The Neatest Little Guide to Do-It-Yourself Investing | 
 enlarge | Author: Jason Kelly
Publisher: Plume
Category: Book
List Price: $13.00
Buy Used: $4.27
You Save: $8.73 (67%)
New (6) Used (22) from $4.27
Rating:  10 reviews
Sales Rank: 478372
Media: Paperback
Edition: 1st
Pages: 192
Number Of Items: 1
Shipping Weight (lbs): 0.4
Dimensions (in): 8 x 5.4 x 0.5
ISBN: 0452282845
Dewey Decimal Number: 332.6
EAN: 9780452282841
ASIN: 0452282845
Publication Date: January 15, 2002
Availability: Usually ships in 1-2 business days
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Product Description
Written with the trademark flair and financial expertise that have made his guides to Stock Market Investing and Mutual Funds so invaluable, Jason Kelly's The Neatest Little Guide to Do-It-Yourself Investing uses real-life success stories to show how individual investors can reduce risk and make money in any market. From thinking like an investor to creating a profitable portfolio, readers will learn everything they need to know about:
* How to cut costs by being your own full-service broker
* How consistent investing offsets the risk of roller-coaster markets
* How Behavioral Finance can keep Dr. Greed and Mr. Fear at bay
* The importance of dollar-cost investing
* The pitfalls of investment software
Plus:
* Top 7 recovery portfolio picks
* 401(k) advisor
* "Investor Tools" sections in each chapter
Featuring an in-depth look at stock market facts, fallacies, and financial faux pas, this eye-opening handbook is filled with invaluable resources to help readers overcome risk and create and maintain personal finance security.
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| Customer Reviews: Read 5 more reviews...
 Nice :-) November 4, 2008
Graham J. Velasco (Whittier, CA USA)
There was some coffee damage but for under a dollar who cares? lol Really good condition besides that. Thank you so much :-)
 He's just another opinion June 3, 2008
Stock Student (Clearwater, FL)
First of all it should be noted that Jason's recommended long term investments that he says in the book would be good for the ages have not panned out at all. All were destroyed by 9/11 but whose to say such an event won't happen again. Nonetheless it greatly questions the wisdom of buy and hold strategies like his. Some of the companies don't even exist anymore after only 7 years. From my experience there are better systems, and I agree with another reviewer, why would you buy something careening downwards at high volumes?? Just dumb.
 Good info on resources, not so good advice October 10, 2007
Glenn Corey (Canton, OH, USA)
Jason Kelly provides some great resources for do-it-yourself investing, in particular Investor's Business Daily and other publications. He is rightly harsh on analysts and economists, who are notoriously wrong in their predictions on the direction the market will take. However, I think some of his advice can be very harmful for your portfolio. In particular, I'm thinking of averaging down and buy and hold. If you learn just a little bit about technical analysis and trend following, which is not too difficult, you will learn how to spot trends. When a stock is trending down, why would you put more money into it? On the hope that it will go back up eventually? It may indeed go back up, but not for a long time. There are lots of examples of stocks, including IBM, GM, and many others, that lose 75% of their value and stay way down for a very long time. You need to set a sell-stop to protect your capital. Also related to the cyclicality of the market in general and individual stocks in particular, every stock goes through cycles. Again, using basic tools of technical analysis you can learn to spot trends and close your position in a stock that is trending down.
I have read several books lately about learning how to build your own trading system and investing in general, and the best ones always stress the importance of having an exit strategy, knowing when to sell. Even Warren Buffet occasionally closes a position, like his current unloading of Petro China and his dumping of his silver a few years back. Don't just blindly buy and hold. That's a losing strategy.
Give "Stan Weinstein's Secrets For Profiting in Bull and Bear Markets" a try.
Informative for the beginners October 27, 2004
M. West (Fort Lauderdale, FL)
4 out of 4 found this review helpful
When I picked up this book and began reading, I fast realized that I already knew what Mr. Kelly was delivering. The URL's for many websites are helpful. In a nutshell, if you need help to understand dollar cost averaging, then this is the book for you. Jason also provides varying suggestions on where to come up with funds to invest in the market. This is an informative read for stock market starters.
Easy to Understand May 24, 2002
3 out of 5 found this review helpful
This book is written in a way that is easy to understand for someone who is new to investing. For those familar with investing it gives some great ideas to try. Kelly resources that he recommends are all excellent. ...This book is well worth the read, I highly recommend it.
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