Book description
Overheard a seductive stock tip? Saw a story on a promising new product? Stop chasing quick payoffs that will never pan out. If you want to succeed in the market, start thinking of stocks as money machines.
Investing in the market doesn't have to be reckless speculation—gambling on guesses about zigs and zags in stock prices. Money Machine explains how to invest based on value, selecting stocks that will continue to enrich you for years to come. Value investing is the secret to the success of Warren Buffet, Benjamin Graham, and other Wall Street legends. It can be your secret, too. Discover how to:
- Judge a stock by the cash it generates
- Determine its intrinsic value
- Use key investment benchmarks such as price-earnings ratio, dividend-price ratio, q ratio—and the Bogle and Shiller models
- Recognize stock market bubbles and profit from panics
- Avoid psychological traps that can trip you up
- And more
The stock market is not a get-rich-quick scheme. But it is the best way to achieve the financial success you've always dreamed of. Money Machine will help you make those dreams come true.
Product information
- Title: Money Machine
- Author(s):
- Release date: June 2017
- Publisher(s): AMACOM
- ISBN: 9780814438572
You might also like
book
Work Your Money, Not Your Life
Your all-in-one guide to getting your career and finances in order — for greater clarity, happiness, …
book
The Money Compass: Where Your Money Went and How to Get It Back
Between the ongoing recession, the collapse of the housing market, and the crumbling of the middle …
book
The Money Formula
Explore the deadly elegance of finance's hidden powerhouse The Money Formula takes you inside the engine …
book
The Wealth Dragon Way: The Why, the When and the How to Become Infinitely Wealthy
Stop procrastinating and become financially free, by building asset-based wealth and creating passive income. The Wealth …