Conversely, many on Wall Street may be aware of the secular markets but not fully aware of secular bear market dynamics. Within the context of this book, many financial writers and television pundits often convey some pretty silly concepts about long term market averages.
If this is your first exposure to the secular markets, this book should be an eye opener.
Secular bull markets are just wonderful. Buy and hold becomes low risk. Secular bear markets are dangerous. There are periods within secular bear markets where the bear becomes docile and can be petted. What to look for is identified inside. Just be careful and wear a glove.
The book was written for those who do not need to take excessive risk with what has already been hard earned. It will also be useful for newcomers and intermediates to the markets in evaluating risk. For the more adequately funded with hands on inclinations, a clearer picture of risk is presented.
This book wasn't intended to make anyone a millionaire. There is a good chance it could speed one along the way. For those already in the millionaire ranks, the information could point out previously unrecognized dangers and maybe keep one in the ranks. Unfortunately some that achieve millionaire status don't always stay there.
|Publisher:||Page Publishing, Inc.|
|Product dimensions:||6.00(w) x 9.00(h) x 0.21(d)|
About the Author
After learning the petrochemical engineering trade, an independent practice was established working for many of the major refinery, petrochemical, and exploration companies in the Houston area. After many years in the business, personally he laid himself off to begin a new career as a financial manager for a single client, himself.
Good old boy favorites had become ultralight fishing, bow hunting, and sailboat racing with a little golf and tennis thrown in. Skippering Caribbean “High Adventure” cruises for the Sea Scout division of the Explorer Scouts led to skippering the same type cruises for family, friends, and associates.
Currently residing in the Houston area with ambition departed, focus is on one objective, doing nothing. In an effort to avoid burn out, doing nothing doesn’t start until noon.