Safe Strategies for Financial Freedom

Front Cover
McGraw Hill Professional, May 22, 2004 - Business & Economics - 350 pages

Commonsense Rules for Financial Freedom--Anyone Can Do It!

Safe Strategies for Financial Freedom shows you how to know in 30 seconds whether you should be in or out of the market. The authors show you how great investors avoid mistakes--and win big. With Van Tharp's legendary risk-control techniques, learn how the world's most profitable investors reduce their risk and leave their wealth-generating potential unlimited, and how you can too. You'll learn how to invest wisely--in every type of market, protecting what you earn, and developing sources of regular income to achieve financial independence. Safe Strategies for Financial Freedom provides you with a specific program for freeing yourself from the workplace--forever. Let it show you how to seize control of your financial life by investing in the assets that will provide you with steady income until the day when your investment income surpasses your monthly expenses--and you are, once and for all, financially free.

 

Contents

Developing Your Plan to Quit Work Now
1
Profitable Stock Market Strategies for Good Times and Bad Times
55
More Profitable Strategies for Financial Freedom
123
Safeguarding Your Financial Freedom
195
The Future
283
Index
325
Copyright

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Page 292 - Projection makes perception. The world you see is what you gave it, nothing more than that. But though it is no more than that, it is not less. Therefore, to you it is important. It is the witness to your state of mind, the outside picture of an inward condition.
Page 147 - US dollars have value only to the extent that they are strictly limited in supply. But the US government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many US dollars as it wishes at essentially no cost. By increasing the number of US dollars in circulation, or even by credibly threatening to do so, the US government can also reduce the value of a dollar in terms of goods and services, which is equivalent to raising the prices in dollars...
Page 147 - And to what lengths would they go? "[T]he US government has a technology called a printing press (or, today, its electronic equivalent)," said Mr. Bernanke in November 2002, "that allows it to produce as many US dollars as it wishes at essentially no cost.
Page 18 - The secret of financial success is to spend what you have left after saving, instead of saving what is left after spending.
Page 146 - The trouble with paper money is that it rewards the minority that can manipulate money and makes fools of the generation that has worked and saved.
Page 20 - January 1, every year for— gives you— 10% 5 years 10 years 15 years 20 years 25 years 30 years...
Page 78 - The advice we have given important corporations can be followed to advantage by all classes of investors. We do not urge that you sell securities indiscriminately but we do advise in no uncertain terms that you take advantage of present high prices and put your financial house in order.
Page 285 - Rule - a rule of thumb that dictates that approximately 68% of all scores will fall within plus or minus one standard deviation of the mean...
Page 128 - Friedman: ... a world monetary system has emerged that has no historical precedent: a system in which every major currency in the world is, directly or indirectly, on an irredeemable paper money standard ... It is worth stressing how little precedent there is for the present situation.

About the author (2004)

Van K. Tharp Ph.D., is president of the International Institute of Trading Mastery (IITM). A globally recognized coach for traders and investors, he is the bestselling author of Trade Your Way to Financial Freedom and publisher of the successful monthly newsletter Market Mastery and the free weekly email, Tharp's Weekly Thoughts.

D.R. Barton, Jr., P.E., MBA, is chief operating officer and risk manager for the Directional Research and Trading hedge fund group and a lead instructor with IITM. He is the editor of the newsletter Ten Minute Trader, and is a sought after speaker and developer of seminars for traders and investors.

Steve Sjuggerud Ph.D., is president of Investment University, an educational program with more than 250,000 students, and editor of the investment newsletter True Wealth with over 40,000 subscribers. He is a former portfolio manager, hedge fund manager and equity research director.

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