Customer Reviews

The America's Finest Companies Investment Plan 1998: Double Your Money Every Five Years

5 star:		(3)
4 star:		(2)
3 star:		(0)
2 star:		(0)
1 star:		(0)

 

 

This book provided me with a rational approach to picking stocks. It avoids technical analysis, and focuses simply on companies with at least 10 years of increasing dividends OR earnings per share. My only criticism is the lack of explanation of how high vs low dividend stocks will affect performance. In other words, he says pick randomly from his universe, irrespective of PE or dividend, and expect to beat the S&P 500. However he does emphasize industry diversification, and regular reinvestments.

I have read more financial advice books than I care to count and this book was the one that finally made sense to me. I have been floundering around, investing here and there, without a feeling of actually knowing what I was doing. Mr. Staton's methods are a great comfort to new investors, especially those with limited funds. It takes the guesswork out of wondering whether you're investing in a solid company or one that will fold before you have a chance to make a profit. Mr. Staton lists hundreds of companies that have stood the test of time and you can feel comfortable investing in any one of them. I found his book to be easy to follow, with a lot of solid and practical advice. I feel as though I finally have a real investment plan. This book is a treat for long-term investors and for those who are new to the investing universe.

Bill Staton shows you how to say goodbye to the fund managers that cost you money each time they buy and sell in your mutual fund. Buy your own good stocks and hold them forever as Warren Buffett would tell you to do. Balance your portfolio each time you buy using Bill Staton's guidelines. A child can use this method, and Bill shows this it in some of his examples. Buy it and prosper.

Bill Staton's strategy is about as boring as the old Power Sweep of Lombardi's Green Bay, and USC's "Student Body Right" some decades ago...

It's also just as effective.

This book is all about teaching you to feel comfortable investing in a very easy to read and entertaining format. I highly recommend that anyone interested in controlling their own financial destiny give this book a read.