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Super Investing: 5 Proven Methods for Beating the Market and Retiring Rich Kindle Edition
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- File size : 650 KB
- Publication date : September 27, 2016
- Print length : 224 pages
- Word Wise : Enabled
- Simultaneous device usage : Unlimited
- Text-to-Speech : Enabled
- Enhanced typesetting : Enabled
- X-Ray : Not Enabled
- Language: : English
- ASIN : B01M0AI97B
- Lending : Enabled
- Best Sellers Rank: #2,754,014 in Kindle Store (See Top 100 in Kindle Store)
- Customer Reviews:
Top reviews from the United States
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Just having the data, explanation and method for ONE way to average 15% a year over the long haul is worth a lot to me. And this book has five.
It's excellent. Another thing I like is that this book is NOT about becoming a "genius stock picker" where you try to forecast the future potential performance of different companies. Instead you get more mechanical systems that rely more on science than art.
If you're looking for ways to improve your performance in the market I can't imagine you wouldn't find several worthwhile things in this book.
This book is full of meat, so its small size is very deceptive for all the material inside, especially the relevant reviews of history and how several billionaires REALLY made their fortunes. I like the personal biographies of men like Getty and Crassus who were the riches in the world but blew it. The key point though are investment systems that will help you beat the market over decades because they are fundamentally sound and HAVE worked for decades. It has everything boiled down into exactly what you need to do to forget buy and hold and beat the market with very little effort. Bodri says he wrote this not just to help me re-orient my mind to long term investing, but so that I finally have a book I can give my kids that isn't full of fluff but of the principles they need to adopt for success in investing, which they will need in these coming decades (I agree with him on that), and yet it has enough interesting stories from his dealings in creating hedge fund systems and dealing with high net worth people that teenagers and college students will find it really interesting rather than boring, especially as his writing style focuses on making interesting connections. Basically you learn how compounding using any of these techniques will help you achieve a million dollar portfolio by the time you retire, and you better get at it because you cannot expect the government (or even corporations) to be there for you in the future.
Bodri hopes you'll have excess funds that you can use it to do great things in the world, but what you do with your "Legacy IRA" or :generational Wealth," as he calls it, is up to you. It's the dream of every investor to amass such riches, but no one uses simple systems long enough to amass such wealth, but this book finally provides the systems that have religiously worked for forty, fifty, and eighty years or more through thick and thin, good times and bad.
Another thing I like was the section on end game investing strategies. I cannot count the number of books I have on Elliott Wave deflation predictions, currency wars, bond collapses, hyperinflation scenarios and the like that are far thicker than they should be when all I want to know is what should I do in each type of financial crisis or disaster. Finally someone wrote it down and explains which of four strategies is likely to protect and grow your wealth, and that was just the bonus section of the book. I always wanted fund names or companies to go to and here they are. Gold is analyzed quite clearly and now I know why it goes up during deflations, negative real interest rate periods, and when there is worry about the reserve currency.
If you want to invest in the stock market according to interest rate trends, the best simple model Bodri ever found is in there. If you want to use momentum rules, I was astounded at the 20% per year results from these simple models for the more active investor. Usually only value investors can get those returns over three to four decades or more. As to value investing, my thinking has been entirely reoriented after I read what Warren Buffett was really doing in building his cash compounding machine, and how Benjamin Graham, father of security analysis, threw all that complicated stuff away at the end of tis life and just started doing investing based on two variables. If Super Investing didn't reveal this fact, I would still be thinking you have to spend hours and hours dissecting stocks and their balance sheets when it couldn't be simpler. After all this I'm no longer going to be running after high flyer stocks, but even if I cannot help myself, I think his adaptive seasonal charting method will help protect me.
That's one of the biggest things that blew me away was Bodri's new "adaptive seasonal forests" and "factor seasonal forecasts" that give you the annual seasonal price patterns of stocks and market indices under different economic environments. Where was this stuff during my past twenty years of investing when I could have used it? This has opened up an entirely new way for me to avoid getting into stocks at exactly the wrong time/price, and tells me when to get out or raise my stops. Did it call the Apple top? I got his free software revealed in the book (yes, that's worth the price alone) and it did. Got the BP bottom exactly,too. This tool alone will make this book an investment classic. I'm sure others will try to steal the glory and claim they invented this, but here it is and he even gives away free software so you can do it yourself. Five stars for the free charting software. How can I thank this guy? Where else can I get $600 worth of software for a $25 book?
I don't want to go over the normal Personal Finance type principles covered in this book, such as the fact that the system you use better match your investing style otherwise you won't stick with it no matter how good it is. All I can say is that the author delivered far more than promised…there are actually more than five simple investing systems he reveals, but all are SIMPLE systems that can be categorized as one of five different methods: seasonality investing, interest rate investing (or getting in and out of the market based on technicalizing fundamental information), relative strength investing for domestic and international markets, value investing, and dividend investing (and writing options). The author isn't big on dividend investing (or buying options) because the funds don't perform as well as value investors, and yet gives an impressive technique on this type of system. His idea is to generate cash flow whenever possible, like Warren Buffett, and to eschew speculation since that is not investing but gambling.
Super Investing has the normal wisdom we would come to expect in a book on investing, but also goes further because it has words of wisdom on personal finance. All the methods with its five proven system categories have stood the test of time, and he explains which components of each system were responsible for its success. There are even some short guidelines on mega-trend investing for the mega-rich who can do things smaller investors cannot do (it sounds like he is thinking of writing a book on this based on his experiences), and of course crisis investing advice for the common man. This book truly isn't just for you. To parents of high school and college graduates, BUY them a copy of this book. They will then avoid many of the mistakes you made in your own investing career if they use these rules and take these principles to heart. They will be twenty years ahead of their peers in investment wisdom and financial security and with a long enough compounding future ahead of them, using any of these methods, they will be set on the right trajectory that can achieve the goal of retiring well off and creating a Legacy IRA. If I used any of these system years ago, I would definitely have the level of generational wealth I see is possible, but no one ever gave me systems that work over forty or city years in beating the market at less risk, and which work despite wars, recessions, depressions, currency wars, banking crises, and so on.
Once again, a basic book for your library. It needs to be in it. I don't usually write testimonials but it's so good, and so worthwhile for my kids that I could not resist writing a long one.