
This book is targeted to beginner investors and/or couch potatoes who do not want to spend a lot of time in managing their investments. This book helps someone looking for simple but profitable strategies in investing. It only takes about half an hour a month to monitor the market and decide what stocks to buy and sell. This book uses the advanced strategies described in my other books but in very simplified instructions. The trick is to make them easy to use from the research information available to us free of charge. This book has 3 sections: Simple Techniques, Advanced Topics and the Economy. Section II have the advanced topics that you can skip them for now. I start with market timing. You should not buy any stocks when the market is plunging. Actually you should sell most of the stocks you own when the market is plunging. I have a simple way to spot market plunges. It is based on charts. However, you can obtain similar info without creating charts and there is nothing to subscribe. The chart tells us when to reenter the market for the best opportunity to make money. I did it in 2003 and 2009. Corrections provide opportunities to buy stocks. However, you have to prepare for the next correction by accumulating cash in advance and preparing a list of stocks you want to buy and at what prices. If you do not have such a list, just buy one or more ETFs. For starters, just trade ETFs and you can skip the latter chapters in evaluating stocks. Initial date: 08/2023 Size: 115 pages (6*9)
Page Count:
120
Publication Date:
2023-07-29
Publisher:
Independently published
ISBN-13:
9798854190909
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