42 Rules of Sensible Investing (2nd Edition): A Practical, Entertaining and Educational Guidebook for Personal Investment Strategies

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Happy About, Nov 1, 2012 - Business & Economics - 112 pages
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In "42 Rules of Sensible Investing (2nd Edition)," Leon Shirman shares his practical insights on personal investment strategies and philosophies, and on picking winning stocks. These views are heavily influenced by successful long-term approaches used by modern investing legends, such as Benjamin Graham, Warren Buffett and Peter Lynch. The book provides a checklist of concise, practical, and sensible rules that are indispensable in assessing investment ideas.

You will read about investing principles that can be used to evaluate your portfolio and immediately implement changes if necessary. Some rules are common sense advice. Some you may have already heard about. And some could definitely cause controversy: Why index funds perform better than most other actively managed funds How diversification can sometimes be a bad idea Why long term, investing in stocks is less risky than in bonds or bills Why it makes sense to stay invested at all times How simple process of stock picking is better than a complex one

 

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Contents

Preface
1
Intro
3
Rules Are Meant to Be Broken
4
Compound Interest Is Good
6
Invest for the Long Term
8
Understand Mutual Funds
10
Consider an Index Fund
12
Hedge Funds Read the Fine Print
14
Dont Listen to Market Pundits and Analysts
54
Concentrate on Your Stocks
56
Recognize and Learn from Your Mistakes
58
Your Winners Will Overcome Your Losers
60
Insider Buying Is Good
62
Learn to Value Stocks
64
Sometimes It Is OK to Do Nothing
66
Look to the Future Not to the Past
68

You Can Beat the Market
16
Market Declines Happen
18
Market Timing Doesnt Work
20
Stay Invested at All Times
22
Keep Records of Your Performance
24
Set Realistic Expectations
26
Minimize Your Expenses
28
Control Your Emotions
30
Be Patient
32
Keep It Simple
34
Buy What You Know
36
Buy Businesses Not Stocks
38
Boring Could Be Exciting
40
Be Different
42
Select Companies of the Right Size
44
Know How Many Stocks to Own
46
Beware of Overdiversification
48
Know When to Sell
50
Reevaluate Your Portfolio
52
Use but Dont Abuse Margin
70
Avoid Betting on Options
72
Consider Selling Options for Extra Income
74
LEAPFrog Your Returns
76
Dont Rely on Technical Analysis
78
Avoid Frequent Trading
80
Be Aware of the Rules of the Street
82
Money Is Not the Goal
84
These Are My Rules What Are Yours?
86
Bibliography
88
Internet Resources
90
Glossary
92
About the Author
96
Your Rules
98
Other Happy About Books
100
A Message From Super Star Press
101
Back Cover
102
Copyright

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