- ISBN13: 9780452295827
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
The essential stock market guide updated with timely strategies for investing after the crash
Now in its fourth edition, Jason Kelly’s The Neatest Little Guide to Stock Market Investing has established itself as a clear, concise, and highly effective guide for investing in stocks. This comprehensively updated edition contains tried-and-true investment principles to teach investors how to create and refine a profitable investment program. New strategies … More >>
The Neatest Little Guide to Stock Market Investing, 2010 Edition
#1 by Zachary Hughes on June 17th, 2010
Quote
This book is a great book for anyone looking to invest money in the stock market. I have read many investment books and stock trading books and this is one of only 3 books that I would advise a new trader or investor to read.
The author, Jason Kelly, starts by explaining “Why Stocks are Good Investments”. Jason points to strong and true facts that show that owning stocks is one of the best ways of increasing wealth over time. He explains how you make money in stocks and goes into the difference between “total return” and “capital appreciation”. Jason then explains why companies even sell stocks and how that works. If you are new to stock investing or trading and you do not have a clear understanding of this then you should read this. There is a quick section also about how to choose a broker to help you buy and sell stocks.
Jason then goes into “How to Evaluate Stocks”. He explains the difference between value and growth investing. Jason does a great job of defining and explaining all of the most common terms in evaluating the fundamentals of companies including: current ratio, EPS, ROE, Net Profit Margin, P/E, and P/S. Then he explains common terms for evaluating the technicals of the stock price including: SMA, MACD, RSI, relative price strength, and volume. Knowing and understanding these terms is a must for anyone who wants to invest or trade in individual stocks.
After reading the 1st 3 chapters you will know half the things they teach you in a 4 year Business Degree. Believe me, I have a degree in Business.
Then Jason tells you “How the Masters Tell Us to Invest”. Here he summarizes how each of the best traders and investors of all time advise individuals to build wealth. He covers Benjamin Graham, Phillip Fisher, Warren Buffet, Peter Lynch, William O’Neil, and Bill Miller. You could read whole books about each one of these investors or you could just read these sections in Jason’s book where he breaks down their main points. Jason then has a section where he finds the common points that all these investors share called “Where the Masters Agree”. This section will be the backbone for the strategy of the author.
Jason then explains “How History Tells Us to Invest”. Here Jason explains some backtesting on various investing methods and shows that combining Value and Growth Investing is one of the best ways to build wealth over time.
Then we get into the real meat of the book. Section 4 “Permanent Portfolios” introduces you to easy to follow strategies to beat the market over time. This is where both new and experienced investors who have not read this book before will be able to really benefit by reading this. If you are someone who wants to beat the market by only looking at and adjusting your portfolio for a few short minutes about 4 times a year then these strategies are for you.
Jason also has the most exhaustive list of resources for stock research I have ever come across. When you read “Research to Riches” section you will have a gateway to all the best data on stocks available through many many sources.
In “This Books Strategy” Jason explains how we will use the “Permanent Portfolio” to build our fortress of wealth and then create and maintain a watch-list of individual stocks that we will send out of our fortress of wealth when the time is right to bring back even higher returns. Jason thoroughly explains how and where to gather information and compare it to stocks you already have on your list so that you are not overwhelmed by all the data and stock gurus available. Jason explains when may be good times to buy and when may be good times to sell stocks. He also has a very interesting way of tracking your performance and reviewing your choices to learn from the past.
And of course he has an investment website and “Letter” to compliment what we have learned in this book. The website is a great way to read his recent observations which he updates with new articles on a regular basis and is available to anyone for free. And he has the “Letter” which is a very affordable service (about $5.35/month I think) where he emails members on updates of his portfolios and his view of the market direction. I recommend at the very least to check it out on his website where you can find a sample “Letter” and see how his portfolios have performed against the “market”.
Rating: 5 / 5
#2 by T. Porto on June 18th, 2010
Quote
Can’t really speak much about his strategies, but as a beginner’s guide to investing int he stock market, this is exactly what i was looking for. Many important statistics are explained, lots of resources are pointed out, and many successful investors are briefly covered. In general a great overview of the stock market. Got me excited to try my hand at investing.
Rating: 5 / 5
#3 by J. Norris on June 18th, 2010
Quote
I’ve got to say Mr. Kelly did an Amazing job with this book. I have been on a quest for knowledge for some time now and this was the Holy Grail…so far. Out of the half dozen or so books on investing that I have read in the past two weeks…this was the best.
I like the approach Mr. Kelly took with stock tracking and also the explanation that went into calculating ratios and other items pertaining to growth and valuation.
The only down side is that Mr. Kelly bases a large chunk of his research on the Value Line Stock Survey which is quite expensive (but it sure is handy)
Thank you Mr. Kelly for this very informative yet easy read.
Rating: 5 / 5
#4 by Richard Forno on June 18th, 2010
Quote
I find that the best sources of realistic, actionable financial insight and analysis come from those people located far, far away from “Wall Street” — Jason Kelly is one such source.
Jason Kelly’s 2010 update is a fantastic addition to any investor’s library be they just starting out or experienced. As with his weekly Kelly Letter, the book’s tone is common-sense, conversational, and friendly … yet provides a hidden wealth of useful insight and/or friendly reminders on controlled individual investing.
In particular, I found his discussion of the seldom-mentioned Value Averaging as a viable long-term wealthbuilding methodology that I will begin incorporating into my own retirement account. That’s one of the strategies he offers readers for their consideration — however, contrary to the comments made by other reviewers, he does not focus exclusively on using leveraged ETFs and his discussion of them as trading tools both is fair and properly-explained to readers who may be enticed by their potential returns. In fact, his Value Averaging method is UNLEVERAGED, which is why I like the idea for a long-term investing style.
I have recommended his book to others and will do so here in my first Amazon review, too.
(Disclosure: I’m a Kelly Letter subscriber and been investing/trading for over 20 years in various capacities.)
Rating: 5 / 5
#5 by Ronda Ferreira on June 18th, 2010
Quote
I have been interested in investing for about a year now and have read just about every beginner investment book on the bookstore shelves. I just finished reading this one for the second time and it is hands down THE BEST of them all. After reading this book I feel I have a good understanding of both technical and fundemental analysis, I can read stock charts with comprehension and I’m able to understand AND implement different investment strategies. The most helpful chapter in this book, however, is the one that reviews the various financial websites and publications. The author gives a brief summary of all major news and financial research resources as well as the strengths and weaknesses of each. He even provides contact info. I can’t find a thing wrong with this book. There is nothing confusing about it. And just when you start to feel like you’re on information overload, the author throws a bit of humor into his explanations and you can’t help but smile and keep reading. It is perfect for the new investor.
Rating: 5 / 5
#6 by Nixchan on June 18th, 2010
Quote
any one like to buy and sell shares in colombo stock exchange i will be guiding you.
Pingback: Market Commentary and Intraday News