Book Description
"The Long Tail" is a powerful new force in our economy: the rise of the niche. As the cost of reaching consumers drops dramatically, our markets are shifting from a one-size-fits-all model of mass appeal to one of unlimited variety for unique tastes. From supermarket shelves to advertising agencies, the ability to offer vast choice is changing everything, and causing us to rethink where our markets lie and how to get to them. Unlimited selection is revealing truths about what consumers want and how they want to get it, from DVDs at Netflix to songs on iTunes to advertising on Google. However, this is not just a virtue of online marketplaces; it is an example of an entirely new economic model for business, one that is just beginning to show its power. After a century of obsessing over the few products at the head of the demand curve, the new economics of distribution allow us to turn our focus to the many more products in the tail, which collectively can create a new market as big as the one we already know. The Long Tail is really about the economics of abundance. New efficiencies in distribution, manufacturing, and marketing are essentially resetting the definition of whats commercially viable across the board. If the 20th century was about hits, the 21st will be equally about niches.
Customer Reviews:
Fabulos... indispensable para entender la nueva realidad de internet.......2007-10-08
Este es un libro estructural. Ayuda a comprender la forma en que trabaja la economia a la luz de los avances de internet.
Pero tambien es un placer leerlo, lenguaje claro, ejemplos relevantes. Un lujo.
Good article, stretched out to a padded book.......2007-09-26
This book started off as an article in Wired Magazine, and it was an excellent one. But Anderson must have decided to cash in, because the book doesn't add anything that wasn't covered in the article itself. It's not a complex concept.
Read the article on the Wired website. Then go spend your money on something from a tiny niche market.
One Trick Pony.......2007-09-09
This is one of those books that has one, keen insight and then takes one hundred + pages to say the same thing over and again. The keen point is indeed interesting. It just does not a complete book make. My $.02 !!
Good book for the startup entrepreneur in the 21-century .......2007-08-20
This is an insightful book into the today's world of retail business. Cool examples of how the Internet has leveled the playing field for many small businesses and artist.
Looking at it from the point of view of the producer and not the consumer or the retailer .......2007-08-16
I am not much of a business mind but I think I get the picture here. Instead of twenty percent of the product bringing in eighty percent of the revenue ninety- eight percent of the product is going to bring in all the revenue. Having so much available, and having ready access to it means sales no longer concentrate on a relatively few items. Freedom of choice abounds, niches multiply, Alvin Toffler is happy, future shock is no longer shocking, customization is here forever, and we all can have anything we want as long as we are able to pay for it.
Good. But I think of this in another way. Does this mean that 'value' also will not be centered as we ordinarily center it in the great works, the masterpeices, the few chosen ones? Does it mean our whole conception of valuing cultural goods will change, and a few big things will be less worshipped while many more appreciated? In other words will deTocqueville be happy here because 'equality' is in the saddle and mankind has many little good things, instead of the aristocracy only having a few?
And what does that mean for creators of culture? As a writer can I now happily post my unpublished writings with the thought that perhaps a few will read them, where before none did. In other words a moneyless long- tail is still a long- tail.
I don't know. But I do sense Anderson has hit on to a new truth here which will have all kinds of implications better business people than me will have to see.
Book Description
Over 30,000 online investors daily flock to pristine.com, the top-rated Website run by day trading legends Oliver Velez and Greg Capra, for up-to-the-minute strategies and market commentaries. In Tools and Tactics for the Master Day Trader, Velez and Capra revisit and completely update over 100 of their daily commentaries from the past four years, with new material explaining what worked, what didn't, and why.
This no-nonsense, easy read, meant to be referenced by traders every trading day, covers everything from potent trading strategies to intuitive insights on psychology and discipline. Proving once again that the best teacher is experience, Tools and Tactics for the Master Day Trader will help any trader log on with the technical skills, market knowledge, and confidence they need to capture more winning trades, and reap new profits.
Customer Reviews:
THE best book on trading I have ever read........2007-09-09
I had to get this book after reading such a mix of reviews. I was really curious how it would turn out since reviewers were either raving about it or trashing it.
After reading the 1st half of this book I was shocked to say the least. The first half of this book is worth more than all of the books I have read on trading combined. If someone trashes this book then they are either very new to trading and don't understand the points being made in this book(which I can understand because you have to get some experience under your belt to really appreciate what is being said in this book) or they are looking for a quick strategy they can read in 5 minutes and start making money. For one thing, that's never going to happen anyway.
The trading strategies in this book are very basic, so for newbies that part of the book has some good info. I was hoping for a little more advanced analysis of trading techniques, but I really didn't need that anyway. The knowledge and wisdom in the first half of this book is going to take my trading to moon.
For the newbies who didn't like this book, get a couple years experience under your belts then go back to this book and re-read the 1st half. I guarantee you, you will want to come back here and write a positive review.
Interesting book with lack in details by very self-confident authors.......2007-06-09
When I started reading the book by Oliver Velez and Greg Capra: "Tools and Tactics for the Master Day Trader", I thought it was one of the better books on day trading. It starts out with the importance of discipline, and the lessons to be learnt from losses. It also outlines the concept that you don't buy from the market, but there is always another person on the other side of the trade that has exactly the opposite market expectation as you.
Then come four chapters with lists of rules: 7 deadly sins, 12 trading laws of success, 15 things every trader should know, and 10 lessons for the master trader. Altogether 44 rules, which don't seem to be in any systematic order. It looks like the authors were brainstorming to come up with as many rules as they could think of, and then divided them up among the four chapters. Some rules contradict one another, some important rules are next to irrelevant ones etc. Also the "Seed of Wisdom" does not help to sum up the rules because it often is not related to the part that it is supposed to summarize.
In Chapter 10 and 11 the authors talk about tools and start out by explaining things as basic as a candle stick or support and resistance. Then they dedicate two chapters to Order Systems and Level II data, and it takes until page 293 when they finally talk about trading techniques.
After having talked redundantly about general things for three quarters of the book, the authors give their ideas of entry, stop and exit techniques. What I missed most in this part is the lack of exact trading rules. Everything is expressed vaguely (e.g. p.219 "you can also opt to keep the break-even stop. This is a matter of choice." or p.322 "Sell at least half your stock if and when the stock breaks below the 5-minute low. ... These are just guidelines. We don't want to be stupid. ... Many traders will be best served selling the whole lot at this point."). This is exactly the vagueness you can't afford as a day trader. I was also disappointed that there was so little variety in the trade setups (just three entry techniques).
So my hope was high that in chapter 17 "How to put it all together" there would finally be concrete entry and exit descriptions. Instead, the authors just describe common chart formations like any other book on technical analysis (and do a worse job, too).
Throughout the book I noted an arrogant tone (p. 317: "Let's assume a master trader, let's call him Mr. Velez."). The authors speak about master traders, as if they were some kind of rock stars. No matter, how successful you are, if you quit being humble, the market can easily take everything away from you.
I am giving the book three stars because it does cover important topics for day traders like discipline, and learning from your mistakes. If you want to read a more effective book, however, I recommend the one by John F. Carter "Mastering the Trade".
Seeds of Wisdom !.......2007-05-18
Tools and Tactics for the Master DayTrader: Battle-Tested Techniques for Day, Swing, and Position Traders.
Velez and Capra give me the impression they have traded before and are not just book writer's. You can learn a few pointer's from this book whether you are just learning or have been trading a while. It covers Candlesticks,Moving Averages, Fibs, Volume and drawing a few trendlines on the charts intraday and daily charts.
It does not go into some of the mathematical lagging stock indicators that some trader's think it might be the "Holy Grail". Those lagging indicators act like delayed instrument gages on your dashboard. Sorry, there is no Holy Grail on WallStreet predicting the future for you... better look elsewhere like yourself. The only "Holy Grail" you will ever find trading stocks is yourself there is no quick fixes to learn to trade stocks it all takes lots of time and practice.
Its to look and observe what a chart's history or footprints tell you with some seeds of wisdom.
I see so many negative reviews here about this books. I am starting to wonder whether those reader's have ever traded stocks or are just rookie trader's learning from their mistakes the first 2 years.
I have traded full-time for years and I can tell you they must be all rookie trader's hoping that a book might have all the answer's for them and their future. It would help them if they read this book a few times until it really sinks in their minds.
This book is a concise,no nonsense approach and covers everything traders need to win consistently.
As a prior reviewer mentioned which I agree...
"The key buy setup, alone is worth many times the price of the book."
Nothing new.......2007-04-18
nothing new, nothing exciting. Everything can be found in books that are half the price. Save your money.
FIVE STARS!!!.......2007-02-27
I would definitely give this book five stars. I really learned alot from it. If you gave it a bad review you either need to go back and read the book again or just skimmed through the book.
and to the person who sid that he "Heard" that they don't actually trade they are wrong and I thought everyone knew not always to believe what they hear. But hey, some people just believe things more easily than others.
and you can't even RATE this book one star because YOU HAVEN'T ACTUALLY READ IT!!!
You skimmed through the book and rate it one star??? WOW. that's all I have to say: wow. I'm not even going to say anything else. and people don't listen to all of those bad revievs out there. It really was a great book and is worth the money. (and so is his newer book)
and to the person who said: "This book TOTALLY rocked. I read it alot because it was so awesome"
YOU TOTTALY ROCK TOO! LOL!
Amazon.com
Like many savvy business people of the 21st century, David Bach offered his first pearls of financial wisdom to women, in his bestselling book Smart Women Finish Rich. Recognizing that these women are often accompanied by significant others and that money arguments are the number one cause of divorce in America, Bach has now broadened his scope. Presumably intended to help change this depressing statistic, Smart Couples Finish Rich is a well-written financial planning tool, packed with useful charts and information, inspiring examples, and practical advice.
For people who've been disappointed by the shallowness of some of the "quick tips" self-help books out there, the subtitle of this book is a little misleading. Bach's nine steps are not instant change techniques or chirpy little quips to recite to yourself whenever you go to balance your checkbook. Instead, the first few steps include a series of exercises that will help you determine what you know (and don't know, or understand) about saving and investing, what role money should play in your life (which includes understanding your values), and how to work together toward a common financial goal. From there, Bach teaches his readers how to account for "disappearing" money, how to build retirement, security, and dream baskets of wealth (providing detailed options for all three), and how to avoid the most common financial mistakes most couples make. Though the focus of the book is predominantly on working with your existing income, Bach includes a final chapter entitled "Increase Your Income by 10 Percent in Nine Weeks."
Bach's writing style is engaging and his advice is user-friendly. A successful financial planner, he obviously believes passionately in all the "fringe" benefits of being financially responsible but employs a no-nonsense approach that makes financial smarts available to everyone. So whether you're 25 and just starting out on the earning, saving, and spending road or you plan to retire next year; whether you've recently got hitched for the first time or you've just entered your fourth marriage; and whether financial planning comes first or last on your list of fun things to do, the advice in Smart Couples Finish Rich is worth heeding. It's not about becoming a money-obsessed bore, it's about getting smart... and rich. --S. Ketchum
Book Description
From first-time newlyweds to people on their second or third marriage, couples face an overwhelming task when it comes to money management. Nationally renowned financial advisor and bestselling author David Bach knows that it doesn’t have to be this way. In Smart Couples Finish Rich, he provides couples with easy-to-use tools that cover everything from credit card management, to investment advice, to long-term care. You and your partner will learn how to work together as a team to identify your core values and dreams, creating a financial plan that will allow you to achieve security, provide for your family’s future financial needs, and increase your income. Together, you’ll learn why couples that plan their finances together, stay together!
Download Description
Fighting about money is the number-one reason for divorce in America. David Bach knows that it does not need to be this way. In Smart Couples Finish Rich, David Bach makes his tips available for everyone trying to navigate the complex joint-finance waters.
Customer Reviews:
Pretty Good. Pretty, pretty good........2007-10-20
Since reading this book, I have earned a 10% raise--no small feat as we're in the middle of a corporate merge and have increased my contribution to my 401K from 6% to 10%. I have also opened a money market account where I keep my emergency fund. The book motivated me to take the necessary steps to do so. I have also focused in on my dreams and try to make sure the money I spend is helping me achieve them. I've made small steps so far--and I know that if I stay focused it will happen. Bach emphasizes the importance of small steps--not just in achieving financial goals--but in achieving life goals as well. I plan to re-read this book in a year's time to re-motivate myself and of course congratulate myself on the progress I've made. :)
Helpful for all couples planning a future.......2007-09-04
Much of this information can be found elsewhere. I like his idea of dividing savings into the retirement, security, and dream 'baskets'. Many people do not understand that there are different types of savings and that they are all needed to live a happy and healthy life. He even gives advice on the types of investments for each 'basket'. Most of his advice is invaluable and the book is well worth it.
Self Help Finance.......2007-08-25
If found this book very helpfulas a new married couple. It is an easy read without all the financial jargon and is something you can read and actually put into use. Great resource!
Time Waits For No One..............2007-07-12
I originally purchased this book for my son and his wife, but after a month went by and I discovered that it was still laying near the computer where he left it, I picked it up and read it in one day. The information contained is concise, relevant, on-time and indispensable for any couple at any stage of their relationship, hey, as indicated by a scenario by the author, it might even save their relationship. My son and his wife are young, she budgets and is a spend-thrift but he is Houdini with his money, it just diappears: he can never account for his spending and he has not disciplined himself to save. I take the blame for this lack of discipline because I did not always actively encourage him to save his money. The book even addresses this issue, advising parents how to actively involve their children in financial matters. I wholeheartedly agree with David that financial issues should be taught in school. There should be a curriculum designed to address this deficiency in the American educational system. I just wish that I had had this book when I was married. It would have given me a head start, a tremendous guideline, a map, a light in the tunnel to the financial issues that have confronted me over the years. Young couples, married or not married, sit down and read this, it's practical and it is doable and you will not regret it, believe me...time waits for no one.
get control of your finances.........2007-06-27
This is the book which helped me priortize and organize my financial records and life. The information is organized into 3 baskets(retirement, security & dream) based on their priority. It has helped me immensely to
have discipline and control in my financial life. I followed the steps, plan to maximize my retirement contibution this year, now have a security fund, bought life & disability insurance to secure my family and organized my financial records using inventory planner.
Download Description
Commodities are hot! Learn how to profit now from this exceptional alternative to stock investing. 300,000 new investors start trading futures for the first time every year. Expert insight from a successful trader with over 25 years of real-world experience. Presentation is paced to provide a sound introduction all the way to sophisticated techniques in futures and commodities trading
Customer Reviews:
a balanced introduction.......2007-07-30
If trading is about markets, psychology, technique, then this book is an excellent introduction to these areas. Beeing balanced and only 250 pages, the book does not cover the areas in much depth. This might be a positive or a negative according to what one wants. 5 stars because the book is easy to read and gives an excellent big picture view on trading.
Great Book with a lot pf tips .......2007-05-07
this book is ideal for beginners and pro's that need some directions on how to make things the right way, i must say i enjoyed the small stories in between , overall whoever is looking to begin trading futures it is a must
Excellent Place to Start Your Commodites Trading Education.......2007-05-05
George Kleinman does a fantastic job of explaining the Commodities and Futures markets. Further, he does a great job helping a new trader get some 'legs' to stand on. He provides valuable insight into developing a trading methodology, and helps the beginning trader 'find his way' in the plethora of trading solutions out there. He demystifies how trading is done, and provides solid "Western" and "Conventional" trading practices so that the beginning trader has an excellent foundation to expand their knowledge. I would say that George's suggestions and lessons in the book are the basis for my knowledge (book smarts at this point) and provided the grounding necessary for expanding my knowledge base into Fibonnaci, WD Gann, Candlesticks, and so much more. Basically, it is my opinion that every beginning trader (not stocks but Commodities and Futures) should read this book. He does an excellent job explaining how trades, stops, support, resistance, MACD, Stochastics, Trend Lines, many other various methodologies can aid a trader into making good trades. I highly recommend this book.
Reference book.......2006-07-29
This is a book esp. for begineers. You can find every detail about futures & options. The stories and examples makes the book even much valuable.
Chapter 12 (Traders Psychology), Chapter 13 (Trading Secrets) and Chapter 14 (Jesse's Secret) are good to read even for experienced traders.
The worst part of the book is technical tool TMVTT.
It's a book that you can use as reference anytime. Good to have one.
WRITTEN BY A SUCCESSFUL TRADER.......2006-03-11
If you are interested to start learning about trading Futures, this book is a good reading. Basic to medium level information, well presented.
Book Description
Swing trading is gaining popularity as a powerful method to increase returns—and potentially lower risks—by profiting from short-term price moves. The Master Swing Trader explains how traders can use technical analysis, charting, and market sentiment to make trades that hold through price fluctuations and noise with wider stops. This complete, practical guide to making profitable short-term trades—based on the author’s popular “Mastering the Trade” online course—uses dozens of charts and graphs to illustrate proven swing trading concepts and strategies. Experienced day, position, and online traders will benefit immediately from: - The 7 Bells – unique tools to uncover promising short-term prospects - Techniques to profit from low-risk short sales - The 4 repeating cycles for perfectly timed trades
Download Description
The Master Swing Trader explains how traders can use technical analysis, charting, and market sentiment to make trades that hold through price fluctuations and noise with wider stops.
Customer Reviews:
Hazy Subshine.......2007-10-12
I rated MST two stars because the prose reminds me of Kung Fu's Shaolin Monk, Kwai Chang Caine. Unlike John Murphy, Alexander Elder and Steve Nison, Mr. Farley fails to clearly communicate his ideas and the writing is verbose. I read the entire book, learned a few new things but it was like panning for gold.
A good, if hard to read, trading book.......2007-07-28
I felt the need to post a review because it seems to me most reviewers think the only options for rating a product are 1 a 5. To preface: I'm a college student who has recently been looking into technical analysis. This book was recommended to me by a friend. I don't claim to be an expert in trading.
First of all, I have to agree, this book is incredibly hard to read. The author comes off as an over-verbose pretentious individual.
Difficulty aside, this book gives you an incredible wealth of information on trading. I couldn't disagree more with a past reviewer who claims that this book is marketed as a "Get rich quick". I feel this book is quite the opposite. It gives you a very practical overview of many of the popular indicators and TA techniques(as opposed to say, the introductory explanation as offered in Murphy's) as well as lots of general tips to aspiring swing traders. It then goes on to outline some very thoroughly defined trading systems and all the knowledge needed to execute them.
This book is long and to be honest, painfully boring sometimes. However if you are looking to increase your knowledge of trading, I feel this is a book that should definitely be considered. Look elsewhere if you want a quick weekend read.
No substance.......2007-04-18
There are some good principles in the book, but its way to easy to get lost in all of the repetition and blandness. The section on fibonocci retracements was useful and seems to work well for me in practice; however, I didn't get much else from the book.
One of the Best.......2006-11-12
I had read a lot of reviews over this book before deciding to purchase it. The reviews--more than any trading book out there, at the time--pretty much had the vote split between people who absolutely hated it and those who absolutely loved it. The deciding factor that lead to my purchase was the author (a professional trader of many years) of another book who spoke highly of "The Master Swing Trader"'s author, and the work he had done in writing this piece.
This is not a fluff book to hook you into trading. This book is geared towards those few individuals out there who wish to make trading a profession, rather than a passing fancy. I read a large number of those fluff books during my decision to become a professional day trader. I wish I had picked up this book first, because it goes into all the techniques I now use today in order to be successful. Not only does this book discuss the various trading techniques and their set-ups, along with all so important exit strategies, but more importantly it discusses why price moves in certain directions, why it jumps forth, why it breaks down--basically, it offers rare insights into the psyche of the trading crowd that is the market (all those traders out there who are competing against you).
The writing style has been berated as too 'text-book' in presentation, but I beg to differ. It flows with an elegant prose that distinguishes the author not only as a true trader, but also as a true writer who can hook those who wish to relate to the generously offered insights. Only those who have been through the grueling battles in actual trading scenarios and who hunger to know why things went right or why they went wrong, will appreciate this work and set it up on their bookshelf next to the other trading classics.
If you are used to simplistic writing such as can be found on any dimestore bookshelf, with the likes of Stephen King, this elevated work may certainly be beyond your grasp. If, however, you can digest proper grammer and get past poetic prose, this book will open a window rarely seen before. It is probably one of the best all around trading books ever written.
Good luck to those aspiring traders who hunger to understand market sentiment.
WOW...just wow.......2006-11-09
What a horrible book. The writing style of the author is horrendous! Impossible to follow or even comprehend what he is trying to teach. All the information in this book is readily available online. Save your money and buy "Mastering the trade" by Scott instead.
Amazon.com
Mehmet Oz is a Renaissance man of cardiac care, combining yoga, aromatherapy, hypnosis, energy healing, music therapy, acupuncture, and visual imagery into his surgery practice at the Complementary Care Unit of New York City's Columbia Presbyterian Medical Center. He's adamant that the relationship between traditional and alternative medicine should be symbiotic, not mutually exclusive. His patients are proof of this: when treated holistically, not as just "another transplant patient" with a plaque-addled heart, they perceive less pain during surgery and recuperation, are less likely to suffer depression, and heal more quickly.
While med school at the University of Pennsylvania didn't expose Oz to the holistic healing methods he employs today, his upbringing in Turkey and exposure to cultures worldwide did leave him open to new ideas. Oz helped develop the LVAD, or left ventricular assist device, which helps the heart of a patient awaiting a transplant keep pumping. Piqued when he was asked about his patients, "But has restoring their hearts restored their health?"--and he had to respond, "No"--Oz started incorporating one alternative method after another into his practice. He started with massage after seeing how it rejuvenated his wife after childbirth.
Healing from the Heart is not for the weak of stomach; Oz occasionally gets graphic, such as in the opening heart-transplant scene: "I finished closing the last tiny bleeder, then called for the electric saw, which was plugged in and handed to me by its metallic handle ... the saw cut through the bone like soft pine." If there's anything that might inspire you to pass up greasy French fries, this book is it. Current cardiac patients and their families will be enthralled by the tale of Oz's holistic revolution and his patient-success stories, and other health practitioners would do well to pay attention to what he advocates. --Erica Jorgensen
Book Description
"The medicine of the new millennium."--Larry Dossey, M.D., author of Healing Words
Dr. Mehmet Oz, celebrated heart surgeon and co-founder of the Complementary Care Center at New York's Columbia-Presbyterian Hospital, is spearheading the health-care revolution that is yielding powerful new healing tools that will forever change the way we think of medicine. In this ground-breaking book, he describes his pioneering work--combining cutting-edge Western medicine with such Eastern techniques as acupuncture and chi-gong, as well as such controversial therapies as hypnosis, music, massage, reflexology, aromatherapy, and energy healing. The inspiring and affecting stories of his patients are the heart of this book--from the extraordinary discipline of Frank Torre, who used his professional sports training to "psych" himself into healing after heart transplant surgery, to the "impossible" recovery of blues great Johnny Copeland, who was roused from a seemingly impenetrable coma through the force of his own music. In recounting his patients' experiences, Dr. Oz forges a blueprint for the radical new medicine of the next millennium--drawing on the best from Eastern and Western therapies and empowering patients to become partners with doctors in promoting their own recovery.
Customer Reviews:
An unexpected side effect.......2007-02-16
I rate this book very highly with relation to what it teaches regarding cardial care.
What also struck me is a reference to what he experienced in Turkey, were Dr. Oz spent a vacation as a child or teenager. He refers to this somewhat timidly.
Can you imagine: there was no toilet paper. It was explained to him, that Turkish people, like Indonesians and other Asian people refrain from rubbing an obnoxious substance into a tender skin with paper, which Western people have been led to believe represents cleaning, but rather prefer using water and their left hand.
People that use their right hand's middle finger to signal derision, don't know what they are signaling about. Dr. Oz mentions, that the Eastern method of personal hygiene also diminishes the survival rate of hemorrhoids.
So it would seem that the book promotes health of heart as well as of another , but less admired, part of the human anatomy. A double whammy so to speak.
Not yet Synergy.......2006-11-07
Dr. Oz is, I guess, trying to be a complementary surgeon, and he does okay in his explanations of the typical complements i.e. yoga, music, but he is still a surgeon, and his belief in surgery comes through loud and clear. Just as the "YOU" books are deceptive in their attempt to woo the reader into believing this is a new approach to medicine. Alternative therapies were mainstream medicine long before Oz decided to be a revolutionary. Hard to read a book based on false premises. I much prefer the truth, even it sounds to some as being "too loving." Read Rayna Gangi, Deepak Chopra- let these guys go be surgeons.
Heart on Heart!!.......2006-11-04
Great information and easy read. I learned more in one book than the other 5 I read on the heart and the things we can do to help heal. As a yoga instructor I will recommend this to my ailling students.
The Heart Can Thrive on Positive Thoughts........2006-06-19
Dr. Oz, the heart wizard, is of Turkish descent and attempts to combine East and West traditions of healing during post-surgery. He is a heart surgeon located in New York City. First of all, he is searching for the elusive one universal healing endeavor. Some things we all need are recommended such as Love is a major healing force, as is religious faith in one God. He is of the opinion that modern medicine is not perfect. Nothing is perfect, not even beauty, he says.
Music can be healing or it can turn destructive if your favorite network plays exactly what you dislike the most, as mine is currently doing, as an irritant. Believe me, I have the emails to prove it is done on purpose just to make me hurt. But I push a button until that awful stuff is over, so it really doesn't fulfill the purpose they intend. There are devils on earth.
Pets can be a reason to live. Some are actual life savers for their owners. The purpose of healing is to bring us in harmony with ourselves. Sounds like Depock Chopra.
Our minds and emotions affect our immune systems. Depression, loneliness, and stress (brains and bodies) can cause death. Emotions are not only in our heads but affect all of our body cells. All cells are geared to know what each is supposed to do, independent of messages from the brain.
He talked about the Greek myth of Psyche and Cupid, god of Love. She needed the knife so as to be armed to deal with consequences. Who knows when an ardent lover will turn violent.
A Good Combination.......2006-02-23
The view that all types of medicine (western and eastern) working together makes sense. This book seems to encorage a balance between both. I enjoyed it.
Product Description
Want to know how to trade the hottest new investment vehicle? This book reveals the secrets of profiting from a new and growing investment vehicle the Exchange-Traded Fund. Pulling from experts in the field like Linda Bradford Raschke and Steve Palmquist, this book has all the information you need to begin trading ETFs for profit: Learn the basics of ETFs; how they work, why they re growing in popularity, and how you can get your share of the profits. Discover the way to apply classic techniques to leverage your ETF investments for both the short-term and long-term. Study simple but highly effective mechanical ETF rotation techniques (style, sector, and international) that are now available to the individual investor. ETF Trading Strategies Revealed doesn t end there. Learn from long-time trader and founder of AIQ Systems, Dr. J.D. Smith, what it takes to mentally be the best. When you have the emotional discipline to follow his techniques, you ll find increased profits aren t far behind.
Customer Reviews:
Strategy can be improved.......2007-10-18
Without a doubt, this is a solid, easy to follow investment model that will blow the socks off of many investing/trading strategies. One gripe I have about this book, however, is the fact that Vomund doesn't add market timing. I have conducted many backtests using my own timing model with a 2ETF portfolio with much better results with no timing. 2002 is a good example of how timing would of kept you out of the market until late 2002, when the market started to base. Additionally, portfolio size is critical. I've found a 1ETF portfolio (yes, higher risk) performs exceptional better than a 2 ETF portfolio. I'm sure Vomund incorporates these two areas in his on investing. I just wish he would of addressed them in the book.
Great strategy for your long term money.......2007-09-05
This book is FANTASTIC! If you are looking for a way to do better than the market in a relaxed and simple way, this is it. This is not a trading strategy, its an investment strategy which has given me all of the answers I've needed for investing our nest egg. It is perfect for 401Ks, education accounts, and retirement accounts. Thanks to David Vomund for sharing this with us!!!
Yawn .......2007-08-13
You can get more information from the select sector spyders website, you can even get up to date analysis. The book is a joke, why do people insist on writing such garbage!. Don't waste your time here.
Very useful yet simple to use methods for ETF investing.......2007-07-28
David Vomund has written this book with simplicity and clarity.His approach is very methodical and practical.Novice as well seasoned investors can adopt his method without spending too much time.It is a small book but thoroughly focussed on its principal objective.
David's methodology is very mechanical and its strength lies in its ease of use.
I recommend this book to anyone who is thinking of ETF investing
Rashmi Shah
sleep at night strategy.......2007-05-11
I have followed these traders, espicially D Vomond! He offers very good investment advice, and you do not have to trade every day, hanging on the markets every little or big movement!
Just check things once every week or two and upgrade if needed! takes maybe 10- 15 minutes a week!
I also subscribe to his newsletter service! check my e-mail on the weekend, enter the trade on trade trggers, and off to my life for the rest of the week!
you allways know what ETF's have the most momentum international, sector, or index small, mid, or large cap, groth or value!
Customer Reviews:
Highly recommend this book to everyone.......2007-10-18
Whether you have bad credit or good, understanding the process of how credit scores are tallied, what affects the credit scoring, good and bad, and how it affects you will be one of the most important educational tool you'll need to take control of your financial status. It gives you the ins and outs of how scoring is done, what affects the scoring, how it affect you, how you can improve your score, how it can save you money, potentially affects whether you get a job at certain firms. It also explains how to clean up and/or correct erroneous information; it talks about identity theft and more. This book is for anyone who needs to improve their scores or if you have good credit, how to maintain good to excellent credit, regardless of age.
Your Credit Score: How to Fix, Improve, and Protect ..........2007-06-06
This book is written in the straight-forward, easy to read style Liz uses in her weekly columns for MSN Money. It gives a lot of basic information as well as "how to's." I definitely recommend this book for those who want to improve their score by either fixing it or protecting it.
Wonderful Book.......2007-05-21
When I bought this book, I was very skeptical. It was actually a very smooth, easy read and was very insightful. I reccommend this to anyone who is looking to start fresh with their credit.
Informative, but redundant.......2007-05-12
This Book will give you all the information you need to get the best credit score you can, and if you will follow the book's advice, most likely it will work.
However, the information given in the book could be found on any credit monitoring web-site for free with more accuracy to your situation.
It's nice to have the book at home, but not necessary. Take it only if you refuse to read the advice you get at the different credit report websites
Should be required reading before filling out your first application..........2007-02-12
It's become pretty common lately to hear news stories about your "credit score." But it's one of those things that is not well-understood, nor are the factors that feed into it. This book cuts through all the confusion with clear explanations and great advice... Your Credit Score: How to Fix, Improve, and Protect the 3-Digit Number that Shapes Your Financial Future (2nd Edition) by Liz Pulliam Weston. A little knowledge can save you a ton of money and grief...
Contents: Why Your Credit Score Matters; How Credit Scoring Works; VantageScore - A Revolution or Just More of the Same?; Improving Your Score - The Right Way; Credit Scoring Myths; Coping with a Credit Crisis; Rebuilding Your Score After a Credit Disaster; Identity Theft and Your Credit; Emergency! Fixing Your Credit Score Fast; Insurance and Your Credit Score; Keeping Your Score Healthy; Index
Like it or not, credit bureaus have a large influence on what you pay for loans (and increasingly, insurance). Weston starts by explaining how the whole credit rating concept evolved, as well as the significant players in the game. She also explains how that credit score is used by banks and lenders to predict the likelihood of getting paid back. The lower your score, the higher the probability of payment issues, and the higher the interest rate will be. The book becomes *really* valuable when you start understanding the many myths behind credit scoring. For instance, conventional wisdom says it's a good thing to close out credit card accounts you're not using any longer, thereby improving your credit score. In reality, that action will usually hurt your score instead. Or another example... It's a good idea to have your credit company lower your limit to improve your score. Wrong! Part of the calculation of credit scoring is the ratio of used to available credit amounts. If you lower your credit limit, that ratio goes up (provided you didn't pay down your balance), and your score goes down. It's practical information such as this that makes the book so valuable and worthwhile. Oh, and you wonder why your insurance rates are higher than your neighbors, all things appearing equal? More and more insurance companies are following the controversial practice of charging higher premiums to people with lower scores. Yet another reason to be on guard.
Ideally, you don't run up credit charges and you pay cash for everything. Practically, society is geared towards being able to categorize people based on their credit history. You can use this book to position yourself well for credit expectations without having to go against your principles if you don't want to become caught up in the credit craze. This book should be required reading before getting your first credit card or loan...
Book Description
Praise for THE NEW RULES OF RETIREMENT
"As a Wharton graduate, money manager, Chief Financial Officer, and Certified Financial Analyst, I didn't think I needed help in making investment choices and planning for my retirement. I was wrong. I have been a subscriber to Retirement Watch since 1997. I trust Bob Carlson completely and follow his investment, tax, and planning advice personally."
—Sandy Kagan, CFA
CFO Partner, Tatum Partners
"A clear, practical, and wisely unconventional guide to the new world of retirement."
—Humberto Cruz
Nationally syndicated financial columnist, Tribune Media Services
"Bob Carlson does a magnificent job preparing readers for the many challenging issues they will face over the next several decades. Retirees can no longer count on generous asset returns and employer-provided defined benefit plans. Bob provides readers with creative approaches for contending with these challenges to help ensure financially and emotionally secure 'freedom years'."
—Lawrence E. Kochard, PhD, CFA
Chief Investment Officer, Georgetown University
"Bob Carlson shows that three trends—demographics (baby boomers), increasing longevity, and fewer offspring—have changed forever the landscape facing America's retirees. Stereotype retirement based on Social Security and employer pensions is out; making ends meet on your own is in. Better get yourself ready—and you can do so by reading this book."
—James C. Miller III
Former U.S. Budget Director, Chairman of The CapAnalysis Group, LLC
Download Description
Proven, profitable, and unique strategies for achieving a financially secure retirement In this step-by-step financial program for retirement, nationally recognized retirement expert Bob Carlson explains why people will need more money than they think during their upcoming retirement, then shows them how to use innovative and carefully researched strategies along with all of their assets to ensure financial security throughout their retirement years. In a world in which a long, comfortable retirement has become more difficult to achieve than ever, with workers uncertain of who they can trust, The New Rules of Retirement is both beneficial and reassuring. Robert C. Carlson, JD, CPA (Fairfax, Va.), is Editor of Retirement Watch, a monthly newsletter. The managing member of Carlson Wealth Advisors, LLC, Carlson is also Chairman of the Board of Trustees of the Fairfax County Employees Retirement System, which manages $2 billion in assets, and a member of the Board of Trustees of the Virginia Retirement System, which manages $40 billion in assets. He has published a number of research papers and has been quoted in numerous publications, including Money, Barrons, Readers Digest, the Washington Post, and others.
Customer Reviews:
The New Rules of Retirment.......2007-10-07
This book had more detail on taxes and its effect on planning consequences then I have seen in other books. It have useful information on retirement calculators, and health coverage. Overall this book was more usable to me than some others I have read. It's easy to read and understand. It enlightened me on some points that I had not thought of such as doing your homework on moving to a different location, living and renting in a location where you want to go. You might end up not wanting to move there.
Agree with 90% of the recommendations.......2007-09-23
Over-all, this is a very thorough review of the rules of retirement.
I am a believer in the passive index fund approach to investing as opposed to the actively managed approach.
Carlson advocates 3 levels of investments for the accumulation phase, and all 3 are based on an active versus passive management approach. The first level is his Core level and he recommends actively managed value stock funds.....or actively managed balanced funds (stocks and bonds) like Vanguard's Wellington. I think most investors would be better
served using a combination of Vanguard's Total Stock Market and Total Bond Market funds for this core portfolio. The ratio of stocks to bonds depends on the investor's risk tolerance, as well as their need to take risk. Using Vanguard's passively managed index funds versus Carlson's actively managed approach should result in higher returns to the investor because of the lower annual expenses of the index funds.
Carlson recommends large cap value funds because his theory is that in retirement....retirees can give up some returns in exchange for lower chances in the portfolio declining with value stocks. The Fama-French 3 factor study would suggest that large cap value stocks will outperform all large cap stocks....if history repeats itself in the future. If you believe that history will repeat itself, you could choose a Vanguard large cap value index fund instead of the Total Stock Market fund.
Carlson's other 2 levels of portfolios focus on trying to pick in advance, which asset classes are currently not over-valued.....or be really aggressive and take on high risks with private equity funds. These two strategies are high risk and I know of no long term data which supports this approach performing better than a simple index fund approach. I don't believe either of these 2 strategies is appropriate for most investors.
Bengen's and Bierwirth's studies back in 1994 were seminal events in financial planning in that they found 4% was the maximum SWR (Safe Withdrawal Rate). If the stock market experiences a prolonged drop early in a retirement period, SWR's higher than 4% will cause the retiree to exhaust his portfolio before this death.
In 1998, the Trinity Study also found the same basic results as Bengen and Bierwirth.....and recommended a maximum SWR of 4%.
I have read about some mechanical rules which suggest that you can withdraw more than 4% if you spend less money in years the stock market is down, and more money when it is up. Carlson suggests the Yale distribution rule....in which 30% of the annual distribution is based upon portfolio value. I had not heard of this specific rule before, and I will have to do some Monte Carlo analysis to determine its effectiveness.
I found the book easy to read.....and I agree with his recommendations except for the construction of his investment portfolios.
Are You Using the Right Rules to Plan Your Retirement?
Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pro's
The Richest Man in Babylon
Bogle on Mutual Funds: New Perspectives for the Intelligent Investor
The Millionaire Next Door
The Four Pillars of Investing: Lessons for Building a Winning Portfolio
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition
The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life
The Bogleheads' Guide to Investing
Warnings with hope and answers.......2006-09-28
As the author of a similar book entitled, "When Can I Tell My Boss, I Quit!," I offer Mr. Carlson the highest compliment: I used his book in the research for my book. He alerts the reader to impending problems facing the new retirees but also offers many solid and creative solutions. Mr. Carlson's book is well researched and thorough but easy to read. I've re-read it several times to answer questions I have.
Great book........2006-07-13
I'm getting down to the specifics about my retirement plans, eg--how much do I need in investments, what do I need to do about health insurance, where should my investments be, which investments do I withdraw and when, can I reduce my income before I retire & still make it, etc. I've read several books and so far this is by far the best. It's extremely readable, very specific, covers the big questions well, and takes a common-sense approach. I have a great financial planner but I want to educate myself, too--and I'm recommending this book to my financial planner!
Just what you need to understand what you face...solid .......2005-02-24
If you only read one sentence,let me say this -- this book is a straightforward description of what anyone needs to think about when investing in the new environment, and it isn't a gimmick book with a quick answer.
This book is clear, solid, thorough and sensible on what faces investors today, whether you are in retirement or planning for retirement. The environment is different now -- we live longer, interest rates are lower, the stock market will see ups and downs, and most of us don't have adequate pension plans -- and Carlson clearly explains why the simple rules of thumb and simple strategies from the past just don't fit anymore. For example, he is persuasive in laying out why index investing is not appropriate for many investors. Also, he makes it clear you need to make your own retirement spending budget, not rely on rules of thumb. He also discusses the risk of "buy and hold" strategies. In short, the background to make your critical decisions -- whether about investing, what type of IRAs, annuities, or health care -- is all here.
A final note -- personally, I like the tone of this book. It's very clear and very informative, but it is not a gimmick book oversimplifying things, which is good, because investment and planning for retirement is a serious topic.
Book Description
If you are serious about weight training, you have probably experienced the "plateau phenomenon." You train harder, you consume extra protein in your diet, but you just don't get the strength and power gains that you want. For the last ten years sports nutrition has focused on "what" to eat. The latest research from leading sports science labs now shows that "when" you eat may be even more important. Nutrient Timing adds the missing dimension to sports nutrition, the dimension of time. By timing specific nutritiion to your muscle's 24-hour growth cycle, you can activate your body's natural anabolic agents to increase muscle growth and gain greater muscle mass than you ever thought possible. Nutrient Timing is the biggest advance in sports nutrition in over a decade.
By apply the principles of the Nutrient Timing System, you'll be able to deliver the precise amounts of nutrients needed at precisely the right time to optimize your muscle-building agents and maximize muscle growth, while minimizing muscle damage and soreness after a hard workout. You'll even be less susceptible to colds. You can actually sculpt a better body with more lean muscle mass, less fat, and more power without changing your exercise program or even you total caloric intake. "Nutrient Timing" will show you how.
Customer Reviews:
For Anyone Who Wants to Gain Muscule and/or Loss Fat!.......2007-10-01
Just a few points to summarise:
* Great easy read - not too technical - easily absorbed.
* Contents based upon research findings over the last 30 years.
* Usefully for anyone who wants to know more about the when and why factors in relation to eating, etc.
* Learn how to get your body to do want you want it to do when building muscle or when loosing fat.
Lastly, I have read heaps on bodybuilding forums over the Internet, but the key knowledge contained in this book, hasn't hit the vast majority of people who frequent those forums yet. Money well spent!!!
A must for anyone who wants to build muscle bulk and/or lose fat more easily as part of their normal training program.
Nutrient Timing-An invaluable concept.......2007-09-26
Based on solid, referenced research, the authors take you through the nutrient timing philosophy that can make serious improvements to an athletes performance and physic. This book is geared towards strength athletes but as a Triathlete who trains daily, the system is invaluable in assisting recovery and improvement. The book is easy to understand in the most part, and is detailed enough for the more enquiring who wish to have all the information before making an informed decision.
Great Book.......2007-09-26
This is the missing chapter to weight training and personal training certifications. this is a must have. this book will show you how to use your supplements and diet food correctly.
Very disappointed .......2007-09-14
This book was a big let down for me and it seem's to be out of date . The carbohydrate
to protein ratio per lb of bodyweight is just wrong !! It's far too low . All the information in this book can be found compacted down on the internet , it takes a couple of chapters for this book to explain the information I found in an internet article that prints out on two and a half sheets !!!
I wish that I could find something positive about this book but I cant, it's badly written and very repetitive If you want to spend money on information already on the internet fine (I do it my self) just find a better book than this , the bad, repetitive writing rely make it a chore to read.
Nutrient Timing: The Future of Sports Nutrition .......2007-08-05
This book is a quick read. It contains researched based information about what a trainer should eat prior to exercise, during exercise and after exercise to maximize their growth/recovery.
Books:
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Long Tail: Why the Future of Business is Selling Less of More
- The Magic of Thinking Big
- The New Retirementality: Planning Your Life and Living Your Dreams....at Any Age You Want (New Retire-Mentality)
Books Index
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Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant
