Tony Pow

Stocks for Retirees Edition 2 Tony Pow

This book is targeted to retirees, conservative investors and/or couch potatoes who do not want to spend a lot of time in managing their investments. This book helps someone looking for simple but profitable strategies in investing. It only takes about half an hour a month to monitor the market and decide what stocks to buy and sell. We can reduce risk in investing by: -Market Timing via simple technical indicators that are readily available free and simple to use. We do not want to invest when the market is plunging. As of 2014, we have two market plunges with an average loss of about 45% since 2000.-Market Timing for stocks and sectors.-Select best fundamental and technical stocks to buy.-Select safer sectors.-Diversify via stocks in different sectors and ETFs.-Produce income via dividends and covered calls.-A profitable and safe strategy.-Avoid pitfalls and common mistakes. Also monitor our performances and identify mistakes.-Write and stick with a customized trade plan to make investing a discipline and reduce emotion interference. This book uses the advanced strategies described in my other books but in very simplified instructions. This book is similar with my other book "Conservative Investing". It has specific chapters for retirees and the two books will have different contents. This book concentrates in investing. There is a specific chapter for handling financial topics for retirees. There are many books in the book at very low cost. Most likely their hidden agenda is to sell you other products /services for retirees such as estate plans, financial services and reversed mortgage. Some even offer free meals in expensive restaurants. Size: 210 pages (6*9) Initial date: 08/2020