Book description
Building Wealth in the Stock Market
provides a complete model for investing successfully and safely in bull
and bear markets. Experienced investor and teacher Colin Nicholson
shares with readers his very own investment plan -- one that has been
honed over 40 years and that has seen him consistently beat the market
and his target rate of return.
Everything in Nicholson's investing
method is fully disclosed simply and with a minimum of market jargon.
The central idea is how to manage risk in order to grow capital and
secure a stream of dividends. The various risks to be managed are
explained, along with strategies for managing them. Aspects also
covered include:
- how to improve your decision-making skills, modelled on the way
the best investors think
- what is needed to succeed and why having an investment plan is
crucial for success
- how to select stocks, using charting and fundamental ratios in
combination to achieve a margin of safety
- how to manage your portfolio -- when to buy, how to build a
position, when to cut losses and when to take profits.
The methods are brought to life through case studies based on real
investments and the sharing of insights gained from years of
experience and research. This book will change the way you think about
the stock market forever.
Colin Nicholson has been investing on the stock market since the
late 1960s. He has taught both fundamental analysis and technical
analysis at a post-graduate level, both as a writer and sought-after
speaker. Over the last two decades, he has written weekly columns in
The Australian Financial Review and BRW magazine, and written
regularly for AFR Smart Investor magazine, Shares magazine, the Shares
Charting Guide and the ATAA Journal. He is totally independent and
does not sell anything other than his writing and teaching.
