The Streetwise Investor: Steering Clear of Investment Traps, Pitfalls and Other Dangerous Lures

You can't argue with success. Charles L. Fahy, one of America's most successful stock brokers, knows Wall Street from the inside out. He has seen fortunes made and lost; investment fads come and go; and ever more facile advertising campaigns hyping Wall Street's latest, sure-fire investment. And now, in The Streetwise Investor, Mr. Fahy, with Sydney LeBlanc, a veteran financial writer, takes you inside the controversial world of securities marketing where Wall Street meets Madison Avenue. He strips away layers of hype - revealing the truth behind outrageous claims about certain "safe, high-yielding and tax-exempt" products. His observations will surprise, if not downright shock you. You will learn why bonds don't work, why tax-exempts are not safe investments, and why you might not be the conservative investor you think you are. Dubbed "The Will Rogers of Wall Street," Mr. Fahy offers real-life case histories, analogies and humorous stories that span his 20-year career as a professional stockbroker. Examine the wisdom behind his decision to change his entire method of doing business mid-way through his career so that both he and his clients could become more successful. His solutions to investment problems may anger some on Wall Street and in the financial planning industry, but, according to Mr. Fahy, "You can't argue with success." Whether you are a beginner or a seasoned investor, The Streetwise Investor gives you valuable information from an insider who dared to challenge an entire industry on its methods of operation, ethics and integrity - and won.