The #1 Provider of UIL Books
The Next Big Investment Boom
$18.50
- Description
- Additional information
Description
Mark Shipman, who has made a fortune since leaving school at the age of 16, is now an investment advisor to a range of prestigious UK clients. Shipman argues that successful investing is not an intellectual challenge but an emotional one. Starting with the how and why of taking responsibility for your money, he describes specific investment strategies he has used with great success. In the second half of the book, he describes commodity markets in detail, an area he himself predicts as a major investment opportunity that could last well over a decade. Both those new to investing and those looking to brush up their skills will find sound and solid advice on subjects such as: how long-term investing works, why investing is a mental game, how to develop a personal investment strategy and why one should invest in commodities.
Mark Shipman, who has made a fortune since leaving school at the age of 16, is now an investment advisor to a range of prestigious UK clients. Shipman argues that successful investing is not an intellectual challenge but an emotional one. Starting with the how and why of taking responsibility for your money, he describes specific investment strategies he has used with great success. In the second half of the book, he describes commodity markets in detail, an area he himself predicts as a major investment opportunity that could last well over a decade. Both those new to investing and those looking to brush up their skills will find sound and solid advice on subjects such as: how long-term investing works, why investing is a mental game, how to develop a personal investment strategy and why one should invest in commodities.
Introduction Chapter 1 – Take responsibility for your money Your future!?
Chapter 2 – Self-directed investing Taking control
Investing isn’t trading
What’s required
Develop a plan
How long-term investing works – disciplined trend following
Why trend following works
Timing – do not predict, react
Buy high to sell even higher
Losers add to losers
Trend following vs buy and hold
Chapter 3 – The psychology of successful long-term investing It’s a mental game
There’s no such thing as a steady return
Get used to losing
Discipline
Temperament
Chapter 4 – Financing your investments Perception of risk
Your financial commitment
Structuring your commitment
Asset allocation
A dynamic approach
Compounding
Leverage
Chapter 5 – Developing an investment strategy The profile of an investment boom
Historical comparisons
Long-term investment analysis
Step 1 – Identify a potential asset class Step 2 – Establish your position using charts
The negatives of technical analysis
The positives of technical analysis
Recommended investment strategies
Use weekly data
When to invest
When to liquidate
Conducting your analysis
A personal example
Chapter 6 – Commodities – the next investment boom Commodities in stage one
But aren’t commodities risky?
Why commodity prices are moving higher
The demand story
The supply story
Strong demand + weak supply = higher prices
Chapter 7 – The commodity markets Chapter 8 – Commodity investment options ‘Tax-free’ investing
How spread betting works
Getting started in spread betting
Another investment option – the futures contract
How futures contracts work
Getting started in futuresAnother investment option – commodity-based funds
Another investment option – commodity stocks and shares
Conclusion Appendix A – Useful contacts Appendix B – An interview with Mark Shipman Appendix C – Sources for investment analysis Glossary of financial terms Further reading Index
“A worthwhile addition to your trading and investing library. This book gives you some real workable strategies that should really help you make the most of your investments.” – Traders Magazine
Having worked in the financial industry since 1979, Mark Shipman went on to establish one of the UK’s first hedge fund management companies and, in 1991, won the World Professional Futures Trading Championship. He advises numerous financial institutions and high net worth investors, and he teaches his investment strategies to the public.
Additional information
| Dimensions | 1 × 6 × 9 in |
|---|