The Individual Investor Revolution

by Carlson, Charles B.

• ISBN13: 9780071357852
• ISBN10: 0071357858
• Edition: Revised
• Format: Paperback
• Copyright: 2000-03-01
• Publisher: McGraw-Hill

Summary

Whether readers are seasoned individual investors or total rookies, Carlson, a chartered financial analyst, suggests a battle plan to research, build, and grow a portfolio of mutual funds and stocks. "Puts all investors on a level playing field with the pros."--"BookPage."

Table of Contents

The Golden Age of the Individual Investor	1	(19)
Access and Information	2	(3)
Uncle Sam	5	(1)
Structural Changes	6	(2)
Overcoming Roadblocks	8	(1)
You Can Be a Successful Investor	8	(4)
Getting Started Has Never Been Easier	12	(7)
Carlson's 10 Rules of Engagement: Doing Battle in The Individual Investor Revolution	19	(22)
If You're Not in the Game, Get in the Game as Soon as Possible	19	(3)
If You're in the Game, Stay in the Game	22	(5)
Invest Regularly	24	(1)
Dollar-Cost Averaging	25	(1)
Value Averaging	26	(1)
Keep Your Battle Plan Simple and Efficient	27	(2)
Play to Your Strengths	29	(1)
Take What Your Opponent Gives You	30	(3)
Corporate Spin-Offs	30	(1)
Good News for Shareholders?	31	(2)
Avoid Battles You Can't Win	33	(1)
Don't Claim Your Victories Prematurely	34	(1)
Have the Courage to Act on Your Conviction... BUT... Don't Confuse Conviction with Stubbornness	35	(2)
Engage on All Fronts, Foreign and Domestic	37	(1)
Develop Future Leaders of the Individual Investor Revolution	37	(4)
Keys to the Kingdom: Step-by-Step Strategies for Any Investor to Get in the Game	41	(42)
Getting Started in Stocks	41	(1)
Online Brokers	42	(1)
Online Trading	43	(1)
My Computer/My Broker	43	(3)
The Online Investor	46	(2)
Who Needs a Broker?	48	(1)
DRIPs	48	(5)
No-Load Stocks	53	(4)
Company Benefits	57	(3)
Plan Fees	60	(1)
Cyber-investing in Direct Purchase Plans	60	(1)
Directory of No-Load Stocks	61	(1)
Getting Started in Mutual Funds	62	(2)
Fund ``Supermarkets''	64	(1)
Retirement Investing	65	(2)
Managing Your 401(k) Plan	67	(3)
Roth IRA	70	(3)
Education IRA	73	(1)
Traditional IRA	74	(2)
Getting Junior Started Investing	76	(7)
The Borderless Revolution: Individual Investors Go Global	83	(32)
Diversification Benefits	85	(1)
Costs of Diversification	86	(1)
We Are Not Alone	87	(2)
Pitfalls of Foreign Investing	89	(1)
Which Foreign Markets?	90	(1)
Around the Globe	91	(9)
How to Invest Abroad	100	(9)
Bank of New York's Global BuyDIRECT Plan	109	(1)
Citicorp's International Direct Investment Program	110	(1)
Low-Cost International Investing	111	(4)
Finding the Next Microsoft in Cyberspace: Doing Investment Research on the Internet	115	(20)
The Internet Levels the Playing Field	116	(6)
Finding a Value Stock in a Value-scarce Market	122	(8)
Finding a Quality Mutual Fund	130	(1)
Answers to Other Investment Questions	131	(4)
Capture the Crumbs	135	(18)
Crumbs Matter	136	(1)
Trim Transaction and Management Fees	137	(16)
Simple Yet Powerful ``Macro'' Investment Tools for Winning the Revolution	153	(24)
The Importance of Simplicity in a Confusing Investment World	154	(2)
The Dow Theory	156	(4)
Bull Markets	160	(2)
Bear Market	162	(1)
Time Elements in Primary Trends	163	(2)
Secondary Reversals	165	(2)
Dow Theory's Track Record	167	(1)
What the Dow Theory Won't Do	167	(1)
Summary of the Dow Theory	168	(1)
Intermediate Potential Risk Indicator	168	(2)
Strong Correlation Between Intermediate Potential Risk and Market Returns	170	(7)
Putting It All Together: The Ultimate Individual Investor Portfolio for the 21st Century	177	(38)
Successful Investing	178	(4)
Picking Stocks	182	(4)
Picking Mutual Funds	186	(3)
Building Blocks	189	(20)
The Ultimate Individual Investor Portfolio	209	(6)
Appendix A Directory of U.S. Direct Purchase Plans	215	(104)
Appendix B National Investment Clubs	319	(6)
Appendix C American Depository Recipts	325	(30)
References	355	(2)
Index	357