Product Description

A strategy for safely investing in mutual funds that will return 30% to 50% annually with this simple 2-step proven method. Written by former brokerage company owner who tells exactly how to do it working less than one hour per month. Never be caught in a bear market. Read the first chapter free on the web site. Book purchasers also receive a one-year subscription to Mr. Thomas' monthly financial newsletter at no additional charge.

Product Details

• Amazon Sales Rank: #589904 in Books
• Published on: 1999-11-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 144 pages

Review
"If you're so smart, why aren't you rich?" Well, here's a book by a guy who is smart and (presumably) rich. -- Mensa Journal, March 2000

About the Author
Albert W. Thomas has spent most of his life in the field of finance. In 1965 he founded an insurance company, Security Dynamics Investment Corporation, after having been an agent and General Agent for several life insurance companies. In 1970 he became cofounder and president of Real Life Estate, Inc. that marketed a unique real estate and life insurance package. After he became interested in commodity trading he bought a seat for his personal trading on the Chicago Open Board of Trade now known as the MidAmerica Commodity Exchange. Later he became a full time floor trader and also acted as a broker for a few select clients.

In 1981 he sold his membership and with his wife, Carolyn, lived full time aboard their 41' ketch, the Aumakua (that means guardian angel in Hawiian). They sailed in Florida and the Bahamas for two years.

In 1984 he founded World Trading Group that grew to be the seventh largest introducing commodity brokerage firm in the U.S. with 35 offices fro coast to coast, Alaska and Canada. It was sold in 1992.

Al is a graduate of Northwesrn University Business School with a B.S. Commerce and is a member of Mensa. He is now president of Williamsburg Investment Co, Inc. and also trades stocks, options and mutual funds.

Customer Reviews

The Real Oracle of Speculation
LIfe is full of choices, the authors objective is not to make you rich, it is simply to make you a better investor/trader. Almost all investing is speculation, it's just measured in time. The book is based on a realistic philosophy that has come from decades of experience. The choice you must make is what type of quality of life you want? The author has communicated through the pages that the only one who cares about your money is you. Only .2% of market participants account for 90% of profits, this book eludes to why that is. In reality, protection of your principle is the most important aspect of any trade or investment. The fact that 90% of the shares are owned by 10% of the population should shed light on the traditional market pyramid structure. Certain mutualfunds have performed quite well over the last 30 years, they serve three principles, provide for retirement, a better return than a bank account and keep up with inflation. What mutual funds you are in depends on the time and effort you put into your financial awareness. No one knows what will be the best investment or trade over the next 30 years, but applied knowledge is power. Whether or not you make money is not dependent on what book you read, it is the information you have and what you do with that information at a specific time. YOU ARE THE RISK MR INVESTOR/TRADER/SPECULATOR, YOU ARE EITHER AN ASSET TO YOURSELF OR A LIABILITY. GOOD LUCK, YOUR GOING TO NEED IT WITH THESE POLITICIANS ON BOTH SIDES.

So Simple but So Valuable
This books has some rather simple points. However, don't mistake simple with low value. these points are extremely valuable. In fact by folowing his advice I was able to avoid losses while the market was heading for a downturn. And when the market begins to come back I'll be ingreat position to make outstanding gains in the future. Mr. Thomas also has a newletter the is quite insightful and allows you to see what he's thinking every few days about the market. I highly recommend this book and his newsletter.

BEST BOOK ON INVESTING (stocks, funds, options, etc) I HAVE EVER READ
If It Doesn't Go Up, Don't Buy It, revised and updated

Hello everyone. I HIGHLY, HIGHLY recommend anyone that has money in stocks, mutual funds, options, or anything really to BUY THIS BOOK. I am not an investing expert. I did study Finance at the University of Texas at Austin - McCombs School of Business. I got a 3.9GPA, I guess that gives me SOME credibility in the subject matter (in the sense that im not a musician or whatever). Just to keep the record straight, grades aren't everything and definitely do not mean you should trust someone, but I digress. Regardless, this is the best investing book i have ever read.

The concepts are really simple but extremely important and so so obviously self evident once you know them and understand them. As i said, i studied finance but during my college career i did not ever come across better investing advice than this. Not ever. In college you are taught about the fundamentals, about theory, about what should happen, about where prices SHOULD go, about what the VALUATION of something should be FUNDAMENTALLY speaking. This is supposed to be used to make investing decisions. This is advice in THEORY sounds correct. In practice, it is not.

Although its easy to tend to think that the market should align with fundamental valuations (even though fundamental valuations themselves vary widely), the market really does what it wants, there are too many variables. Market pricing in the LONG term (years) should follow the direction that fundamental analysis indicates, but in the short term (months) and medium term (quarters, half years) it is impossible to predict market behavior with fundamental analysis in a realiable way. TECHNICAL ANALYSIS OF WHAT IS REALLY HAPPENING, of WHAT IS ACTUALLY HAPPENING (during say the last week, the last 2 weeks, last month, last 2 months, last quarter, last 6 months, last year, etc) IS WHAT MATTERS, PERIOD, NOT WHAT IN THEORY IS SUPPOSED TO HAPPEN, theoretically/fundamentally.

Do not focus on what should happen (whatever your very advanced, superior, educated prediction might be)FOCUS ON WHAT IS HAPPENING. Just ride price movements, and have a strict risk management strategy. Meaning cut losses, never allow them to accumulate, dont wait too long, just get out. Just follow the advice given in the books title. Last but not least, the book has some good humor and is written in a straightforward manner. Easy read. Great book. Thank you very much for your advice. The book will give you the basic tools to make the most money you can, as fast as you can, with the most safety. Greetings from Lima, Peru. Salud!