Buy and Hold Is Dead

An eye-opening look at how investors can take control of their financial life Buy and Hold Is Dead provides actionable strategies and disciplines, which can be used to earn positive results in any market environment. Money managers rarely outperform the stock market over time, and this has become a sticking point for many people as our uneven economic landscape continues to unfold. This timely guide is designed around a step-by-step educational process in which traders and investors lean how they can protect their wealth and make money regardless of market direction. The goal of Buy and Hold Is Dead is twofold: to dispel old-school investment techniques and to show you how to maximize your returns without sacrificing time or lifestyle and without the use of a money manager. Identifies the duration of the current economic down cycle and warns of a Greater Depression Encourages readers to use proactive trading strategies that can protect their wealth and make them money in any market environment Discusses why investors cannot afford to rely on the selfish guidelines imposed by big brokers and money managers Losing less is never a winning strategy, and this book skillfully addresses why it should not be considered a positive result despite relative market performance.

Preface ix Acknowledgments xv Chapter 1 The Investment Rate 1 Chapter 2 Keep It Simple, Sweetheart 11 Chapter 3 Brackish Investors and Their Impending Doom 33 Chapter 4 Golden Handcuffs 49 Chapter 5 Since When Has Losing Less Become a Winning Strategy? 63 Chapter 6 Redefining Balance 75 Chapter 7 Contemporary Darwinism 81 Chapter 8 A Proactive Aversion 91 Chapter 9 Embracing Independence 105 Chapter 10 Ahead of the Curve 121 Chapter 11 2009: Return to Parity 137 Chapter 12 Personal Balance Sheet 145 Chapter 13 Every Day Is a Tuesday 153 Chapter 14 The Game Plan 171 Chapter 15 Oscillation Cycles 191 Chapter 16 The Golden Sequence 213 Chapter 17 Rule-Based Trading Strategies 233 Chapter 18 Automated Trading 271 Chapter 19 A Greater Depression 279 Final Thoughts Welcome to the Comfort Zone 285 Appendix A Real-Life Example 287 About the Author 293 Index 295