Buy And Hold Is Dead

An eye-opening look at how investors can take control of their financial life Buy and Hold Is Dead provides actionable strategies and disciplines, which can be used to earn positive results in any market environment. Money managers rarely outperform the stock market over time, and this has become a sticking point for many people as our uneven economic landscape continues to unfold. This timely guide is designed around a step-by-step educational process in which traders and investors lean how they can protect their wealth and make money regardless of market direction. The goal of Buy and Hold Is Dead is twofold: to dispel old-school investment techniques and to show you how to maximize your returns without sacrificing time or lifestyle and without the use of a money manager. Identifies the duration of the current economic down cycle and warns of a Greater Depression Encourages readers to use proactive trading strategies that can protect their wealth and make them money in any market environment Discusses why investors cannot afford to rely on the selfish guidelines imposed by big brokers and money managers Losing less is never a winning strategy, and this book skillfully addresses why it should not be considered a positive result despite relative market performance.

Whether you're a professional investor or just want to trade like one, Buy High, Sell Higher will show you how to pick winners, maximize gains and minimize losses...In this book, you'll learn how a stock's price is just the beginning of the story, and that other indicators like moving averages and volume can help you to spot stocks that have momentum. You'll also learn how to determine the optimal moment to buy a stock, when to sell it, how to protect yourself against sudden reversals in the market, and how to capitalize on moments when other investors are retreating. What's the best month to buy tech stocks? To sell an energy asset? And what is the one-day of the year that you should never, ever trade on? Answers to these and other questions are just some of the insights that Joe Terranova shares in Buy High, Sell Higher. Terranova is a series regular on CNBC's Fast Money and the Chief Market Strategist for Virtus Investment Partners, a firm with over $25 billion in assets under management. Prior to joining Virtus, he spent 18 years at MBF Clearing Corp., where he was the director of trading and managed more than 300 traders. And as viewers of CNBC's Fast Money know, Joe is a master at demystifying the forces that drive today's markets. So why not let him show you how to use telltale signs to spot investments that are poised for lift-off.

Patience May Be A Virtue, But It Isn't An Investment Strategy. The current academic and financial planning definitions of "risk" are changing at light speed, but the notion of what constitutes "risky" investment strategy for informed investors is still stuck in the dark ages. Wealth management expert Kenneth Solow takes a fresh look at the investment industry's reliance on Buy-and-Hold investing, exposing the flaws and potential dangers of this investment approach in secular bear markets. Patiently waiting for stocks to deliver historical average returns does not rise to the level of an investment strategy, according to Solow, who recommends a different approach called Tactical Asset Allocation. A provocative and thoughtful critique of the current state of the money management industry, Buy and Hold is Dead (AGAIN) is an invaluable investment guide for our financially challenging times.

The objective of this paper is to create a metric, called the MT-BH indicator (Market timing- Buy and Hold) to determine when conditions are favorable for the opposing investing strategies of buy and hold or market timing. Macro-economic variables of GDP growth rate and inflation growth rate are then regressed to explain the favorability of buy and hold or market timing investing strategies. Using MSCI returns from 44 countries for the period of 1995 thru 2008, I found that high levels of inflation rate and GDP growth rate were both significant and favored a buy and hold investing strategy. Conversely, a market timing strategy was favorable when GDP and inflation rates were low or negative. These results were robust to country level of development and negative market return years within each country. The MT-BH indicator gives investors and brokers a metric which provides a signal when to adjust investing strategies from a buy and hold strategy to a market timing strategy.

Status quo investing is dead, and a growing number of investors want to take advantage of the risk-reduction features of active management. In this second, expanded edition of his prophetic 2009 classic, Ken Solow reveals the secrets of the successful active manager as he walks you through the proprietary methods of his own firm. A provocative and thoughtful critique of the current state of the money management industry, "Buy and Hold is Dead (AGAIN)" remains an invaluable investment guide for our financially challenging times.

Status quo investing is dead, and a growing number of investors want to take advantage of the risk-reduction features of active management. In this second, expanded edition of his prophetic 2009 classic, Ken Solow reveals the secrets of the successful active manager as he walks you through the proprietary methods of his own firm. A provocative and thoughtful critique of the current state of the money management industry, "Buy and Hold is Dead (AGAIN)" remains an invaluable investment guide for our financially challenging times.

Drop Dead and other words of wisdom: A collection of radio essays that distill years of market wisdom into about 90 seconds bites In this third update you can read the original observations and then the details of just how brilliant those observations were by following how the companies and stocks performed after the original pieces were written. No one word or phrase captures the range of these essays. The entire investing world is explained, skewered and observed. Mistakes are laid bare. Lessons are learned. Techniques are mastered. < Alright – mastered may be a little strong > Techniques are described. Experienced investors will chuckle knowingly. Novices will scribble notes in the margin. Day traders will see the light. My mother will shake her head in confused disbelief “This is the child that gets published ??? Why couldn’t it have been one of the smart ones ??” Be the first on your block to own the third edition of Words of Wisdom -- my favorite kind of trilogies … the kind where we only need to edit the first two.

Each year we pay billions in fees to those who run our financial system. The money comes from our bank accounts, our pensions, our borrowing, and often we aren’t told that the money has been taken. These billions may be justified if the finance industry does a good job, but as this book shows, it too often fails us. Financial institutions regularly place their business interests first, charging for advice that does nothing to improve performance, employing short-term buying strategies that are corrosive to building long-term value, and sometimes even concealing both their practices and their investment strategies from investors. In their previous prizewinning book, The New Capitalists, the authors demonstrated how ordinary people are working together to demand accountability from even the most powerful corporations. Here they explain how a tyranny of errant expertise, naive regulation, and a misreading of economics combine to impose a huge stealth tax on our savings and our economies. More important, the trio lay out an agenda for curtailing the misalignments that allow the financial industry to profit at our expense. With our financial future at stake, this is a book that analysts, economists, policy makers, and anyone with a retirement nest egg can’t afford to ignore.