|
The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down (Little Books. Big Profits) | 
enlarge | Author: Peter D. Schiff Publisher: Wiley Category: Book
List Price: $19.95 Buy New: $11.15 You Save: $8.80 (44%)
New (47) Used (11) from $11.15
Rating: 23 reviews Sales Rank: 171
Media: Hardcover Pages: 264 Number Of Items: 1 Shipping Weight (lbs): 0.7 Dimensions (in): 7.1 x 5.4 x 1
ISBN: 047038378X Dewey Decimal Number: 332.6 EAN: 9780470383780 ASIN: 047038378X
Publication Date: October 6, 2008 Availability: Usually ships in 1-2 business days Shipping: International shipping available Condition: BRAND NEW
| |
| Also Available In:
|
| Similar Items:
|
| Editorial Reviews:
Product Description The Little Book that helps investors avoid big losses in an economic downturn In the wake of falling stock and real estate prices, the American economy is poised for a decade-long bear market, so says Peter Schiff. After he accurately predicted the current market turmoil, savvy investors should pay attention--and start protecting their assets now, before the markets take their toll. The Little Book of Bull Moves in Bear Markets shows investors how to stay safe and stay liquid during economic downturns. Using economic history as a guide, Schiff looks at the bear markets that followed the bull markets of the 1920s and 1960s to predict what the American economy will look like after it corrects for the tech and real estate bubbles of the 1990s and early 2000s. Combining financial, economic, and political perspectives, Schiff looks at what worked in those earlier bear markets and predicts what strategies are most likely to work over the next ten years. In the end, Schiff argues that the next decade will most closely resemble the 1970s, complete with inflation, rising interest rates, and soaring commodity prices. This reversal of trends will make past investment strategies obsolete and pose a challenge for investors trying to build and protect their wealth. Smart investing will always pay off; the key lies in using the best strategies for the market at hand. For investors who see the writing on the wall but don't know what to do about it, The Little Book of Bull Moves in Bear Markets offers a timely, critical answer.
|
| Customer Reviews: Read 18 more reviews...
Time Will Tell December 3, 2008 Thomas Tunstall Like a lot of good investment advice, Peter Schiff's may have come a little early. Commodity prices have gone into free fall since the summer of 2008 when the book was written, while the US dollar has strengthened dramatically. However Schiff's logic is fundamentally sound - much like the gang at The Daily Reckoning, Schiff tells us why we can expect things to turn out as he predicts. It is hard to imagine how time will not ultimately prove his thesis correct.
Makes you think about your own portfolio November 30, 2008 70zboy (Chicago) This book will make self investors think about how to allocate their own investments. Markets have really fallen apart since the book went to press. Of course commodity sectors, international and emerging markets have fallen as much or further and the dollar has risen. I think Peter Schiff's analysis deserves a lot of merit and the selloffs in the overbought commodities and emerging markets areas gives investors a great opportunity to reanalyze their own portfolios. Great read!
Essential for the new economic paradigms November 24, 2008 Dando (Seattle, Wa USA) If you believe that there will be a significant change in global economic paradigms over the next 10 years, consider this book as part of developing an applicable investment strategy. Basically the author is focusing on commodities as they will do well in an inflationary period and, reading between the lines, commodities never go to zero (unless one is so leveraged up that one is forced to sell when commodities sell). Fortunately for us small investors the author does provide a road map to utilize his strategy by way of ETFs. With the government rolling the printing presses to shore up and stimulate our economy, inflation will result. This book examines the issues with inflation and how to invest in response.
A must read November 23, 2008 Charles Lagreca (San Diego) This book will scare your pants off. It may also save your pocket book. Read it quick.
Quickly, Cling to your Guns and Religion! November 23, 2008 mike ferry (OC, CA) 2 out of 5 found this review helpful
[Alternative titles to my book review] Chicken Little writes Little Book for Big Investors (or) United States Economy Implodes Permanently Degrading Standard of Living and Quality of Life of Everybody You Know And Send Christmas Cards To and All I Got was this Lousy Tee Shirt (or) Hey Buddy, Thanks a $Million (But in 2008 dollars that's only 25 cents)! So my wife woke up this morning and told me about her dream, "We were at the movie theater, and we ordered: popcorn, chicken strips, a hot dog, and two drinks; and it costs $340. I thought that was a lot of money, but we were hungry, so I paid it." Then I involuntarily spit out my mouthwash and laughed. The funny part is that she hasn't read Peter Schiff's book yet. The sad part is that some dreams might come true. When I read The Little Book That Beats The Market (Joel Greenblatt), I learned how to assemble a stock portfolio using a long-term winning formula. Now Schiff's book's title suggests that I will learn some great investor kung-fu moves to counteract a crummy market (when I finally do get a portfolio). Nope. No point in reading any of the other Little Books, because the little people like me are in for some big hurt. That dream of getting rich by reading those other Little Books evaporated with reality's intrusion as presented in Bull Moves in Bear Markets. As we've heard in the movie Aliens, "Game over man, game over." At least, I'll know what hit me. In all fairness to Mr. Schiff, I sought his book out after his numerous TV appearances. I respect his opinion. It's just that I didn't expect him to actually tell me the truth about the undergoing transformation of the United States from the globe's pre-eminent economic colossus to a floundering turd world backwater. So just because I call Peter a Chicken Little, doesn't mean that the sky isn't falling. Question (Mr. Schiff or any or you smart people): We learn in money economics classes that a dollar deposited in the bank can multiply to 5 dollars. Well, that was so '80's. Now what with financial derivatives that same dollar can multiply from 10 to 20 dollars. With this $ collapse: 1) aren't those type of lending days over?; and 2) with credit barely being able to pass through the eye of a needle won't this factor into a shrinking of the money supply even as gabillions of paper dollars are rolling off the presses? If so, can this factor offset inflationary pressure? Even though there aren't that many shopping days left until Armageddon, I still recommend Peter Schiff's Little Book. Here are some other book recommendations to see you through these challenging times. When Technology Fails (Matthew Stein): I haven't read this book yet, but having it in my closet helps me to sleep better at night. The Boy Scout Handbook (Boy Scouts of America): tells you how to: identify forest vegetables and cook them with a stick, rappel, tie knots, and treat frostbite. The Art of Doing Nothing (Vienne): What with no job and no money, doing nothing might just be the new doing something. The American way is to take nothing to a higher level.
|
|
| . | |