Book Description
How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English in a style that is as much fun as investing is -- or should be, when it's done right.
For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why "buy and hold" is a losing philosophy: For Cramer, it's "buy and homework." If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund -- and Cramer identifies the very few mutual funds that he'd recommend.
Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). He discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies).
Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramer's Real Money is filled with insider advice that really works, information that Cramer himself used to make millions during his fourteen-year career on Wall Street.
Written in Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market.
Download Description
"How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English in a style that is as much fun as investing is -- or should be, when it's done right. For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why ""buy and hold"" is a losing philosophy: For Cramer, it's ""buy and homework."" If you can't spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund -- and Cramer identifies the very few mutual funds that he'd recommend. Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he's not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). He discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies). Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramer's Real Money is filled with insider advice that really works, information that Cramer himself used to make millions during his fourteen-year career on Wall Street. Written in Cramer's distinctive turbocharged style, this is every investor's guide to what you really must know to make big money in the stock market. "
Customer Reviews:
Very Useful.......2007-10-22
This book does a tremendous job explaining how to make money. Great read, good tips, excellent read.
Great book for learning about trading stocks.......2007-10-02
Jim Cramer's book is full of usefull and sound advice about investing in stocks. All his rules make common sense and should be easy for anyone to apply in thier own investing. Discipline is the key, and he stresses that. He didn't become a multi-millionaire and get his own show on CNBC by being a dummy. No one can be right all the time, and Cramer is no exception, but he is right much more than he is wrong. And that is all you need to make alot of money on Wall Street. Dont listen to the Cramer haters out there, THEY KNOW NOTHING!!! and will never come close to duplicating Cramer's investing success.
Great Book for any Investor........2007-10-01
I am just starting to dabble in the stock market so I'm trying to learn as much as I can right now.
This book is very easy to understand and a very fast read. Being a really big fan of Cramer already this was a 'no-brainer', and although he is very educated he really translates his thoughts and advice in an easy to understand way.
I strongly recommend this book for anyone who is interested in the stock market.
Mad Man? Not really, more a Market Genius.......2007-09-29
Not much value on my side reviewing this book for the hundreds time. What's the take away?
I've been investing in stocks for nearly 20 years, with at least so much success that I keep with it, more or less. The difference is now I get why stocks move or don't (at least much more than I did before). And this book (and his show) is key to that. Awesome guiding priciples, rules of thumb, and market insights.
It's a fun book to read, if you have a certain level of interest in the business world, which is kind if key, of course. Many good laughs! I love his style (which I'm sure many might find offensive or so). But heck, it works for me. I bought both his other books as well. It's so good. The return on this "investment" can't be calculated. Hope this helps! :-)
Fundamental investing in a layman's language.......2007-09-23
Booya Jim!! This is a great book about investing using a fundamental approach. What is great is that the basics of investing are explained in a layman's language. You have to read chapter 5 to get a basic 101 on business cycles and how to exploit the cycle in buying and selling stocks.
I can list all the chapters and what they tell you about or list all the rules Jim explains - but that is rote repetition. Read chapter 4 about basics of evaluation. Jim does a wonderful job about comparing apples to apples e.g., Walgreen to RiteAid and goes into depth why he thinks what should be bought. This lesson alone is worth the price of the book for an investor starting out. Another good lesson is to evaluate the current value of a stock.
Of course, you can attend some expensive classes and get uncompreshensible instructions in an university, but for the price of the book, the value of the lessons here cannot be beaten.
In addition to business cycles, Jim gives some great insights e.g., he states that it is stupid to consider investing and trading as a dichotomy. How true! His famous buy-and-homework approach is like hearing a great 101 lesson from a Professor who also knows the real world. I haven't made any money in buying and holding. My emotions eventually have gotten hold of me. Instead, you need to know when to buy and when to sell. There are separate chapters on predicting tops and bottoms of both the market and individual stocks - again, wonderful reads.
In addition there are 40 rules about investing. Some gems are "I don't care what you paid for the stock, would you buy it now?" question to paraphrase. He gives a lot of credit to the Goddess, now his wife!
All in all, a great book and a must-have book in your investing library. I read the book almost two times so that I could reinforce the lessons, especially about valuation and business cycles. My style of investing, which has been pretty successful, is both a combination of fundamental and technical factors, while Jim's is more fundamental. But the fundamental 101s in the book is useful and should be a must background for anyone wanting to put their hard-earned money on the fire in the stock market.
Book Description
"Investing well isn't easy, but it is possible. My goal in life is to make it easier for you to make money."
Jim Cramer is the champion of the middle-class investor. Every night on Mad Money, he provides valuable information about stocks, steering investors away from danger zones and leading them to the investments that can turn a lackluster portfolio into a powerhouse of profit. In his new book, he shows investors how to take the advice on his TV program and put it into action.
Cramer walks investors through the key decisions they have to make: understanding their tolerance for risk and defining their goals, doing the essential homework on a stock, and knowing how to buy and sell stocks the right way -- the Cramer way. This is a true nuts-and-bolts guide to investing, from Cramer's detailed discussion of the sort of homework investors must do to his own guidelines for knowing when and how to sell stocks.
Mad Money is a hugely entertaining television program, but it also offers valuable information that can be the basis for a winning portfolio. Cramer shows how to turn the "Lightning Round" into a terrific tool for investing; it's stock-market strength training. He reveals how he can assess a stock in only seconds -- a valuable skill that every investor can acquire and put to good use. He explains what to look for in his CEO and CFO interviews, and how to use those conversations to make successful investment decisions. He reviews some of his best calls made on Mad Money, as well as some of his worst ones, to extract ten lessons from each that can profit every investor. And for the Mad Money junkies who just can't get enough, Cramer goes behind the scenes to explain everything from the reason behind his deliberate mispronunciations to his notorious chair abuse to the zany props and buttons that keep things humming.
From the first "Booyah" to the last roar of the bull, Mad Money is every investor's favorite television program, and Jim Cramer's Mad Money is the book that can turn a TV program into a top-notch stock portfolio.
Customer Reviews:
Cramer's Best.......2007-10-20
I have read Cramer's first two books, enjoyed and learned from them. I liked Watch TV and Get Rich the best. It tells of a TV show more complex than what meets eye. I get more out of his TV show, having read the book. I make fewer mistakes on my portfolio! It is an easy, fun read. I enjoy Cramer's manic, complex style.
Very good insight into the stock market.......2007-09-25
provides very good insight into the stock market and breaks investing down into basics which are necessary to understand market jibberish
For serious newbies, great for those with little time.......2007-09-22
I recently started trading online thanks to Prof. Cramer. I have both Mad Money & Real Money books including the audio books (read by Cramer) which are great companions. I've downloaded the audio books on my iPod and listen while driving (thru my car radio) or anytime I wish. I would highly recommend this to those who are serious about trading on their own. I admit the first trade I made I had to take a deep breath. The great thing is Cramer is there everyday to Cheer us on and discuss the current events in the market. He's funny and down to earth and makes school fun. I have Phil Town's Rule #1 based on Buffet and Grahams style to not lose money, but after you get his book you are on your own, literally. Phil Townsend does not have the STREET experience that Cramer has. Rule #1 is a good book to start with in your library but if you are serious and don't want to trade alone enroll in Cramer's school on making MONEY. I've made some great money and look forward to making more. I watch his show and own all of his books except for 'You Got Screwed'. BooYah!!! Good luck.
Thanks Prof Cramer
Patty, WV
excellent investment information.......2007-09-01
i have been watching his show on cnbc and purchased this book. It is loaded with good information on investing and recommendations on how and what to buy and what to look for.
For the curious begginer trader.......2007-08-31
This book delivers. Granted you might find some of this info online, but if you like sitting down with a book, or reading something on the train while going to work, pick this one up. It has a lot of good pointers and constant references to watch the show but hey I already do. I liked it, an easy read, a book that is both entertaining and educational, and kept me interested.
Book Description
Pre-foreclosure real estate is one of the hottest investment opportunities on the market. The Pre-Foreclosure Property Investors Kit offers step-by-step instruction and no-nonsense advice on how to find great deals, estimate fair market value, negotiate with sellers, sell your property on your own, and win big in real estate. Youll learn how to get the best deals on foreclosure properties before they go to auction and utilize simple ready-made worksheets, checklists, forms, and agreements that make getting started easy. Even people of modest means can get into pre-foreclosure investing—all it takes is a little hard work, persistence, and the tools youll find in this handy guide.
Customer Reviews:
Love it! Love It! Love It! .......2007-10-16
Love it! Love It! Love It! "The Pre-Foreclosure Property Investor's Kit" by Thomas Lucier is very informative and a must read for anyone interested in this type of real estate investing. Mr. Lucier tells in detail how to negotiate with homeowners in trouble, how to be the solution to their problem, and how NOT to have the door slammed in your face. He also demystifies the process of dealing with the homeowner's lender by explaining in detail each step in the process of taking the property off their hands. This book, along with Dean Graziosi's [[ ASIN:1593154461 Be A Real Estate Millionaire: Secret Strategies for Lifetime Wealth Today]] have helped me so much in understanding how to be successful with foreclosures.
Great Information! The best investment book I have read to date. .......2007-09-28
This book is simple, straight forward, and realistic. The author does a great job. The book is full of excellent strategies and advice.
Very Good Resource .......2007-09-24
This book provides excellent insight for buying pre-foreclosures. It is well-written, easy to understand, and insightful. The only problem is that it does not give relevant economic information to investors to navigate the real estate bubble. However, I do not fault the author for that since they are really two seperate topics. To fill this gap I would also recommend Cashing in on the Real Estate Bubble. This book focuses on the economic aspect of teh bubble and presents a survey of the best methods to make money from the real estate mess.
If you want to buy pre-foreclosures, I would recommend both books - this one for instructions on how to handle foreclosures and the other (Cashing in on the Real Estate Bubble) as an economic resource. Together, I feel they have given me a huge edge.
Ok content, misleading promise.............2007-09-16
The content of the book is solid and practical. However, don't believe the author's statement in the book that he will answer questions sent to him directly via email. I sent repeated emails to Mr. Lucier requesting clarification of a couple scenarios from the book and have had no responses.
Excellant with lots of meat........2007-08-26
This book will not do the job for you rather it will make you think. Granted the author is a little odd but, the information is true to fact. You start to think when you read this book and then the inspiration comes. This book is only a stepping block to great things. I apply this and a lot of other information and I make a great living. I hope people do not like this book so, I can eliminate the competition. LOL
Book Description
The world’s #1 fixed income book, now with 21 all-new chapters
The Handbook of Fixed Income Securities occupies the top spot as the most authoritative, widely read reference in the global fixed income marketplace. First published in 1983, this comprehensive survey of current knowledge features contributions from leading academics and practitioners and has carved out a niche that cannot and will not be equaled by any other single sourcebook.
Now, the thoroughly revised and updated seventh edition gives finance professionals the facts and formulas they need to compete in today’s transformed marketplace. It places increased emphasis on applications, electronic trading, and global portfolio management, and features new chapters on topics including:
- Eurobonds
- Emerging market debt
- Credit risk modeling
- Synthetics
- CDOs
- Transition management
- And many more
Customer Reviews:
Very useful reference.......2007-08-31
Good reference for bond math and a great thing to have on any debt capital markets desk.. I use it very frequently.. its a classic ..
So far so good.......2007-08-03
Great purchase. The authors do a superb job of describing topics in basic terms then escalate to the nitty gritty number crunching behind the concepts. I recommend for anyone needing a complete guide to FI securities.
good overall reference.......2007-04-19
very good as a reference and general overview; if you want more detail and in-depth analysis you should look for something else but there's lots of specific lieterature out there so this still makes a good starting point
the default reference.......2007-01-06
this is the de facto desk reference for fi securities. it is thorough and well presented. if you are working with fi, you probably have it, if not, you should. also highly recommend the fixed income mathematics text as well.
nice overview of a wide range of topics.......2006-04-16
i give 4.5 stars.
many reviewers comment that this book lacks depth, but hey, it just tries to give a general overview on a variety of fixed income securities, that's what it is, and this book does reasonably well on this purpose. it never means to contain everything on every fixed income securities.
the only thing i am concerned is that the page numbers listed on the index sometimes do not match.
Product Description
FROM THE BACK COVER: Are you caught up in the financial thinking of the last century? That's when we learned to buy a home and pay it off as quickly as possible. It made sense in the conditions that existed back then. It doesn't make sense today. How would you like to: 1) Safely leverage and compound assets you didn't realize you had? 2) Become your own bank and build family wealth? 3) Pile up stock market gains, but never take the losses? 4) Lock-in a rich, secure and carefree retirement? 5) Transform the IRS into your wealth-building partner? 6) Create real wealth, empowering you to help others? 7) Get to your existing retirement funds with little or no taxes? 8) Leave a fortune to your heirs? STOP SITTING ON YOUR ASSETS make these strategies crystal clear -- and you can apply them with security and ease. If you own a home, you owe it to yourself to know about today's new reality: You are sitting on a potential fortune that can safely and confidently be put to work to build a massively abundant financial future. A future so rich that -- before STOP SITTING ON YOUR ASSETS -- could have only existed in your dreams.
Customer Reviews:
Home Owner Beware.......2007-10-17
This will be short. I have already wasted enough time ready the book (actually I stopped reading in Chapter 9) At first, I thought the examples were funny and than I realized there may be people reading this book that actually are taking notes. This is intended for those few. Seek out the help of a Professional Financial Advisor. This book should come with a warning label.
don't waste your money on this book or its strategy.......2007-10-05
First of all, the author has enough material for a magazine article at best and she has padded and stretched it into a book. That makes for an annoying read.
Secondly, her math is deceitful. She says to borrow the equity from your home at 8% and put that money to work getting an 8% return and you will end up with a huge pile of money. What about the payments? Oh, yeah. She subtracts those as a lump sum at the end from your pile of money. Everyone knows the payments have to made every month so if you're borrowing at 8% and getting an 8% return you're simply going to break even. If you're as smart as a fifth grader you know that math calculations have to be performed in the correct order or you'll get the wrong answer. She also gives an example of someone who could pay cash for a house but takes out a mortgage anyway and invests the money. She conveniently ignores the fact that the person could simply pay cash for the house and then invest what they would have made in payments each month and that money would grow to almost the same amount as her "safety fund"
The third problem with this strategy is that the only way to get this 8% tax free, totally safe return is to buy a questionable insurance product that she or her friends will be happy to sell you. Then you'll have the IRS looking over your shoulder.
I'm not a big fan of a mortgage free house for a number of reasons but if you're going to harvest equity and invest it, you'd better know what you're doing. For the average person it's way too risky.
Start saving some money by NOT buying this book.
This book has been done before, called Missed Fortune 101.......2007-09-22
Sad to see people trying to ride the coattails of another book and rip it off so blatantly. The orignal book called Missed Fortune 101 introduces the world to these strategies. Well Stop Sitting comes in and basically changes a word here and a word there to try and be different. For example Missed Fortune 101 talks about "going down the highway of life with one foot on the gas and one on the brake" Ms. Snow talks about going down the highway with 4 flat tires and a broken windshield...Come on!
Read Missed Fortune 101 Missed Fortune 101: A Starter Kit to Becoming a Millionaireto read the real story first, Read Stop Sitting for a rehash, if you like that kind of stuff...
I know I'm gonna write a book called Elbib and have it start out with a guy named Aaron and a girl named Emily who live in the jungle, then get kicked out of the jungle for eating the forbidden vegetable...
Looking for answers.......2007-08-19
I, too, was in awe after reading this book. The ideas are presented in a simple, easy to understand way, and it seems to me to be very logical. I'm no financial genius, rather a former math teacher and the numbers seem to work on paper. But, really, after the awe has worn off and reality hits, what's the catch? This seems too easy. If this idea has been in existance for several years, then why hasn't it caught on with the "masses?" Why don't more financial advisors recommend this? Is there something I'm missing or does it really work that simply and just nobody knows about it? Somebody....give me the real scoop!
Very, Very dangerous book.......2007-08-02
As I began to read this book, my first challenge was to get over the unearned arrogance of the author. Marion Snow may have a "scientific mind" and have a little experience in the mortgage industry selling people mortgages, but she is no financial planner.
The book is absolutely full of errors and misrepresentations of how some very complex financial products work. She literally demonizes financial planning professionals who have spent years of their lives helping clients and studying the ever changing landscape of both financial planning, estate planning, as well as the Internal Revenue Code.
Some of her VERY dangerous errors are as follows:
First, nearly all of her calculations discuss saving taxes at a 30 or 33% tax rate. While this sounds good, the average American is nowhere near the 33% tax bracket. The 33% tax bracket does not begin for most married Americans until they have over $195,000 of annual income.
Secondly, the insurance products that she describe do not function as she indicates. On page 110, she casually mentions that her insurance strategy will work as "long as you are careful not to deplete your cash value." She does not mention that the "tax advantaged policy loans" she advocates are 1)charged interest by the insurance company, and 2) taxable if the policy lapses in later years. Additionally, she neglects to mention that Universal life policies have increasing costs which will cause them to lapse using her strategy.
Third, all of her calculations are "assumed and hypothetical." They do not address real numbers. About halfway though the book she indicates she "got her insurance license" just to verify her findings. Unfortunately, an insurance license is viewed by most credentialed financial planners with the same reverence that training wheels are viewed by Olympic bicycle racers...
Fourth, her mortage strategies advocate taking illegal tax deductions - the tax deductions she describes are not allowable to the degree the advocates, in the tax brackets she uses as examples. The deductions "phase out" well before a taxpayer can use them to the degree she illustrates. Simply put - the numbers are INCORRECT.
Ms. Snow should spend a few years in school and learn what she is talking about - and a few more years working with real world financial clients -before being arrogant enough to throw stones at those who do.
She is flat wrong in many areas and will hurt a great many people who take her cutesy approach to financial planning seriously.
Jon - CFP, ChFC
Amazon.com
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
Book Description
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them"). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. --Howard Rothman
Download Description
A #1 New York Times bestseller, 'Rich Dad, Poor Dad' is a true story on the lessons about money that Robert Kiyosaki learned from his two "dads." One dad, a Ph.D. and superintendent of education, never had enough money at the end of the month and died broke. His other dad dropped out of school at age 13 and went on to become one of the wealthiest men in Hawaii. 'Rich Dad, Poor Dad' will . . .· Explode the myth that you need to earn a high income to become rich · Challenge the belief that your house is an asset · Show parents why they can't rely on the school system to teach their kids about money
· Define once and for all an asset and a liability · Teach you what to teach your kids about money for their future financial success. In 'Rich Dad, Poor Dad', Robert Kiyosaki explains how to make your money work hard for you instead of you working hard for money.
Customer Reviews:
Very helpful information !.......2007-10-21
This is a book I didn't like at first, and later on found it to be very valuable and useful. It truthfully tells you where you need to spend your time if you really want to become rich. To use these methods presented in the book, you will have to work really hard, take risks, study, plan, and take the subject matter presented seriously.
Disappointing.......2007-10-20
I bought this book out of curiosity, to see for myself what the hype is all about.
I have to admit that the first part really drew my attention. Co-writer Sharon Lechter did a good job placing the story in the setting of two kids growing up. It makes the simple content digestible.
But then out of the blue Mr. Kiyosaki takes the word and it feels like the editor didn't have the time to finish her job. It is embarrassing to see K. showing off and telling us how he made his fortune being a real estate speculant.
Regards,
Norbert
An Interesting Perspective.......2007-10-20
While it is difficult to imagine what new commentary one could add to the thousands of reviews of this fine book, I thought it would be beneficial to point out a significant characteristic that seems rarely touched by others. Namely, the testimony-like nature of the message.
While there are many business and investment books on the market worth the time to read, few are as adept as Robert Kiyosaki (and his actual writer, Sharon Lechter) at contextualizing his instruction. By giving the reader a "this is what happened to me, and this is what I learned from the experience" message, the author is essentially giving his own personal narrative of his life's journey into his present understanding of business and investments. By so doing, he offers the reader insight into the WAY a person of his economic stature thinks...and more importantly, WHY.
The autobiographical nature of the text adds tremendous flavor to the message this best-selling book conveys. In my opinion, Rich Dad, Poor Dad is a remarkable book that anyone interested in business and/or investments should consider a "must read" in their studies.
Moreover, to truly garner the key nuggets of the author's revelation, one should also immediately read the sequel, Cashflow Quadrant: Rich Dad's Guide to Financial Freedom. Nearly twice as thick, this second text is truly the finishing touch on the original work.
In conclusion, the few negative reviews I have read of Rich Dad, Poor Dad seemed to be written by those who expected something different than what was intended by the author. By logical extension, it appears obvious that they failed to read the sequel so that they could truly conceptualize the appeal of the author's message...an appeal that has made this not only a best-seller, but a true legend in the business non-fiction genre.
Inspirational stories - but repetitive information.......2007-10-19
Robert Kiyosaki has shared a lot of his personal experiences of making money. I enjoyed reading the first few chapters. The rest, pretty much carried the same information. This book motivates you to become rich. The author recommends to develop and use your ingenuity to create wealth.
I couldn't still understand why "buying a house" couldn't be considered as a way of asset creation. Most of the author's examples are about real estates & investing in stocks.
If you want to get inspired about making money, this is the book to read.
Okay, but not the answer........2007-10-15
This was not a very good self-help type of program. Usable advice, enthusiasm, and some worthy points make it average, but it hardly reflects the title. Sorry guys, I'd pass on this one. Read Cyber-Psychonetics instead.
Customer Reviews:
Subprime Loan Crisis.......2007-10-16
This book which I purchased new from Amazon is missing pages 297-344. If I tried to understand the hot topic in all of finance right now I'd be up a creek because the publisher didn't feel I should have the tools to learn about it. Ridiculous for a book in its fifth edition.
Not what I thought.......2007-08-26
This book was a lot less than expected. It is basically a book of definitions. It does not offer notes from the book which is what I thought I was getting.
Financial Markets and Institutions-Cram Text.......2007-02-16
Don't get it. It is useless. Elementary style study pack.
Very good for first exposure to financial markets.......2003-12-10
This book is not an advanced book on financial markets, but it is a good introductory book. I use this book for my undergraduate teaching. Both I and students are happy about the coverage of the book. It is well organized and well written. Improvements will be valuable in the derivatives markets and risk management areas.
Good start.......2003-12-04
I've used some version of this book for many years now, and I've seen it evolve. I think, as other reviewers have said, that there are some simplified portions of the book, especially those parts dealing with monetary economics. There are other portions which lay out the principles as only these authors can, and those parts are extremely helpful and valuable. This book allows me to teach my notes and thoughts with a textbook serving as a reference and an introduction -- it doesn't get in my way, in other words. I use it along with several other texts, and I think it gets the job done. Students seem to like it as well, mainly for its clarity. For someone wanting to learn the basics, this is an excellent choice.
Book Description
Trading for a Living Successful trading is based on three M's: Mind, Method, and Money. Trading for a Living helps you master all of those three areas:
- How to become a cool, calm, and collected trader
- How to profit from reading the behavior of the market crowd
- How to use a computer to find good trades
- How to develop a powerful trading system
- How to find the trades with the best odds of success
- How to find entry and exit points, set stops, and take profits
Trading for a Living helps you discipline your Mind, shows you the Methods for trading the markets, and shows you how to manage Money in your trading accounts so that no string of losses can kick you out of the game. To help you profit even more from the ideas in Trading for a Living, look for the companion volume—Study Guide for Trading for a Living. It asks over 200 multiple-choice questions, with answers and 11 rating scales for sharpening your trading skills. For example: Question Markets rise when
- there are more buyers than sellers
- buyers are more aggressive than sellers
- sellers are afraid and demand a premium
- more shares or contracts are bought than sold
- I and II
- II and III
- II and IV
- III and IV
Answer B. II and III. Every change in price reflects what happens in the battle between bulls and bears. Markets rise when bulls feel more strongly than bears. They rally when buyers are confident and sellers demand a premium for participating in the game that is going against them. There is a buyer and a seller behind every transaction. The number of stocks or futures bought and sold is equal by definition.
Customer Reviews:
A trading book without sugarcoat.......2007-10-24
I wish I'd read this book along with other book of Elder, 'Come into my trading room, when I first started out in trading business. This book thoroughly explains the cold harsh reality of the nuts and bolts of trading business. I highly recommend this book to anyone contemplating venturing into trading business.
Excellent Place to Begin Your Trading, Covers it all........2007-05-24
Dr. Elder has put together in Trading for a living, the most comprehensive 'soup to nuts' book I have read on the broad subject of trading. Ok, even Dr. Elder would tell you that to trade after having read ONLY his book would be the act of a fool, I can tell you now that I have read dozens of books, that there is certainly NO BETTER book to get a broad understanding of trading. Dr. Elder focuses on the three aspects of trading that a trader must master: Your Psychology, Your Money-Management, and then the Analytics. His psychology stuff is very good, a bit harsh, kind of like an old Russian dude might sound like in real life, but sound. And certainly less harsh than a big hit to your capital position on a loss in the markets. His money management section is powerful, which was perhaps the most concise and helpful that I have read on the subject. The money management section gave you a solid foundation for knowing what 'money management' is, and how it should be understood in the world of trading. And lastly, the analytics. Wow. He covers alot of them. And in greater depth and with more proficiency than many of the books that cover just "one" analytic. He tells you how each analytic would be used proficiently, and when it would be dangerous to use. Keep in mind that all of the tools he describes are not recommended, but part of a broader suggestion on how to build your own trading system. Lastly, his covering of the Miscellaneous Analytics is worth the price of the book. It was not the best part of the book, however, it covered areas like Market Vane and CFTC Committments of Traders! In that same section he talks about trading against the herd, (being contrarian) and how to discern who the 'big money' is in Futures Markets. NO ONE has ever mentioned this information in any of the other books I have read. If there was a single book that one could read to begin from there to trade, I would say this is it...although, I would strongly recommend against that. Anyway, this book is in the top 3 of books that cover this subject in the broadest of terms. I do not know what the other two are, but if you are interested in trading for a profession, then read this book.
Forget this one.......2007-05-23
This audio is a big JOKE a waste of time forget this one and look for something else.This is for babies,waste of time.
One of the best book on trading I've read........2007-05-12
I am a "professional" floor trader of over 15 years. Although I have been very successful, this book has given me more ideas on improving- not just my trading- but my life also.. and I haven't even read 1/2 the book yet!
I'm also using some of Dr. Elder's principles to improve my girlfriends 9 year old son's outlook on bettering his life. He is very emotional and I'm trying to teach him about controlling his emotions as Dr. Elder teaches in this book.
The book was recommended to me by a successful trader/trading instructor. Boy am I glad I got it. Thanks Nelson! I recommend it to anyone who wants to improve their financial status through trading.
Learn to make money in the market.......2007-04-10
This is a great book to learn about how to make money in the markets. It is full of strategy and lesson learned by the author. It is also interesting to learn the story of the author. It is a great book to help you learn to make money in the market.
Amazon.com
Get a behind-the-scenes peek at Why We Want You to Be Rich in this video interview with Donald Trump and Robert Kiyosaki. They pair talk about their very different backgrounds, their mutual admiration for one another,and how they came up with the idea to write Why We Want You to Be Rich together.
Book Description
The world is facing many challenges and one of them is financial. The entitlement mentality is epidemic, creating people who expect their countries, employers, or families to take care of them. Donald Trump and Robert Kiyosaki, both successful businessmen, are natural teachers and have joined forces to address these challenges. They believe you cannot solve money problems with money. You can only solve money problems with financial education. Trump and Kiyosaki want to teach you to be rich.
"Give a man a fish, and you feed him for a day. Teach him to fish, and you feed him for a lifetime."
They each could have written a book on the subject, but they chose instead to write a book together because of their shared passion for education and their desire to bring emphasis to the importance of financial education. In addition they have designated a portion of the profits from each book to be donated to charitable and educational organizations that also support financial education.
Why We Want
YOU To Be Rich, Two Men — One Message was written for you.
Customer Reviews:
Do not Buy this what a waste of money take the money you would pay for this and buy lottery tickets and you will be better off.......2007-09-27
most things i listen to or read atleast give me one good idea this is more like a life story rather than how to do anything with it. What a waste of my hard eraned time and money. Do your self a favor and stay away from this USELESS TOOL
Noteworthy.......2007-09-21
This book is awesome. After reading it I have a whole new level of respect for Donald Trump. I salute he and Mr. Kiyosaki for their efforts and their willingness to share with their financial knowledge with the world. I agree, this should be a topic for our children in High School. Our children are our future; we must prepare them. If we don't who will?
No substance, very self serving rants.......2007-09-12
Don't waste your money. This book offers no insight into anything. There are some motivational phrases but that's about it. Trump offers no insight into anything, and just brags upon himself and talks about his family. Kiyosaki's previous work is a lot better than this collaboration. Kiyosaki is starting to sound redundant. All his books are saying the same thing. There is absolutely no "how to" involved in this book. Terrible quality, don't waste your money.
what's worse?.......2007-09-09
I don't know what's worse, the number of bad reviews by everybody here or the fact that so many of the bad reviewers have read Kiyosaki's other books and actually found value in them. If it took you this long to realize Kiyosaki is a shyster then no wonder you're still trying to figure out how to get rich!
Meeting of the rich minds that should meet yours........2007-09-06
I have to admit that this was my first introduction to Robert Kiyosakis writing. I have to say that I was very impressed by the way he tells things in stories and explains things in detail. Then on the other hand you have the Trump perspective on the same issue as just described by Kioysaki, with the classic to the point very short and effective Trump wording. Once again this book could be used for much more than just investing tips and understanding the difference between those who make it and those who don't.
This book could be used to grow both personally and professionally. As a life and executive coach many of the things they talk about in this book are things that I work with small business owners and managers doing. Just a different angle on the how to break free of misconceptions that are known as: "common sense". Just like with many of the other Trump books this is not a step-by-step guide on how to become rich. From what I have now looked through of Kiyosakis books, they are not a step-by-step guide either. Even though they give you more of a guideline and teach you direct things on what to do and more importantly on how to think and break free of how most people do think.
The differences that struck me the most in this book is how the mindset of people that do make it is different from those who do not. It was a very entertaining and educating read, and I personally learned some new things from it that I have implemented not only into my daily life but also my businesses. The way the two use different approaches to the same topic opens up a whole new world of understanding, that is, if you do not quite get what the first part (Kiyosaki) is trying to explain the second part (Trump) will give the abbreviated version of it. Technically you could go though this book and read only one of the authors part and then read the second part as a second book. For it to make the most sense I would recommend that you go through it all at one time though.
Excellent book that I would recommend for more than just investors, would recommend it for entrepreneurs, people wanting to grow personally and professionally. If you are ready to shift the way you think in order to shift how you are doing financially this is a great buy!
Book Description
Foundations of Financial Management is a proven and successful text recognized for its excellent writing style and step-by-step explanations to make the content relevant and easy to understand. The text's approach focuses on the "nuts and bolts" of finance with clear and thorough treatment of concepts and applications. There is a strong real-world emphasis presented throughout. This text has definitely stood the test of time due to the authors' time, energy, and commitment to quality revisions. In addition to completing the textbook revisions, the authors also revised ALL end of chapter problems and complete the solutions themselves. Block and Hirt know what works and what doesn't work for students, and they have consistently maintained a high quality textbook that is responsive to the demands of the marketplace.
Books:
- Little Budget Book: A Portable Budgeting Guide for Local Government
- Local Government Dollars & Sense: 225 Financial Tips for Guarding the Public Checkbook
- Markup & Profit: A Contractor's Guide
- Mathematics for Finance: An Introduction to Financial Engineering (Springer Undergraduate Mathematics Series)
- Money In Marriage Workbook (Christian Financial Concepts Resourceful Living Series)
- Options, Futures and Other Derivatives (6th Edition)
- Pitch Like a Girl: How a Woman Can Be Herself and Still Succeed
- Practical Guide to U.S. Taxation of International Transactions, Fifth Edition
- Prentice Hall's Federal Taxation 2007: Individuals (20th Edition) (Prentice Hall's Federal Taxation Individuals)
- Privacy Crisis: Identity Theft Prevention Plan and Guide to Anonymous Living
Books Index
Books Home
Recommended Books
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- Home Buying For Dummies, 3rd edition
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- Dr. Jekyll & Mr. Hyde
- Judge & Jury
- Free Fall
- The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
- Accounting Issues and Credit Evaluation: A Special Collection from the Journal of Commercial Lending
- Cinnamon Kiss: A Novel
General
| Business & Investing
| Subjects
| Books
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Confessions of a Street Addict
Rule #1: The Simple Strategy for Successful Investing in Only 15 Minutes a Week!
You Got Screwed! Why Wall Street Tanked and How You Can Prosper
How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition
