Synopses & Reviews
Big Money, Little Effort provides everything prospective investors need to know about making the world's money markets work to their advantage, enabling them to turn basic investments into a winning portfolio. Big Money, Little Effort shows how to tailor portfolios to suit particular circumstances. Author Mark Shipman employs anecdotal and personal examples to discuss, in layman's terms, different investment strategies. Of particular use is a list of FAQs asked by the public, a glossary of financial terms, and a list of useful resources.
Review
Mark Shipman argues that the secret of making a fortune is knowing your own mind. This accords with many stock-market millionaires I have met from Jim Slater to Warren Buffett.” The Sunday Times (UK)
Synopsis
From the best-selling author of the Next Big Investment Boom, this book provides everything you need to know about making the world's money markets work to your advantage, enabling you to turn basic investments into a winning portfolio.
Big Money, Little Effort shows you how a straightforward, manageable and stress-free investment system, if properly applied and monitored, can protect you from the volatility of the world's stock markets while ensuring consistent returns on your original investment. In an industry awash with different (and often very vocal) opinions, the author removes the mystique that often surrounds stock market investment and explains his own tried-and-tested system for managing your investments - a system that can be operated and maintained in a short amount of time, once a week.
The book includes a glossary of financial terms and a list of further reading resources. Whether your investment is large or small, Big Money, Little Effort is the essential guide if you want to make positive returns from the stock market.
About the Author
Mark Shipman has been in the financial industry since 1979. After working for a major international investment bank and training as an accountant, he left to establish one of the UK's first independent alternative investment fund management companies. Shipman has worked as a consultant to various high net worth investors and institutions, and he also teaches his methods of investing to the public.
Table of Contents
Contents
About the author
Preface
Acknowledgements
Introduction
1 But why bother?
2 Be careful who you trust
Fund managers; Broker/analysts; Tied advisers; Independent financial advisers; Other professionals
3 How to spot the friend from the foe
4 You can beat the professionals
5 But
A failure to set goals; A failure to plan; Assumption; Procrastination; Requiring perfection; Trying to buy the lows and sell the highs; Allowing your emotions to control your investment decisions
6 Systematic investing
7 The benefits of evaluating a system
8 Disciplined market timing
9 Market timing vs buy and hold
10 The psychology of following a system
11 Is that all there is?
12 The Turtles
13 The Long-Term Investment System
Moving averages
14 The rules
15 An operational guide
16 Where to invest asset allocation
Stock market index timing; Individual stocks and shares or sectors; How much?
17 The major stock market indices
The Standard & Poors 500 Composite Index (United States); The Dow Jones Industrial Average (United States); The NASDAQ-100 Index (United States); The FTSE 100 Index (UK); The Dax 30 Index (Germany); The CAC 40 Index (France); The Nikkei 225 Index (Japan); The Hang Seng Index (Hong Kong)
18 The System historical performance
S&P 500 Composite Index historical record 00; S&P 500 Composite Index historical performance summary
19 The 1987 Crash
20 Conclusion
Appendix A: Useful contacts
Appendix B: Stock market index investment products
Appendix C: Top 20 largest stock exchanges
Glossary of financial terms
References and further reading
Index