What is your latest release and what genre is it? Your Portfolio Is Broken: Who’s to Blame and How to Fix It – Business/Investing
Quick description: This book helps frustrated investors identify the problems with traditional approaches to investing and offers a modern, simpler solution.
If you’re an investor, chances are you feel frustrated … maybe a little afraid. Perhaps you feel the investment industry has let you down. How many “attractive” mutual funds, “promising” stock recommendations, and “good ideas” have you sampled from bankers, brokers, and TV big-talkers? After all of your effort and all the recommendations from all the people who are supposed to know … what did you really get, besides frustrated?
The investment industry sells products and predictions. Investment professionals present themselves as faster and smarter investors whose acumen will generate market-beating results for investors.
Your Portfolio Is Broken: Who’s to Blame and How to Fix It calmly debunks the claims of the investment industry. In fact, beating the market is rare, and an emphasis on good consumer and investor practices – controlling what you can control – is more effective in addressing the issues causing poor portfolio performance versus more products or more predictions.
Now is the time for a change. After 13 years of debate, Canadian security regulators have begun a multi year rollout of reforms specifically aimed at correcting the knowledge imbalance between investors and the industry after repeated surveys showed that Canadians did not know how much their investments cost or how their adviser is compensated. The first of these reforms, effective July 15, 2013, requires “Enhanced Disclosure” to new investors. Further reforms are scheduled for 2014, 2015, and 2016.
Chris Turnbull is a portfolio manager with over 20 years of experience working with high net worth investors. Chris holds a BA in Economics from the University of Alberta, as well as the Chartered Financial Analyst (CFA) and Certified Financial Planner (CFP) designations. He has written and presented papers such as, Trustee Investment Powers, and the Higher Standards of Prudence to influential groups such as, the Certified General Accountants, the Institute of Corporate Directors (ICD), the Society for Trust and Estate Practitioners (STEP) and the Canadian Bar, Wills and Estates Chapter. Chris published his first book, Your Portfolio Is Broken: Who’s to Blame and How to Fix It in 2013.
The Index House – Portfolio Manager
The Index House is a Private Counsel portfolio management firm focused on good consumer practices including an indexing approach to investing. The Index House aims to simplify the investment process such that clients make better decisions and get better results. The Index House provides a sensible and modern alternative to the investment services offered by large banks, brokerage firms and mutual fund companies.