Top Stock Market Investing Books

We are heading into the holidays and many investors are looking for gifts for their friends, relatives, and themselves. What better gift is there than a top selling investment related book? Many of you will be taking some time off or will be traveling and a good book is a great way to occupy your time. Here are some recent top selling books related to investing and the stock market.

Stocks on the Move: Beating the Market with Hedge Fund Momentum Strategies

Your Complete Guide to Factor-Based Investing: The Way Smart Money Invests Today

Option Strategy Risk / Return Ratios: A Revolutionary New Approach to Optimizing, Adjusting, and Trading Any Option Income Strategy

A Beginner’s Guide to Day Trading Online (2nd edition)

Security Analysis: Sixth Edition, Foreword by Warren Buffett

Common Stocks and Uncommon Profits and Other Writings

DIY Financial Advisor: A Simple Solution to Build and Protect Your Wealth

Foundations of Trading: Developing Profitable Trading Systems using Scientific Techniques

The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

Deep Value: Why Activist Investors and Other Contrarians Battle for Control of Losing Corporations

Book of Value: The Fine Art of Investing Wisely

Top Real Estate Investing Books

If you are planning to diversify out of the stock market and invest some of your money in real estate, you should probably want to check out some of these books. If you already invest in real estate, and want to improve your returns, additional advice from top real estate books always helps. Or maybe you just want to try flipping homes and didn’t know where to start. Here are some of the top selling books on real estate investing.

The Book on Flipping Houses: How to Buy, Rehab, and Resell Residential Properties 

The Complete Idiot’s Guide to Buying Foreclosures, 2nd Edition

FLIP: How to Find, Fix, and Sell Houses for Profit

Buy & Rent Foreclosures: 3 Million Net Worth, 22,000 Net Per Month, In 7 Years…You can too!

Foreclosure Investing For Dummies

Buying Real Estate Foreclosures 3/E

The Complete Guide to Investing in Rental Properties

Short-Sale Pre-Foreclosure Investing: How to Buy “No-Equity” Properties Directly from the Bank — at Huge Discounts

Cashing in on Pre-foreclosures and Short Sales: A Real Estate Investor’s Guide to Making a Fortune Even in a Down Market

Finding the Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home For the Lowest Possible Price

Happy Reading and Happy Investing!!!

Working With the Emotional Investor

The book, Working with the Emotional Investor: Financial Psychology for Wealth Managers, is an interesting book by Chris White, which is targeted to investment advisors and financial planners to help them deal with clients who let their emotions determine their investment decisions.

Most clients are afraid when the stock market drops, and want to bail out. However, selling after the market has dropped is generally the worst possible time to sell.

White brings the psychology of investing and money into the advisor / client relationship. He breaks clients down into three different types:

  • Fixers
  • Survivors
  • Protectors

He goes into detail about each of the client types, their characteristics and indicators, their emotions, and how understand them and work with them. Real life examples are incorporated.

If you are a wealth advisor, you will find  Working with the Emotional Investor an informative read.

The Best FREE Investing Books

The best things in life are sometimes free. If you have been looking for some new books on investing, but maybe some of the prices (e.g. $79.95, $129.95) have scared you away.

Wel there are some books that are available for free if you have an Amazon (AMZN) Kindle. A few of these books require that you have Kindle Unlimited.

Here is a selection for you to check out. If you find any of these to be of interest, I suggest that you order them right away, since often these books are offered at no cost for a limited time.
Start Thy Purse to Fattening: A Guide to Sound investing

INVEST LIKE A PRO IN 10 MINUTES A DAY: Book One – Getting Started: Preparation, Organization, and Risk Management

DAY TRADING: The Best Techniques To Multiply Your Cashflow In Only One Day Of Trading

Passive Income: 10 Proven Wealth Strategies to Get Rich While You Sleep, Quit Your Job & Become Financially Free for Life

Binary Options: A Beginner’s Guide To Binary Options – Learn The Binary Options Basics To Building Riches

Money Map: A Beginner’s Guide to Building a Solid Financial Foundation 

Day Trading: 4 Manuscripts: Penny Advanced,Options Advanced,Forex Advanced, Binary Advanced

The Latest Real Estate Investing Books

Previously, I posted an article about the latest books on investing and the stock market. Now it is time to cover real estate investing.

The following are books about how to invest in real estate that have wither recently been published or are about to be published.

Happy reading and successful investing.
The Effective Landlord: How Owners and Property Managers Can Attract Better Tenants, Raise Rents, and Boost Their Bottom Line in Any Market

Real Estate Investing Jump Start

Rental Property Millionaire: Comprehensive Beginner’s Guide for Newbies

The Real Estate Rookie’s Guide to Property Investment

Practical Guide to Real Estate Taxation, 2017 (Cch Tax Spotlight)

Hotels and Resorts: An investor’s guide

Magic Mirror Investing: Your Complete Guide to Property Management

Real Estate Investing: Own, Rent and Time Well Spent: How To Create Passive Income From Property Investment



The Latest Stock Market and Investing Books

If you re looking for new and interesting books to read over the holidays that are related to the stock market and investing, look no further than the following list.

These are books that have recently been released or will be released within the next couple weeks.

Happy reading!


Quantitative Momentum: A Practitioner’s Guide to Building a Momentum-Based Stock Selection System

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Frontier Investor: How to Prosper in the Next Emerging Markets

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Stock Market 101: From Bull and Bear Markets to Dividends, Shares, and Margins_Your Essential Guide to the Stock Market

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Great Investment Ideas

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The Harriman Stock Market Almanac 2017: Seasonality Analysis and Studies of Market Anomalies to Give You an Edge in the Year Ahead

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The Stock Picker: A financial history from the sharp end

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How to Spot the Next Starbucks, Whole Foods, Walmart, or McDonald’s BEFORE Its Shares Explode

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New Rules to End Corruption in Corporate America

Toolkit for Change

Guest Article By Michael G. Winston, Ph.D.

So many leaders have failed themselves, their families, their shareholders, and their neighbors on the most important of leadership behaviors…honesty, integrity and ethical decision-making. Let’s try to rid the world of companies that abuse shareholders, customers, employees and society. Are you in?

There are many factors internal to the financial services firms which give rise to such aberrant practices, yet attempts to stop or slow them failed miserably. However, what about the culture outside where laws were considered mere suggestions, rules were thought of as arbitrary, governance practices were shelved and society became Armageddon-like around the globe? President Obama’s promise of the most transparent administration in history was clearly not kept. The promise of holding parties responsible for the financial collapse accountable did not materialize. Our hallowed institutions became the fodder for late-night TV jokes. We were witnessing the unraveling of the fabric of society that held us together.

Like you, I am concerned that none of the C- Suite Chiefs who caused the 2008 global financial crisis have been held fully accountable. Trillions of dollars have been lost by investors while millions of borrowers have lost their homes and/or jobs. Yet none of the people who ran the institutions that contributed to the disaster have been found liable.   

Punishment is not the only way to modify behavior, but it works. Instead, executives now realize that they face virtually no consequences for reckless lending, exotic investments and fraud. Thus, these actions continue.

One well-deserved “public hanging” will send a signal around the world that will dramatically reduce wrongdoing. The current settlement posture and practice is not and will not deter crime. Until their moral compass kicks in, there are things we can do:

  • Break up the too-big-to-fail-or-jail banks. Then break them up again. They do not serve us. They rule us and those who govern us.
  • Create such stringent and onerous rules and regulations that the big banks voluntarily disaggregate.

What can and should be done to reward good performance and punish bad performance? Here is my list:

  • Elevate the platform of whistleblowers to expose fraud and corruption. Reward them for doing so. Ensure they are well-protected in reality not just rhetorically.  Mete out immediate and harsh punishment for retaliation against whistleblowing.
  • Require reimbursement of incentive compensation paid to executives whose fraud or intentional misconduct cause the company to restate its financial statements. This should be retroactive to the point of the misconduct. This has been promised, but not delivered over the past seven years. This policy should be irrevocable, no-excuse.
  • Require that certain awards contain ‘claw back’ provisions which allow the Corporation to cancel all or a portion of the award under specified circumstances. Have zero tolerance on this.
  • Each year, the Board, Audit and various Corporate Governance Committees should evaluate their own effectiveness. They should view self-evaluation as an ongoing process designed to achieve high levels of Board and committee performance. Shareholder input should be factored in.  This entire process should be facilitated by a thoroughly objective outside party.
  • Adopt a stronger approach to risk management. Each year, have the management team recommend, and the board of directors approve a total risk appetite for the company that management will then allocate across the lines of business. Share this with ALL stakeholders and regulatory bodies.
  • Hold regulatory bodies accountable for compliance with the above. The responsible executive acting more in synch with clients than the public should be severely censured.
  • Evaluate compensation practices to ensure direct linkage between executive pay and company performance. For good performance years, the total compensation awards for executives is at target levels. For poor performance years, compensation should be significantly below target levels. For years of questionable business practices, the Board should award no year-end cash or equity compensation awards to executives.
  • Adapt the same practices down the line at all levels.
  • Regardless of growth, profit, margins, ROI, etc., if performance does not meet expectations against a broader and higher standard of metrics, inclusive of ethical decision-making, absence of “whistle-blower complaints,” certification of clarity, transparency, accountability and long-term strength, the Board should award no year-end cash incentive, restricted stock or stock option awards.
  • Make long-term stock ownership mandatory for executives, with no vesting on restricted stock and stock option awards until the third anniversary of the grant and an additional hold requirement on net proceeds from stock option exercises.
  • Amidst fraud, corruption, malfeasance and the like, reinstitute the practice of insisting on personal accountability. For wide-spread institutionalized “white-collar” crime, jail time must replace settlements as the consequence.
  • Detection of a loophole deliberately implanted in regulations to assist one’s colleagues in evading the law must lead to dismissal.
  • The DOJ must be encouraged and rewarded for exacting criminal penalties when warranted.
  • Make it policy that creditors, not taxpayers, should shoulder the losses of banks.

Do these things, and even the miscreants will behave themselves.

The U.S. and Europe thwarted white-collar investigations, let alone prosecutions. They continue to do so. On the other hand, Iceland prosecuted the fraudster banking CEO’s. As a result, their economy recovered quickly, due to the restoration of trust in the financial system.

We need real solutions – solutions we have not seen before. Albert Einstein said we cannot expect those in control of our world to solve the problems they have created, and continue to defend . . . by any means necessary. We continue to repeat the same measures destined to fail. This unfailingly yields lost jobs, lost income/wages, and loss of entire life support systems. We should abandon this failed paradigm.

Here’s another idea. Take the same amount of money that our government gave to the Banks, and instead next time spend it directly bailing out the homeowners, and mandate that the Banks pay a penalty for having sold out their own customers and contracts.

Result: the banks get their money (what money was not gotten by shorting the homeowners), but they have to get it from the homeowners themselves. The homeowners get to keep on living where they want. The Banks eventually recover, but on OUR terms, not theirs.

Should this happen? Yes.  Will this happen? Of course not. The current Administration has protected and shielded Wall Street and the fraudsters from any wrongdoing.  However, it is time for a change.

Michael Winston had a career of distinction in executive positions for over three decades in five Fortune 100 companies across three industries, including serving in executive positions for Motorola, Merrill Lynch, McDonnell Douglas, Lockheed and Countrywide. As global head of leadership and organization strategy, he worked closely with C-Suite Officers to develop business models, craft strategies and structure, create cultures and develop leaders.

His book, World-Class Performance, is available for purchase on Amazon and other fine booksellers.

The Purpose is Profit: The Truth About Starting and Building Your Own Business

If you have ever considered starting your own business, or maybe you are at the beginning stages of your startup, you owe it to yourself to read the book  The Purpose Is Profit: The Truth about Starting and Building Your Own Business  by Ed “Skip” McLaughlin and Wyn Lydecker. The book is very complete and covers everything from the type of business you should start to the important factors in selling your business.

Some of the more important chapters are Dynamic Planning which covers realization of the business vision in spite of and dealing with challenges, Entrepreneurial Branding, Sales is a Contact Sport, and Realizing Value.

One of the more important lessons covered in the book is that it is better to bootstrap than use other people’s money. Another lesson is that profit should be examined for every decision that is made.

The section I found most informative was Appendix B: The Startup Funding Guide, which spells out how to determine how much funding you need, forecasting, valuation, and sources of funding.

For all you starters out there, I highly recommend  The Purpose Is Profit.


Rescue Your Money: How to Invest Your Money During These Tumultuous Times

The book, Rescue Your Money: How to Invest Your Money During these Tumultuous Times by Ric Edelman, originally came out in 2009. It has recently been revised, updated, and re-released.

For those who have never invested before, or those who have done some investing but have been unsuccessful, this book could be what you are looking for.

The book is a short quick read which covers the obsticle you will run into, various investing techniques that don’t work, and the truths that prevent you from investing successfully.

You have heard the term “Buy Low Sell High.” The author shows you the best way to do it. There is even a chapter on what to do if you are already retired.

This #1 New York Times bestselling author was ranked the #1 Independent Financial Advisor by Barron’s three times.

Rescue Your Money is available on Amazon.




10 Ways to Survive an Upcoming Catastrophe Part 2

12 More Must Have Survival Products

If you missed the article last month that I wrote called 10 Ways to Survive an Upcoming Catastrophe, you should really check it out first.

When you see the news about Brexit, the election, the economy. the candidates, the toppy stock market, the terror attacks, and the shootings, you may be a little concerned. Which is why I wrote about products you may want to stock up on, in the event you have no electricity, natural gas, heat, Internet, or water.

Since I wrote that article, I have received many suggestions of additional survival items that you may want to consider. Here they are.

1. SurvivalSPARK Emergency Magnesium Fire Starter with Compass and Whistle
This is a cool tool The whistle and compass are added bonuses.

2. Cyalume SnapLight Red Light Sticks
These are great because they last for twelve hours.

3. Emergency Survival Mylar Thermal Reflective Cold Weather Shelter Tube Tent
I mentioned the mylar thermal blanket in my previous article. But to compliment that, you should get this mylar tent.

4. Safe-T-Proof Solar, Hand-Crank Emergency Radio, Flashlight, Beacon, Cell Phone Charger The fact that this runs off both solar and hand crank is a great feature. I don’t have this yet but I’ve heard great things about it and I plan to make this my next survival product purchase.

5. Potable Aqua Water Purification Tablets
Have you ever had giardia? You don’t ever want to get it, unless you enjoy spending a week in the bathroom. This will purify water, so you won’t get it from spring or river water.

6. Build the Perfect Bug Out Bag
Do you think you may need to skip out quickly? Get a Bug Out bag, fully stocked. Keep it in your trunk.

BOOKS

7. 100 Deadly Skills: The SEAL Operative’s Guide

8. Prepper’s Long-Term Survival Guide

9. Bushcraft 101: A Field Guide to the Art of Wilderness Survival

FOOD

10. Mountain House Biscuits and Gravy

11. Mountain House, Raspberry Crumble

12. Mountain House Just In Case… Essential Bucket

Hopefully, you will get these survival items but won’t need them. They should be considered cheap insurance.