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Rule #1: The Simple Strategy for Successful Investing--in Only 15 Minutes a Week! [ABRIDGED] [AUDIOBOOK] (Audio CD) (Audio CD)
by Phil Town
| Category:
Introduction to investing, Value investing, Investment guide, Personal finance |
| Market price: ¥ 298.00
MSL price:
¥ 258.00
[ Shop incentives ]
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| Stock:
Pre-order item, lead time 3-7 weeks upon payment [ COD term does not apply to pre-order items ] |
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MSL rating:
 Good for Gifts |
| MSL Pointer Review:
Practical, instructive, thoroughly useful, this book takes you from a scared and ignorant novice to an unintimidated and educated novice, encouraging you to do your own work and showing you how to get started. |
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AllReviews |
  1 2 Total 2 pages 14 items |
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M. Abdallah (MSL quote), USA
<2007-11-26 00:00>
In the past three years I read literally hundreds of books on investing and trading. Some of them were good like the writings of Dr. Elder and Dr. Tharp. Most of the others were ranging between trash to useless. Many books written on investing or trading were simply scams to get you subscribe to expensive and totally useless services. Finally, I decided to read this book of Phil Town, and I finished it in two days. This book is an eye opener and totally honest. The guy is not trying to make money out of me the poor reader with a couple of thousands to invest in the market. I always believed a combination of fundamental and technical analysis is the right way to go about "investing". Phil shows me how.
My only concern after reading this great book is that in the early chapter Phil calls for holding the rule#1 stock as long as possible. Yet, he comes back and starts trading using MACD, Stochastic, and moving averages. I feel there is a discrepancy here, because these will force you in and out very often especially with the low time frame parameters he is using. I will try to communicate with the author to ask him about this specific point.
Otherwise, this book is totally refreshing and no other book on investing or trading makes sense as this book does. I recommend this book for anybody who is serious about making money in the market, and not gambling on the hype, news, or foolish tips. |
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GORDON (MSL quote), USA
<2007-11-26 00:00>
This book is as good as it gets at explaining how to value stocks to build a portfolio,and I suggest that it deserves a place on your book shelf. For those of us that have studied the market over years, we use a different strategy. The success of traditional strategies can be summatized by the following study. Piscaqua Research in a study covering the period 1987-96 found that only 10 out of 145 major pension funds, or just seven percent, out performed a portfolio consisting of a simple 60%/40% mix of the S&P 500 index and the Lehman Bond index respectively.
Or is it logical I ask for you to believe that you can predict which actively managed funds will out perform, or are you overconfident of your skills? If you are trying to find the great fund managers who will out perform in the future ask yourself: what am I going to do differently in terms of identifying the future winning fund managers, than did the pension plans and their advisors? And if you are not going to something different what logic is there in playing a game at which others with superior resources have consistently failed?
If you a really serious in finding an investment technique that will provide you with reasonable return with less risk I suggest the following little book. This is a little book that I have written and contains the essential of how to invest. The book promotes the use of index funds and Exchange Traded Funds. Just click on the title to find the book.How to Make Money in the Stock Market-Buy 2,500 Different Stocks-Pay no Commission. |
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Ezekiel (MSL quote), USA
<2007-11-26 00:00>
Obviously, investing can be a complicated process, and rightfully so. This book is excellent in that it provides you with actual numbers to look for and teaches you various ways to compute them. This is something you will be hard pressed to find anywhere else but investment textbooks. It is also done in such a way that doesn't bore you to sleep. Although I wouldn't recommend making this your only resource for knowledge about investment, it is a must read in your library and you will find yourself going back to the principles in this book again and again as you conduct your market research. Some good follow-up reads would be Jim Cramer's Real Money, Penman's Financial Statement Analysis and Security Valuation, and The Intelligent Investor by Benjamin Graham. Hope this helps to get you on your way! |
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Gary Kurz (MSL quote), USA
<2007-11-26 00:00>
Whether you hear him speak or buy the book, you get the same information. The upside of the book is you don't have to remember what was said, you can re-read it, and it is a good book. The author is motivational and his words and concepts "charge you up", and maybe this time it will last and provoke me to actually invest in more than just the book that tells me about investment opportunities. I am not cheap and I can afford to invest, but when it comes to doing so, something always stops me, or I put it aside to take of later and then of course, it is soon forgotten.
I think this time it might last, at least I hope so. I truly believe it can be done as advertised. If you are like me, always straddling the barbed-wire Wall Street fence, this might be the wire cutter you needed. |
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1 2 Total 2 pages 14 items |
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