The press continuously complains about female financial illiteracy. This book will end that.

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If you are a lady tell me when was the last time your friends or mate ever talked about why there are stock markets? Or what are stocks? Or should you embrace a DRIP? Are familial bonds similar to financial bonds?

Many male mates are fault for never preparing their partners for the likely day when they won’t be around to manage the family portfolio. Sure you learned how to change the furnace filters and a flat tire but the beloved twit forgot about the finances. That gave rise to an industry prospering on the financial abuse of widows and divorcees.

When I was 50 years old I left Canada and fled to Europe as a refugee from punishing taxation. Fifteen years later I returned to the old country, Canada, to find that some of my old male colleagues, competitors and friends had died. Some of their widows approached me and asked why they were poorer than when they inherited. Looking at their portfolios I found that they had been stuffed and churned. Stuffing occurs when the brokerage firm gets a hot new issue, that cools quickly and doesn’t sell to the professionals. It therefore has to be stuffed into the portfolios of the unsophisticated retail investor.

Churning occurs when the brokerage sales manager comes over to Rodney’s desk and mentions the low commission figures of the past month. Rodney steps into action and buys and sells in the least knowledgeable clients as much as necessary to get his commission income up to quota. Imagine your real estate agent buying and selling you a half dozen houses in a year. Great for his wallet but not so much for yours.

One of the ladies was so shocked by what I had to explained that she bribed me by taking me to upscale restaurants to address her friends who had suffered the same fate. It was from those dinners that this book evolved.