The All-Season Investor - by Martin J Pring (Hardcover)

Book Synopsis

The author offers practical straightforward guidance to modern methods of asset allocation. Explains why each stage in the business cycle--including recession--has its profitable investment strategy and provides various techniques for tracking the cycle in order to choose appropriate investments. A "must-have" for investors seeking guidance for the unknown changes ahead.

From the Back Cover

Boom, bust, growth, stagnation, inflation. Every stage or season of the business cycle--including recession--has its own profitable investment strategy. The All-Season Investor is an invaluable handbook for anyone who's trying to make the most of their investments--no matter what the economic climate. The All-Season Investor shows you how allocating assets among several investment categories should be your cornerstone of a successful investment strategy for the '90s. You'll begin with a general introduction to asset allocation. The importance of diversification in successful asset allocation is discussed. The role of securities and mutual funds in the asset allocation mix is examined. And you'll learn how to earn above-average return by adding compounding and risk management to the mix. The All-Season Investor shows you how to read changes in the economic climate, the bond market, the stock market, and the index of leading economic indicators like a pro. This complete guide to modern methods of asset allocation shows you how to assess the economic climate on the basis of those figures and formulate a strategy for success using that knowledge. You'll learn how to track the business cycle--stage by stage--and how to identify cycle benchmarks that let you know when to make your moves. There's information on where gold fits into the cycle, and when it should be owned--or avoided. And detailed appendices offer analyses of the bond and stock markets as well as a historical analysis of market performance during each of the six stages. Let leading investment advisor and bestselling author Martin Pring show you the way to investor independence. Unsettling economic conditions need not prevent youfrom seizing control of your financial destiny. The All-Season Investor is packed with practical, straightforward methods for allocating assets that let you meet your personal investment goals.

About the Author

Martin J. Pring is publisher of the highly regarded newsletter, The Pring Market Review. A frequent contributor to Barron's and other leading investment periodicals, he is the author of The All-Season Investor, the bestselling Technical Analysis Explained, and a number of other books on interest rates, international investing, and commodities and futures.