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 bestselling “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), getting “hot advice” from the wrong people (Ch. 3), knowing the value of the stocks you buy (Ch. 8), buying cheap and nasty 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 and says 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 buying and selling decisions on interesting advice and emotions.” “.
David’s underlying theme is responsibility! He applies this to preparing to invest in: “You need to stay current on 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 investment 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 her 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 ownership of a significant portion of the stock is a strong indication that management believes in the company.”
David takes the time to define and explain the terms, as in the case of the investment term, “PE”, he notes: “To assess companies against each other and against each other, investors long ago developed a measure called price ratio. -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 the experts’ insights into investment principles to educate both enthusiastic and novice investors.
