Money-rate-of-return

Related Subjects: Mixed-account
Book reviews for "Money-rate-of-return" sorted by average review score:
Currency Management: Concepts & Practices
Published in Paperback by Association for Investment Management & Research (December, 1996)
Authors: Roger G. Clarke and Mark P. Kritzman
Amazon base price: $29.95
Used price: $15.95
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Average review score:
Growing Rich With Growth Stocks: Wall Street's Top Money Managers Reveal the 12 Rules for Investment Success
Published in Hardcover by Prentice Hall Press (14 May, 1999)
Authors: Kirk Kazanjian and Don Phillips
Amazon base price: $25.00
Used price: $0.10
Collectible price: $5.08
Buy one from zShops for: $1.95
Chill winds frequently blow through the financial press. If it's not the Y2K thing, it's the simple fact that stocks have been growing so fast for so long that there just has to be a disaster on the horizon. But you'll find no gloom and doom in Getting Rich with Growth Stocks. Kirk Kazanjian retained five top investors to share their secrets and their outlook on the future, and the result is a book that's refreshing to read and easy to absorb. It doesn't mean that there isn't a hurricane brewing somewhere offshore; it just means that after the hurricane has passed through, the warm breezes will return.

The five investors--Donald Yacktman, Robert Stovall, Shelby Davis, Roy Papp, and Elizabeth Bramwell--share a remarkably consistent view of the future: If an investor consistently picks stocks that meet certain criteria (global sales, a high probability of continued growth, low price/earnings ratio relative to the rest of the market), he or she will get very rich.

Likewise, they share a disdain for international stocks (it's cheaper to buy American stocks that do business overseas), trend-of-the-moment plays (what goes up like a skyrocket can and usually does fall like a rock), and market timing (be in the market all the time, they counsel).

Kazanjian organizes their investment advice into a dozen principles, and intersperses profiles of each investor with their respective picks for the "10 growth stocks for the 21st century." Those generally include the usual suspects--Microsoft, GE, Intel, Merck--and are hardly the point of the book. By the time you're done reading this, you should be ready to pick your own high-ceiling stocks, sit back, and imagine those ocean breezes. --Lou Schuler

Average review score:

Not worth beans
This book is not worth beans. Another group of hucksters trying to make a fast buck.

Complete waste of time
Unfortunately the recent bull market has generated an entire group of would-be financial experts. They write useless books on the subject they have hard time grasping. This book is a good example of a book that can actually hurt you as an investor. Mr. Kazanjian obviously has little or no idea about such things as asset allocation and modern portfolio theory. His bright idea is: "Hey, High Tech is hot, put your money into it!". I wonder what exactly Mr. Kazanjian would tell his readers know, when Nasdaq is down, bull market is over and his readers actually lost money. Complete and utter waste of time.

Growing Rich With Growth Stocks
Don't buy the book for an entertaining read, unless you just enjoy reading about the personal home life and/or chidhood of famous investors. I found that part irrelevent and very boring.

The book is well worth its price, however, for the top ten growth stock picks by each of the five featured investors. That's really the only information of value in the book, but they probably couldn't sell very many copies of a 5-page book, so you're stuck with the filler.

The Book of Interest and Money: A Compendium of Everything You'll Ever Need to Calculate Yields, Rates of Interest, and Rates of Return on Investment
Published in Hardcover by Ballinger Pub Co (February, 1990)
Author: Thomas M. Carrington
Amazon base price: $32.95
Used price: $4.25
Money Markets and Bonds: How to Safely Earn Higher Rates of Return on Your Savings
Published in Paperback by Moody Publishers (September, 1994)
Author: Austin Pryor
Amazon base price: $4.99
Used price: $2.59
Buy one from zShops for: $3.00

Related Subjects: Mixed-account