Today's new information economy has generated unprecedented opportunities for investors. But taking advantage of them requires discipline and a knowledge of econimic trends. There will be recessions... This description may be from another edition of this product.
Even sophisticated investors will learn a great deal from this well-organized book as to how various market/economic indices, economic trends and business developments are likely to affect financial markets. While many of the rules will be "old-hat" for some investors, the rules regarding the likely market impacts of economic developments, Federal Reserve actions and releases of government statistics and reports are outstanding and will help even knowledgable investors make sense out of the myriad of complex factors that drive stock prices in today's marketplace. I recently appled Mr. Lereah's rules to my own portfolio and avoided July's downturn in technology stocks, saving me almost $75,000. Maybe just luck, but I think not.
Extremely Relevant Resource for Successful Investing
Published by Thriftbooks.com User , 24 years ago
Although the writing was dry in some places, this book reads well and contains really relevant information about how changes in the economy affect the value of investments. This book is useful for anyone looking to understand how and why monthly economic reports move the market and it ties in using the Internet for monitoring such data. I would recommend this book highly to anyone who wants a primary investment reference and a set of sound investment rules to make money in today's dynamic new economy.
Comprehensive Job Well done
Published by Thriftbooks.com User , 24 years ago
A really thorough book, goes into detail on a lot of scenarious, and possible circumstances and when he touches and talks about the 201 subsequent rules. Sometimes, i felt like it was cut and dry and was about to put it down but it is worth to read this one all the way through, practical approach and comprehensive in content is what i really liked although the book could definitely be made a little more interesting to read through various ways, overall, not bad at all
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