Value Averaging: The Safe and Easy Strategy for Higher Investment Returns
| Author | : | |
| Rating | : | 4.24 (586 Votes) |
| Asin | : | 0470049774 |
| Format Type | : | paperback |
| Number of Pages | : | 256 Pages |
| Publish Date | : | 2013-05-19 |
| Language | : | English |
DESCRIPTION:
He then wrote a book entitled Value Averaging in 1993, which has been nearly impossible to find—until now. Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. With the reintroduction of Value Averaging, you now have access to a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.
Thomas Burch said I love it, it makes sense and seems to work (I love it, it makes sense and seems to work (3 years in and so far so good) Outstanding book. Great advice and download too. I have been following this strategy for about 3 years now. I need more time to see if I will actually be totally happy with it, but so far so good. I have the excel spreadsheet on my phone and I can calculate wether I am on track and I can capitalize on opportunities to buy without feeling like I am trying to "time" the market irrationally.The book is easy to understand and the strategy seems to work. I honestly feel like I am de. years in and so far so good). Outstanding book. Great advice and download too. I have been following this strategy for about I love it, it makes sense and seems to work (3 years in and so far so good) Outstanding book. Great advice and download too. I have been following this strategy for about 3 years now. I need more time to see if I will actually be totally happy with it, but so far so good. I have the excel spreadsheet on my phone and I can calculate wether I am on track and I can capitalize on opportunities to buy without feeling like I am trying to "time" the market irrationally.The book is easy to understand and the strategy seems to work. I honestly feel like I am de. years now. I need more time to see if I will actually be totally happy with it, but so far so good. I have the excel spreadsheet on my phone and I can calculate wether I am on track and I can capitalize on opportunities to buy without feeling like I am trying to "time" the market irrationally.The book is easy to understand and the strategy seems to work. I honestly feel like I am de. I have been reading this one and the 'Intelligent Asset I have been reading this one and the 'Intelligent Asset Allocator' concurrently since I received them. They broadly enlighten my view about the world of investing. The books were candidly written. Since the topics were treated to such a depth, I have a hard time to understand. But I shall keep on reading through to digest them.. "Rational even though not practical" according to Amazon Customer. Value Averaging is a way to buy more when market goes low and buy less or even sell when market goes high which is the way it's supposed to be in financial markets. Although I find this approach makes sense and easy to apply, but after did many back testings with various securities, I've found 2 issues which make me reluctant to use this approach.First, in the long term bull market like in 1990-2000, you may find yourself underinvested and have too much money staying on the sid
Edleson earned his PhD at MIT. Michael E. Includes spreadsheets on a companion Web site: wiley/go/valueaveraging . Edleson is a Managing Director of Morgan Stanley and oversees the firm's equity risk globally. Prior to that, he was Chief Economist of NASDAQ and a finance professor at Harvard Business School
From the Back CoverPraise for Value Averaging"Dollar cost averaging is making a comeback, and Mike Edleson's value averaging approach is dollar cost averaging on steroids. Following the publication of the last edition of this highly sought-after book in 1993, it has been nearly impossible to find—until now. Edleson's book is truly a classic that needs to be perpetuated. Besides buying low, you sell shares when the markets soar." —The New York TimesMichael Edleson first