| | |  | General | Home » » » Magnet Investing: Build a Portfolio and Pick Winning Stocks Using Your Home Computer | | | | | | | Description: | | The secrets of building and managing a successful stock portfolio involve joining the resources of this valuable new stock selection program with a home computer. This proprietary system combines the most powerful effective aspects of value and momentum investing to create a model that has produced returns almost twice that of the S&P 500 over the last 10 years. This system incorporates and describes the key characteristics that are common in companies at the point when their stock undergoes a major advance. This book provides the foundation for individual to develop a personalized long-term plan and utilize portfolio and money management skills to vastly increase investment success. | | | Product Details: | | | Author:
| Jordan L. Kimmel | | Paperback:
| 239 pages | | Publisher:
| Next Decade Inc | | Publication Date:
| 1999-09 | | Language:
| English | | ISBN:
| 0962600369 | | Package Length:
| 9.84 inches | | Package Width:
| 7.01 inches | | Package Height:
| 0.79 inches | | Package Weight:
| 1.37 pounds | | Average Customer Rating:
| based on 6 reviews |
| | | | Customer Reviews: | |
Average Customer Review:
( 6 customer reviews )
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Most Helpful Customer Reviews
5 of 6 found the following review helpful:
Not worth your timeAug 17, 2002
By Arthur J. Schwartz
"optionstrader6"
I recommend not buying this book. I did on the stength of some good reviews on this web site and some good words by Trader Vic. The essence of the book is to use stock screens to look for good stocks, and then use technical analysis to decide when to buy. It's a reasonable premise. In the first edition the two model portfolios returned about +25% and +90% in about a year. That's pretty impressive but occurred at the top of the stock market. In the second edition, two new model portfolios were created. I checked the prices and about a year later, you would have lost almost 100% in each portfolio. I'm sure the author is honest and sincere. However, his methods do not work. In the first edition, he was simply lucky.
A Magnet that doesn't attractJan 21, 2012
By bkt007 If you're looking for a book that truly outlines the complete Magnet method, then look further. While some brief investment criteria are outlined, the main thrust of this method is...if you don't use the software that is referenced, good luck attempting to run the sorts you'll need to meet the criteria - oh, by the way, the software is no longer available.
In a nutshell, only about 25 pages of this book offer true insight to the "Magnet Method", the rest is fluff.
Not worth the time or money.Jun 29, 2010
By AAG I bought this based on reviews... and frankly, it's terrible. I watched Kimmel on CNBC after buying it, and if I had seen him first, I wouldn't have bothered. There are hundreds of better books on this topic... Kimmel is constantly pushing buy buy buy... probably because he gets commissions from his customers whether they make or lose money. Awful awful advice.
5 of 9 found the following review helpful:
A "must" for every investor's librarySep 01, 1999
Wow-this book really simplifies the stock selection process. I'm an experienced investor who has lost money in pure momentum stocks. I see this guy on CNBC and Bloomberg quite a bit and he seems to know his stuff. I agree with Standard & Poor's great endorsement "Magnet Investing provides an insightful look into the stock selection process. It will be a great boost to professional investors, as well as ones that only dabble in stocks." The first several chapters teach investors how to develop a disciplined approach to the market and then describes a new trademarked system that selects stocks based on a well defined set of criteria, combining value and momentum. If you have a PC, you can access this program through Telescan or set it up with another screening service. Then, with the click of your mouse, you can pick a pool of stocks that have the potential to be great performers. The system has averaged a 30% return per year over the past ten years. The trial CD from Telescan is an added bonus. I think the author's system is one of the best I've seen.
1 of 4 found the following review helpful:
Magnet Investing gets it rightJan 25, 2001
Magnet Investing is a refreshing approach to investing which provides a methodology for investing rather than the typical hype found in many investment books. The approach is easy to follow and there are many examples for the reader to learn stock selection, as well as buy and sell signals. The approach strikes the right balance between technical analysis and common sense. I found the book to be useful, well written and would highly recommend it.
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