Tony Pow

Beating the fund managers Tony Pow

This book is targeted to beginner investors and/or couch potatoes who do not want to spend a lot of time in managing their investments. With the limitations / restrictions of fund managers, we can beat them. This book helps someone looking for simple but profitable strategies in investing. It only takes about half an hour a month to monitor the market and decide what stocks to buy and sell. This book uses the advanced strategies described in my other books but in very simplified instructions. The trick is to make them easy to use from the research information available to us free of charge. This book consists of 4 sections: Simple Techniques, Finding Stocks, Strategies and Advanced Topics. I start with market timing. You should not buy any stocks when the market is plunging. Actually you should sell most of the stocks you own when the market is plunging. For those who can take more risk, buy contra ETFs betting the market is plunging. I have a simple way to spot market plunges. It is based on charts. However, you can obtain similar info without creating charts and there is nothing to subscribe and buy. Although past performances are not guarantee for the future, following the techniques that work for the last two crashes (as of 6/2017) is better than not using any technique. The chart tells us when to reenter the market for the best opportunity to make money. I did in 2003 and 2009. Corrections provide opportunities to buy stocks. However, you have to prepare for the next correction by accumulating cash in advance and preparing a list of stocks you want to buy and at what prices. If you do not have such a list, just buy one or more ETFs. For starters, just trade ETFs and you can skip the latter chapters in evaluating stocks. In the simplest terms, I discussed how to evaluate stocks fundamentally and technically. Use the research available in the free sites such as Finviz.com. Instead of spending hours in researching one stock, you can do the same in a few minutes as others have researched them for you. Initial Date: 01/2021. Size: 105 pages (6*9).