A Millionaire's Secret Investment Strategy [Paperback]

Steven R Selengut (Author)

Book Description

Publication Date: September 30, 1999

An investment book written by a professional investment manager who became a stock market millionaire years before he began running "other people's" investments. This book unveils a step-by-step secret portfolio asset allocation model for low risk stock market investment success. No gimmicks, complicated programs, or guarantees of instant fortune, the book teaches real world asset allocation and investment principals and provides an easy to apply formula for selecting stocks and for selling them profitably. The book introduces the Author's unique approach to objective based portfolio performance evaluation and provides numerous insights into the workings of Wall Street. The investment tools needed for success are explained and the rules required for "greed control" are stipulated.

Editorial Reviews

Review

A detailed description of this millionaire's Secret Strategy will guide you through the basic principals of investing and more. -- Kim Gaona

It's time to stop humming "Money Money" in the shower. You need practical advice. You need "A Millionaire's Secret Strategy. -- Marlene Jaeckel

Learn from a Millionaire. A strategy that guides you through the principles of investing and more. No genius; no problem. -- Kim Gaona

Thinking of becoming a millionaire? You need the practical advice in Steve Selengut's Millionaire's Secret Investment Strategy. -- Marlene Jaeckel

From the Publisher

A Millionaire$ $ecret Inve$tment $trategy!

"A secret stock market investment strategy for low risk investment success. Asset allocation and stock selection models.One of the finest non-technical finance and investment guides ever written"

Scientific Value Investing: Excerpts

All the myths and craziness surrounding Wall Street are "undressed" in this provacative, "no-holds barred" action book. A successful, 20 year experienced, Investment Manager and "Investments Only Millionaire" describes in detail how to Manage Your Own Money in any investment environment! Here are some excerpts:

"The principals that allow "the rich" to seem so smart are easily assimilated into any size portfolio, even one that doesn't include movie studios and professional sports franchises."

No matter how complicated we like to think the investment world is, there are really only two classes of "investment" securities."

"The wise investor understands that real wealth has been secured when you no longer have to put serious dollars at risk!"

"It's important to understand that investing is in no way an intellectual pursuit in which "research", "information", and "business degrees" are more important than common sense, greed control, discipline, and experience."

"What we really need is a manuscript written by a millionaire who has made the millions investing (not predicting, writing, or reporting)."

"The stock market is the world's largest known breeding ground for hindsight. Fact!"

"Volatility is more a function of what's reported in the media than the actual fundamentals of companies and economics. And this is precisely what creates the opportunity for profit!"

"The Stock Market is the only "store" in the world where the standard sales pitch translates into: 'If you buy this stock right now, Mr. Investor, you will have paid more per share than any other human being has ever paid. Ever!"

"Issue breadth is the single most accurate barometer of what is going on in the stock market on any given day, period!"

"Unlike buying opportunities (which are abundant more often than not) profit taking opportunities are precious and must not be squandered."

"Wall Street doesn't want you to know that ignorance is the playing field for the investment game."

"No amount of "past", be it analyzed by a shoeshine boy, a group of little old ladies, or 100,000 PhDs equals "future". And "future" is where you are going to be."

"90% of the movement [of stock prices] in our markets is the result of "institutional" trading! And these guys are a whole lot more into politics and marketing than they are into investing!"

"Stay away from any person, product, system, or computer program that claims to be a cure for the problem of changing interst rates."

"The only people who are unhappy with market corrections are those (buy 'n holders) who didn't take their profits during the last rally!"

See all Editorial Reviews

Product Details

• Paperback: 105 pages
• Publisher: Steven R Selengut (September 30, 1999)
• ISBN-10: 0971516308
• ISBN-13: 978-0971516304
• Product Dimensions: 8.8 x 5.9 x 0.3 inches
• Shipping Weight: 7.2 ounces
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #4,140,079 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

11 of 12 people found the following review helpful:

5.0 out of 5 stars WAIT -- Buy his new book instead!!, July 15, 2002

By 

Philip Gomez (Moon Township, PA United States) - See all my reviews
(REAL NAME)   

This review is from: A Millionaire's Secret Investment Strategy (Paperback)

The author, Steven Selengut, has refined and expanded the initial work that he published in Millionaire's Secret Investment Strategy.

His new book is called The Brainwashing of the American Investor.

Having read both books, I can say it's definitely worth it to pick up his newer one -- there's lots of tips and other topics covered which greatly aid one's understanding.