Investing, trading, aged care: three books to read this year
We review new books from Gary Norden, Alan Hull, and the latest offering from Rachel Lane and Noel Whittaker.
Invest My Way Alan Hull
From the author of Active Investing and Trade My Way comes sharemarket expert Alan Hull's latest offering, Invest My Way.
It is all about DIY investors looking for simple and low-risk strategies for managing their shares.
Hull begins with the basics of investing, the ins and outs of investing in blue-chip shares, and explains how to manage a portfolio for optimal capital growth and dividends.
Hull believes there are four critical skills that successful investors must master, such as timing the sharemarket to maximise returns, managing risk like the professionals, using charting and fundamental analysis to take advantage of opportunities, and hunting down and managing growth and income stocks.
Best read chronologically, Invest My Way uses both the stock and property markets to illustrate key concepts as there are a number of parallels between stock and property investors.
Hull adds: "At every opportunity, I have used working examples to illustrate ideas and concepts because I believe this is the best way to teach."
Aged Care, Who Cares?
Rachel Lane and Noel Whittaker
It's a conversation a lot of us will have to have at some point: what are we going to do about mum or dad when they are no longer able to live on their own?
What options are available?
The whole process of finding new living arrangements for your elderly loved ones can be difficult for both you and them.
Aged care specialist Rachel Lane and finance expert Noel Whittaker have released the second edition of Aged Care, Who Cares? to help take you through the process of finding the best outcome, as making the wrong decision can be costly, both emotionally and financially.
The book is divided into five sections: care in the home; retirement villages, over-55 communities and similar options; aged-card facilities; financial strategies for affordable care; and useful contacts, resources and a glossary
An End to the Bull - Cut Through the Noise to Develop a Sustainable Trading Career Gary Norden
According to the author, a seasoned trader for over 25 years, it's not professional traders' education and intelligence that sets them apart from the rest of us.
It's the strategies they use. In his latest book, An End to the Bull - Cut Through the Noise to Develop a Sustainable Trading Career, Norden reveals what these the tools are.
He explains why your investment strategy hasn't been paying off, looking at the difference between noise and real information, high-performing products for any market condition and a strategy for learning from your losses.
Last but not least, Norden will also help you understand volatility, behavioural finance and other advanced concepts.
Although he admits that not everyone can be a successful trader, there's no reason why you shouldn't at least try to be one, given the right tools.