QUOTES

"In the 35 years I've been following the markets, I have found no one who can reliably predict the future of gold prices, stock valuations, the direction of the economy, or anything else that has to do with human action."  - Harry Browne

"Nobody can predict interest rates, the future direction of the economy, or the stock market. Dismiss all such forecasts."    - Peter Lynch

"Canadians would be far better off if they took control of their own finances and never dealt with any broker or advisor. They often do more harm than good." - Daniel Solin (The Smartest Investment Book You'll Ever Read)

"Thousands of Canadians are losing their life savings because of bad advice from investment advisors." - Stan Buell, president of the Small Investor Protection Association, SIPA.

"Don't you realize you are being royally screwed, every day, by people you are paying to be "trusted" advisors?" - Kim Snider, Snider Investment Method

When it comes to protecting small investors from predators in the financial industry, "the bad guys" are winning says financial advisor       John De Goey.      

"If you think the investment industry is there to protect you, think again." - Michael Mauboussin, chief investment strategist at Legg Mason Capital Management

"Anyone who wanders into the minefield of investing without proper protection is asking for trouble. They are no match for the armies of commissioned salespeople."  - John Heinzl, (The Globe and Mail)

" Much of the investment industry holds you and every other retail investor in contempt." - J.L. Reynolds (The Naked Investor)

"The average investor has no chance of becoming educated enough to avoid all the pitfalls in the market."  - Eric Kirzner, University of Toronto professor of finance.

"The best kept secret in the investing world: Almost nothing turns out as expected."  -  Harry Browne

"The industry ignores rules intended to inform or to protect the public, if it is in the self-interest of the industry."  - Larry Elford (Breach of Trust - film)

"I believe that traditional investments used for retirement savings are dangerous. I believe you should be in investments that benefit you, not the person selling them. I believe the biggest drag on your performance is your financial advisor. I  believe your money should pay for your retirement, not your financial planner's. I believe the key to financial success is making money for yourself, not for someone else."
- Kim Snider, Snider Investment Method