World Famous Comics: Investing Without Fear: Protect Your Wealth in all Markets and Transform Crash Losses into Crash Profits
Investing Without Fear: Protect Your Wealth in all Markets and Transform Crash Losses into Crash Profits
By: Martin D. Weiss Publisher: Wiley Average Rating: Binding: Paperback Label: Wiley Number of Items: 1 Number of Pages: 360 Publication Date: February 24, 2005
Product Description: Smart investing strategies from bestselling author and America's consumer advocate for financial safety Filled with against-the-grain attitude and seasoned market wisdom, Crash Profits explains not only how to survive, but how to make money before, during, and after a crash. Using real examples fresh from the financial pages, Weiss delineates the full range of risks facing the average American. He shows readers how to see through the lies that Wall Street tells and how to find safer alternatives to stock investing, as well as what to sell, how to sell, and when to sell (and when not to sell). Here's the unvarnished truth about investing today, coupled with the strategies every American can use to turn windfall profits while others are losing their shirts. Martin D. Weiss, PhD (Palm Beach, FL), is Chairman of Weiss Research in Palm Beach, Florida. His previous book, The Ultimate Safe Money Guide (0-471-15202-1), was a Wall Street Journal, BusinessWeek, and New York Times business bestseller
Same book, different title. This book has a great deal of valuable advice and Martin Weiss is an extremely reliable expert. HOWEVER -- This is the EXACT SAME book as his previously published "Crash Profits." They simply changed the title! I can find absolutely no updated or new information in this one. There is a mention of this on the back cover but you normally only get to see that until you've bought the book.
I really hate when publisher's do this!
Crash Profits This book is a must read for veteran or new investors. It tells a lot about the markets and how they operate. It warns about improper practices of some stock brokers. Included is advice on better stock trading.
The title says it all Given the way the economy is going, this book is a must read. There is a possibility that there will be a stock market crash in the near future: given the unfolding of the subprime mortgage crisis and untold numbers of foreclosures; banks that dabbled in hedge funds and subprime mortgages beginning to feel the pinch; the dollar spiralling downward; and the price of oil skyrocketing. Somewhere in all of this, one gets a distinct feeling of instability, and that is where Weiss's book comes in.
His knowledge of the investing environment is refreshing and at the same time disturbing. He equips the average investor with knowledge that will help him/her in the coming difficult times. This is not a light read, yet the way he weaves story lines through the book, it places the reader comfortably into the investing environment. He gives worst-case scenarios and asks hard questions that makes the reader think. He also reveals astute insight and provides solutions to problems that help the reader feel equipped to tackle the upcoming turmoil in our economy.
The most valuable parts of the book (I think) are where he mentions that he rates bank and brokerage firms and includes the websites. I felt as if I was reading the consumer report for banks! We actually visited a library and looked up Weiss's bank ratings books there. They rate banks on a quarterly basis, and include a thorough list of banks in every state, their rating and safety (some banks even get A+). We checked out the banks with the higher ratings in our state.
This book provides peace of mind to the average investor trying to save and invest for the future when the economy looks dismally bleak.
Take Prozac!!! Go hide in a cave, put all your money in US government bills, bonds, and hord gold and wait for the financial nuclear winter to clear up. There..., now you don't need to buy this book. This book originally came out at about March 2003, at the end of the recent bear market, and was titled "Crash Profits..." at that time. The whole financial world did not end and the book was retitled to "Investing Without Fear...." so that more copies can be sold. Weiss is like a broken clock, always predicting that one thing or another is about to crash. He has been wrong so often. Even a broken clock is right twice in any given 24 hour period.
Weiss is a Huckster This arrogant self-promoter acts like he's right and everyone else is wrong. He's be justified in acting that way if he were right. But he's wrong at least as often. He tries to scare people into buying his books, his newsletter, and (worst of all) his high-priced "trading services". He called for a real estate crash in 2003, a bond crash in 2004, and he's called for a stock crash every year for the past decade.
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