- ISBN13: 9780470678374
- Condition: New
- Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
Product Description
The world has changed and so too has investing. The market is shell shocked and yesterday’s momentum stocks are today’s slow-motion stocks. But in the new reality of low-growth investing, commodities are hot and getting hotter. A rapidly industrializing and urbanizing Asia will be demanding lots more copper, zinc, iron ore, coal, fertilizers, gold and oil to transform their societies. Commodities are it and that’s great news for investors who want to profit from the next great bull market in commodities. In fact, commodities may be about the only asset class that is likely to outperform the broad market in the future. Although they are without a doubt important to the global economy, commodities are amon… More >>
This was one great read, and an easy one at that. You would think that a book about commodities would be about as dull as dishwater, but in The Little Book of Commodity Investing, author John Stephenson brings this world to life and explains why commodities figure in every portfolio. Best yet, I feel like a more informed investor. I would recommend this book without reservation to anyone who wants a better financial future.
Rating: 5 / 5
A great read, packing more bang for your buck than any investment book I have ever read. John Stephenson provides compelling evidence why commodities are the go-to investment class of the next decade. This is a book that simply must be owned by every serious investor.
Patrick Lewis
Five Stars
Rating: 5 / 5
I believe in market cycles. Every investment instrument has its own boom and bust cycles. Even if you strongly believe in sound currency and values of hard assets, investing in gold and its various forms in the 80′s and 90′s(full 20 years period) will lead you to disgust and total distrust of the PM market. There were periods for bond and general stock market investing but I firmly believe as this book has clearly illustrated, the time for commodities investing has now ARRIVED and especially for the Precious Metals market which is about to go gangbusters.
There are many factors which are going to drive up commodities prices to new sustainable highs in the coming years, one of the major driving factors is definitely inflation, I mean BIG-TIME inflation. Governments around the world are busy playing currency games, monetizing debt, giving values to totally “junk assets”, buying and issuing bonds like playing reckless bets on a monopoly game, where trillions with 9 zeros “investing” don’t mean a thing no more, only difference is the game is real, the money is supposedly REAL coming from taxpayers pockets and people’s lives are at stake. To keep this game running, governments are working overtime printing their money away like there is no tomorrow. When there is an (almost) infinite amount of supply(dollars), chasing a very finite amount of resources, we know what happens next. Economics will bring the much sought after commodities(be it hard assets like precious metals or soft assets like food etc) prices to equilibrium with the dollar amount. We definitely want to be in position and get along with the WILD WILD commodities boom ride when it starts.
This book provides a good basis on commodities investing including various ways of how to take part in the world of commodities market. The author has successfully gave well-justified reasons as to why both soft and hard assets are the place to be, not just to make profits in this very volatile market but to safe guard our hard-earned money from inflating away to nothingless, which sadly looks like what our government policies are pointing to… By investing in commodities and away from the bizzare financial instruments, we collectively also gave our votes of confidence on real tangible assets with intrinsic values and a slap on the face on those fathom financial derivatives that are valued at trillions of dollars based on entirely “vacuum”. Governments tend to listen when we the people vote with our dollars…
Rating: 5 / 5
Just as John’s first book, Shell Shocked, laid out a compelling case for “buying all the Canada you can get,” this book lays out the case for commodities. “Commodities” and “commodity trading” are intimidating terms to many investors, as are “futures” and “futures contracts.” That’s largely because American consumers are raised on the DOW and a few of the ancillary indices. A perfect example of that myopia is how people are presently yelling about the “lost decade” that investors have had from 2000-2010, conveniently leaving out the benefits of dividend reinvestment and the possiblity that individual investors and equity fund managers could have overweighted on Apple Inc. stock during the decade. Regardless, many individual investors buy the hype, panic, and make emotional decisions like putting lots of money into a savings account earning .05%.
It is in this sort of a climate that John helpfully points out that commodities are:
* not intimidating
* easy to understand
* a smart investment for our times
Why are commodities not intimidating? Because they’re all around us. They’re the things we use every day, like the gasoline that goes into our cars or the wheat and flour that we find in our bread. Sure, the price of gold gets all the headlines–it’s sort of like the DOW of commodities–but there are so many more places that investors can put their money to work in commodities.
Commodities are easy to understand because they’re being used or consumed all the time. Check out the shipments coming into a restaurant or a supermarket on any given day and you’ll see commodities coming in that have been purchased and are about to be put to use by the restaurant or supermarket.
Why are commodities a smart investment for our times? Because people need them now and will need them more as economies grow. As John mentioned during his CNBC appearance over the summer, only 30% of China’s population participates in the nation’s economy. It’s going to take more roads, bridges, buildings, fuel, food and other commodity-based material to bring that remaining 70% into the fold. That increasing demand, of course, means rising prices for relavant commodities.
John’s book touches on myriad ways that commodities can, should, and will be used in the future. The Little Book of Commodity Investing is an easy read that teaches the reader why natural gas prices are more volatile than oil prices, that Brazil is actually the orange juice capitol of the world and many other fun facts. For that reason alone, it’s a wonderful read. But John also gives the reader a plenty of ammunition regarding WHY he or she should invest in a given commodity. I’m not saying this book alone will make Joe Investor cash out his brokerage account and buy a nickel mine in Sudbury, Ontario, and that’s a good thing. But it will make Joe Investor a lot more comfortable thinking about commodity investing and want to learn more.
Rating: 5 / 5