When the Dow Breaks

About this book

Market-Hedging Strategies that Turn Paper Losses Into Real Profits! History proves it: Even the healthiest stock markets occasionally suffer sharp downturns. WHEN THE DOW BREAKS provides in-depth, step-by-step strategies to protect yourself against sudden drops by recognizing danger signals and selling near the top, then standing ready to take advantage of the mistakes of others by buying back in at lower levels. Respected veteran market analyst Donald L. Cassidy details how you can become a disciplined, rational investor, discovering the best times to buy and sell through your own research instead of second-hand rumors and hot tips. You will learn: Accurate signs that a downturn is; imminent--for either markets or individual stocks (Chapter 3) Value tests to identify and correct vulnerable points in your portfolio (Chapter 7); Professional asset allocation techniques for different stages in your life (Chapter 10); Strategies to manage your tax bite, while maintaining a low-risk/high-return asset mix (Chapter 12). Over your lifetime, sticking to the long-debated "Buy and Hold" strategy will net you only average or below-average returns. Are you willing to settle for that? WHEN THE DOW BREAKS shows you not only how to identify market tops (protecting your stocks against significant losses) but also how to identify market bottoms (buying back in at or near the cheapest possible price). This eye-opening book will immediately make you a seasoned, sophisticated investor—as you dramatically increase your stock market returns.