Top positive review
2 people found this helpful
It's a repeat of CAN SLIM w/ personal success stories. Good book.
on July 11, 2013
Very good book. I like the way it's formatted and it was different than I expected. The CAN SLIM system is repeated in this book so if you read the other How to Make Money in Stocks books you're not going to get anything different. Reading how others have used the system is worth the read, at least it was for me.
The way the book is structured is it talks about the system you'll use with IBD. This reads like a big advertisement for all of IBD's services, but all of the How to Make Money in Stocks books do that. After if goes through the IBD system then it goes through how other people have used the system. The only thing I didn't like was it doesn't talk about the cons of the system and what to look out for. You'll spot some pitfalls here and there, but it really doesn't give you an honest overview of how it is to invest. You're not always going to have the rosy returns the book describes.
The other way the book is structured is it will give you a host of examples from other users first and then highlight their methods in an overview. I like the way it is structured because it makes it very easy to go back and review. I'm reading on the kindle and kindle app for the iPad and the way it is written makes it easy to go through the pages and find good advice.
The advice is very good and not everyone in the book goes about picking stocks in the same way. You'll find that a lot of the methods are similar and the methods I see popping up the most are the ones I implement into my own strategy. I also did not mind the repeated overview of the CAN SLIM system. I actually found that the way she wrote it out was easier to understand.
Reading these books can be hard to get through because it does feel like an advertisement than a strategy book, but their strategies are a part of the services IBD provides. I've used the IBD strategies and services. I have earned more than I've lost, so I do love the system. If it just so happens you have no idea if you want to purchase a subscription to IBD I would recommend you do get it. Especially the two week try out. I got a two month digital edition try out for just $25. If you can find that, that's a good value. I personally do not subscribe to the paper. I think it's a waste. I get the digital edition. The digital edition offers you the online services as well as access to the newspaper through the IBD app. I like the app because I can go through a number of previous issues and I can get the current issue by 2AM. The digital issue is cheaper and the paper edition will tack on a few more dollars. It's not worth it unless you just like newspapers. You'll get the same services with just the digital edition alone.