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Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
LaytonSC said: "Has anyone ever read this book? It got great reviews on audible.com
I've read Jim Cramer Real Money and now I'm looking for a second book.
Thanks"
AlfredSokol said: "Never heard of that one. The Title sounds like a pitch."
JAP said: "I read that a while back on a long flight from LA to Heathrow. Pretty common sense stuff, with lots of emphasis placed on fundamentals (too much IMO). Of course you know that Rule #1 is NOT to lose money... that's Buffett's famous line.
In a nutshell, the whole book is based on the simple buy low and hold strategy... nothing more.
Save your money."
LaytonSC said: "JAP,
Would you recommend a book? I'm basically looking for strategies of real world trading. I already know the terms, etc. I'm paper trading for now....
Thanks"
Corey said: "I just bought two books for my girlfriend:
1) The Richest Man in Babylon -- first you must learn to MANAGE your money
2) The Little Book that Beat the Market -- then you must learn simple valuation
Meanwhile, learn basic technical investment techniques.
Finally, analyze your personality, age, goals, and risk tolerance to find the strategy that fits you.
I am pretty much long only on undervalued dividend stocks for long term growth. I hate volatility, and I hate losing money.
My roommate is high risk on options, sometimes losing/winning several thousand a trade. I can't handle his volatility, but he stomachs it and ends up winning. He considers my portfolio too boring (he is probably right).
You just have to find what fits you."