The Art of Investing (el. knyga) (skaityta knyga) | Tony Pow | knygos.lt

Aprašymas

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. It only takes about half an hour a month to monitor the market and decide what stocks to buy and sell. This book represents my decades of trading experiences, at least a thousand of simulations and summaries of hundreds of investing books I read.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 such as from Finviz.com.The first strategy is simple 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 or buy.The chart tells us when to reenter the market for the best opportunity to make money. I had about a return of 80% in my largest taxable account in 2009.Using the free web sites, we can evaluate the stocks and ETFs effectively. As a bonus, I borrow some chapters from my book "How to be a billionaire". The four stages of the process are briefly discussed.Size: 55 pages (6*9). Last update: 03/2021