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Rating: 
Summary: Knowledge breeds power
Review: If you don't know the difference between a Savings GIC or CD and a balanced fund then this book is definitely not for you. Written to an audience of more savvy investors, DIY is designed to help experienced investors make the transition from a professionally managed portfolio to a self managed, successful investment future. DIY- Do it Yourself or Direct Invest Yourself is not for the faint of heart.Knowledge breeds power and this book will help empower the DIY investor; filled with strategies designed to help the reader develop creative investment principles in a disciplined, intelligent manner. The book is written in three parts: Background, Trend Regression Portfolio Strategy and Portfolio Management Issues. Topics covered include: Market Timing, Stock Picking, Trading History and Risk and Reward, just to name a few. Investors are shown how to access and use MS Excel portfolio tracking spreadsheets to produce a comprehensive portfolio workbook. Sample graphs, models and illustrations are explained in detail. Many references and quotes from Robert F. Drach's, High return Low Risk Investment as well as the Drach weekly newsletter are included throughout the book. Author, Lyle Wilkinson is Canadian earning his BBA and MBA in Hawaii where he now lives. In 1999, he began researching a disciplined, mechanical system's approach to the stock market. The result of that research is DIY-Portfolio Management. Considering taking your portfolio into your own hands? This book is an excellent learning tool and a practical, comprehensive guide for remodeling your financial future.
Reviewer: Shirley Roe, Allbooks Reviews
Rating: 
Summary: Great book for technically oriented stock analysis
Review: It should be no surprise to anyone these days that over time money funds tend to track the stock indexes. Some do better, some worse, but over time they tend to track the average. So, how do you do better than average? How do you beat the indexes? Lyle Wilkinson proposes that the answer is really fairly simple. If the stocks tend to track toward a mean then trends can be examined to see where a stock is located on its mean. This fancy term for this is trend regression analysis. In his book "DIY Portfolio Management" Mr. Wilkinson provides a great explanation of trend regression analysis - what it is, what it is not, why it makes sense, and how to do it. For those who like statistics he builds the complete formulas and rationale, for those who don't he points out that many services provide trend analysis on their sites. You don't have to calculate the trend regression but you do need to understand what it is and how it works if you want to use it. This book shows how to use the information to pick a stock that is likely to rise or fall. However, this is not the only analysis in the book. He includes information on TRiPS, market timing, risk analysis, cycles, and even an action plan. "DIY Portfolio Management" takes a very technical subject and makes it available to the layman. Lyle Wilkinson's excellent and thorough job of explaining trend regression analysis and its use in the stock market is the primary reason "DIY Portfolio Management" is a highly recommended read for the technical investor looking to take control of his investments.
Rating:
Summary: Great book for technically oriented stock analysis
Review: It should be no surprise to anyone these days that over time money funds tend to track the stock indexes. Some do better, some worse, but over time they tend to track the average. So, how do you do better than average? How do you beat the indexes? Lyle Wilkinson proposes that the answer is really fairly simple. If the stocks tend to track toward a mean then trends can be examined to see where a stock is located on its mean. This fancy term for this is trend regression analysis. In his book "DIY Portfolio Management" Mr. Wilkinson provides a great explanation of trend regression analysis - what it is, what it is not, why it makes sense, and how to do it. For those who like statistics he builds the complete formulas and rationale, for those who don't he points out that many services provide trend analysis on their sites. You don't have to calculate the trend regression but you do need to understand what it is and how it works if you want to use it. This book shows how to use the information to pick a stock that is likely to rise or fall. However, this is not the only analysis in the book. He includes information on TRiPS, market timing, risk analysis, cycles, and even an action plan. "DIY Portfolio Management" takes a very technical subject and makes it available to the layman. Lyle Wilkinson's excellent and thorough job of explaining trend regression analysis and its use in the stock market is the primary reason "DIY Portfolio Management" is a highly recommended read for the technical investor looking to take control of his investments.
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