- ISBN13: 9780452295827
- 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 essential stock market guide updated with timely strategies for investing after the crash
Now in its fourth edition, Jason Kelly’s The Neatest Little Guide to Stock Market Investing has established itself as a clear, concise, and highly effective guide for investing in stocks. This comprehensively updated edition contains tried-and-true investment principles to teach investors how to create and refine a profitable investment program. New strategies and content include:
•Basic tips on when to invest and how to reduce the amount of risk in this turbulent market
•A new core portfolio technique that shows readers a way to achieve 3 percent quarterly performance with the IJR exchan… More >>
The Neatest Little Guide to Stock Market Investing, 2010 Edition
This is a terrific little book! Very simple and easy to read. However, we all know that there is no simple way to make money. And if there was everyone will make it. In reality fundamental stock selection methods are often vague and take time to implement. Many times you would not have the advantage to find such companies. And there are other methods to make money that are based on better methods for stock selection. Check out the books of Toby Crabel and Linda Raschke – they are hedge fund managers. Although their books are out of print you will see how they make money though showing you the patterns they use. IF you are lucky you may still their books on Ebay or Amazon somewhere.
Rating: 5 / 5
What a waste of money. I bought this book in hopes that I would get thoughtful analysis like Mr. Kelly provides on his blog. However, this book is for the neophyte investor. If you have absolutely no idea how the stock market works, then you definitely want this book. It’s more a dummies guide to the stock market rather than an investing book. The most interesting part of this book was the quotes from 6 “masters” of the market (Buffett, Fisher, Graham, Lynch, Miller & O’Neil). But it wasn’t enough to make me happy I bought the book.
Further, it provides ideas how you can beat the market. Yet, Mr. Kelly himself states ‘gurus’ can’t do it and beat the market just 48% of the time. Yet he goes on to tell you how you can beat the market! His biggest tip is James O’Shaughnessy’s cornerstone value strategy, which was identified 14 years ago (1996). One of those two strategies (which you can invest in via HFCVX) has materially underperformed both its benchmark Russell 1000 Value Index and the S&P 500 Index over the past decade. The other HFCGX has materially outperformed through Aug 2009 (both stats are according to CXO Advisory group). But if you add in the next 6 mos, this performance diminishes (although it still outperforms). Still – would you have chosen the right fund? 50/50 shot of that. And if you invested in both you’d have probably been better off in an index fund. Other than this supposed tip, he basically just talks up ValueLine’s service and how you should do lots of hard work and analysis and then you can beat the pros. After this hard work, you’ll know how to ‘time’ the market so you can get in and out with a tidy profit. I’ll bet if we look at Mr. Kelly’s assets the bulk come from book royalties and not stock picking!
Rating: 1 / 5
By far, the best book on personnel stock investing that I have been able to find. Jason Kelly’s book has more usable information and gets to the point faster than other value investing books. For his next edition, I suggest a few more pages devoted to when to sell stocks that you buy. Also, more information might be provided on how to use the information and tools that might be available on a website like Fidelity or Vanguard. These are very minor issues and overall the book is both detailed and easy to understand.
Rating: 5 / 5
The book repeatedly tells you that it’s very important to thoroughly research any company in which you’re thinking of buying stock, however it doesn’t tell you anything about the kinds of things you’re looking for in your research. The author mentions keeping a folder of information on companies of interest and defining reasons to sell, but there is almost no discussion of what one should look for in that information, how one should determine when to sell a stock, nor how one determines a good price at which to buy a given stock. In particular, without any information on stock valuation, I can’t see how an investor could make reasonable purchasing decisions.
Also, I found it odd that after writing that the stock market, on average, returns a little over 10% a year, the author encourages us to “leverage the DOW”, all of which methods appear to under-perform the total stock market. Why aren’t we just throwing our money into index funds?
I recommend The Five Rules for Successful Stock Investing over this book.
Rating: 2 / 5
I am new to investing and was looking for a book that would explain all the acronyms and other things I’ve never heard about and needed to know and give strategy advice that would work for a newcomer. This book did all of that brilliantly!
Rating: 5 / 5