From the Frugal Investor
By Scott Spiering
Anchor Bay Founder and Chief Portfolio Manager
A sample excerpt from "The Frugal Investor"
“Unless you've been in the business...It would be almost impossible to know that limited partnerships and annuities pay better commissions than CD's, T-bills, or even stocks. And when your broker assures you there's no commission—be even warier. Investment product sponsors have other ways to compensate the sales force...A 'commissionless' bond or a Class B share of a bond fund has, in fact, a commission built into the quoted price which never shows up on your statement.”
Click here to read more from this highly acclaimed book.