For today s shell-shocked individual investors, financial expert Charles B. Carlson offers hands-on advice on how to survive and thrive in a wildly fluctuating market. The economic recession of the... This description may be from another edition of this product.
The volatility of the markets is here to stay as long as mutual funds, hedge funds, and other managers focus on short-term results that determine whether they lose or gain clients. As individual investors, we must learn how to deal with the volatility. The author argues that volatility is not necessarily a bad thing because it may be quite profitable. Market participants may send the prices low enough that investors can get good deals in comparison to the underlying values of particular securities. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
Finally, a compass to guide us through these markets!
Published by Thriftbooks.com User , 22 years ago
Chuck Carlson knows how to weather these stormy markets. He explains why even the most appealing stocks may not be right for everyone's portfolio and shows in clear, well-written ways -- how to buy and hold and build a portfolio that will make profits in the up markets as well as these downturns we have all been hurt by. Some of this book's strategies presented coincided with my own: start investing ASAP, dont confuse investing with trading, buy only stocks and stock mutual funds, invest every month, buy and hold. The book also warns you about the common mistakes investors make and how to avoid them. Ultimately, he shows through many examples that slow and steady wins the race....this book was a great investment...Im even buying copies for my friends in my investment club.
Must-read for the post 9/11 and post Enron investor!
Published by Thriftbooks.com User , 22 years ago
As we have all sadly found out in the past 18 months, volatility is here to stay and the depressed markets of the past year have sent all of us personal investors into a tailspin. Carlson's newest book argues that these markets are not a fluke but that the ongoing changes in the economy, including corporate layoffs and the instant access to information, is going to keep the market see-sawing for years to come. His basic buy and hold strategy (then at the right time, buy some more) is not sexy but sound. Especially useful are Carlson's chapters on using asset and time diversification to ride out the downturns and his list of easy hold stocks that reduce the effects of volatility on your overall portfolio.Bottom line: If you are tired of the talking heads on CNBC. If you feel like you need a sound investing plan that will provide security and profit for the long-term.....buy this book!
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