Features
- Cover Type: Paperback with 183 pages
- Published by: McGraw-Hill
- Edition: 1st Edition September 1, 2003
- Written in: English
- ISBN 10 Number: 007142959X
- ISBN 13 Number: 978-0071429597
-
Book Dimensions:
8.8 x 5.9 x 0.7 inches
- Weighs: 8.8 ounces
Product Description
FROM THE AUTHOR OF THE BUSINESSWEEK, USA TODAY, AND Wall Street Journal BUSINESS BESTSELLER HOW TO MAKE MONEY IN STOCKS! Simple-to-follow strategies for making--and keeping--profits in today's perilous stock market More than eighty million investors lost 50 to eighty percent of their savings in the recent stock market crash. Investor's Business Daily publisher William J. O'Neil, however, was one of the first to see--and warn investors about--the dangers inherent in what had been, up to that point, a historic bull market run. Those who followed his counsel were able to sidestep devastating losses and emerge with their sizable bull market profits largely intact.
In
The Successful Investor, O'Neil steps up to tell all investors how they can make money and, more important, avoid losses in up markets, down markets, and everything in between. Showing how mistakes made in the recent market collapse were amazingly similar to those made in previous down cycles, O'Neil reveals simple steps investors can follow to avoid costly mistakes and:
- Buy only the best stocks at only the best times
- Follow a market-tested 3-to-1 Profit-and-Loss Percentage Plan
- Know when to sell for the biggest possible profit
- Recognize chart patterns that presage enormous market moves
- Manage a portfolio over time to maximize its returns
William O'Neil has succeeded in virtually every market environment by following a stable, nonemotional investment plan. In his latest book, O'Neil explains how anyone can follow that plan to become a profitable long-term investor, regardless of market tides or turns.
The Successful Investor will bring reason and welcome relief to all investors buffeted and bewildered by the perils and uncertainty of today's stock market.
Back Cover Copy
Commonsense Strategies for Making--and Keeping--Money In Today's High-Risk, High-Reward Stock Market In today's fast-paced, every-investor-for-himself financial marketplace, it's sometimes hard to tell whose advice you can trust. Still, each day, smart investors around the world choose to trust William J. O'Neil, publisher of
Investor's Business Daily and author of the million-plus bestseller
How to Make Money in Stocks?
Why? Because Bill O'Neil knows better than most how to win on Wall Street--and is legendary for sharing his secrets with anyone who will listen.
In
The Successful Investor, O'Neil outlines how independent investors can move
with the market instead of against
it, and increase their profits by relying on sound, time-tested rules instead of hot tips and irrational greed. Let
The Successful Investor show you how to:
- Buy only the best stocks at only the best times
- Recognize chart patterns that presage enormous stock moves, both up and down
- Manage your portfolio over time to maximize its returns
Bill O'Neil will be the first to admit that he has no inside knowledge about what will happen in tomorrow's market. What he does know how to do is profit if the market goes up, and keep from losing those profits when the markets head south. In
The Successful Investor, O'Neil reveals what his decades in the market have taught him, and outlines a stable, nonemotional investment plan designed to comfort and protect investors buffeted and bewildered by the today's tumultuous stock market.
Reader ReviewsI read O'Niels book How To Make Money in Stocks which was excellent. The Successful Investor covers much of the same information with some new. It is excellent and particularly pertinent to investors who have become "gun shy" after the last three year long bear market.Obviously a lot of new people became investors in the late 90's and were totally unprepared for what happened post March 2000.Fortunately I moved out of aggressive stocks and funds and partially into cash (money market funds) and into other investments that produced a 20%-40% annualized return even during the bear market.IBD is the first thing I read and I read it voraciously. I would not be in the maket without it. In particular, I check the Monday edition with the top 100 stocks based on eps. I AM NOT TOO PARTUCARLY CONCERNED ABOUT P/E RATIOS AS LONG AS THE STOCK IS GROWING AT AT LEAST A 20% LEVEL QUARTER OVER QUARTER.IBD mas finding these stocks so easy.In 2003 I stayed with tech stocs even though many thought they were overbought, had risen too far and too fast. I bought good names like INTC, DELL, IBM, CSCO, YHOO and EBAY. I also bought some no tech names based on eps and information found in IBD.Interesting is that these stocks are still moving up despite continually hitting new 52 week highs.The Successful Investor covers an easy 5 step method that anybody could follow. O'Niel once again has a chapter on CAN SLIM, the whole basis of his system---which does really work.The Successful Investor is a must read for anyone who is currently in the market or wants to be. I also recommend Winning On Wall Street by Martin Zweig and More Wealth Without Risk by Charles Givens. In More Wealth Without Risk, Givens details his "money mvement strategy" (a technique that I used back in 2000 and still use today) which has you in the best investment for the times.Good luck with your investments!