Buy and Hold Is Dead: How to Make Money and Control Risk in Any Market | Date: 28 April 2011, 03:32
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Buy and Hold Is Dead: How to Make Money and Control Risk in Any Market
By Thomas H. Kee
* Publisher: Wiley
* Number Of Pages: 303
* Publication Date: 2009-10-26
* ISBN-10 / ASIN: 0470458410
* ISBN-13 / EAN: 9780470458419
Product Description
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.
From the Inside Flap For many years, money managers and brokers have told us that if we just stay invested at all times, we will make money in the long run. Unfortunately, this has not been true for quite some time. In fact, over the past ten years, all major averages are negative. Buy–and–hold investors have all lost money, and given the current and future economic environment, this pattern is likely to continue for many years. It?s clear that you can no longer rely on your money manager to protect your wealth. This is a responsibility we all must now assume for ourselves. The next step is to learn how to make money in a volatile market—with wealth preservation in mind. Buy and Hold Is Dead will show you how.
In this timely guide, author Thomas Kee, a widely respected Wall Street strategist, introduces you to the Investment Rate Model, a combination of tools that will help you protect your wealth and realize opportunities for the rest of your life. He offers strategies that work in both up and down markets, adjust by themselves, and keep you on the right side of the curve at all times. More importantly, he reveals a refined approach to market strategy that will remove your personal limitations and allow you to take advantage of opportunities whenever they arise. You will learn how to understand current economic and stock market cycles, how to anticipate future economic and stock market cycles, and how to position yourself so that your investments never become a burden again. Kee?s ultimate objective, he explains, is to bring you into what he calls "The Comfort Zone"—a place where your investments no longer negatively affect your emotional state and where market woes no longer stifle your personal life.
The strategies in Buy and Hold Is Dead will change the way you approach your investments in the market, in real estate, or in private business by allowing you to grow without exposing yourself to the risk of loss such as you may have experienced in the recent past. The Comfort Zone awaits you—and this book will show you how to get there.
Summary: A Clear Approach
Rating: 5
Tom Kee provides a clear approach for any investor to use to control and manage their market investments. He keeps it all simple to understand and explains the impact of demographics on future demand for investments. With an understanding of where our economy is now and the role that changing demographics will play in the market, he arms the reader with sound advice and a plan to prepare for coming changes in our economy. His trading advice is easy to follow. Anyone can begin using his trading techniques immediately. But the real strength of Tom's analysis for me is in his "big picture" of where our economy is heading and why.
Summary: Must Read for All Investors: Institutional as well as Individual
Rating: 5
Tom Kee assists investors both institutional and individual in organizing their long term game plans for success. His Investment Rate is not altogether unlike Daniel Arnorld's or Howard Ruff's work in the area of demographics. All have something important to relate in this all to dismissed field. Where Tom adds extra value is in his trading ideas, chart analysis, and economic analysis that has a decided detachment from the usual Wall Street suspects interpretations that are self evidently sell side influenced. I value Tom's work and use it as an aid in my various capacities as public fund board trustee, foundation investment committee member and especially as a proactive investor. This is a must read for all who wish to maintain a steady return on their assets in what will be a very difficult market environment yet to come.
K Boyer
Dayton Ohio
Summary: Great Read!
Rating: 5
I started day trading a couple of years ago when the market tanked. I figured I could lose as much money for me as my broker did. I recently bought Mr. Kee's book for some insight on the market. I was looking for a sound investment strategy without too much risk. I just don't want to get killed in the market ever again. I want my money to work for me but I don't want to "risk it all." Mr. kee seems to have the investment strategy that I am looking for. It's easy to say that you won't use emotion when you invest but difficult to do it without a strategy to follow. This book made me realize that I can do better than my financial advisor, taking the first step was the hardest part. I know that I'm not smarter than the market, but I don't have to be, I just need a game plan that covers me if whether the market goes up or down. The key point to me was you have to be disciplined enough to take a small loss or it can turn into a big one, really fast. Instead of trading on hunches, I now trade with discipline and a real game plan.
Given the state of our economy, these lessons will pay dividends for years to come.
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