Stock Investing Strategies (a manual)

I once again submit an offering from AAII, this time this week's AAII Digest with interesting articles on this year's taxes plus a study on whether the infamous FAANG companies should be broken up along with a survey showing how AAII members themselves feel about this.  But of very special interest is the final article, "Stock Investing Strategies," which is not really an article at all but a link to a 144 page pdf book elucidating all the essentials about investing.  It is an excellent textbook, a great intro for newbies, a great refresher for veterans.  In case the link doesn't work, I'm attaching the pdf to the email I send to my regular subscribers.  Hope everyone had a great weekend. 

AAII Weekly Digest » View Online Weekly DIGEST American Association of Individual Investors

April 23, 2019 Connect with us

The Impact of Winter’s Volatility on the Shadow Stock’s Rules Volatile market conditions in December and January caused fluctuations in the market-cap breakpoint used to identify Shadow Stocks, but not enough to warrant altering it. Plus, two stocks were sold from the portfolio.   More »         Using & Interpreting Point & Figure Charts AAII’s senior financial analyst discusses his favorite type of chart—point & figure charts. P&F charts offer a unique perspective on price activity, leading to more apparent trendlines, support and resistance levels and chart formations.   More » Wayne A. Thorp, CFA       Revisiting the Lakonishok Approach to Patient Value Investing Josef Lakonishok believes value outperforms growth because investors don’t expect much from value stocks. His approach uses a unique filter to seek stocks trading at just one price multiple—price-earnings, price-to-book, price-to-sales or price-to-cash-flow ratio—below the norm for their respective industry.   More »       Common Stock Repurchases: A Bane or Boon to Shareholders? Repurchases of common stock by corporations can be an attractive alternative to dividends. They may also affect the share price. But what is their impact—to the corporation; to the shareholder?   More »             Member Question Was your 2018 federal income tax refund larger or smaller than it was last year?  A) I didn’t receive an income tax refund B) Significantly larger than last year C) Somewhat larger than last year D) Roughly the same as last year E) Somewhat smaller than last year F) Significantly smaller than last year G) I have not yet filed my 2018 taxes Be sure to vote on this week’s question for the opportunity to offer your insights on our open-ended question. Previous Week’s Results When it comes to the largest technology companies, including Apple, Amazon, Facebook and Google, do you agree or disagree that the federal government should break up these companies into smaller, competing companies to lessen their influence over public communication?  Strongly disagree : 35% Somewhat agree : 24% Somewhat disagree : 19% Strongly agree : 16% Not sure : 7% Poll results are as of 9 a.m. (Central) on Monday. 1,947 respondents.   AAII Survey: Should the Largest Tech Companies Be Broken Up?       Social media and tech firms have been receiving more negative press than positive these days, with firms being accused of influencing elections, promoting hate speech and sharing user data. Our latest reader survey asked whether these firms should be broken up by the federal government. We then followed up with a special question asking which firms our readers feel carry too much influence over public communication.   More »           Stock Investing Strategies       One of the biggest difficulties for individuals interested in investing in stocks is getting started. This AAII e-book provides a general outline for analyzing stocks and walks through the process as it is practically applied to specific types of investment approaches. It first describes, in very broad terms, the basic process that is followed in fundamental analysis. It then goes into the various steps in more detail and shows how they can be adapted and practically applied to an individual’s specific approach using commonly found information sources.  More »