25 Stupid Mistakes You Don’t Want To Make In The Stock Market – Book Review
By: David E. Rye (2002)
ISBN 0-7373-0617-3
Book Price: $26.95
Business and investment specialist
David E. Rye has contributed to the Wall Street Journal, Barron’s, Investment Business Daily, and many other publications. He is also the author of several books on business and investing, including the bestseller “Two for the Money.” He currently leads financial seminars and teaches at the university level.
25 investment mistakes to avoid
David E. Rye tackles 25 mistakes in as many chapters. It includes the following: not being teachable (Ch. 1), receiving “hot tips” from the wrong people (Ch. 3), knowing the value of the stocks you buy (Ch. 8), buying cheap and unsavory stocks (Ch. 17 ). ), learn from our mistakes (Chap. 21), buy according to feelings and not facts (Chap. 24).
Successful Investment Principles
David E. Rye has a no-nonsense approach, combined with a great ability to educate. He talks about investing success, saying that “to be successful in the market, the first thing you need is common sense. You also need to make prudent and educated investment decisions instead of basing buy and sell decisions on interesting advice and emotions.” “.
David’s underlying theme is responsibility! He applies this to investing readiness: “You need to keep up with what’s happening in the market, study analytical techniques, and update your financial plan on a regular basis.”
With such vast potential for the reader’s investing experience, Rye excels at connecting on every level. She addresses readers individually, instructing: “Select investments that meet your financial goals and risk tolerance level.”
Rye displays a great depth of knowledge on his subject, pointing out practical and specific clues for choosing actions. He shares: “Sales numbers are a key measure of a company’s strength or lack thereof.” Furthermore, “management’s ownership of a significant portion of the shares is a strong indication that management believes in the company.”
David takes the time to define and explain terms, such as the investment term, “PE,” he says, “To evaluate companies against each other and against each other, investors long ago developed a measure called ratio price-earnings, or PE, The PE ratio is calculated by dividing a company’s price per share by its earnings per share.”
Expert perspectives on investment principles
David E. Rye reveals expert insights into investing principles to educate enthusiast and novice investors alike.