2011年5月25日 星期三
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Completely Revised and Updated)
The million-copy bestseller, revised and updated with new investment strategies for retirement and the insights of behavioral finance.
Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, here is the best-selling, authoritative, and gimmick-free guide to investing. Burton Malkiel evaluates the full range of investment opportunities, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. This edition includes new strategies for rearranging your portfolio for retirement, along with the book’s classic life-cycle guide to investing, which matches the needs of investors in any age bracket. A Random Walk Down Wall Street long ago established itself as a must-read, the first book to purchase before starting a portfolio. So whether you want to brief yourself on the ways of the market before talking to a broker or follow Malkiel’s easy steps to managing your own portfolio, this book remains the best investing guide money can buy.Price: $18.95
2011年5月24日 星期二
Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
Phil Town is now a very wealthy man, but he wasn't always. In fact, he was living on a salary of $4000 a year when some well-timed advice launched him down a highway of investing self-education that revealed what the true "rules" are and how to make them work in one's favor. Chief among them, of course, is "rule #1": "don't lose money." Other rules are: don't diversify...think like an owner, not an investor ... never, ever be seduced into thinking the market is efficient. Town also believes strongly in "betting on the jockey," putting your faith in managers who've proven their financial mettle. Not only does Town reveal fresh methods for identifying who the truly reliable managers are, but he shows you how to test whether they really have faith in the businesses they're running. By far, the most controversial of the audiobook's assertions will be that giant 401(k) type mutual funds can't help but regress to the mean, and in the next twenty years, the mean could be very disappointing indeed. There's a very real chance that a 401(k) investor could see his holdings not grow at all in the next few decades. Fortunately, Town's stockpicking techniques are meant to walk investing phobes through the do-it-yourself process, equipping them with the tools they need to make quantum leaps toward financial security.
Rule #1 says something new, and it says it in a way that every listener can understand.
From the Compact Disc edition.
Price: $15.00
Investing Basics - The Ultimate Top Tips for Creating a Successful Investing Strategy
What was once a domain of the wealthy is now open to just about anybody who wants to get involved. Many have become burnt by the prospects and risks of investing in the financial markets, making about 50% of investors the "mom and pop" types that own their own shares. World governments are making it clear that people need to take care of their own finances as government pensions are under pressure. Nobody wants to let their retirement go up in smoke.
Most people are retired for about half of the time that they were in the workforce, 40 years working and 20 years retired on average. If you intend on living well in this time then it is imperative that you educate yourself about investing. This is still true if you go with a licensed investment advisor, you should know how the market works to inquire about their philosophies. Become familiar with the investment language to decide if a strategy is sound and right for you.
Perseverance is one of the single biggest keys to investing, don't put everything under the bed to save, and don't expect to become rich overnight. Don't think that you will learn everything overnight, but you should consider the following about the basic rules of successful investing:
1. Manage your investments yourself. You really shouldn't let a stockbroker or financial advisor do it for you. As with most things in your life, you really know what you want and need, not your investment guy.
2. Spread your investments, though not too much, to reduce the risk possible.
3. Don't simply do what everyone else is doing, try being the chief contrarian. Find what they are doing and try the opposite every now and then.
4. Master the talk; don't be left out in the cold when investors talk the trade.
5. Don't shy away from a market staring gloomily at the future - this is potentially the better time to buy. Don't wait for things to get better, that's when everybody else will join in.
6. Good quality shares should be your core, and then go to the speculative areas.
7. You must always bear in mind the various implications to your future tax payments when investing but never let minimising the tax be the one and only or sole objective. Always try and follow a sensible rule of thinking in terms of reducing your tax returns so long as the investment is sound for other reasons as well.
8. Read the financial papers avidly and search for independent or unsponsored investment research sites to keep you on the cutting edge.
9. Investment discussion can be very interesting, even with those who make you feel inferior.
10. Don't be greedy or fall into the trap of writing "just a little bit longer to see what happens". Be strict with yourself that you'll cut your losses as soon as they appear from any bad investments and likewise, cash-in when you've made a reasonable profit - certainly to the point of securing your initial outlay in those rare cases with investments that climb massively.
11. Patience is a virtue; you won't be in the outhouse today and the penthouse tomorrow.
12. Don't invest into something you don't really understand. Investments that sound 'too good to be true', are exactly that! Avoid!
13. Make sure that you pay yourself enough before investing. Now, the general way of things for the majority of people investing their money is that they take whatever they have left over from settling that months bills and use it all. Normally - they then discover they've not left anything in case of emergency and are having to borrow to pay for an unexpected purchase or expense!
Instead, set yourself a % from your monthly income that you'll use for building up your investment capital, the lump sum starter! A major benefit of doing this is that by doing it this way, you soon get entrenched in best practise and almost force yourself into becoming a long term investor - who reaps the rewards of a carefully constructed approach!
These basics aren't everything you need to know - but they are certainly some of the most important cornerstones from which you should be able to build up a very successful and secure investing strategy that will pay you good, strong dividends in the future - in more than just money!
Duncan Roberts has been investing and growing his funds year after year - based on sensible and logical rules he set himself when starting out. You can read more of his investing strategy and practical investment advice at http://www.theadvicecentre.info/investing/investing-advice/investing-strategy.htm
2011年5月23日 星期一
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing (Completely Revised and Updated)
The best investment guide money can buy, with over 1.5 million copies sold, now fully revised and updated. Especially in the wake of the financial meltdown, readers will hunger for Burton G. Malkiel’s reassuring, authoritative, gimmick-free, and perennially best-selling guide to investing. Long established as the first book to purchase before starting a portfolio, A Random Walk Down Wall Street features new material on the Great Recession and the global credit crisis as well as an increased focus on the long-term potential of emerging markets. Malkiel also evaluates the full range of investment opportunities in today’s volatile markets, from stocks, bonds, and money markets to real estate investment trusts and insurance, home ownership, and tangible assets such as gold and collectibles. These comprehensive insights, along with the book’s classic life-cycle guide to investing, chart a course for anyone seeking a calm route through the turbulent waters of the financial markets.Price: $29.95
2011年5月21日 星期六
The Five Rules for Successful Stock Investing: Morningstar's Guide to Building Wealth and Winning in the Market
The Five Rules for Successful Stock Investing"By resisting both the popular tendency to use gimmicks that oversimplify securities analysis and the academic tendency to use jargon that obfuscates common sense, Pat Dorsey has written a substantial and useful book. His methodology is sound, his examples clear, and his approach timeless."
--Christopher C. Davis Portfolio Manager and Chairman, Davis Advisors
Over the years, people from around the world have turned to Morningstar for strong, independent, and reliable advice. The Five Rules for Successful Stock Investing provides the kind of savvy financial guidance only a company like Morningstar could offer. Based on the philosophy that "investing should be fun, but not a game," this comprehensive guide will put even the most cautious investors back on the right track by helping them pick the right stocks, find great companies, and understand the driving forces behind different industries--without paying too much for their investments.
Written by Morningstar's Director of Stock Analysis, Pat Dorsey, The Five Rules for Successful Stock Investing includes unparalleled stock research and investment strategies covering a wide range of stock-related topics. Investors will profit from such tips as:
* How to dig into a financial statement and find hidden gold . . . and deception
* How to find great companies that will create shareholder wealth
* How to analyze every corner of the market, from banks to health care
Informative and highly accessible, The Five Rules for Successful Stock Investing should be required reading for anyone looking for the right investment opportunities in today's ever-changing market.
Price: $19.95