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Rating: 
Summary: A simple investment plan highly recommended
Review: Based on the previous reviewer comment, I wonder if we read the same book. This is NOT a "get rich quick" book - it's polar opposite. Perhaps "get rich slowly" would be more appropriate. I've read both this book, and Maverick Investing which is written by Doug Fabian (Dick's son). If choosing between the two, this much better. (However, Maverick Investing does a better job discussing setting proper stop-losses based on your tolerance for risk. I recommend reading both books). An excellent read on taking control of your investments. It provides step by step instruction as to how to set goals for your investments via mutual funds, select the right funds, track those funds, and when to buy and sell. He uses a very simple technique to get you in an out of the market by tracking your funds against two indexes - a broad market index, and another index reflecting the type of funds you own. You track your funds by using 39 Week Average Readings (more commonly known as the 200 day moving averages - which can be found anywhere on the web). In a nutshell, his technique will not get you into the market at the very bottom, and won't get you out at the very top. But he will get you in and out somewhere in between which is a far more realistic approach for positive long term results. The opposite of get rich quick, it simply shows that by setting realistic goals, and learning to recognize existing trends, how very small investments over a long period will result extrodinary wealth. For those who already have a healthy retirement nest egg, he shows you how to pay yourself during retirement while still growing your principal. This is a great introductory book on investing using a proven approach which only requires a few minutes a week to maintain. The book's has two shortfalls. First, he could have provided more information about available online resources (such as Morningstar.com) which will make it even easier to screen and select the proper mutual funds. Secondly, he could have spent more time emphasizing the need to select a track your funds against their appropriate indexes.
Rating:
Summary: A simple investment plan highly recommended
Review: Based on the previous reviewer comment, I wonder if we read the same book. This is NOT a "get rich quick" book - it's polar opposite. Perhaps "get rich slowly" would be more appropriate. I've read both this book, and Maverick Investing which is written by Doug Fabian (Dick's son). If choosing between the two, this much better. (However, Maverick Investing does a better job discussing setting proper stop-losses based on your tolerance for risk. I recommend reading both books). An excellent read on taking control of your investments. It provides step by step instruction as to how to set goals for your investments via mutual funds, select the right funds, track those funds, and when to buy and sell. He uses a very simple technique to get you in an out of the market by tracking your funds against two indexes - a broad market index, and another index reflecting the type of funds you own. You track your funds by using 39 Week Average Readings (more commonly known as the 200 day moving averages - which can be found anywhere on the web). In a nutshell, his technique will not get you into the market at the very bottom, and won't get you out at the very top. But he will get you in and out somewhere in between which is a far more realistic approach for positive long term results. The opposite of get rich quick, it simply shows that by setting realistic goals, and learning to recognize existing trends, how very small investments over a long period will result extrodinary wealth. For those who already have a healthy retirement nest egg, he shows you how to pay yourself during retirement while still growing your principal. This is a great introductory book on investing using a proven approach which only requires a few minutes a week to maintain. The book's has two shortfalls. First, he could have provided more information about available online resources (such as Morningstar.com) which will make it even easier to screen and select the proper mutual funds. Secondly, he could have spent more time emphasizing the need to select a track your funds against their appropriate indexes.
Rating: 
Summary: This book changed my financial life.
Review: Buy this book. Read it, all of it. Then implement the trend- following plan which the author recommends. Dick Fabian's plan is simple and profitable. You will make more money with about half the risk.
Rating:
Summary: The concept continues to work
Review: I loved this book. My wife bought it for me. I listen to Maverick Investing every Saturday on 97.1 FM in Orange County, CA. Doug has taught me and my wife so much about investing and now I understand why he is so brilliant. His Father has written a great book that I will be passing throughout the family and on to the children. Thank you Fabian Family for helping us Think and Grow Rich in a new generation. BUY THIS BOOK....BUY 2!
Rating: 
Summary: Biased book based on a sales pitch
Review: I was curious as to why Mr. Fabian ended his backtesting in the late 90's a couple years before the book was published. Being a computer programmer I then ran the backtest for those years against the S&P500 index. Results: Portfolio Disaster. Any money you would have made in the up market you would have lost in the Bear. In short, it appears that his system is deeply flawed. He doesn't show those poor results and to me that is very serious. He claims to move money around to various mutual funds to improve his personal results but obviously you and I can't test that and I doubt it works. Use at your own risk.
Rating: 
Summary: Sales Pitch
Review: I'm not going to comment on the effectiveness of Fabian's principles, but I will comment on a serious problem I had with the book. The 39WAR that he relies on for technical indicators of when to be in stocks and when to be out of stocks is very difficult to find. The only place I could find it on the web was on his son's website and it came along with a rather pricey subscription to his newsletter. To me, this is a glaring sales pitch that the book predicates itself on, and to me is a serious conflict of interest. Of course, this is all not to say that his principles aren't effective, they very well may be.
Rating:
Summary: Sales Pitch
Review: I'm not going to comment on the effectiveness of Fabian's principles, but I will comment on a serious problem I had with the book. The 39WAR that he relies on for technical indicators of when to be in stocks and when to be out of stocks is very difficult to find. The only place I could find it on the web was on his son's website and it came along with a rather pricey subscription to his newsletter. To me, this is a glaring sales pitch that the book predicates itself on, and to me is a serious conflict of interest. Of course, this is all not to say that his principles aren't effective, they very well may be.
Rating:
Summary: Motivational and Practical
Review: I've been a student of the Fabian investment strategy for many years. This book filled in lots of gaps in my knowledge and helped me understand the importance of some aspects of it I had not appreciated. The first section of the book is motivational--you may or may not need it. The middle of the book is the meat. The strategy is explained, beginning with the fundamentals and working all the way up to the "advanced course." I learned loads and can't wait to apply it. The final section is more motivation. His "grandchildren" chapter is puzzling. I had a hard time following his ideas. Perhaps a second reading will clear it up. His writing is clear, though he succumbs to the PC device of using "his or her" every time he needs a pronoun to the point of distraction. An extremely worthwhile book. I'm thinking of getting another copy for a friend who's always asking about my investment strategy. I'll probably take Dick Fabian's advice, though. Mr. Fabian quit giving away books he thought worthwhile because they were never read. He now believes the intended reader should buy them for himself--and then the book will be read.
Rating:
Summary: If you want to succeed
Review: The title of this book should be "How to succeed when almost every other method will surely fail." Dick Fabian is as much psychologist and motivator as he is "savvy investor advisor." And I say "investor" here because that's where Fabian puts the emphasis. He shows that the investor's worst enemy is himself, and that his second and third worst enemies are the media and "investment" advisors. As an astute student of the stock market and human behavior, Fabian has catalogued every way an investor can fail (and there are many), and he has also devised a simple, but diligent, approach to investing that prevents that failure. The result, if one follows his method, is almost certain success. The first part of the book is investor psychology. Many will be tempted to skip it and move on to the simple investing technique. That's one of the ways to fail. This is a profound book that can change lives. Read the whole thing, start to finish, then read it again. Then put what you learn into action. It's all there -- the complete formula for success!
Rating:
Summary: The concept continues to work
Review: This latest book by Mr. Dick Fabian will explain how to become a better investor using a time tested method. The concepts and ideas of the Fabian philosophy have remained the same and continue to work. Mr. Fabian's common sense approach to controlling your emotions with set rules in place at all times, will make you a successful investor. You will not find a simpler method for investing. This book not only explains how you can become a better investor, but will also show you how the power of compounded earnings can grow your savings into huge amounts of money for your future. It's very easy to understand and will change the way you invest in the future. If you are a new investor, are not satisfied with the results of the plan you are presently following, or have been badly hurt by following a buy and hold method in the past year, this book will give you the ideas to make changes so you will become a much improved investor. I feel that anyone who is serious about investing needs to review the ideas and past history of the stock market that are explained in this book. You won't find an easier or less emotional method to follow. It has worked for years and will continue to work in the future. This book will educate you, don't pass this up. I have followed the concepts, ideas, and investing principles of the Fabian newsletter for over 17 years. It has been one of the best decisions that I ever made.
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