Pub 2014-03-12 272 Traditional Chinese KBA salaries do not rise. prices skyrocket. many people want to use the investment to help themselves a raise. but the truth buy stocks have earned only 1%; buy the fund has earned less than a year into! Bank executives Johnny in his calendar through international banking. private banking. investment banking. more than 10 years of experience. he was determined to uncover the shady financial behind how banks play with your hard-earned money? Why do you always earn less investment pay much? Only understanding of the financial rules of the game change your ideas on finance and investment. you can be a smart independent investors! About the Author Johnny. America's top schools Dr. Jin Rongxue. accountants. financial planners. long served as commercial bank branches. head of private banking. financial co...
This tell-all book exposes and explains in layman terms the various shady ways Taiwan's financial industry as a whole has been exploiting retail customers' trust and ignorance for huge profits. While the veracity of the author's account is unknown, readers should feel enraged even if just half of it is true. As far as I can see, unfortunately, the financial literacy of many Taiwaneses remains woefully inadequate. Thus, when being presented with mutual funds, insurance policies, or exotic investment products, they usually have difficulty seeing through the carefully crafted sales pitch, hidden fee structures, deliberately obscure fine print in investment product contracts, distorted incentive structure for customer-facing sales agents, etc. Although it might be impractical for everyone to spend large amounts of time poring over all types of financial products, this book should help point readers towards some of the most prevalent pitfalls to look out for when dealing with their financial institutions.