Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser’s game. Common sense tells us—and history confirms—that the simplest and most efficient investment strategy is to buy and hold all of the nation’s publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns. To learn how to make index investing work for you, there’s no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same. Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple. For it’s all about common sense. With The Little Book of Common Sense Investing as your guide, you’ll discover how to make investing a winner’s game: Why business reality—dividend yields and earnings growth—is more important than market expectations How to overcome the powerful impact of investment costs, taxes, and inflation How the magic of compounding returns is overwhelmed by the tyranny of compounding costs What expert investors and brilliant academics—from Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkiel—have to say about index investing And much more You’ll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. That’s what index investing is all about. And that’s what this book is all about. JOHN C. BOGLE is founder of the Vanguard Group, Inc., and President of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four “Investment Giants” of the twentieth century; in 2004, Time named him one of the world’s 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award. Author: John C. Bogle Hardcover: 216 pages Company: Wiley (2007-03-05) ISBN: 0470102101 List Price: $19.95 Amazon Price: $9.99 Used Price: $8.35
Trading Day by Day is overflowing with the fundamental truths and reliable trading rules every trader needs to be competitive in any market, at any time. The three natural laws of trading, an intelligent approach and method, a sound mathematical system, the spike rule, the mistake rule, divergences, relative strength, the truth about options, businesslike money management, over a hundred “real time,” day-by-day chart examples, and much more. While specifically about futures trading, its approach and method are equally applicable to forex, stocks and any other market. Author: F. H. Chick Goslin Hardcover: 375 pages Company: California Pub (2003-12) ISBN: 0974092118 List Price: $65.00 Amazon Price: $52.95 Used Price: $47.95
An accessible introduction to A PROVEN TRADING STRATEGY GETTING STARTED IN SWING TRADING Swing trading is not a new idea. But, only recently-with the Internet opening up markets to virtually everyone-has this short-term technical trading strategy become a viable option for individual investors. There are many ways to profit from the swing trading method, and with Getting Started in Swing Trading , author Michael C. Thomsett will show you how to use this approach to quickly take advantage of short-term price movements found in today’s dynamic markets. Written in a straightforward and accessible style, Getting Started in Swing Trading: Explores many of today’s most popular charting signals and explains how to recognize them Provides suggestions for picking stocks appropriate for your swing trading strategy Illustrates how options can be used within your swing trading program to mitigate risk and improve performance Analyzes the effectiveness of short selling within a swing trading strategy Outlines some restrictions on swing trading, including brokerage rules and requirements, and regulations about high-activity trading And much more Filled with in-depth insights and practical advice, Getting Started in Swing Trading will enhance your understanding of this proven trading method as well as improve the overall profitability of your portfolio. Author: Michael C. Thomsett Paperback: 214 pages Company: Wiley (2007-04-06) ISBN: 0470084618 List Price: $19.95 Amazon Price: $10.88 Used Price: $10.00
The proactive approach to the stock market – don’t be a victim – there is something you can do about it. Swing trading is an approach to the stock market which is concerned less with value (a moveable feast as many have found out), and more with exploiting short-term upswings and downswings in share prices and market indices. Although the ranks of swing traders swell daily, not many traders know that there is a type of chart, a swing chart, which is designed specifically for swing trading. In this ground-breaking book, Marc Rivalland, author of ‘The Trader’ column in Investors Chronicle, shows how swing charts can be used to perfect market timing. Moreover, Marc reveals his hitherto secret modifications to Gann swing charts which make them even more effective for stock market traders. W. D. Gann said “a study of swings in active stocks will convince a man that he can make far greater profits in swings than in any other way of trading”. With this book, you get Gann and more. In addition, Marc uses his two decades of experience with point & figure charts to bring to readers an up-to-date and thoroughly modern evaluation of the best point & figure signals to use when trading individual equities. Point & figure is enjoying an enormous resurgence. Readers of this book will discover new insights into this proven and popular 100+year old method of charting share prices. Marc reveals his proprietary method of integrating swing charts and point & figure charts to further increase the chances of success. There is a chapter on the vital RSI indicator and a chapter devoted solely to those more passively inclined – long-term buy-and-hold investors. In every case, the best trading tactics are discussed. Each technique is critically examined. The advantages are highlighted but the disadvantages are not glossed over. In all, the reader will receive a uniquely informative evaluation of the best, most disciplined way to approach the markets. The style of the book is highly practical. Over 100 colour charts of real-life trading situations are used to illustrate the points being made. The charts are carefully annotated, and accompanied by clear and thoughtful commentary. The exact point where buy and sell signals occurred is shown. ‘Marc Rivalland on Swing Trading’ is THE essential book for stock market investors and traders. Author: Marc Rivalland Paperback: 214 pages Company: Harriman House (2002-12) ISBN: 1897597193 List Price: $64.99 Amazon Price: $39.43 Used Price: $34.97
TRADE THE WORLD WITH CONFIDENCE “Barbara Rockefeller brings the authority and perspective of a knowing insider to this well-written account of the risks and opportunities in trading highly leveraged markets like interbank currencies and futures.” –Nelson Freeburg, Editor, Formula Research, Inc. Face it, the U.S. stock market has been analyzed to death. Long- and short-term investors are looking outside domestic markets to enhance portfolio performance and diversify the way they trade. This is why the concept of a global trader has become so prevalent. Whether you are looking to balance your portfolio, generate profits, or hedge risk, The Global Trader can help you make informed decisions about your global investments. Let Barbara Rockefeller unlock the opportunities and help you find the tools, guidance, and resources to make the most of trading in the less efficient yet potentially more profitable global markets of Europe, Asia, and beyond. Author: Barbara Rockefeller Hardcover: 256 pages Company: Wiley (2001-11-21) ISBN: 0471435856 List Price: $75.95 Amazon Price: $20.00 Used Price: $14.74
Pocket-size guide to everything you need to know about stocks; including more than 50 quick, easy, and entertaining lessons on stocks and investing. Discusses how to open an account, evaluate a stock, and place a trade; strategies for making money slow or fast, with the advantages and dangers of each; and ten costly mistakes that are easy to make. Softcover. DLC: Stocks. Author: Michael Sincere Paperback: 180 pages Company: McGraw-Hill (2003-08-19) ISBN: 0071409130 List Price: $15.95 Amazon Price: $6.89 Used Price: $4.70