December 22, 2008
Here is a great review of The Disciplined Investor by Nancy Zambell of the MoneyShow.
Just in time for the holidays, beginning investors would not be amiss to ask that their Christmas stocking be stuffed with this primer by investment advisor Horowitz.
This book includes the foundations of any solid investment plan, headlined by—as the title says—a disciplined strategy. As Horowitz surmises, during this time of reduced spending by retiring baby boomers, an infinite-seeming housing slump, and saturation of previous high-flying technology products, the investor would be best-served with a back-to-basics approach to a simple, but evolving investment process.
Horowitz’ advice includes something that every investor should know, but many don’t practice, and that is committing your goals to paper in order to identify just what type of investor you are. From there, you will then need to focus on the fundamentals of learning how to invest, which includes a very detailed section on stock selection, including how to work with screening tools available on the Internet.
See the entire review HERE
Pick up a copy from Amazon (it’s under $14…not much to risk)
December 19, 2008
I just reviewed Brian Shannon’s new book on MSN TopStocks. It really is a terrific reference to help understand the world of technical analysis, not to mention helping you a better trader.
Equation: Better Trader = Better Profits
Here is what I have to say:
Whether you are looking at technology stocks like Apple (AAPL) or Microsoft (MSFT), or you are looking at old time favorites like General Electric or Consolidated Edison, there is good times to buy and bad times to sell. After the fundamental analysis is done and you are as confident as you can be that the stock you have researched is solid, the timing of the buy is critical.
This is best accomplished by using the strategy of technical analysis Technical analysis can be an intimidating subject and it is often made more confusing than it needs to be with the addition of some esoteric oscillators and indicators. Read more
April 25, 2008
The Disciplined Investor – Book Reviews… Thank You, Thank You! I appreciate the kind words and glad to hear from so many of you that the Investment Disciplines are helping you profit and/or stay out of trouble. Here are a few reviews and comments from this week:
5.0 out of 5 stars Great Book!, April 25, 2008 By P. Parker – See all my reviews Great Book! I was very impressed by how the author has so much knowledge about the topics he addresses and his conservative approach. He advises correctly about risk as well as having a balanced portfolio. The podcast is excellent as well. Definitely recommend this book. Help other customers find the most helpful reviews.
5.0 out of 5 stars An Excellent Baseline for Any Investor, April 22, 2008 By J. Judd I’ve dabbled off and on w. investing, but didn’t really focus my efforts until recently. I found Andrew’s podcast, and his incessant plug for his book, and finally took the plunge.
Andrew provides a clear, focused path for anyone on any income level to take investment decision making into their own hands. Further, the candor displayed, both in the book, and with the podcast/website gives me hope that a cadre of “disciplined investors” will be created.
This could encourage more people like Andrew to reach out and provide an alternative path for everyone to “see things with both eyes open” and allow them to take their financial future “to the next level”. The world needs more people like this to counter the madness that “makes” (and breaks) markets. Keep up the great work, Andrew. And don’t stop… Ever.