Stock Image

The Citizen Investor: The Power of Ownership

Dow, Phil with Paul B. Brown

ISBN 10: 0974319007 / ISBN 13: 9780974319001
Published by RBC Dain Rauscher Inc., 2002
Used Condition: Fine Hardcover
From Glued To The Tube Books (Minneapolis, MN, U.S.A.)

AbeBooks Seller Since November 13, 2002 Seller Rating 4-star rating

Quantity available: 1

Buy Used
Price: US$ 8.25 Convert Currency
Shipping: US$ 4.25 Within U.S.A. Destination, rates & speeds
Add to basket

30 Day Return Policy

About this Item

"Doesn't it make sense to consider making these strong performers a core part of your long-term portfolio? Phil Dow, director of equity strategy for RBC Dain Rauscher, one of the nation's leading brokerage firms, thinks so. Here in straight-forward, no-nonsense language, Dow shows you how to identify these stocks and what you should do with them once you find them." This book has 212 pages and is illustrated. Bookseller Inventory # 022043

Bibliographic Details

Title: The Citizen Investor: The Power of Ownership

Publisher: RBC Dain Rauscher Inc.

Publication Date: 2002

Binding: Hard Cover

Book Condition: Fine

Dust Jacket Condition: Fine

Edition: Not Given

About this title

Synopsis:

Offers a guide to investing that goes against current conventional wisdom by advocating buying and holding stocks in solid companies with a history of steady profitability for an extended period of time.

From the Inside Flap:

"The evidence on investment managers’ success with market timing is impressive – and overwhelmingly negative." –Charles D. Ellis, Managing Partner, Greenwich Associates and Author of Winning The Loser’s Game

Meet the Citizen Investor, a breed of American whose savings has created the capital that has fueled the historic growth of this country—and made them wealthy in the process.

How can you become a Citizen Investor? It starts with finding the right companies, says Phil Dow, equity strategy director at RBC Dain, a leading brokerage firm.

By right, Dow is talking about industry leaders, world-class competitors who have a history of turning in steadily growing profits that lead to innovation, productivity, and superior management.

"The boring reality of the stock market is that investors build wealth by buying and holding on to the stock of solid companies for several years," Dow writes. "The success of this investment approach underscores the difference between owning a company and trading stock certificates: Owners carefully select solid companies in growth industries and remain patient through good times and bad—through Bull and Bear markets—while traders try to time the market by guessing which direction a stock will go. Even for the pros, timing is a dangerous game. In a volatile market like the one we’ve been experiencing the last few years, it’s suicidal—and unnecessary."

Investors can create wealth with a lot less risk by owning the industry-leading companies that Dow refers to as "bulldogs."

Here, Dow not only explains how you can find those bulldogs, but how you can go on to create a diversified portfolio of 13-20 stocks that has the potential to outperform the market as a whole.

This strategy is not about being passive and buying and holding through thick and thin. This is about becoming a passionate investor, one who reads widely about the firms he or she invests in, getting enjoyment—and hopefully financial gains—from understanding their strategy and successes.

"This is not the book for you if you need to make short-term money, or believe you are nimble enough to avoid declines and be positioned just ahead of significant stock moves. If this describes you, I wish you good luck (and suggest you get a professional involved if those are, indeed, your strategies)," Dow writes. "But if you look longer term you will see that the companies that continue to prosper are almost always the same ones that have a history of prospering in the past. (What may surprise you is that there are so few of these dominant companies out there.)

The Citizen Investor helps you find them.

"About this title" may belong to another edition of this title.

Store Description

We sell online only.

Visit Seller's Storefront

Terms of Sale:

Billing available to established
accounts with payment upon receipt of book(s). 30 day net billing available to
accredited institutions. Returns are allowed with prior notification to dealer.
Return shipping charges paid by customer.To use credit card go thru abe check out.


Shipping Terms:

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

List this Seller's Books

Payment Methods
accepted by seller

Visa Mastercard American Express