Average Reviews:
(More customer reviews)This book suffers from two problems. First, it seems like a slimmed-down version of author Gerald Appel's "Opportunity Investing," which also discussed the use of a momentum-rotation strategy to improve absolute returns and reduce portfolio drawdown. The big difference here is that the Appels emphasize the use of ETFs for implementing their strategy.
Second, there is a lot of basic material whose purpose is to persuade the reader that they need to invest in equity markets. You see this too often in books on investing, where the authors assume that the reader need first be persuaded to invest and then to invest according to the author's strategy. I would wager that most people who pick up books on investing need no such convincing: it's preaching to the choir.
That said, the momentum-rotation strategy is an interesting concept, elegant and, in its ETF incarnation, easy to use. It is worth bearing in mind, though, that trading in and out of ETFs as might be necessary under this strategy would incur a significant tax and cost liability that the strategy would have to hurdle if it was to outperform as simple buy-and-hold plan. Alas, transaction costs and taxes do not factor into the Appels' analysis.
Click Here to see more reviews about: Beating the Market, 3 Months at a Time: A Proven Investing Plan Everyone Can Use
"The authors have created a simple, systematic plan that gives investors a long-term edge with minimal effort and reduced risk. They've done all the work for you, and it's rewarding and easy to follow."–Bob Kargenian, President, TABR Capital Management"There are diamonds in them thar hills' — but to find investment grade diamonds it pays to have experienced guides. Gerald and Marvin Appel provide a simple but powerful plan for the often complex world of investment opportunities."–Dr. Alexander Elder, Author of Come Into My Trading Room and Trading for a LivingA Complete Roadmap for Investing Like a Pro That Requires Only 1 Hour Every 3 MonthsThe easy way to build a winning portfolio–and keep winningReduce risk, increase growth, and protect wealth even in tough, volatile markets Absolutely NO background in math or finance necessary!You can do better! You don't have to settle for "generic" investment performance, and you needn't delegate your decision-making to expensive investment managers. This book shows how you can quickly and easily build your optimal global portfolio–and then keep it optimized, in just one hour every three months. Top investment managers Gerald and Marvin Appel provide specific recommendations and simple selection techniques that any investor can use–even novices. The Appels' approach is remarkably simple and requires only one hour of your time every 3 months, but don't let that fool you: it draws on state-of-the-art strategies currently being used that really work.www.systemsandforecasts.comwww.appelasset.comwww.signalert.comIf you know what to do, active investing can yield far better returns than "buy-and-hold" investing. But conventional approaches to active investing can be highly complex and time-consuming. Finally, there's a proven, easy-to-use approach: one that's simple enough for novices, quick enough for anyone, requires no background in math–and works! Gerald and Marvin Appel show you how to identify, and give you specific recommendations for, the best mutual funds, ETFs, bond funds, and international funds. They do not stop there. They demonstrate how you can quickly and easily evaluate each investment's performance every 3 months, and how to make adjustments to continually optimize the performance of your portfolio. Using their easy to implement strategies, you can achieve better capital growth while reducing risk; profit from new opportunities at home and abroad; make the most of innovative investment vehicles; and protect your assets even in the toughest markets.Improving rates of return while you also reduce riskSetting intelligent investment targets and implementing strategies to meet themIdentifying today's most profitable market sectors……and those that will continue to leadShort-term vs. long-term bonds, mature vs. emerging marketsWhat to choose now, and when to switch
0 comments:
Post a Comment