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e-Book FAQs
- What do you mean by following the method?
- Who should follow my method?
- How do you know which money managers have the right insight?
- What is an insider?
- What is the difference between legal and illegal insider trading?
- What is the difference between a typical insider buy and a “qualifying” insider buy in your method?
- When do you not follow your method?
- How long does it take to make money with your method?
- Why does the method work?
Customer Service FAQs
- How do I download and view the book after I buy it online?
- My computer crashed and I have lost my download. How can I replace my book download?
- What is my proof of purchase of my copy of the book?
1. What do you mean by following the method?
Simply put, it means following financial television and reading interviews with the best money managers in the country (in periodicals and other publications specializing in stock market issues.) Make a list of their prime picks and follow the rules of the method as described in my book. You can also go to your local library to search the materials salient to my investment method such as the Daily Graphs publication.
2. Who should follow my method?
My method is a long-term approach to profiting from mutual funds and stocks. Investors who share a long-term approach to the stock market and whose investment advisor approves of my techniques for their particular circumstances could consider the method described in my book. With as little as $1,000, one can invest in mutual funds and do very well using my way. However, investors with less than $50,000 to put into individual stocks probably should not use my method to invest in individual equities.
3. How do you know which money managers have the right insight?
I consider a stock market “seer” or visionary to be someone who (either through education or years of investing experience) can “see” the likely future path of individual stock prices or the market in general. These individuals are often the managers of the better performing mutual funds with the best long-term records. Every year Forbes Magazine grades the performance of mutual funds and lists their Best Buys and Honor Roll of funds. You can consider these funds’ managers top tier. Often you’ll hear many such managers interviewed on TV or read their comments in newspapers, periodicals and online. These have been folks like Bill Miller (Legg Mason), Warren Buffett (not a mutual fund manager)), John Neff (retired fund manager), John Templeton (not an active mutual fund manager), and Ken Heebner (CGM). Their picks are often well worth consideration in tandem with the other prong of the method described in my book.
4. What is an insider?
An insider is an officer or director of the company, or someone who owns at least 10% of the company’s shares. Insider buys and sells are electronically reported to the SEC within two days and are then public information.
5. What is the difference between legal and illegal insider trading?
The sort of insider trades I refer to in my book are reported two days after they’re made to the SEC and are then public information. Those are what I call legal insider trades. Basically, illegal insider trading is when an insider or someone else buys or sells stock based on information that is not public.
6. What is the difference between a typical insider buy and a “qualifying” insider buy in your method?
An insider buy or sell in my method are certain open market purchases or sales, according to the type that Daily Graphs identifies and defines in the Guide to using Daily Graphs page in that publication, (reproduced in the Appendix of my e-book).
7. When do you not follow your method?
In my book I admit that from time to time my investing may stray from what I describe as my method. Occasionally, I’ve experimented and modified my method to see if I would get good results. Experimenting like this with my own funds is how I developed my method. But the reader should stick to the two-pronged method described in the book for the highest probability of long-term success.
8. How long does it take to make money with your method?
I would say it takes a minimum of three years; but for the best results, five years probably would be a better time line. One can make multiples of one’s original investment over ten years or more. When investing in well-managed mutual funds, where your initial investment can be multiplied many times over, longer-term outlooks (10-15 years) are even better.
Too many investors today are really short term and ultra short-term “traders”. Sure, you may “get rich quick”, but I think that the odds are against you. I do not believe the average person can make his way to wealth in this manner. Further it is my opinion that such short term trading is highly speculative and brings with it a greater chance of capital loss than long term investing. The track record for the latter, on the other hand, has been established since the Great Depression. I believe the records of the great mutual fund managers will exceed those of the many new hedge fund managers today, whose outlook is often short term, and whose funds levy high fees.
9. Why does the method work?
The method is based on following the stock buying behavior of the best of the best money managers and investors. I have found that by imitating some of the buys of the best investors as well as those of company insiders, you can have your security analysis done for you. You do not have to be a graduate of a prestigious business school to make money, good money over many years. The average person can do quite well for him or herself over time with this approach.
10. How do I download and view the book after I buy it online?
After you successfully complete your purchase in the shopping cart, you will see a thank you page with your receipt and a download link for the book. You will also receive a confirmation email the same download link.
Depending on your browser's settings, you will be prompted to save or open the file, or if your browser is set to do one or the other, it may go download or open the file.
If your browser offers to save the file, choose a location on your computer where you can find the file (perhaps the desktop or to your “My Documents” folder). Then find the file and double-click to open.
If your browser just opens the file, it has downloaded it to its default download location. Please check your browser's settings to find this, or search for the file name “Way_to_Wealth.pdf” using your computer's file search.
You will need Adobe Acrobat Reader (a free program) to view the book.
11. My computer crashed and I have lost my download. How can I replace my book download?
If you have your email receipt, you can re-download the book for up to 5 days. After this time, or if you have other problems, please email me at john@ReiznersWay.com, and I will send you a link to re-download your book purchase. You may then download your book to a convenient place on your computer, such as the desktop.
12. What is my proof of purchase of my copy of the book?
At the time of purchase in the shopping cart, you will get a thank you page which you may print if you wish. You will also receive an email confirmation of your purchase, a link to the download, and my wishes for your stock market success!
To find out more, please visit the Book page. Or buy the book today.
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Copyright © 2007 John R. Reizner. |