Train to Outslug the Market
Author | : Martin Sosnoff |
Publisher | : Made For Success Publishing |
Total Pages | : 230 |
Release | : 2021-02-18 |
ISBN-10 | : 9781641466196 |
ISBN-13 | : 1641466197 |
Rating | : 4/5 (197 Downloads) |
Download or read book Train to Outslug the Market written by Martin Sosnoff and published by Made For Success Publishing. This book was released on 2021-02-18 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Train to Outslug the Market is about sharpening your perception, how not to overstay markets, and build stock positions that can work out brilliantly. Have you owned Microsoft, Amazon, Apple, Facebook and Alibaba these past five years? Wall Street jitterbugs, day after day. Soo…. how can you come out on top? Stocks churn like commodities, fluctuating as much as 5% intraday. Nobody’s there to take good care of armchair investors. Pie chart money managers and banks like JPMorgan Chase, adhere to the traditional 60/40 ratio for clients’ portfolios, but they scatter shot capital into oil, commodities, emerging market debt, foreign currencies - whatever. It makes them look profoundly busy. Past years, these pundits pretty much ignored the NASDAQ 100 Index which has outperformed traditional indices like the Standard & Poor’s 500. Within is the schema for your money management. Know when to buy stocks and when to check out. Don’t assume the Street’s pundits get it right even half the time. Historically, the Federal Reserve Board is not your friend, zigging rather than zagging. The analysts’ consensus on specific stocks, usually is sketchy and off base.