buy-stock

This book delivers, I did not know about options prior reading, the simple and yet comprehensive presentation allows to develop a good grasp of how to use options on a conservative and solid fashion.
What he advocates (protection and enhancement) of a portfolio is well presented and plan to use his advice.
More likely will now seek more information and knowledge with more elaborated books (not sure is really needed) but the basics are here.
thank you Wolfinger

I found this book to be just what I was looking for. After a complete introduction to the topic, Mr. Wolfinger helps the novice options investor clearly understand one conservative strategy. The author is very dedicated and thorough in explaining the concepts. He makes no assumptions that the reader has previous knowledge of what he teaches, yet he is never condescending. I also appreciate the easy to read font size. The text is large enough that I can read it without my glasses! Many thanks to the author for having the patience and know-how to start a beginner from "square one". I look forward to other books on the subject by this author.

Enjoyed this book! It delivers as promised. I picked it up hoping to get a clear understanding of options and how they work. I was more than pleased, as this book provided all I was looking for, and more. The author presents material in pleasant, easy to grasp language. I now have a very clear understanding of options. The covered call writing strategy sounds good to me. I never knew it was so easy to obtain some safety for my stocks. I have already opened my options account and my broker is offering encouragement.

As millions of other novice investors, I lost substantial amounts of money because I "confused the bull market with brains"

In Dec 2002, I decided to get back into the market, taking advantage of the low prices. But I still didn't have a clue how to pick stocks, especially in unfamiliar industries. Surely, this time I would not wait until stock picks were discussed at parties.

This book was right on target. I feel much more confident in my abilities to research and manage a portfolio than ever before.

One of the most important books I read in the past ten years.

I rarely buy books about investment because I am afraid that the advice will be too complex. I let others choose my stocks and then hope it somehow will work out. Entirely by accident, I bought this book. What I liked about it, from browsing through it in the store, was its clear language. I could understand its common-sense advice. This book paid off since I was able to get the advice that grabbed my curiosity, was clear and to the point. It gave me some pointer as to who to trust with such important decisions like chosing where I put my money. Due to the souring economy, it's so important to educate yourself as you make your investment choices. This book was invaluable tool for me and a great starting point.

I could not put this book down, even though I am not a religious reader of business or finance books, this book kept my interest and I finished it in two nights!
Such great and simple and common sense idease, it is very refreshing and I will follow the advice for sure.
A must read for everyone, I am making my son (he is 13) read it too.

From covering all the thoughts that go through ones heads at the time of pressing the trigger, to all the consequences of these thoughts. Everything is covered in this book.
Then it helps one create a strategy for buying based on facts rather than emotions.

I would recommend this book and When to Sell above most books about trading.

I can't say enough about the series of When to Buy, When to Sell, and The Nature of Risk. Ironically, I bought the When to Sell years ago, read it and shelved it. It's pages would have saved me a bundle over the past year. As the worst seems to be behind us, knowing when to get back in is key. Simply written with great examples, make this book a must own.

Dear Author!

Just bought two books from Amazon, Put option writing and covered call writing. Thanks, your books are very useful, I will recommend to some of my friends about these wonderful books

Thanks again,

Readers
Kenny

I would highly recommend this book to any stock investor who is looking for some new ideas to earn back the money they've lost in the bear market. Who ever heard of being paid immediate cash to wait to buy stocks at a lower price? That's what this book taught me to how to do. It sounds too good to be true, but I know it works because I've done it after reading the book. I wanted to buy the Nasdaq 100 Trust (QQQ) at a lower price. Instead of just waiting to see if it went lower, I wrote put contracts on the QQQ at my buy price using what I learned in the book. I collected $485 in cash in my brokerage account the next day. The stock didn't hit my price, so I didn't buy it the first month, but I got to keep the $485, which was a 24% return on an annual basis. The next month I did the same thing (collected $625 this time). My price was hit and I bought the QQQ shares for 15% less than the price when I started this. In the meantime I collected $1,110 while I waited to buy my shares for 15% less. This is explained so well that anyone can do it. Nobody I know seems to know about this. It's all in this book.

In the large market of mutual funds, there is a good chance that you can choose the wrong fund. This book will teach you the ways in which to investigate, buy, and trade mutual funds. I found the information contained about each mutual fund, it's purpose, value, etc. to be in depth and easy to understand. The explanations of statistical data are to the point, and the mutual funds listed as the best are convincing. Williamson explains the do's and don'ts of mutual funds and all of the lingo is explained. Get this book before you buy a fund!

How to Buy Stocks the Smart Way provides welcome information to investors who want to make smarter and more profitable decisions about their stock investments. The book reveals insider secrets behind savvy stock selection. I found very helpful tips on how to reduce risk, how to get the most from my investment dollars, and how to find out which stocks are attracting attention and are the best buys now. Most of us invest to provide ourselves with a financially secure future. This book provided me with commonsense principles of intelligent investing plus how to achieve a successful long-term investment program.

This is the best and most informative and usable book on the stock market that I have ever read and is suitable for investors at all levels, even beginners. I wouldn't take $100 for my copy if it couldn't be replaced. The book is not based on theory but a proven portfolio management formula developed and tested sense the 1970's. I am using the method described in the book with success. The book is not a "get rich quick" scheme but a how you can make a steady 20-30% return on your investment safely. The author is very helpful and well informed on the market. The first author I have ever written to that the author will respond promptly and with a willingness to help. The author Jeff Weber also publishes a very informative and useful newsletter for only $15 a year in HTML format. Get this.... the newsletter tells you the stocks that have been thoroughly researched and recommended for this method of investing thus practically all the work is done for you. The author also has an informative web site at: http://jjjinvesting.com I give this book a 5 Star Plus. Buy it -is my recommendation. Feel free to contact me at jimboo@pldi.net if you desire more information on this book.

"No-Load Stocks" was a very informative book. What it teaches you could be very worthwhile when you go to invest in the market. It uses great real-world examples to relate the stock market and investments to the "novice".

I didn't realize many things before reading this book. It cleared up some very murky waters for me, so to speak. First off, it tells you just how much the brokers take away when you have to go through them to invest. I didn't realize that you have the ability of making so much more money with no-load stocks. Some of the only drawbacks it points out are no-load stocks have maximum amounts you can invest, and the administration fees they charge for them tend to be high on average.

Overall, I would highly recommend this book to first time investors. Perhaps even well-schooled investors looking to "freshen up".

After reading this book and following through with the information it gives, ANYONE can invest in the stock market. Not just second rate stocks either, FIRST rate companys. Research and patients are all that it takes.

Like "Buying Stocks Without A Broker" This book is a must read for new and experienced investors. After reading it, I have contacted three companies and am waiting their prospectus and application.

This is a great book to understand stocks and debt instruments market. The author explains the various stages in the growth of a company using his fictional Pocket Pole Company and his writing style is lucid. This is a book dealing with a considerable number of terms and Hecht's examples helps one in easily grasping the concept.

The book is big, more than 400 pages long and covers various investment techniques using Stocks, Bonds, Treasury Bonds, Mutual Funds and also discusses the making of a stock market, guidelines to follow while investing etc. It is really a wonderful read for anyone interested in understanding money flow and how corporations are born.

Personally, I enjoyed reading about Pocket Pole and the author's comparison of Pocket Pole with companies like IBM and Walt Disney. It is amazing to note that this book is around half a century old and the concepts haven't really changed.

One thing I didn't like about is that the book needs to be updated, and should discuss the Enron and the recent stock market crash. Louis touches upon incidents of 1994 and I feel that a revision is very much due!

Overall, a great book if you are new to the investment market.

The world is full of books that claim to teach you how to make millions starting with nothing, in only a few minutes a day. Unfortunately, these books skip over the basics that everyone needs to know about buying stocks. Where can you get those basics? How to Buy Stocks is the source you need.

I would suggest that you first read John Bogle's book, Common Sense on Mutual Funds, to determine whether or not you will even want to buy individual stocks. For most people, indexed mutual funds are a much better alternative. If you've read that book, and want to have a small portion of your money in directly purchased stocks, then you are ready for this book.

I have read dozens of books on how the basics of how to invest in stocks, and think that this is the most valuable and objective one around.

I had an amusing experience a few years ago. I attended a "sophisticated" seminar on stock market investing that was very expensive, and found that main speaker drew all of his material from this book. So you can save a lot of money, and simply buy, read, and use this book in the first place.

Another benefit of this book is that is dispels a lot of myths about stock market investing that most people have when they first start to invest. I routinely give this book to family and friends who want to know more about investing. By the way, I consult with large companies who want to improve their stock price, so I have a useful perspective on this issue from my work.

After you finish enjoying this book, I suggest that you pay particular attention to the section on writing covered calls. That is a very good way to increase your returns if you plan to hold your stocks for a long period of time. You will find this approach works best after you have passed the capital gains holding period, or for IRA money (or any other tax-deferred accounts).

Compound your wealth appropriately!

As a beginner in investing, I had a hard time understanding the market terminologies. I did not know how the market works until I found this book. In this book, you will learn the basics of investing; how the stock market works, mutual funds, common stocks, preferred stocks, bonds, options, trading on margin, selling short, how to deal with brokers, and a lot of other topics. One thing that I found confusing is that the author talks a lot about the rules of investing in the 60's, 70's, 80's and 90's, to an extent that you got confused and don't know what is the current investing rules. You have to dig between the lines until you get the information you are looking for. I think it is not important for us to know the investing rules back in the 60's. Other than that, the book is excellent and definetly should be in your library, at least as a reference.

When I picked up this book, I expected something similar to the book All About Market Timing, which overall I thouht was a good book. However, I got something very different in this book. This book consists of an introduction to a handful of indicators, such as on balance volume, the macd, moving averages, stochastics, and some subjective price patterns.
The description of these indicators seems okay to me, although nothing special. He has a brief section on options, where he makes a lot of extremely dubious claims, including the often-repeated professionals sell options, amatuers buy them. I suppose if you repeat this lie often enough, somebody is bound to believe it. He goes on to describe what is apparently his preferred option strategy: covered calls. There's nothing wrong with covered calls or being long premium or any other option strategy, but to claim that one is correct and the others are wrong is quite questionable.

He also is fond of uncovered puts, as a viable option strategy -- unfortunately, this strategy does not work out over the long term; you make steady small profits until you encounter a 10+ sigma event in the market, and get blown out. The lessons of LTCM and Niederhoffer should not be forgotten, especially given that equities markets trend far more than one would assume based on a log normal distribution. High probability trades are not always good trades!

I'm trying to get a handle on the intended audience of this book. It seems to be intended for people new to a technical approach to the market, and if that's the case, I don't think it'd make it to my top 100 list of such books. If someone is new to technical approaches, i'd probably recommend the much smaller (and in my view, much more useful) The Visual Investor by John Murphy.

Overall, I think this book should be avoided like the plague. There's nothing new in this book, just rehashed age-old advice, some of which is dubious, some of which is good.

This book has an exellent balance between TA and prescriptive action. It's not enought to be able to read a chart, you have to know when to act and what action to take given what the chart is telling you. This is not the very best book on TA, it is the very best marriage of TA and practical advice as to what to do with the TA. For example. Both for long and short positions he has a long check list you should make copies of and go through for each stock you take a position on. Further, he has three excellent case studies on buying into an established trend, buying a long term breakout, and buying into a repidly moving market. His 6 chapters on Selling Short are the only reference materials I could find when researching a book on shorting, still in print, of any substance. Again there is a checklist and case studies. Finally, his two chapters on Market Myths should be posted above every online investor's computer.

As a long-time avocate of investing on both the short and long side of the market I love the symetrical thinking throughout this book. There is just no way you will become a good investor unless you adopt this symetrical view because as every investor must realize by now, the market doesn't just go up, it goes up 2/3'rds of the time, and down 1/3rd of the time at twice the rate. It's a pitty this book is so little known. If you are on the perverbial desert island, this is the investment book you want. If you want to get into the nitty-gritty of TA look at the Bible, Technical Analysis of Stock Trends 7th Edition by Edwards and Magee. ISBN 0-8144-0373-5. Mere mortals should prefer Alexander's book. Best of trades!

RocketRoys

As good a book as you will read on Technical Analysis as it relates to the Stock Market. Very well written and edited with lots of charts demonstrating real case histories of the strategies employed. All the material was practically presented in a clear and logical manner. In short it was a an easy read which is good because you will want to return to it often to review key points of interest. Stresses the importance of looking at the markets from first the long term (months) to the intermediate term (weeks) and finally to time your trades using the short term (days). Well done and thanks.