In Beating the Dow with Bonds, Michael O'Higgins, bestselling author of Beating the Dow and one of America's top-ranked money managers, provides a proven system for achieving the lowest-risk, highest returns in a chaotic stock market--investment advice requiring less than five minutes per year that will help you beat the pros 95 percent of the time regardless of market conditions.
In 1989 Michael O'Higgins rocked the investment world. By following a very simple formula, he asserted, investors could beat the pros 95 percent of the time by putting 100 percent of their money into the "dog" stocks of the Dow. Not only did his formula work for nearly a decade, but the publication of Beating the Dow spawned a veritable industry, including websites, mutual funds, and $20 billion worth of investments, elevating the theory to legendary status.
Now O'Higgins is back--and geared to rock the investment world again. With stock market fluctuations ranging from all-time highs to all-time lows, the King of the Dow Dogs insists that incorporating bonds--once considered the ugly stepsibling to stocks--into your portfolio is the only way to win.
In Beating the Dow with Bonds, you will learn:
For in investors with as little as $5,000, Beating the Dow with Bonds provides a safer, more reliable opportunity to beat the Dow not just in today's market--but in any market.
"synopsis" may belong to another edition of this title.
Michael O'Higgins is worried. The ideas advanced in his 1989 classic, Beating the Dow, have been adopted by mutual-funds and market gurus alike as a proven formula for getting consistently high returns with a minimum of risk. In that book, O'Higgins introduced a system that become known as the Dogs of the Dow, which prescribed investing in out-of-favor Dow stocks--an approach that has produced annual returns that have handily beaten most all market averages.
These days, however, O'Higgins is less concerned about beating the market than surviving it. In Beating the Dow with Bonds, O'Higgins considers the wild valuations of today's stock market and sees the specter of a sharp and steep decline. To face this inevitable selloff, O'Higgins offers a survival strategy that involves annually allocating assets among stocks (Dow Dogs), T-bills, and T-bonds. While most members of the baby-boom generation know how stocks work, they'd be hard-pressed to explain the arcane world of bonds. O'Higgins explains them admirably. Had you followed O'Higgins's new system for the last 30 years, which saw six bear markets, your portfolio would have enjoyed an average annual return of 23.77 percent versus 18.03 percent with his Dow Dogs portfolio and 11.77 percent with the DJIA.
O'Higgins is no Chicken Little--rather, he's a market contrarian with a proven and profitable track record. If you think the stock market will go up forever, then look elsewhere for advice. But if you believe in gravity, then get this book and read it soon. Highly recommended. --Harry C. EdwardsAbout the Author:
Michael B. O'Higgins, ranked in the top 1% of all money managers in the United States, runs O'Higgins Asset Management, Inc. in Miami, Florida. He is also the author of Beating the Dow with Bonds.
"About this title" may belong to another edition of this title.
Book Description Harper Collins 1999-01-01, 1999. Hardcover. Book Condition: New. Hardcover. Publisher overstock, may contain remainder mark on edge. Bookseller Inventory # 9780887309472B
Book Description HarperBusiness, 1998. Hardcover. Book Condition: New. Bookseller Inventory # DADAX088730947X
Book Description HarperBusiness, 1998. Hardcover. Book Condition: New. Never used!. Bookseller Inventory # P11088730947X
Book Description HarperCollins Publishers. Book Condition: New. Bookseller Inventory # 4694460