Rating:  Summary: The Brainwashing of the American Investor Review: As an individual investor who has manged my own investments for over 40 years, I found The Brainwashing of the American Investor to be a terrific guideline for the future. Not only did I identify many many mistakes that I made thru the years, but the logical approach outlined by Steven Selengut has to make sense to anybody who has tried to get meaningfull portoflio guidelines (from Wall Street brokers, advisors, etc) for future investments tailored to individual needs. After 3 years of going downhill the buy and hold approach for stocks, bonds and mutual funds is dead. Great Book!!!!!
Rating:  Summary: L-O-N-G Overdue Investment Strategy Advice Review: BUY THIS BOOK ... and read it ... until the message sinks in!I've long been skeptical of the generic advice handed down to me by (well-meaning) advisors over the past decade-and-a-half. Buy and hold. Dollar cost average. Let the mutual fund professionals manage the money and you can sleep easy at night. "Funny," I thought, "I don't know any wealthy people who do this!" Yet it was good enough for me, while I focussed on career and family life. Well, now I have a frame of reference for my doubts about 'the system,' and have a simple plan to take control of my investments, thank to Steve. I thought that perhaps some of the advice in his book might not apply to a Canadian, but I was wrong. Thanks so much Steve.
Rating:  Summary: ¿The Brain Washing of the American Investor¿ Review: I brought the book a year ago, and both my wife and I read it cover to cover. Based on the book I instituted a trading system using simple tools as Steve suggested, but putting in the time on a daily and weekly to analyze the market. I now plan to retire on my 60th birthday and use the Steve's investment logic to generate added income from our previous investments. I have changed my approach to investing by ignoring the stories that tend to addle and down right confuse the brain. I know that I as continue I will probably change a few things here and there that I find will find to be better. I believe that having a logical approach to investing that takes you away from the normal hysteria associated with the financial news can allow you to relax and enjoy life. Great book Steve and thanks for not keeping it to your self.
Rating:  Summary: Right on the Money! Review: I heard a short segment on Stu Epperson's radio show as he discussed investments with Steven Selengut. I heard enough to prompt me to search for his book on the internet. As a securities rep. myself, Steve appears to be "right on the money". I didn't want to put the book down until I was through. Steve's trading strategy is refreshing information that should make a lot of people a lot of money with less risk. I have even contacted him with a couple of questions and was pleased with his prompt and courteous response. Thank you Steve for sharing your success with everyone. In your next book, please remember that all "advisors" are not "sharks", some of us do put our clients first.
Rating:  Summary: Investing Made Successful Review: I heard Steven Selengut on a talk-radio program and was intrigued by the premise of the book. My intrigue led me to purchase the book, which was an eye-opening experience. After reading it, I'm convinced I had been sucked in by my former financial advisors to purchase products which I didn't need and cost too much. Instead of jumping in with both feet and totally revamping my investment habits, I've followed Steve's advice and gone into it slowly. I'm migrating from mutual funds (and annuities) to individual, high quality equities. My next step is to start purchasing bonds, as soon as the rates recover. Although the information provided isn't anything new, it was a slap in the face to make me stop my destructive investing habits.
Rating:  Summary: Investing Made Successful Review: I heard Steven Selengut on a talk-radio program and was intrigued by the premise of the book. My intrigue led me to purchase the book, which was an eye-opening experience. After reading it, I'm convinced I had been sucked in by my former financial advisors to purchase products which I didn't need and cost too much. Instead of jumping in with both feet and totally revamping my investment habits, I've followed Steve's advice and gone into it slowly. I'm migrating from mutual funds (and annuities) to individual, high quality equities. My next step is to start purchasing bonds, as soon as the rates recover. Although the information provided isn't anything new, it was a slap in the face to make me stop my destructive investing habits.
Rating:  Summary: Unique Advice That Stands Out From The Crowd Review: I've spent well over $... on my investment library. So many of the books blend together with little worth remembering let alone implementing, but this is one of two that stands out. Besides being written in an entertaining and irreverant style (if you're an accountant, attorney, or Wall Streeter, look out!), it has immensely practical advice. Steve is one of 2 authors I've read that focuses on making money on the market's inherent volatility vs. trying to guess what's next. Unlike Technicians who play volatility AND try to guess what's next, Steve just assumes that it (volatility) will be there, like the waves on the ocean (interesting that he has a beach house!). Using safe stocks, he buys lower and sells higher, no greed, just take what the market is going to give you. Saves a lot of time and appears to work. It would be nice to see some historical results documented in the book, but his site does provide some numbers to evaluate. The other author... Robert Lichello, recently deceased. Zany book, but accurate. Steve adds the missing ingredient - safety.
Rating:  Summary: Unique Advice That Stands Out From The Crowd Review: I've spent well over $... on my investment library. So many of the books blend together with little worth remembering let alone implementing, but this is one of two that stands out. Besides being written in an entertaining and irreverant style (if you're an accountant, attorney, or Wall Streeter, look out!), it has immensely practical advice. Steve is one of 2 authors I've read that focuses on making money on the market's inherent volatility vs. trying to guess what's next. Unlike Technicians who play volatility AND try to guess what's next, Steve just assumes that it (volatility) will be there, like the waves on the ocean (interesting that he has a beach house!). Using safe stocks, he buys lower and sells higher, no greed, just take what the market is going to give you. Saves a lot of time and appears to work. It would be nice to see some historical results documented in the book, but his site does provide some numbers to evaluate. The other author... Robert Lichello, recently deceased. Zany book, but accurate. Steve adds the missing ingredient - safety.
Rating:  Summary: Excellent! Review: Some of the reviews I've heard and read here and elsewhere contain criticism of Mr Selengut's journalistic style, grammar, spelling and even the relatively amateur way the book appears to have been typeset. SO WHAT?! If you are prepared to follow his easy-to-follow advice; to pay attention to the detail and to do your own individual stock research, it's worthwhile. I read the book twice and highlighted the most important points the second time around. In three and a half months, I have realized profits of $44,176 and unrealized net gains of $7,509. Not bad for an investment of a little time every day and under [$$$] for the book!
Rating:  Summary: COURAGE TO GO AGAINST THE PACK WILL MAKE YOU A SUCCESS!!! Review: THE BRAINWASHING OF THE AMERICAN INVESTOR IS WRITTEN IN AN EXCITING, ENTHUSIASTIC FAST MOVING STYLE THAT READS LIKE A NOVEL!! I AM NOT A STOCK MARKET INVESTOR FOR MOST OF THE REASONS MR. SELENGUT SHOWS US IN THIS BOOK TO AVOID. AS A PROFESSIONAL REAL ESTATE INVESTOR WITH 40 YRS EXPERIENCE I HAVE ADVISED MANY WOULD BE INVESTORS AND HAVE GIVEN THEM 2 PIECES OF ADVICE THAT I SAW IN THE BOOK "wHY WOULD YOU TAKE ADVICE FROM ANYONE WHO HAS NO INVESTMENTS OF HIS OR HER OWN" AND THE VERY BASIC "BUY LOW, SELL HIGH". CLEARLY STEVE UNDERSTANDS THE ART OF INVESTING AND WRITES ABOUT IT IN AN INTERESTING AND ENTERTAINING WAY. SHOULD I EVER VENTURE INTO THE STOCK MARKET IT WILL BE WITH HIS BOOK AND HIS PERSONAL ASSISTANCE
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