Table of Contents

  1. Title Page
  2. Copyright
  3. Dedication
  4. Acknowledgments
  5. Introduction: One Bear Market Can Change Your Life Forever
    1. The Inspiration behind This Book
  6. Part One: The Trouble with Buy-Hold: Why It's Dangerous to Your Financial Health
  7. Chapter 1: Buy and Hold: A Bad Strategy for Anyone over 50?
    1. Even the Best Investor…
    2. Buying into the Buy-Hold Myth
  8. Chapter 2: 60 Is the New 40: What Does That Mean for Your Investments?
    1. How Long Will You Live?
    2. What Does a Long Life Mean for Retirement?
    3. The Longevity-Retirement-Investment Equation
  9. Chapter 3: The Bear and the Lake House
  10. Chapter 4: The 10 Most Important Years of Your Investing Life
    1. More Heavy Lifting
    2. The Eighth Wonder of the World?
    3. Reverse Compounding
    4. The Most Important Years of Your Investing Life
  11. Chapter 5: A Buy-Hold Disaster Story
  12. Chapter 6: You Know You're a Buy-Holder If…
  13. Chapter 7: Why Does Buy-Hold Even Exist?
    1. Generational Amnesia
    2. The Rest of the Story
    3. The Rise of Mutual Funds
    4. The Best Coin-Flipper in the World
    5. The Famous Scene in The Deer Hunter
  14. Chapter 8: What Do Economists Say about Buy-Hold?
    1. Check Out the Publication Date
    2. It's History, Not the Future
    3. Siegel Also Admitted…
    4. The Market's (and Investors') Irrational Exuberance
    5. The Emperor's New Clothes
    6. Valuations Schmaluations
    7. Who Should You Listen To?
  15. Chapter 9: The Multimillion-Dollar Argument for a Buy-Hold-SELL Strategy
    1. My Personal Experience with Buy-Hold
    2. The Birth of a Sell Strategy
    3. Avoiding the Market Crash of 2008
  16. Part Two: The Buy-Hold Myths: The Advice that Could Ruin Your Retirement
  17. Chapter 10: Buy-Hold Myth #1: The Market Always Comes Back
    1. Some Big Bad Bears
    2. Mini-Myth: If You Just Study Past Market History…
    3. Mini-Myth: Time Is Your Friend
    4. Homeland Security
    5. Mini-Myth: The Most Successful Investors Stay in for the Long Run
    6. We're Not 25 Years Old Anymore
    7. Where's the Contract?
  18. Chapter 11: Buy-Hold Myth #2: Don't Miss the 20 Best Trading Days
    1. A Pig in a Poke
    2. When Were the Best Days?
    3. Riding the Market during the Best Days
    4. The Worst Trading Days (So Far)
    5. Avoiding the Big Bad Bear Days
    6. Doing the Impossible
    7. He's in the Wrong Lane!
    8. Missing the Best and Worst
  19. Chapter 12: Buy-Hold Myth #3: Don't Be the Fool Who Sells at the Bottom
    1. Mini-Myth: You Don't Want to Miss the Rebound
    2. Mini-Myth: The Rebound Is Equal to the Fall
    3. The Two Fools of Mayberry R.F.D.
    4. Which Fool Would You Rather Be?
  20. Chapter 13: Buy-Hold Myth #4: Diversify Your Portfolio…That's All You Need to Do
    1. Put Your Eggs in Different Baskets
    2. A Junk Drawer of Investments
    3. Diversification Isn't Enough
    4. Buying a Drill Bit
  21. Chapter 14: Buy-Hold Myth #5: You Won't Make Any Money If You Sell and Sit in Cash
    1. Cash Can Be Your Friend
    2. Bewitched by Zero
    3. That's Not All
    4. Security or Surfing?
  22. Chapter 15: Buy-Hold Myth #6: You Haven't Lost Any Money Unless You…
    1. Shame, Shame, Shame
    2. Mini-Myth: Future Appreciation
    3. A Flat-Out Lie
    4. Why They Don't Want You to Sell
    5. Why You Fear Selling
    6. Buying Stuff Is Fun
    7. Live to Fight Another Day
    8. The Real Answer
  23. Chapter 16: Bits and Pieces: More Buy-Hold Nonsense
    1. “Ten Years” Twaddle
    2. Can't We Just Use the P/E Ratio?
    3. A Word about Warren Buffett
  24. Part Three: Buy, Hold, Sell: An Introduction to Sell Strategies
  25. Chapter 17: What's beyond the Buy-Hold Myth?
    1. Not Market Timing
    2. Even If You Could…
    3. Trends and Tides
  26. Chapter 18: The 200-Day Moving Average Strategy
    1. How to Calculate the 200-Day Moving Average
    2. The 200-Day Moving Average in Action
    3. Backed Up by History
    4. Returns and Risks
    5. Using the 200-Day Moving Average
    6. Why This Strategy Works
    7. Why It Works Especially Well for Investors over 50
  27. Chapter 19: The Trailing Stop-Loss Sell Strategy
    1. The Trailing Stop-Loss
    2. Setting Your Stop-Loss Point
    3. Stock Behavior
    4. Beta and Standard Deviation
    5. Take Tech Stocks, for Example
  28. Chapter 20: When You Should Not Sell
    1. More Event-Driven Market Drops
    2. If You Can Point to a Specific Event…
    3. If There's More Than One Reason for a Drop…
    4. The 2008 Bear
    5. Use Your Sell Strategy, Unless…
  29. Chapter 21: Sell Strategy Pros and Cons
    1. False Alarms
    2. The Financial Tornado Warning
    3. Transaction Costs and Taxes
    4. A Cautionary Tale
    5. Put the Odds in Your Favor
    6. Don't Be the Hare
  30. Chapter 22: More Reasons to Use a Sell Strategy
    1. Bonus Reason #1 to Have a Sell Strategy
    2. Bonus Reason #2 to Have a Sell Strategy
    3. Real Life by the Numbers
    4. Bonus Reason #3 to Have a Sell Strategy
  31. Chapter 23: The Magic Number Strategy
    1. How Strong Is Your House?
    2. Your Magic Number
    3. How Much Will You Need?
    4. Calculating Your Magic Number
    5. The Magic Number and the Musician
  32. Chapter 24: The Rebalancing Strategy
    1. Reap the Rewards of a Rebalanced Portfolio
    2. Getting Off the Titanic
  33. Chapter 25: Execute or Get Killed
    1. It Doesn't Matter Why You Sell…
    2. You Can't Climb the Pyramids
    3. A Giant Bowl of Spaghetti
    4. Remember New Orleans
  34. Chapter 26: A Simple Action Plan
  35. Chapter 27: Armed with Knowledge
    1. P.S.: What Do You Think Will Happen Next?
  36. Appendix
  37. About the Author
  38. Index
  39. Want to Learn More about How to Buy, Hold, and SELL?
  40. End User License Agreement

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Guide

  1. Cover
  2. Table of Contents
  3. Introduction
  4. Begin Reading

List of Illustrations

  1. Figure 1.1
  2. Figure 2.1
  3. Figure 2.2
  4. Figure 7.1
  5. Figure 7.2
  6. Figure 10.1
  7. Figure 11.1
  8. Figure 12.1
  9. Figure 13.1
  10. Figure 13.2
  11. Figure 13.3
  12. Figure 18.1
  13. Figure 18.2
  14. Figure 18.3
  15. Figure 18.4
  16. Figure 18.5
  17. Figure 18.6
  18. Figure 18.7
  19. Figure 18.8
  20. Figure 20.1
  21. Figure 20.2
  22. Figure 20.3
  23. Figure 20.4
  24. Figure 20.5
  25. Figure 20.6
  26. Figure 20.7
  27. Figure 22.1
  28. Figure 24.1
  29. Figure 24.2
  30. Figure 24.3
  31. Figure 24.4

List of Tables

  1. Table 4.1
  2. Table 4.2
  3. Table 5.1
  4. Table 10.1
  5. Table 11.1
  6. Table 11.2
  7. Table 11.3
  8. Table 11.4
  9. Table 11.5
  10. Table 11.6
  11. Table 11.7
  12. Table 11.8
  13. Table 11.9
  14. Table 11.10
  15. Table 18.1
  16. Table 19.1
  17. Table 19.2
  18. Table 23.1
  19. Table 23.2