subscribe
ask Farnoosh
×

Ask Farnoosh

Ask Farnoosh about money, work, life, or a recent guest below and she'll do her best to answer your question during an upcoming Friday episode on So Money. Record a message below or type in your question.
  • Please answer the following question to submit:
  • This field is for validation purposes and should be left unchanged.

Bobby Monks, Author of "UNINVE$TED"

Today’s guest is a serial entrepreneur. He founded, led and grew numerous businesses in the financial services, real estate, media and tech sectors. Robert or “Bobby” Monks as he goes by, is out with a new tell-all book. It’s called, “UNINVE$TED: How Wall Street Hijacks Your Money and How to Fight Back.” It offers an interesting perspective considering Bobby worked in finance for almost his entire work life.

So, in this book he is blowing the cover on how Wall Street works. He’s got a lot to say on the matter. The book is really a way to teach Americans on how financial firms and money managers on Wall Street are profiting from our ignorance by over complicating the investing system. Bobby talks about how the system is corrupt and what we can do to change it and he would know. He was once the chairman of Spinnaker Trust, managing over a $1 billion in asset so he’s had quite the perspective.

With Bobby, we learn how to seek out a financial adviser who is working in your best interest and is affordable. How to negotiate with your financial adviser to lower his or her fees and the costly truth about 401(k)’s.

If you’d like to learn more about Bobby Monks visit his website www.bobbymonks.com or follow him on Twitter @MonksBobby.

One of my favorite quotes from the interview: “Who manages your $ is one of the most important financial decisions you’ll ever make in your life.” – Click to Tweet

You might also like…

you might like....

Oprah Magazine

How to Find That Special Someone

It might seem counterintuitive to hire someone to manage your money when you’re trying to save. But, working with a CFP or money coach has many benefits. In my latest O, The Oprah Magazine column I share more about finding that special financial someone.

Continue Reading

Oprah Magazine

Saving for Retirement at Every Age

I joined Kathie Lee and Hoda on the TODAY Show to share my retirement advice for people in their 20s, 30s, 40s, 50s and 60s. I explain what you should be doing at each stage to ensure you’re comfortable and have retirement savings for when you’re ready to stop working.

Continue Reading