guide to the stock market|The Neatest Little Guide to Stock Market Investing
A comprehensively updated edition of an essential guide to stock market investing
For over a decade, Jason Kelly has provided investors with the insider knowledge and time-tested strategies they need to maximize their investment programs. This thoroughly updated edition of The Neatest Little Guide to Stock Market Investing includes:
• Kelly’s Maximum Midcap Strategy, an innovative investment program that consistently outperforms the market
• Real-life examples of investment strategies that paid big dividends
• Tips from master investors like Warren Buffett, Peter Lynch, and Bill Miller
An accessible, intelligent, and highly effective approach to investing, The Neatest Little Guide to Stock Market Investing is an invaluable resource for investors everywhere.
List Price: $ 15.00
Price: $ 5.84
May 2nd, 2011 - 10:26
Clearly written. Solid strategies.,
This is the 2008 revised edition of THE NEATEST LITTLE GUIDE TO STOCK MARKET INVESTING by Jason Kelly. I’ve been studying the stock market for over 30 years and have read countless books on basic investment strategies. This book is one of the best.
Even if you have little or no knowledge of stock trading, this book is written in simple, easy to understand terms. Yet there is actually enough detail here to be not just useful, but the foundation you need to get you starting in profitable investing. What Kelly offers here may not be produce the greatest results, but, especially for the beginning investor, this is solid investment strategy that maintains a low degree of risk.
Over time, you may develop or learn other strategies that will replace some of what you learn here, but the core principles should stick with you throughout your investing career. I highly recommend this book. Seasoned traders will appreciate Kelly’s strategies. Beginning traders need a good place to start, and I believe this is one of the best places around.
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|May 2nd, 2011 - 10:38
Good summary but misleading on strategy,
I like this book because it is a good summary on many different things and reader friendly to those who don’t have much knowledge on stocks.
However, author strongly recommended on using leveraged index fund. This is a very dangerous move and could be devastating. In the recent down turn, we already saw the problem with this strategy. So far we are still lucky because Dow didn’t drop more than 50%. If next time, it drops 60-70%, the leveraged fund may never get back to previous levels. And your most of your life savings could be wiped out. This is certainly not a good recommendation for beginners.
The reasoning in the book is also flawed. For example, it says the down turn in 2001 is probably the worst in life time because the Nasdaq drops 78%. But the trading strategy is not about Nasdaq, it is about Dow or mid cap 400. These two were not hit very hard in 2001.
If you are a beginner, just use the book as a starting guide, don’t really invest the money as the book suggested.
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|May 2nd, 2011 - 11:21
Valuable, must-have information for all investors,
I just finished reading the 2008 edition of this book and found it terrific. Some of the material was basic so I skipped it. But if someone is new to investing, this information would be worth its weight in gold to them.
Kelly gives the reader the investing strategies of several top investors. While they’re different in some very substantial ways, it allows the reader to choose his own style or begin to develop one.
For example, one famous investor keeps a stock no matter what. It can go very low and he’ll buy even more. He says that by buying more, his average cost goes down. Which it does if you watch it in your own portfolio.
Yet another investor sells when a stock goes down eight percent and another sells at fifteen percent loss.
I think knowing when to sell is perhaps harder than knowing when to buy. I have to problems buying a stock and doing the research. It’s knowing when to sell that gives me trouble. So I enjoyed reading about the different styles and trying to get a grip on it. The main thing, according the book, is to know in advance when you’ll sell. Decide why you bought the stock in the first place. Then, when and if the stock no longer meets those criteria, sell.
I had one small issue with the book and that’s the fact it didn’t deal much with ETFs. Of course, ETFs are stocks to a large extent. But one can’t judge them by the same criteria in that some of the inner holdings may retain your criteria while one or two others may not.
But this small, easy to read book covers it all. It’s a full course in the stock market and is good for investors at all levels. There are very few investors who would not benefit from reading this book.
Highly recommended.
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