Provides a guide for personal investing using the "PAD" (patience and discipline) system for picking stocks, and explains how to know when and how much to buy and sell
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Seiver gives us this fascinating guide to personal investing using the "PAD" (patience and discipline) system for picking stocks, and he explains the timing issues of when and how much to buy and sell. This third edition updates and revises every chapter and adds two new chapters--using the PAD system and how it applies to mutual funds and to short selling. In addition to the standard "classic" PAD system designed for the high-risk-tolerance investor, specific topics addressed also include investment strategies for conservative and income-oriented investors, the issues surrounding long-term market timing, the impact of economic factors (such as money credit, interest rates, deficits, inflation, and growth) on the stock market, an analysis of long-run trends (including Seiver's scenario for the twenty-first century), the essentials of stock options and index options trading, and helpful information about tax strategy, IRAs, record-keeping, and selecting discount brokers. Joseph Leonard
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