Death of the American Investor. Nico R. Willis
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first time cost basis regulations, courtesy of the IRS, will go into effect. There are decisions to be made about all of these things that dramatically impact investors’ outcomes from now on.
And there is the discussion about brokers’ fees. As an investor, if you decide to take more control over your investments, you will want to take these into strong consideration, especially given the conflicts of interest that have surfaced in news reports in the past few years regarding brokerage firms.
Speaking of brokerage firms, we will cover some behind-the-scenes secrets your broker never told you about, lifting the veil of secrecy in the brokerage world. An informed investor is an empowered investor.
What does this all mean? What are you supposed to do about it? Why should you care? It’s your money, that’s why. You don’t have to sit back and be at the mercy of some giant investment firm with a broker who tells you what to do and pushes the buttons for you. There are amazing tools available that are remarkably easy to use and allow you to push the buttons yourself. You control your money and your future, and you don’t have to worry about seeing it go down with the Titanic if and when another financial institution fails.
Controlling your financial destiny and building your wealth—that’s what this book is all about.
—Nico Willis
Author, Death of the American Investor
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