Bộ Sách Stock Market Rules và Bond Market Rules

PART I: Research 1

1. Get Information Before You Invest, Not After 3

2. Price Doubling Is Easier at Low Prices 8

3. Good Companies Buy Their Own Stock 12

4. Heavy Volume, the Price Rises—Light Volume, the Price Falls 17

5. Watch the Bellwethers 23

PART II: Analysis 29

6. It’s Always a Bull Market 31

7. Look for Divergence in Trends 33

8. A Trend Remains in Force Until It Changes 38

9. Look for Insider Trading 43

10. Know the Best Type of Order 51

11. Institutions Show Where the Action Is Now 54

12. It Depends on Support and Resistance 61

13. There Is a Bear Market Coming 65

PART III: Strategy 69

14. Invest According to Objectives 71

15. Sell the Losers and Let the Winners Run 81

16. Buy Low, Sell High 88

17. Buy High, Sell Higher 92

18. Sell High, Buy Low 96

19. Never Short the Trend 101

20. Make Winners Win Big 104

21. Buy on the Rumor, Sell on the News 107

22. Buy the Stock That Splits 110

23. Buy on Weakness, Sell on Strength 115

24. It’s Better to Average Up Than Down 118

25. Buy on Monday, Sell on Friday 121

26. Buy Stock Cheaper with Dollar Cost Averaging 122

27. The Perfect Hedge Is Short Against the Box 125

28. Diversification Is the Key to Portfolio Management 127

PART IV: Trading 133

29. Never Short a Dull Market 135

30. It’s Best to Trade at the Market 139

31. Never Buy a Stock Because It Has a Low Price 142

32. Buy the Dips 145

33. Order Modifications Might Cause Delay 148

34. Avoid Overtrading 153

PART V: Good Ideas 157

35. Follow a Few Stocks Well 159

36. Never Get Married to a Stock 164

37. Act Quickly, Study at Leisure 167

38. Records Can Make Money 168

39. Invest in What You Know Best 171

PART VI: Caution 173

40. Give Stop Orders Wiggle Room 175

41. Indicators Can Meet Overriding Factors 179

42. Beware the Penny Stock 182

43. Be Wary of Stock Ideas from a Neighbor 186

44. Heavily Margined, Heavily Watched 190

45. Beware the Triple Witching Hour 197

PART VII: Surprises 199

46. Avoid Heavy Positions in Thinly Traded Stocks 201

47. Fraud Is Unpredictable 204

48. There’s (Almost) Always a Santa Claus Rally 209

49. A Stock Price Splits When It Gets Too High 212

50. Join the Club 214

Bond Market Rules:

11 When Interest Rates Rise, Bond Prices Fall 1

12 The Coupon Is Not Always the Same as Yield 13

13 Follow the Yield Curve 17

14 Beware the Inverted Yield Curve 25

15 There Are Four Ways to Get a Higher Yield on Bonds 31

16 Utility Stocks—A Higher-Yield Alternative to Bonds 39

17 Long Maturities Have Greater Market Risk 47

18 Short Maturities Have Greater Reinvestment Risk 51

19 Bond Funds Are Not the Same as Bonds 55

10 Buy Bonds That Won’t Outlive You 59

11 Invest in Bonds If You Want Steady, Fixed Returns 61

12 Invest in Bonds If Your Risk Profile Is Lower 71

13 Invest in Bonds If You Do Not Want Capital Erosion 75

14 Why T-Bills Can Be Risky 79

15 Know the Bond Options 83

16 Build a Ladder 89

17 Bonds, the Buy-and-Hold Investment 95

18 Bonds Lower Portfolio Risk 99

19 Calls Always Benefit the Issuer 101

20 The Simplest Strategy 105

21 Bond Investing Is Prudent Asset Allocation 109

22 Pay Yourself First 113

23 Be a Futures Hedger or a Speculator 117

24 Buy Inflation Protection Bonds 123

25 Buy Stocks with Bonds (Convertibles) 127

26 Beware the GNMA 129

27 Put Compound Interest to Work with Zeroes 131

28 Understand the Indexes 135

29 Do the Barbell 139

30 Do Bond Market Analysis 143

31 Check Out the DANs 155

32 Don’t Fight the Fed 159

33 Watch the Stock Market 165

34 Look for a Flight to Quality 171

35 Buy “Junk” Bonds for Higher Yield 173

36 Do “Swaps” for Money Now 177

37 You Don’t Have to Pay Taxes on Bonds 181

38 Bonds Are Safe If Held to Maturity 189

39 Know the Bond Rating 193

40 Watch the Consumer Price Index 199

41 Insured Municipal Bonds Are Safer 205

42 Watch the Long Bond 209

43 You Can’t Trade Bonds Like Stocks 215

44 Bonds Always Mature at Par 219

45 If a Yield Looks Too Good to Be True, It Probably Is 221

46 Beware of Personal Guarantees 223

47 Know the Types of Bonds 225

48 Consider a Managed Futures Account 229

49 Buy Brady Bonds for High Yields 233

50 Learn the Language of Bonds 239