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Lasting Wealth Is a Matter of Timing

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Title: Lasting Wealth Is a Matter of Timing
by John K. Sosnowy, Richard J. Maturi
ISBN: 0-9607298-3-6
Publisher: 21st Century Pub
Pub. Date: 01 August, 1997
Format: Hardcover
List Price(USD): $24.95
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Average Customer Rating: 3.33 (6 reviews)

Customer Reviews

Rating: 2
Summary: Like a bad movie, that you needed to finish
Comment: As a sole-proprietary trader, I found this too basic. He should retitle the book to "why you need to market-time (but not how to market-time)"

Geeze, what a disappointment! But, the good thing to come out of this was reading my own thoughts that I had come up from years of experience. He did a good job of summarizing my own unsubstantive knowledge. Maybe, I will find substance in the area of finance called "market timing" (not to be confused with asset allocation or technical analysis as it so often is) in some other book... Why did he get 2 stars? He is graded on a curve. I have read worse. If you are desperate for this book as I was, promise yourself to return it, if you don't like it.

Rating: 2
Summary: Dissapointing
Comment: Promised so much, delivered a flyer for the use of professional fund managers and the use of his proprietry indicators. If only he had divulged a little more about the indicators he uses and a little less of the obvious - such as the idea that if you can make sure you are not in the stockmarket during the worst performing periods you should do better than if you have a buy and hold strategy.

Rating: 5
Summary: Valuable advice for accumulating and retaining wealth!
Comment: If you are a know-it-all, do-it-yourself investor, don't bother. But if you are genuinely interested in accumulating a financial nest egg (wealth) and retaining it (lasting wealth), then this is the book for you. It could save you from irreparable financial damage. As a young adult, I found Chapter 9--'Investing for the 21st Century' particularly beneficial. It is never too early to start setting goals and establishing plans to secure your financial future.

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