-Titulo Original : The 3% Signal The Investing Technique That Will Change Your Life
-Fabricante :
Plume
-Descripcion Original:
Take the stress out of investing with this revolutionary new strategy from the author of The Neatest Little Guide to Stock Market Investing, now in its fifth edition In todays troubling economic times, the quality of our retirement depends upon our own portfolio management. But for most of us, investing can be stressful and confusing, especially when supposedly expert predictions fail. Enter The 3% Signal. Simple and effective, Kellys plan can be applied to any type of account, including 401(k)s -- and requires only fifteen minutes of strategizing per quarter. No stress. No noise. No confusion. By targeting three percent growth and adjusting holdings to meet that goal, even novice investors can level the financial playing field and ensure a secure retirement free from the stress of noisy advice that doesnt work. The plans simple technique cuts through the folly of human emotion by reacting intelligently to price changes and automatically buying low and selling high. Relayed in the same easy-to-understand language that has made The Neatest Little Guide to Stock Market Investing such a staple in the investing community, The 3% Signal is sure to become your most trusted guide to investing success. Review We often hear, and have come to believe, that models beat experts. Kelly offers the individual investor a simple, mechanical model that instills discipline, removes a lot of self-sabotaging emotion, and has a good track record. Will it continue to outperform? Actually, it just might.-Brenda Jubin, Reading The Markets book review at Investing and ValueWalk From the Author Two New Terms from the Book3Sig: Shorthand for The 3% Signal, both the books title and the technique it describes.Z-val: Shorthand introduced in The 3% Signal forzero-validity forecasters and zero-validity environment. The latterphrase was coined by Nobel Prize winner Daniel Kahneman in his book Thinking, Fast and Slow, where he wrote that stock pickers and political scientists who makelong-term forecasts operate in a zero-validity environment. Theirfailures reflect the basic unpredictability of the events that they tryto forecast. This is why stock market forecasters are proven to sportan accuracy rate of about 50 percent, same as a coin toss ... yet theycontinue forecasting.Quote from the BookYoull discover how to check inquarterly to see whether the stock funds growth is below target, ontarget, or above target, then move money in the appropriate directionbetween the stock fund and the bond fund. This action, using theunperturbed clarity of prices alone, automates the investmentmasterstroke of buying low and selling high -- with no z-val interference of any kind.Reader Review Highlights3Sig is, in my opinion, a move to improve upon dollar-cost averaging and indexing. While I am oversimplifying 3Sig by saying that, and there is more to it, I think that vaguely explains the idea to the uninitiated reader. By and large, I do believe that Kelly has mostly succeeded in this improvement. -- Scott W. McMurray IIIn Kellys model, prices tell you exactly how to adjust things so that you do buy low and sell high atgiven intervals -- and without deluding yourself that you can predictwhat the market will do. -- David G. DeutschI trade options for a living (my own account). After reading the book I am now using his strategy on a portion of my portfolio. Overall, the strategy is good for the passive investor or full time trader. If anyone is skeptical, you may like to know that I have backtested Kellys 3% strategy versus many other strategies (Covered Calls, Selling Puts, etc) and his strategy constantly outperforms over the long run. -- John WilsonThis is the one and only book I recommend relative to equities because, frankly, its perfect. You quit listening, and start managing. Systematically. Four times per year. Meanwhile, you spend your newfound time on the rest of your life and leave yo
-Fabricante :
Plume
-Descripcion Original:
Take the stress out of investing with this revolutionary new strategy from the author of The Neatest Little Guide to Stock Market Investing, now in its fifth edition In todays troubling economic times, the quality of our retirement depends upon our own portfolio management. But for most of us, investing can be stressful and confusing, especially when supposedly expert predictions fail. Enter The 3% Signal. Simple and effective, Kellys plan can be applied to any type of account, including 401(k)s -- and requires only fifteen minutes of strategizing per quarter. No stress. No noise. No confusion. By targeting three percent growth and adjusting holdings to meet that goal, even novice investors can level the financial playing field and ensure a secure retirement free from the stress of noisy advice that doesnt work. The plans simple technique cuts through the folly of human emotion by reacting intelligently to price changes and automatically buying low and selling high. Relayed in the same easy-to-understand language that has made The Neatest Little Guide to Stock Market Investing such a staple in the investing community, The 3% Signal is sure to become your most trusted guide to investing success. Review We often hear, and have come to believe, that models beat experts. Kelly offers the individual investor a simple, mechanical model that instills discipline, removes a lot of self-sabotaging emotion, and has a good track record. Will it continue to outperform? Actually, it just might.-Brenda Jubin, Reading The Markets book review at Investing and ValueWalk From the Author Two New Terms from the Book3Sig: Shorthand for The 3% Signal, both the books title and the technique it describes.Z-val: Shorthand introduced in The 3% Signal forzero-validity forecasters and zero-validity environment. The latterphrase was coined by Nobel Prize winner Daniel Kahneman in his book Thinking, Fast and Slow, where he wrote that stock pickers and political scientists who makelong-term forecasts operate in a zero-validity environment. Theirfailures reflect the basic unpredictability of the events that they tryto forecast. This is why stock market forecasters are proven to sportan accuracy rate of about 50 percent, same as a coin toss ... yet theycontinue forecasting.Quote from the BookYoull discover how to check inquarterly to see whether the stock funds growth is below target, ontarget, or above target, then move money in the appropriate directionbetween the stock fund and the bond fund. This action, using theunperturbed clarity of prices alone, automates the investmentmasterstroke of buying low and selling high -- with no z-val interference of any kind.Reader Review Highlights3Sig is, in my opinion, a move to improve upon dollar-cost averaging and indexing. While I am oversimplifying 3Sig by saying that, and there is more to it, I think that vaguely explains the idea to the uninitiated reader. By and large, I do believe that Kelly has mostly succeeded in this improvement. -- Scott W. McMurray IIIn Kellys model, prices tell you exactly how to adjust things so that you do buy low and sell high atgiven intervals -- and without deluding yourself that you can predictwhat the market will do. -- David G. DeutschI trade options for a living (my own account). After reading the book I am now using his strategy on a portion of my portfolio. Overall, the strategy is good for the passive investor or full time trader. If anyone is skeptical, you may like to know that I have backtested Kellys 3% strategy versus many other strategies (Covered Calls, Selling Puts, etc) and his strategy constantly outperforms over the long run. -- John WilsonThis is the one and only book I recommend relative to equities because, frankly, its perfect. You quit listening, and start managing. Systematically. Four times per year. Meanwhile, you spend your newfound time on the rest of your life and leave yo
