The Motley Fool Million Dollar Portfolio: How to Build and Grow a Panic-Proof Investment Portfolio

By Tom Gardner and David Gardner

Book Overview

Build a powerful portfolio and outfox the Wall Street professionals using the simple yet groundbreaking philosophy from acclaimed stock pickers and Internet pioneers David and Tom Gardner. A... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 006156754X
• ISBN13: 9780061567544
• Release Date: December 2008
• Publisher: Harper Business
• Length: 288 Pages
• Weight: 1.07 lbs.
• Dimensions: 1.0" x 6.0" x 9.0"

Customer Reviews

A popular pick backed by the financial column Motley Fool's reputation

Just in time for stock market jitters is The Motley Fool Million Dollar Portfolio: How to Build and Grow a Panic-Proof Investment Portfolio. It cautions against rushing to sell stocks recklessly, points out the bargains and profits to be made in a bear market, and provides an innovative investing strategy that draws on the wisdom of dozens of analysts across the country and thousands of investors to offer market-beating stock ideas. Any library interested in long-term investing titles will find this a popular pick backed by the financial column Motley Fool's reputation.

A simply designed method of investing in any market.

This is a simply designed method of creating your own stock portfolio. It provides many different types of stocks so that you will always have a full spectrum of risk, profitability and simplicity.

You Will Become An Excellent Stock Picker!

In the tradition of their best selling books for individual investors, acclaimed stock pickers David and Tom Gardner lay bare the simple philosophy they have used to help millions of investors outfox Wall Street. In page after page of sound, sensible investment advise, this book reveals proprietary methods for uncovering market-beating stocks, the philosphies that underpin the investment strategies of the Motley Fool online community and advise on how any serious investor can attain even the loftiest financial goals. This book reveals the secrets behind the Motley Fool's considerable success. The authors are committed to teaching the timeless principles of successful investing using plain language. The ambitious aim of this work is to assemble these competing investment approaches into a "single" strategy that will help you take your portfolio to $1 million and beyond. It is through the habit of continual savings, the discipline of regular investment, the deployment of 5th grade mathematics, the use of a collection of superior investment strategies and the power of your imagination that you will meet with enduring success. Digest this book and you will become a superior stock picker.

I liked this book a lot!

I'm an amateur investor with a very small portfolio, so I was a little intimidated about reading another book about investing. Most books like this are WAY over my head. But, not this one. Even I learned a lot and I'm looking forward to putting some of this in practice. The beginning was a little tough getting through and I almost quit there. But once I got into Chapter 3, I was hooked. The book starts out by showing you how to pick just ONE stock. It explains the goals of the first stock, how to look for stocks online (no middle man!), how to evaluate a company and its stock (and this was in simple, easy-to-understand terms), and what you should learn from your first stock. It then goes on to explain dividends and how important it is to include stocks that pay dividends in your portfolio. I have some in my portfolio, but I didn't know why. Now I know how and why to look for more! Next, it discusses Blue Chip bargains - value stocks (again, making it easy to understand). I learned that the value of a stock is often completely independent of the daily price that a stock trades for! You have to compare its price to its intrinsic value by looking at the assets of the company, its PRESENT earnings, and the growth of the company. He explains the difference between a value investor and a growth investor and shows how growth does not always benefit investors and how important patience is in this type of investment. He also explains "margin of safety," why its important, and how much to look for when investing in Blue Chips. I especially like the fact that he explains in detail not only how to evaluate companies, but also how and where to find the information! In the small-cap chapter, I learned why small-caps can be a great investment and should be part of your portfolio. I even learned why Warren Buffet doesn't invest in small-caps: He would have to buy the whole company! Not a problem for most of us! He provided criteria to look for in buying small caps. Because of my age, I probably wasn't as interested in this chapter. The next few chapters focus on rule-breakers and foreign investments, stocks that would interest the younger investors or older investors with more risk tolerance than I have! He discusses how to find and evaluate companies that fit into these categories. Again, somewhat over my head. The chapter on CAPS was interesting. He explained a free service on their Web site to help you find the best stocks using data supplied by investors around the world. Last, the book discusses asset allocation and investing in mutual funds. The exciting thing for me was that I discovered that most of my portfolio fits into their guidelines! Now if this darn market would turn around so I could see the fruit of my investing, that would be great! If you're a beginner, an amateur like me, or even more market-savvy, I can't recommend a better book to help you learn about investing. The author has also included a special Web site for owners of the