| ||||||||||||||||||
 Trade In this Item for up to £2.70
Get an extra £5 when you trade in books worth £10 or more until June 30, 2012. Trade in Value Averaging: The Safe and Easy Strategy for Higher Investment Returns (Wiley Investment Classics) for an Amazon.co.uk gift card of up to £2.70, which you can then spend on millions of items across the site. Trade-in values may vary (terms apply). Find more products eligible for trade-in.
|
Frequently Bought Together
Product details
|
More About the Author
Product Description
Product Description
From the Back Cover
"Dollar cost averaging is making a comeback, and Mike Edleson′s value averaging approach is dollar cost averaging on steroids. A must–read for serious investors willing to adhere to the principles found in these pages."
—William G. Christie, Frances Hampton Currey Professor of Finance and Professor of Law, Owen Graduate School of Management, Vanderbilt University
"Dr. Edleson′s book is truly a classic that needs to be perpetuated. I have spent a significant chunk of my career trying to debunk value averaging, but with no success. I′m a believer!"
—Paul S. Marshall, PhD, Professor of Finance, Widener University
From the First Edition
"Today′s best way to invest."
—Money magazine
"Value averaging takes dollar cost averaging one step further. Besides buying low, you sell shares when the markets soar."
—The New York Times
Michael Edleson first introduced his concept of value averaging to the world in an article written in 1988. To satisfy investor interest, he wrote a book entitled Value Averaging, which further detailed this method. Following the publication of the last edition of this highly sought–after book in 1993, it has been nearly impossible to find—until now. With the reintroduction of Value Averaging, you now have access to Edleson′s original work on a strategy that can help you accumulate wealth, increase your investment returns, and achieve your financial goals.
Concordance
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product)
|
What Other Items Do Customers Buy After Viewing This Item?
Customer Reviews
I hardly know how to praise this book highly enough. My own mathematical skills are so poor that I periodically re-read the central chapters to remind myself of the logic I am following. But Edleson helpfully supplies some step-by-step examples of spreadsheet programs that will fully deploy the formulas he explains. This is a first rate book that deserves to be back in print at a reasonable price. But even at [the price], it's worth it.
Value Averaging can be tough going for anybody without solid undergraduate math skills, but is deliberately constructed to be utilized by anybody trained in algebra, so my suggestion would be to read through the narrations for the concepts and then go back to the chapters covering the methods you think you would like to use to attack the math. I would suggest not bothering to construct the Excel simulator unless you really think you are going to get different results than a Harvard professor and former chief economist at NASDAQ did in hundreds of tries.
Several chapters are of universal value to practical students of the stock market: a modern recalculation of performance and volatility for the market for the whole historical period of 1926-2006 is given (each generation needs this exercise to renew the debates about what type of investing produces the best yields), universal volatility ranges for the whole market are derived (a simple single range which can save you countless dollars of subscriptions to simulation softwares), and instructions are given for how to construct simulations in Microsoft Excel (most of the new content in the 2006 paperback edition describes how to translate the original spreadsheeting instructions into excel). This little book is packed with permanent value for students of all stock market systems.
Lichello's AIM investors must have this book if they are to take their ideas to the next level, and Prof. Edleson may find himself inheriting the mantle of a movement he may have been wholly unaware of before republishing his method.
Listmania!
Look for similar items by category
Look for similar items by subject
Feedback
- Would you like to update product info or give feedback on images?
- I am the Author, and I want to comment on my book.
- I am the Publisher, and I want to comment on this book.
|
