This book is targeted to beginner investors and/or couch potatoes who do not want to spend a lot of time in managing their investments. This book helps someone looking for simple but profitable strategies in investing. It only takes about half an hour a month to monitor the market and decide what stocks to buy and sell. This book uses the advanced strategies described in my other books but in very simplified instructions. The trick is to make them easy to use from the research information available to us free of charge. This book has 9 sections. In general, the first chapter in each section tells you what to do (the 'Do' chapter) in very simple terms. The other chapters in each section explain the detail and you can skip them for now. I start with market timing. You should not buy any stocks when the market is plunging. Actually you should sell most of the stocks you own when the market is plunging. I have a simple way to spot market plunges. It is based on charts. However, you can obtain similar info without creating charts and there is nothing to subscribe. The chart tells us when to reenter the market for the best opportunity to make money. I did in 2003 and 2009. Corrections provide opportunities to buy stocks. However, you have to prepare for the next correction by accumulating cash in advance and preparing a list of stocks you want to buy and at what prices. If you do not have such a list, just buy one or more ETFs. For starters, just trade ETFs (Chapter 14) and you can skip the latter chapters in evaluating stocks. In the simplest terms, I discussed how to evaluate stocks fundamentally and technically. Use the research available in the free sites such as finviz.com and MSN Money. Instead of spending hours in researching one stock, you can do the same in a few minutes as others have researched them for you. Many of my other books are mentioned for future references. You do not need to read them now unless you want to further your education in investing. Actually this book provides a lot of information including the entire bonus section for more advanced study. If you want to buy stocks besides ETFs without a lot of research, try out the following book or the more recent book in this series: Best Stocks 2014, According to Me (not a promise on a later book). I am not a writer but a retail investor similar to most of you. I've been making a comfortable living via my investment ideas that I'm sharing in this book. Some of the strategies described here have been used in my book Best Stocks 2014, According to Me. From 12/16/13 (the publish date) to 3/4/14, the list of all 135 selected stocks beat SPY (an ETF simulating the SaP 500) by 103% and the list of 9 small cap stocks beat SPY by 500% without considering dividends and compounding. Retail investors have a lot of advantages over fund managers. However, I advise not to be a trader especially day traders for beginners. Statistically most amateur traders lose money as they cannot compete with experienced, disciplined traders. Even if you study several good books by great traders, you will still lose money initially. No books can replace the actual trading experience. My books do not teach you to be a trader but a 'turtle' investor. Updated: 01/2015. Size: 215 pages (6*9)This book is targeted to beginner investors and/or couch potatoes who do not want to spend a lot of time in managing their investments. This book helps someone looking for simple but profitable strategies in investing.
|Title||:||Profitable Stock Investing for Beginners and Crouch Potatoes|
|Publisher||:||CreateSpace - 2014-02-03|