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The
dizzying twists and turns of the market have sunk more
than a few rookie investors who simply didn't have the
mettle to stick with their strategy. Gene Walden one of
America's bestselling investing authors, has written a
simple, succinct, straightforward guide to successful
stock market investing strategies. This book shows you
don't need command of technical jargon, sophisticated
strategies nor complex number-crunching formulas, to be
successful. Keep it simple and stick with it.
For this book, he has talked with some of the top
investment professionals in the world including mutual
fund managers, analysts, economists, authors and
newsletter publishers, stockbrokers, money managers and
successful investors. Readers will discover they don't
have to learn these truths the hard way:
- The odds favor the investor who is in for the long
term, because a company with increasing sales and
profits will see its value go up.
- Diversification requires a portfolio that includes
several industry groups, not just several stocks within
one group.
- To quote Peter Lynch: "Selling your winners and
holding your losers is like cutting your flowers and
watering your weeds."
- A good time to build a position in a stock is when its
industry is out of favor on Wall Street, and prices are
sagging.
Gene Walden is the author of the best-selling investment
classics The 100 Best Stocks to Own in America, a
five-time Money/Fortune Book Club selection and The 100
Best Mutual Funds to Own in America. Walden has been a
contributor to the Wall Street Journal, Investor's
Business Daily, Dow Jones News Service, and many other
business and financial publications.
Contents:
Part 1: Getting in the Game 1
The Lazy Way / Dollar Cost Averaging / Index Funds First
Steps / Realistic Expectations / Random Walk Theory
Market Opportunities Drawbacks of the Dow Overcoming
Fear of the Market / Retiring Rich Commission-Free
Stocks
Part 2: Covering the Bases 33
Why Stocks / Diversification / Market Timing Buy and
Sell Strategies / Bear Market Investing Fundamental
Versus Technical Analysis / Living With Volatility /
Seasonal Patterns / Buying Weakness / Hot Tips / Courage
Part 3: Building a Winning Portfolio 71
Basics / Momentum / Buying Bargains / Good Stocks / Good
Sectors / Bouncers Corrections / Buying Panic / Building
An All-Star Portfolio / Long-Term Focus / Undiscovered
Stocks Financial Analysis / Buy and Hold / Buying More /
Economic Cycles / Investing in Retirement / Investing in
What You Know / Small Stocks / Margin Accounts / Sell
Strategies Mutual Funds
Part 4: Avoiding Troubled Waters 143
Peace of Mind / Opportunities to Avoid / Cheap Stocks
Price-Earnings Ratios / Selling Winners Greed Dumping
Losers / Signs of Trouble Reading Annual Reports
Part 5: How Far to Trust the Experts 185
The Investment Press / Investment Newsletters Securities
Analysts / Hiring a Broker / Using a Broker / Firing a
Broker / Life Insurance
Part 6: Maintaining a Healthy Perspective 211
Controlling Emotions / Hard Work / Trusting Your
Judgment / Patience and Perseverance Earning and
Learning
Index 224
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