Product Description

How to Invest $50-$5,000 has been a trusted adviser to investors for twenty years. This ninth edition has been completely revised and updated to cover the full range of small investing—from selecting a bank to saving for college and retirement to making sense of financial pages. Step-by-step instructions guide even the most inexperienced investor through the maze of stocks, bonds, treasuries, mutual funds, and more, with new sections on how to recognize a swindle or scam; what to do when fired; ten sources of instant cash; and the top 25 online financial Web sites. These low-risk, high-value tips are perfect for every investor.

Customer Reviews (5)

Basic, Outdated
The book has some very basic information, nothing too mind boggling, although I did get a little out of it.The biggest problem is that this book is out of date for 2009.CD and Savings rates are nothing, thus putting $100 into a savings account earning .25% a year or even the top rates of around 1.5%...yea, pretty much useless.

Good introduction for beginners
People work hard for their money, but few have any idea of how to keep it. The author argues that no matter how much money people make, they don't know how to save, or even if they save, they don't know what to do with their savings. As a result, they and their money part ways.

This book is great toward beginners and teaches how to invest your money. The author recommends that the first $50 be invested in your bank's or credit union's savings account, or in a government bond. The first $500 should be invested in interest-paying checking accounts, money market mutual funds, certificates of deposit, treasury securities, or investment clubs. The first $5,000 should be invested in bonds and stocks. By showing readers where different amounts should be invested, the author is able to explain different investment vehicles available to investors. If you are new to investing, this book provides a good introduction.

- 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

Excellent Primer
This book is an excellent primer to learn the world of finances. It gives quite a bit of first timer information, and details where to learn more about almost any subject. Highly recommended if you are in need of serious beginner information like I was. If you consider yourself relatively knowledgeable, you might want to skip this one.

Great Place To Start Small and Grow!
Until I read this book, I was under the impression that you had to have a lot of money to become an investor. I knew I wanted to begin somewhere but I didn't know where.

Nancy Dunnan speaks in everyday language. I'm grateful for that. I wasn't intimidated nor did I feel overwhelmed. I felt like I could do this.

I appreciated the detailed appendices:

A. Nine Easy and Painless Ways To Save
B. Ten Steps Toward College Education
C. Scams, Swindles and Suckers
D. The Top 25 Financial Web Sites (For me, this alone was worth the price of the book)
E. If You're Fired
F. Cash in a Flash: Ten Sources of Instant Money
G. Your Next Steps

This book is great for a beginner and aimed at the small investor. It gives step-by-step and easy to understand common sense information. I now have a better grasp of investing, saving and even my own comfort level about money.

I highly recommend this book!

Worth Every Penny!
Excellent read! Very informative.I read the last edition and found this to be updated. I've read several books on investing and found this to be comprehensive because it provides specific resources & websites for ease in finding additional info on areas of interest.It really will give you a jumpstart in how you can start saving and investing wisely without paying high fees.Provides investment alternatives for people with smaller funds to get a rate of return similar to those people who can invest thouosands at a time.Easy to understand and apply these concepts. ... Read more

Product Description
Over 4 million people are logging onto the Internet to research stocks, check quotes, and make investments, and the number is growing daily. It's hard to believe that only three years ago the average person hadn't even heard about online investing. And a little over a year ago people in the bricks-and-mortar financial industry didn't believe that online brokerages could compete. Now the likes of Merrill Lynch, Prudential Securities, and Morgan Stanley are rushing to create their own online brokerage sites.

In The Unofficial Guide to Online Investing, new and experienced investors learn to:

• Choose which computer, Internet Service Provider, and investment software is best for online investing
• Find the web sites every online investor must know
• Pick an online broker and set up an account
• Monitor investments on- and off-site
• Evaluate online investment clubs, bulletin boards, discussion forums and news groups, mailing lists, and magazines
• Avoid the scams and pitfalls of online investing -- what happens if the online brokers site crashes?

Customer Reviews (3)

An Exceptional Guide to Investment and Money Management
The Unofficial Guide to Online Investing by Henry Robb is an excellent guide for the individual investor. If you're looking for an extremely thorough, reader-friendly, comprehensive reference tool for not only online investing but a myriad of other vital financial concerns, look no further. It's obvious that the author took great pains in putting this book together. It's wonderfully written in an interesting, easy-to-understand style that doesn't intimidate or confuse the reader. On the contrary, you get the feeling that Mr. Robb has been an investment veteran for a number of years and through his day-to-day experience in dealing with the various financial markets, he has gained a great deal of wisdom on the subject.

The information, which is meticulously organized, is highly objective in nature. The author paints a very honest, if sobering view, of the overall financial picture, and he gives the reader an opportunity to find out about him- or herself with the inclusion of various personality assessment exercises. They were very helpful in gauging where I stand regarding investing, and they'll provide a basic framework or starting point, if you will, for my future investment decisions.

Lastly, I would like to reiterate that this book discusses a wide variety of financial issues within the context of personal investment. That is a key reason why I believe this book is so useful. Its scope as well as its careful attention to detail makes The Unofficial Guide to Online Investing a truly wonderful source of information, as it addresses just about every kind of question relating to individual money management.

Should be titled "The Unofficial Guide to Personal Finance"
This book should have been titled "The Unofficial Guide to Personal Finance". Only Part IV, chapters 10 through 13, about 160 pages are devoted to online investing, and it's at a very elementary level. The rest of the book deals with bank accounts, credit cards, debt reduction, insurance, taxes, and other personal finance issues. If you want to learn about Online Investing, leave this book on the shelf and look for another book which has doesn't have all this non-Online Investing stuff. Leave this POS on the shelf.

An Outstanding Reference
I just finished reading "the Unofficial Guide to Online Investing".This is a great book for the beginner through experienced individual investor.Robb covers all the critical topics in stages,increasing detail with each stage.What results is an excellenttutorial/reference (not to mention an easy read) concerning all aspects ofinvesting.Starting with setting your house in order to planning andexecuting an investment plan.Well Done! ... Read more

Product Description

A practical system for growing and protecting wealth in today's volatile markets

Martin Truax and Ron Miller are financial professionals, who unlike others in this field, have made money in today's volatile market. While stock markets have been down fifty percent, they've managed to be up seventy percent. This book clearly explains the highly successful portfolio management system used by the authors to protect their clients' wealth as well as garner substantial gains-by participating in profitable market opportunities when they occur.

Divided into several informative and engaging sections, The Evergreen Portfolio reveals how you can use hedges to protect the long portion of your portfolio when the market starts to go down. It covers the tactical and technical methodologies needed to protect and grow your assets at a time when many investors are getting wiped out.

• Discusses the keys to succeeding in today's market, including the best ways to invest in gold, diversify with foreign currency, and much more
• Contains insights from top minds in the market such as Mark Skousen and Bob Precther
• Offers an effective solution to the investment and retirement problems we all now face

Written with the serious investor in mind, The Evergreen Portfolio reveals one of the best ways to protect and grow your money in a turbulent financial environment. ... Read more

Customer Reviews (6)

The Reckoning is now !
I've known Martin & his collaborators for close to 40 yrs. Most are friends and were my interview guests on Investor's Hotline. Their meritorious alternative investment strategies are more prudent now than ever. The Reckoning is upon us !

Great book from great contributors
I have had the pleasure of reading The Evergreen Portfolio.Martin and Ron have compiled some of the brightest minds in the world to address all the major areas in the invsting world.I have read many of the contributing authors books about their own expertise, but nowhere has one book condensed them all (Green, Skousen, Maybury, and Trotter) into a collection of information in which someone can take action.

Do yourself a favor
Uncle Eric Talks About Personal, Career, and Financial Security (An Uncle Eric Book)Whatever Happened to Penny Candy? A Fast, Clear, and Fun Explanation of the Economics You Need For Success in Your Career, Business, and Investments (An Uncle Eric Book)Whatever Happened to Justice? (An Uncle Eric Book)

The Evergreen Portfolio is a classic
Great read packed with useful insight and data from profesionals who have done it.This is a must read for anyone with substantial wealth and concerned about keeping it in tact!

Invaluable Information
I've bought and read this book and now sent it to several friends.Martin Truax and his contributors are the real deal.Professionals who practice what they preach and have a firm grasp of their ideals.Invaluable information and guidance.Get this book.You won't be disappointed. ... Read more

Product Description
Written for students and business neophytes alike, it provides a thorough grounding in the art of investing. Defines the basic types of securities and the concepts of risk and return; explains how the securities market operates; shows how to analyze securities step-by-step; explores the issues of administering investments in stocks, tax shelters, real estate and other investments; and deals with the special situations that might arise in convertibles, commodities and derivative securities. Financial analysis from a global perspective is included. ... Read more

Product Description
At last, a book perfectly designed to deal with the common anxieties most people have about handling their financial investments-without taking up all of their time.In today's volatile market, jittery nerves are the normwhen it comes to saving and investing for the future. But with these keep-it-simple, easy-to-understand, and time-tested strategies that-best of all-take very little time or energy to maintain, readers can relax.Dr. Farrell has reviewed all of the successful investment strategies and distilled them so that even the most inexperienced investor can plan a successful financial strategy. ... Read more

Product Description
Why'd you fall for that Internet stock? Why do you always seem to buy high and sell low? Why does it look like everyone else is getting rich but you? As an investor, your emotions are your biggest obstacles -- cutting your returns, and raising your risks. Drawing on the new science of behavioral finance, Investment Madness will show you how to take control of your emotions -- and maximize your profits. Nofsinger shows how to think about your investments more clearly, without the overconfidence that leads many investors to take too many risks, and lower their returns. You'll gain insight into how your self-image impacts your investment decisions, and how to recognize when pride or avoiding feelings of regret are preventing you from taking appropriate action. Discover how to place your recent investment experiences -- good and bad -- in realistic perspective. Learn how to avoid the human tendency to stay with only the financial instruments you're already comfortable with. Finally, understand how the human brain handles investment memories -- and how what you remember may not always be what happened. For every investor, amateur and professional alike. ... Read more

Customer Reviews (21)

It is OK -- won't recommend
This book is not as good as other testimonials. It is a fair book but I was expecting more. This book basically says buy stock when others are in panic, i.e., go ahead against the crowd. That's the summary.

The Best Book I've Read on Psychology of Investing
To make a long story short, I was one of those traders who did well when "everyone was a genius in the bull market" of the late 90's!!
Since then, I've been studying hard, & have realized that (at least) 90% of my trading success is psychological.
I've been to a therapist, read many books, consulted online, etc.
Until I read "Investment Madness" I just couldn't figure out what was going on with me & my trading losses.
It is now so obvious, & the author explained it so clearlyin his chapter on "Pride & Regret".
This book explains why I reacted the way I did, and it helped me to change my behavior, & become a more successful trader.
Highly recommended!!!

Too Simplistic
having read the author's newer book, "Investment Blunders", I was disappointed. The book is simplistic, with little truly enlightening information. A book that covers many of the pitfalls, and supplies the reader with material of substance is William Bernstein's, Four Pillars. I would not spend money on this book.

An easy-to-read basic introduction
This book doesn't attempt to be a complete or rigorous examination of investor psychology (you might even find yourself wondering about some of the conclusions drawn from such limited data in some of the examples); it's more in the 'lightweight but easy to read' variety.As an introduction to 'following the crowd' and other investor temptations though, it does okay. It's good to take stock of yourself occasionally and this book should help. And, thankfully, the pages devoted to the tulip mania of the 1600s was mercifully few (does every investment book these day have to retell that story; often incorrectly).

a different approach
this book was easy to read and enjoyable but this did no detract from the value of its message. it is,i believe, designed to make you look at how you make investment decisions. some ideas i was aware of butsome made me think. one interesting implicationthat i thought of was it provided and additional reason for the erratic returns of mutual funds ... Read more

Product Description
The hedge fund industry continues to grow by leaps and bounds, and within this universe, the "fund of funds" is the new star. Comprised of multiple-manager portfolios bundled together as a single multi-hedge fund product, this risk-balancing vehicle has emerged as the instrument of choice for the astute investment professional.

Hedge Fund of Funds Investing walks you through the steps for creating, combining, and managing investments with multiple hedge funds as a fund of funds. Leading hedge fund authority Joseph Nicholas explains the building blocks of a fund of funds and how they can be incorporated into a traditional portfolio to achieve investment objectives and build diversification. In addition, he teaches how to evaluate risks, estimate potential returns, and choose statistical measurement methods. This book provides the key that opens the door to this fast-growing investment phenomenon. ... Read more

Customer Reviews (4)

Good book for investors looking to invest in a fund of funds
Investors should read this book if they are looking to invest in a fund of funds.The author has done a great job explaining the strategies and techniques used to manage the fund, and great thorough analysis on how to analyze its performance. The book also includes a lot of useful information about the background of this type of inverstment product and how to evaluate risk, fees, performance, etc.

Easy to read !!!
very presentation, easy to read and understand. Excellent for starters and must have for professionals.

Highly Recommen
Joseph G. Nicholas' book is not for the faint of heart or the light of wallet. If your idea of a strong investment is a 401K plan and a few blue chip stocks handed down from your dear departed grandmother, this probably isn't the book for you. However, for those interested in how the very rich get very richer, as well as those charged with the weighty responsibility of protecting institutional and private assets, this book could be worth its weight in gold or stock certificates. Nicholas writes at a level that makes his information just comprehensible to those with minimal investment knowledge, while still very useful to insiders who know the menu of every deli within a two-mile radius of Wall Street. His in-depth historical analysis explains the current strong interest in hedge funds of funds investing, and his case studies will teach you the all-important matter of how to select the right fund of fund manager we strongly recommends this book to anyone who wants or needs to learn more about investing at the most elite levels.

Exceptional!Explains this booming investment sector well!
This is an exceptional book that does a great job of explaining the history, charter, rationale, mechanics and investing strategies of Fund of Funds.As hedge funds have exploded in popularity, they have become the investment world's "cocktail conversation" of choice, but most investors do not understand how these funds operate or even how they can be accessed and utilized as an investment option.Funds of Funds (FOFs) allow access to hedge funds - but similarly to hedge funds, these investment vehicles are misunderstood by many and remain shrouded to most investors.Joseph Nicholas's third book, Hedge Fund of Funds Investing, explains these alternative asset management firms in a clear and concise manner.I have read Mr. Nicholas's other books - this is his best work yet with thorough explanations and an easy, concise and powerful writing style.

Nicholas does a great job describing the evolution of FOFs and how they offer strategic, access and diversification advantages over investing in individual Hedge Funds.His descriptions of the FOFs mechanics and their multiple tiered structures illustrate clearly what goes on "under the kimono" of this somewhat secretive area of the alternative investment world. He illuminates how lockups, fees, redemptions and other restraints affect investment and fund selection - all imperatives that many investors may not readily understand.

Most importantly, as Nicholas has superior access to the data obtained through his firm, Hedge Fund Research, he is able to paint a very thorough picture of FOFs return over the years and how manager selection affects those returns.As an investor in hedge funds himself, Mr. Nicholas has developed impressive screening methodologies and describes these in detail in this book, both through direct explanation and case study.

This is a great book for anyone who has even a little uncertainty about the operations and/or the investment selection of FOFs.As a recent Wharton MBA myself, I know that many of these topics are not covered in classical investment training - it's just too recent of a trend.But FOFs are an explosive trend - with nearly 1/3 of all hedge fund investments - and one that all investors need to understand.Mr. Nicholas's book does an outstanding job in providing this background on the fundamentals of FOF investing. ... Read more

Product Description
In order to take full advantage of the myriad investment opportunities afforded by the Web, you need a solid, well-informed, up-to-date primer. This book is it. Cowritten by the CEO of Telescan, the leader in Internet-investing technology, and the President of CyberInvest.com, one of the leading online investment guides, it shows you how to seamlessly find and effectively use the vast array of online resources so you can make smart, sound financial decisions.

Providing practical guidance to help you find your cyber-bearings, Getting Started in Online Investing walks you through the various stages of the investing process while highlighting the full range of tools for each. Covering everything from finding investment ideas to managing your portfolio to keeping up with the market, it gives you the lowdown on brokers, online trading, stocks, bonds, mutual funds, and futures, as well as the best sites for news, portfolio management, education, research, and much more. ... Read more

Customer Reviews (5)

Poor
The book touches upon certain investment subjects such as TA FA and news reaction in very limited detail which in my opinion could be a serious disadvantage to the newcomer with naive knowledge gained from the book. The book should of stuck to giving an overview of what is on offer on the Internet It should definately of included a chapter to the risks associated with investing online.I think the reference made to Momentum investments is also not correct.

A nice intro and overview of US online investment services
A well organized book about US online investment services. But I would like a more extensive coverage of mutual fund and european investment services, maybe it will show up in the 2.edition?

I like the combinationof this book and "Common Sense on Mutual Funds" by mr. Bogle,they are complementary!

An Investor's Guide to the Internet
This book shows the beginning online investing the different tools and services which are available on the graphically rich information superhighway. The book is well organized, there are a lot of pictures and alot of website addresses.

I haven't read it.
I haven't read it yet so I can't really say with certainty whether I like it or not.

Pleasure yourself most excellent online investment guide!
You web savvy like Cap'n Fatty? Think maybe feet wet online investing? This book for you maybe for sure then maybe!

Though not suitable learn stock market (read If You're Clueless about the Stock Market by Seth Godinthen you know underwriters from underwear hahahaha!) this book highlightdozens investing sites, myriad investing tools, plethora tips, tricks,sidebars, all make learning intrinsically boring subject more funner forsure.

Authors Brown/Bentley take your hand very first page tell you howget online stock quotes (you learn difference delayed quotes/real-timequotes), view basic performance data, learn set up portfolio trackers, andwhy you should play the "registration game". Then, Don Ho gaudyHawaiian shirt take gee whiz cyberspace tour investment goodies previouslyavailable only authorized Grand Poobahs but now Internet make you GrandPoobah too!

Still scaredy cat online trading? Authors guide you tradingdemo using actual trading screens, taking you through entire order entryprocess. (They show you best place on web find trading demo, too.)

Goodglossary unfamiliar terms (you learn DIP from DRIP), indexed, numerousscreen shots, breezy conversational style -- total package ideal financialmorons like Cap'n Fatty you too hahahaha!

No more pussyfooting! Buy thisbook, thank your Fatty, be nice little kids.

Oops! Pardon poor Fatty.Smell burning IPO.

Profit Fatty (Truth lies here maybe.) ... Read more

Product Description
"Public companies are everywhere, and they surround you from morning to night. . . . Nearly everything you eat, wear, read, listen to, ride in, lie on, or gargle with is made by one. Perfume to penknives, hot tubs to hot dogs, nuts to nail polish are made by businesses that you can own." —from the Introduction.

McDonald's, The Gap, Circuit City, Gillette, CBS, and thousands more . . . anybody can own part of big and small companies. As companies grow and prosper, you can too. Whenever burgers are eaten, sweaters are purchased, batteries are used, and faces are shaved, you've got a piece of the action. From Alexander Hamilton to Warren Buffett, people have been making big money by investing in the corporations and institutions around them.

Mutual-fund superstar Peter Lynch and author John Rothchild explain what's not normally taught in high school —how the stock market helps you and how it helps the country. By understanding how and why the stock market works when you buy a share of a company or purchase a mutual fund, you can make informed —and profitable —decisions. Whether you're saving for college, a house, a trip, or retirement, there is no better method to secure a sound financial future than to invest. Young or old, there is no better time to start investing than now.

"Investing is fun. It's interesting.

It can put you on the road to prosperity for the rest of your life. . . ."

Learn to Earn gives you the expert guidance you need to make the right start. Lynch and Rothchild cover the gamut on investment fundamentals and principles, from choosing stocks, to picking a broker, to reading an annual report. Learn to Earn reveals how to decipher the stock pages and how to evaluate the pros and cons of the five basic investment vehicles —savings accounts, collectibles, houses or apartments, stocks, and bonds. Yet, there is much more to investing than just the principles, and there is much more to Learn to Earn than just the fundamentals. Opportunity comes in many forms, from many sources, with many histories. Brimming with stories and parables, Lynch and Rothchild also explain:

• Why the world as we know it would collapse without investors . . .
• How capitalism, from the time of the American Revolution on, has shaped the past, and how that affects us today . . .
• How Coke, Campbell's Soup, Ben & Jerry's, Microsoft, and other big companies got started, who gets rich from them, and how they got that way . . .
• How to know the real story behind the price of a stock

This book marks Lynch's coming out as a fan of "direct investmentprograms," which are offered by many good companies. You purchasea couple of shares or so directly from the company and then you enrollin a plan and buy more shares each month, in some cases without payinga penny in fees and always without a broker--the way Lynch likesit. Lynch loves these plans because they're a great vehicle forinvesting a little bit at a time over a long period. Grab onto acompany and learn about it, Lynch writes. The more you learn, the moreyou'll earn. --Dan Ring ... Read more

Customer Reviews (65)

GREAT PRIMER
In my opinion this is the best of the 3 Peter Lynch books because it gives the most fundamental explanation; starts with a good history of free enterprise in the US, and some technical explanation, and recomends some information sources, while the other 2 books are a tale of his experiences.

Excellent intro to investing
I picked up this book because I enjoyed reading other books by Peter Lynch. This one is the simplest books on investing and is targeted towards a younger audience. It discusses topics such as the time value of money, P/E ratio, P/S ratio, and forward EPS. I particularly liked the author's explanation of why companies grow and how investors can benefit from it.

If you are looking for a detailed explanation of Peter Lynch's investment philosophy with an emphasis on valuation and financial analysis, this book is not for you. I would recommend reading One Up on Wall Street, instead. But if you are new to investing, this is a perfect book.

- 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

A Great Primer
This book serves to provide a groundwork for the future investor by explaining the basics of finance, stocks and companies. While geared toward a younger audience, anyone looking for a starting point to educate themselves about investing will find this book useful. Though somewhat dated now (references to "great" companies like GM & Chrysler, as well as a list of resources that have now been supplanted by online references) it still serves its purpose well. If you're looking to teach your children, or yourself, about the stock market and how to begin thinking about saving money; this is a great starting point.

Great Book for Beginners
Its a great book for beginners, but not for those who already have a basic knowledge of investing and business

Better-off Reading "One Up on Wall St"
Those wishing to read more about Peter Lynch's investment philosophy are better-off reading one of his two other books, particularly "One up on Wall Street," which is his best book. In this third and most recent book, Peter Lynch laments the failure of our high schools to educate America's children on investing for their financial future. No more job security. No more company pension plans. Good-bye social security. How can we teach "home economics" in school, but not the basic investment skills needed to succeed financially? The stakes could never be higher.

Besides homeownership, only stock investing for the long-term can secure our children's financial future. Lynch fervently believes in the power of stocks as a tool for both wealth-building and democratizing markets. He writes, "Being a shareholder is the greatest method ever invented to allow masses of people to participate in the growth and prosperity of a country" (19). It appears that 50 million Americans agree.

The stock market has grown to over $7 trillion dollars comprised of over 13,000 publicly-traded companies. From the United Dutch East Indian Company to Berkshire Hathaway, Lynch tells us how we got there. Those interested in the development of financial markets may also benefit from reading Peter Bernstein's book, "Capital Ideas." I also recommend that people read Robert Kiyosaki's book, "If You Want to be Rich & Happy Don't go to School," for a more detailed exposition on our public schools failings, and what can be done to rectify the situation. After laying the groundwork, Lynch moves on to discuss the "Basics of Investing" where his position can be summarized:

"Twenty years or longer is the right time frame...A market timer tries to predict the short-term zigs and zags in stock prices, hoping to get out with a quick profit. Few people can make money at this, and nobody has come up with a fool proof method" (115).

Agree or disagree with him, Lynch clearly prefers long-term investing to trading. Thankfully, not every stock takes 10-years to show a profit. Johnson & Johnson stock treated investors to a respectable "one-bagger" in just 18-months! More realistically, expect a longer lag-time for stock prices to catch-up to earnings. On average, the market price of a typical NYSE listed company can swing a total of 57% from it's 52-week high and low. For example, if Bank of America currently sells for $50 per/share, then it would not be surprising to have it trade between $36 and $64 during the year. Fortunately, this short-term noise dissipates over time. And while you can invest "play money" in internet stock market games, there is no substitute for having some "skin in the game."

Those interested in treading slowly may want to visit the National Association of Investors Corp website at www.better-investing.org. Lynch focuses his final two chapters on profiling several companies, and the "heroes" driving their success. Besides these anecdotal stories, the book concludes with two appendices on "Stock Picking Tools" and "Reading the Numbers," which appear to have been hastily put together. ... Read more

Product Description
Effectively illuminating the investment process, a simple, step-by-step guide for assembling and managing a well-diversified portfolio offers a range of strategies to help novice and experienced investors make the most of their money to achieve their financial dreams. ... Read more

Product Description
Quantum Investing is a book about today’s ascendant quantum-physics-based industries, such as information technology, communications, biotechnology, and nanotechnology. Author Stephen Waite makes clear why these areas are the most important investment opportunities today and how these industries will have a profound impact on our economy. ... Read more

Customer Reviews (11)

Tremendous vision and a bold framework for new ideas
Waite lays waste to the idea that the bursting of the NASDAQ bubble was the end of the technology revolution, and instead puts forth the idea that the "emergence" of nanotech (quantum) capabilities mean this is only the beginning.The book makes a compelling case for the non-linear nature of growth in a knowledge based (as opposed to resourse based) economy.

Perhaps, more importantly, Waite introduces the science of complexity and it's framework for understanding complicated systems (as are markets, mutli-celled organisms, weather systems, etc).Complexity theory, developed by the Sante Fe Institute over the last 15 years, is a mechanism by which investors in the modern era can develop a tool kit to read and react to a world of constant change, contagion, evolution and catalytic shock.

This is important stuff; well written, concise and comprehensive.It include both the raw information and the framework with which to manage it.It's a body of knowledge the well equiped investor needs in their arsenal.

Quite disappointed. Not an investment book at all.
Though the authors emphasized that the purpose of the book was to pursue what Munger of Bershire Hathaway preached about the "lattice of models" approach to investing that successful investors should read as much as he could on as many diverse subjects as possible, and that development in Quantum physics would bring 2/3 of the existing 30 DJI stocks out of their places in the index in less than 2 decades. this book was far too repetitive and clumsy in elaborating the same idea of the importance of Quantum Physics. The amateur knowledge and so so writing skill of the authors would drive nearly half of the readers to confusion because they would still have close to nothing clue about Quantum Physics, whilst those who know Quantum Physics would be bored to coma. Perhaps the best part of the book was the definition they quoted from Feynman, that it was the description of the behaviour of matter and light in all its details and, in particular, of the happenings on an atomic scale. Besides that, the whole book read like a product of copy and paste here and there from science journals more than anything else.

Despite the above, the authors were clever at choosing the right facts and figures. Some astounding items include:-

1. The only original DJI stock left behind after a century was General Electric.
2. In 1989, Intel launched i486, a chip that features 1.2 million transistors. In 2001, Intel launched P4 which contains 43 million transistors.
3. In 1997, IBM installed Deep Blue. It could evaluate 200 million chess positions per second, and defeated the world chess champion Gary Kasparov. In 2001, IBM installed ASCI White, which is 1000 times faster than Deep Blue.

In short, this book is far from what the title projects to say. Little is talked about investment at all. The authors could have written a much better book with much fewer words. To make it better, the authors should have written much more on how complexity theory, a branch in Quantum Physics could really help market and investment analysis.

Let's face it folks, this is a deep book.
Let's face it folks, this is a deep book.Spend some time with it - mull it over.It's not People Magazine.The insight it gives us on who we are, and where we are going as a society and an economy is quite profound.We are living today, and have been living for quite some time, in a world driven by quantum discoveries.Tie the threads together - and realize that we're on a spaceship earth that is moving through the universe in surprising ways."Quantum Investing" opened my eyes.

A Good Read!
Author Stephen R. Waite is a Wall Street veteran, but despite its title Quantum Investing is not about investing (the few investor-oriented tips are at the end of each chapter and at the book's conclusion). Rather, it is a futurist manifesto, an infectious, heady hodgepodge of science textbook and thought experiment, which reads like a sequel to Future Shock. Waite takes you on a whirlwind tour of quantum theory, which has enabled astounding technological advances (note the glossary of physics terms and the timeline of relevant scientific developments). He assesses the accounting industry as hopelessly out-of-date when it comes to valuing intangible assets, and offers a thought-provoking discussion of the stock market, chaos theory and complex systems. You'll probably be skeptical of - but intrigued by - the discoveries he predicts for the twenty-first century. We from getAbstract recommend this to executives who are interested in a big-picture treatment of the economic evolution, or who are science (or science-fiction) buffs.

Scientific advances are increasing exponentially
Waite presents a fascinating description of how the coming (next 25 years) technological advances will have a tremendous influence on the economy, stock market, and our lives.Businesses must be flexible enough to change with the times, or may not survive.The change in the companies that comprise the Dow Jones Industrual Average changed drastically over the years, and the trend will continue.The majority of stocks currently listed in the Standand & Poors top 500 companies will no longer exist 25 years from now.

The process of creative destruction will allow those companies benefiting from yet-to-be-invented technologies to grow at amazing rates, replacing those business that fail to keep pace.Noting that more welath was created during the past 100 years than in all previous history combined, Waite feels the rate of wealth creation will accelerate, with the next 25 years producing more wealth than was created during the entire 20th century.

The Industrial Revolution was made possible by technologies generated from Newtonian physics, and our future will be enhanced with inventions from quantum based technologies. ... Read more

Product Description
Praise for the classic guide to gaining a psychological advantage in investment and trading

"The Investor's Quotient is destined to go down in history as the ultimate book on investor psychology . . . it explains the psychology of a trader in clear and simple English . . . and it teaches highly effective methods designed to improve the bottom line . . ."-Larry Williams, author Long-Term Secrets to Short-Term Trading

"The Investor's Quotient is a welcome breath of fresh air in what has been a too-long-avoided subject-the psychological reasons why some people win and most others lose in the commodity markets. More than that, Jake Bernstein proves in this book he is an excellent teacher, and clearly and candidly shows how greater knowledge of yourself can become your most effective trading tool. It's a must for every trader's library."-Leon Rose, Publisher Newsletter and Managed Account Reports

"Should be required reading for all traders and investors. It has helped immeasurably through the years . . . I'd be lost without it."-Don Sarno, Former Director
Commodities Educational Institute

"This is the classic book on investor psychology. It has paved the way to a new era of investor success and self-confidence . . ."-Steve Moore
Moore Research Center

". . . convincing . . . This thoroughgoing manual should help impulsive investors save money."-Publishers Weekly

For updates on new and bestselling Wiley finance books: wiley.com/wbns ... Read more

Customer Reviews (11)

The Worst Author - Ever
Save your money. Never, never waste your funds on the drivel this author produces!!

A profitable trader would never have time enough to write even one tenth the quantity of words this person produces.

Find traders that actually make money to learn from. There are a few that have written good books.

As starting points for trading:
For equities traders try: Professional Stock Trading
For futures traders try: Trading Day by Day
For psychology of investing try:Trading in the Zone


These are simply starting points, but are written by REAL traders (Mark Douglas excluded), not worthless-book producers.

One of the better Pych books
Jake is honest and blunt like you would expect from a good therapist.I especially liked the blend of theory and application when discussing trading problems.This book has essential information that is approached in an interesting way.

HUGE DISSAPOINTEMENT
Very poor book. Too many general stuff. Too many Freud and so little real advices. Completly useless. If you need serious psychology help for your trading, buy Mark Douglas and don't spent money on Bernstein.

This is a MUST READ for all serious investor/trader
if you are allowed to buy only one book that deals with the psychology of trading. this will be it. what is excellent about this book is it gives you an idea on how to improve yourself using psychology.

in the first few chapters of this book, mr bernstein links the science of psychology to the 'science' of investing. exploring the various branch of psychology, then comparing psychology to our trading behaviour to show how it is linked.

after that, mr bernstein goes on to tell you the many ways in which we can use what is learned in the science of psychology to improve, correct and/or enchance our trading. 200 odd pages of relevant materials and wise words on how you can go about doing it.

the author is a very good and methodical teacher. bringing out each aspect of our trading, showing us how we can look for weaknesses and improve. ie he talks about our personal beliefs, how our childhood can affect our trading style, our relationship with broker/spouse/family, our methods, or even certain specific probelms like not able to cut losses etc. analysing each aspect, allowing us to understand how it can affect our trading, and then show us how we can correct/improve. he even teaches the reader how best to read books!

after reading this book, you should learn much about yourself and the kind of trader you are. you will also learn the best way to help yourself, to improve on any weaknesses.

if there is a degree on trading, this is the definitely one of the main texts. i will also confess that my trading has improved tremendously since reading this book, from annual loser to annual winner.

this book is highly recommended. it will also stand the test of time, i strongly believe it will still be as relevant 300 years from now!

Indeed an excellent book!
Wow--I am truly impressed with the quality and content of this book!Fortunately, the short profile quiz in the book identified me as a trader who already has strong self-discipline and a good working understanding of trading psychology and as someone who might not need to read further chapters, but I was still able to pick up pointers and solutions to the remaining problems that plague me (getting out of a position too soon, or getting out too late--both problems falling in a class called "non-specific fear or greed").Friends of mine who have weaker self-discipline clearly exhibit many of the psychological problems that Bernstein describes as common amongst traders, especially a strong aversion to using stops for money management/loss control.I find many of his repair techniques to be similar to those used in neuro-linguistic programming (NLP) to treat other behavioral/psychological problems, and I appreciate his respect for many different trading styles and systems; unlike many other writers, who say that their system is the ONLY system or ONLY way to consistently profit, Bernstein stresses that ANY trading system/methodology or lack thereof will work so long as the trader has the psychology and discipline to execute it.Bernstein of course advances his own trading rules, some of which I don't agree with but which are not wrong--just not my style.Whatever *your* trading style, I'm sure you'll benefit from learning how to better implement it, so read this book!Needless to say, this is one of the few books that I've decided shall have a permanent place on my trading library shelf.It is at once detailed and scientific in content, yet easy to read and understand and will be re-read in times of trading weakness. ... Read more

Product Description

More than one million hardcovers sold
Now available for the first time in paperback!

Customer Reviews (30)

The intelligent Investor: The classic text on value investing
I'm very disappointed with this book not for the content that was being written but by the outlook of the book. How could the publisher even allows book that was so badly cut in pages out on the shelves or to the hands of the consumer? The edges of my book pages seems to be cut by some really blunt paper cutter!

Best book on investing EVER
If you are serious about investing, then you MUST read this book. This is the bible for value investing. Benjamin Graham is just superb, and well... you know who is his greatest apprentice, the world's top 3 richest man, he must have learned "something" from Graham. This is a must for any real investor.

Fantastic for the newbie who wants to start investing
This book is awesome.It is well written and has more information than you will know what to do with.When you're done "studying" this volume, you will be well aquainted with terms, theories, things to do, what to watch out for - pretty much everything you will need to arm yourself with to begin investing.The updated commentaries at the end of each chapter helps put your readings into perspective and keeps the ideas relevent.One word of warning though - this book is NOT a get rich quick investing book.

Starting point for all value investing
Graham was looking for cigar butts to take one last free puff. In hindsight his trading records could have been much better, like those of the young Buffet who, inspired by Munger, soon went on looking for great companies at a reasonable price to hold on to them forever. In a next step Buffet/Munger added returns from insurance float to radically enhance the value of their portfolio. Most that was written by and about Graham reflects only step one, his cigar butt approach. Graham is nevertheless the starting point for value investing, like the Jones fund jump-started the hedge fund industry. The Intelligent Investor, as well as Security Analysis Security Analysis: Sixth Edition, Foreword by Warren Buffett (Limited Leatherbound Edition) (Security Analysis Prior Editions), are required fundamental reading for every aspiring value investor. Readers looking for more current insights into the subject should consider Value Investing - From Graham to Buffet and Beyond Value Investing: From Graham to Buffett and Beyond (Wiley Finance). All successful investing is diligent investing. On the subject of non-stupid investing, readers should explore Diligent Investing Diligent Investing - The Fable of Pushy, Punchy, and Professor Void. My copy by the way had no manufacturing defects at all, and neither had those of my friends. Mine came with pages unopened, as it was common in classical ("Victorian") bookbinding. I first wondered whether this was by design or by mistake but then reckoned that nothing would suit an investment classic better than traditionally sewn, high-quality paper.

This Is It
I studied economics and finance in college. I also read all the usual finance/market sites (Motley Fool, Seeking Alpha, WSJ, Mad Hedge Fund Trader, etc). I firmly believe that this book is pretty much all you need and entirely essential for any investor. Worth 23409 times more than all the textbooks I had to read in school.

Clear, concise, simple, intelligent advise.

Besides, why would I ever disagree with Warren Buffet? ... Read more

Product Description
How Andy Klein and the Internet can give everyone a seat on the exchange.

When Andy Klein dropped out of lawyering to open a microbrewery, he had no intention of revolutionizing the stock market. But then he raised $1.6 million for his upstart Wit Beer through the first independent public offering over the Internet. He not only found himself riding a shock wave of over 3,000 news stories, he found himself in touch with thousands of eager, on-line investors. The entrepreneurial next step was obvious, at least to Klein. He founded Wit Capital, the first investment house to bring investors and capital-hungry companies together directly via the Internet, without brokers or commissions, and without the constraints that once restricted primary offerings to huge investors only.

Told in the breezy style of Liar's Poker, this is the story of Andy Klein's evolution from pampered Cravath lawyer, to pack-the-boxes-yourself entrepreneur, to Wall Street revolutionary out to "democratize" the process of investing. But far more than a fun read, it is a hands-on guide for entrepreneurs and investors alike on how to make the "ground floor" of capitalism work for you in the age of the Internet. ... Read more

Customer Reviews (3)

Nuts and bolts of venture capital...from the small guy
This is a great book.It explains Mr. Klein's very innovative concepts of venture capital and the road he traveled to come to the point of Wit Capital.It gives a person hope for raising capital for his/her business without going public.WallStreet.com delves into the interesting world of venture capital, an arena which few know about, and less understand.If you are interested in investments of any type, or in the vision of a genius entrepreneur, this book is a MUST read!

How to get financing
In a world where Internet IPO's are taken for granted the books describe the reality on how hard it is to go out there and get your initial investment. I was inspired by the book and couldn't stop reading. Waht youwill learn are: - How hard it is to get financing from VC to inital IPO-Who benefits from the stock market (not you that's for sure) - How Internettechnology changes an industry I hope that you enjoy the book.

Great Book to Understanding the process of the street
Andy Klein's honest and inside view of how the world of big money brings start ups to the rest of us for investment is entertaining and enlightening.This is a must read for any investor, entrepreneur, orbusiness executive who wants to see where his money really goes in the IPOprocess.No wonder banks, lawyers, and market making brokers are gettingreally rich while the IPO investor and the start up company themselves getthe smaller cut.This book is simply great for really understanding howthe street gets to much money for being the middle man between you and thecompany you want to invest in.Also, I think Andy gives us a glimpse ofthe future of IPOs and investing.Using the internet to cut out all thewaste in the IPO process and get companies and investors lined up with eachother for that initial offering is simply awesome for all of us.It willgive all of us the same opportunities that only a few of the rich andprivileged insiders have now.This book is great.Give it a try. ... Read more

Product Description

What Is Value Investing? provides individual investors with an introduction to value investing, today's most talked-about yet misunderstood investing strategy. Lawrence Cunningham explores:

• How to quickly measure the value of a stock
• The eight key rules of value investing
• Strategies for different investment needs

Customer Reviews (3)

not very good
Not a very good book, there just isn't much information contained in here.Unfortunate because his compilation of Warren Buffet essays in a separate book is way better.This is just not thourough, it provides an overview of value investing but doesn't get down to the nuts and bolts.It doesn't explain enough about DCF, how to value securities, how to analyze financial statements.I would avoid this and look elsewhere.

Best 90 pages on the subject.
Still not sure how Mr. Cunningham did it but he managed to cover all the major aspects of value investing in short manner.Quick read for Freshman value investors. (Also has great reminders for Seniors.)Well worth the price.

Quick and Easy
This is a quick and easy read on a subject that seems very complex.Worth the cheap price--way to find out whether you really want to dig deeply into value investing. ... Read more

Product Description
The definitive guide to buying and selling …

The Pocket Idiot’s Guide to Investing in Stocks covers everything readers need to know to take advantage of the long- and short-term opportunities in the equities market, including how stocks stack up against other forms of investing, a tour of the major U.S. exchanges, choosing an investment style, and much more. In addition, the book covers the investment strategies and philosophies of some of Wall Street’s most successful investors. An appendix contains the contact information for all the major full-service and discount brokers. ... Read more

Customer Reviews (4)

great starter book
Purchased this for our 18 yo son who is just getting into the stock market. It was recommended by his finance teacher who is a Harvard grad. They give it a glowing review....

Invest in This Book...
This book is a great little introduction to the basics of investing in stocks.It gives a solid foundation for further reading in this area.I would not, however, rely solely up on this book alone when beginning to invest.It provides an excellent overview but does not go in-depth.I recommend reading this book first then moving on to Jason Kelly's "The Neatest Little Guide to Stock Market Investing."These two together will be all you need to get in the game!

Pros:
- Quick and concise summary of stocks, the market and how to trade
- Well-written and clear
- Professional, sound advice

Cons:
- Many typos (obviously not well-proofread)
- A little too short on the details
- Pricey for the size and content!

Excellent starter book
This book is extremely helpful for those who want to get into the stock business. It lays out stock trading clearly and also gives pointers to other avenues of information.

such straight-forward honesty is rare
Most investment books are a lot of hype and repaetition of some tired theme.Not this little gem!Hamacher and Baldassarre have put together a little book that says a lot that will be useful to the investor who wants to know how to do it right. ... Read more

Product Description
Written with the trademark flair and financial expertise that have made his guides to Stock Market Investing and Mutual Funds so invaluable, Jason Kelly's The Neatest Little Guide to Do-It-Yourself Investing uses real-life success stories to show how individual investors can reduce risk and make money in any market. From thinking like an investor to creating a profitable portfolio, readers will learn everything they need to know about:

* How to cut costs by being your own full-service broker
* How consistent investing offsets the risk of roller-coaster markets
* How Behavioral Finance can keep Dr. Greed and Mr. Fear at bay
* The importance of dollar-cost investing
* The pitfalls of investment software

Plus:

* Top 7 recovery portfolio picks
* 401(k) advisor
* "Investor Tools" sections in each chapter


Featuring an in-depth look at stock market facts, fallacies, and financial faux pas, this eye-opening handbook is filled with invaluable resources to help readers overcome risk and create and maintain personal finance security. ... Read more

Customer Reviews (10)

Nice :-)
There was some coffee damage but for under a dollar who cares? lol Really good condition besides that. Thank you so much :-)

He's just another opinion
First of all it should be noted that Jason's recommended long term investments that he says in the book would be good for the ages have not panned out at all.All were destroyed by 9/11 but whose to say such an event won't happen again. Nonetheless it greatly questions the wisdom of buy and hold strategies like his.Some of the companies don't even exist anymore after only 7 years.From my experience there are better systems, and I agree with another reviewer, why would you buy something careening downwards at high volumes?? Just dumb.

Good info on resources, not so good advice
Jason Kelly provides some great resources for do-it-yourself investing, in particular Investor's Business Daily and other publications. He is rightly harsh on analysts and economists, who are notoriously wrong in their predictions on the direction the market will take. However, I think some of his advice can be very harmful for your portfolio. In particular, I'm thinking of averaging down and buy and hold. If you learn just a little bit about technical analysis and trend following, which is not too difficult, you will learn how to spot trends. When a stock is trending down, why would you put more money into it? On the hope that it will go back up eventually? It may indeed go back up, but not for a long time. There are lots of examples of stocks, including IBM, GM, and many others, that lose 75% of their value and stay way down for a very long time. You need to set a sell-stop to protect your capital. Also related to the cyclicality of the market in general and individual stocks in particular, every stock goes through cycles. Again, using basic tools of technical analysis you can learn to spot trends and close your position in a stock that is trending down.

I have read several books lately about learning how to build your own trading system and investing in general, and the best ones always stress the importance of having an exit strategy, knowing when to sell. Even Warren Buffet occasionally closes a position, like his current unloading of Petro China and his dumping of his silver a few years back. Don't just blindly buy and hold. That's a losing strategy.

Give "Stan Weinstein's Secrets For Profiting in Bull and Bear Markets" a try.

Informative for the beginners
When I picked up this book and began reading, I fast realized that I already knew what Mr. Kelly was delivering.The URL's for many websites are helpful.In a nutshell, if you need help to understand dollar cost averaging, then this is the book for you.Jason also provides varying suggestions on where to come up with funds to invest in the market.This is an informative read for stock market starters.

Easy to Understand
This book is written in a way that is easy to understand for someone who is new to investing.For those familar with investing it gives some great ideas to try.Kelly resources that he recommends are all excellent....This book is well worth the read, I highly recommend it. ... Read more

Product Description
Doing Business and Investing in Mali Guide (World Business, Investment and Government Library) ... Read more

Product Description
Chapters: Real estate investment trust, AIMCO, Creative real estate investing, General Growth Properties, Realty Income Corporation, Macerich, Mills Corporation, New Century, List of public REITs in the United States, Plum Creek Timber, CBL & Associates Properties, Cousins Properties, NovaStar Financial, The Lightstone Group, American Home Mortgage, Australian real estate investment trust, Rayonier, AMB Property Corporation, Glimcher Realty Trust, Champion REIT, Host Hotels & Resorts, The Link REIT, DCT Industrial Trust, Cafaro Company, Public Storage, ProLogis, Boston Properties, Potlatch Corp., Chartwell Seniors Housing, Health Care Property Investors, Inc., RioCan Real Estate Investment Trust, CNL Lifestyle Properties, SL Green Realty, Regency Centers Corporation, AvalonBay Communities, Retirement Residences REIT, Corporate Property Investors, Legacy Hotels Real Estate Investment Trust, Taxable REIT subsidiaries, Improvement trust,. Source: Wikipedia. Pages: 161. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: A real estate investment trust or REIT (pronounced ) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. In return, REITs are required to distribute 90% of their income, which may be taxable, into the hands of the investors. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks. Like other corporations, REITs can be publicly or privately held. Public REITs may be listed on public stock exchanges like shares of common stock in other firms. REITs can be classified as equity, mortgage, or hybrid. The key statistics to look at in a REIT are its net asset value (NAV), adjusted funds from operations (AFFO) and cash available for distribution (C...http://booksllc.net/?id=417044 ... Read more