Getting Rich with Low-Priced Stocks

by F. Philip Rice and Philip R. Rice

There's big money out there for the stock playe who knows how to pick winners. But don't judge a stock by its price tag; according to the author of this book, one hundred $5 shares may be smarter buy... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0133546144
• ISBN13: 9780133546149
• Release Date: January 1984
• Publisher: Prentice Hall
• Length: 132 Pages
• Weight: 1.00 lbs.

Customer Reviews

Getting Rich with Low-Priced Stocks

Of this book Tom C Carson III, Director of Sales at Raytheon Data System Co wrote: "You have encapsulated the most easily understood advise for buying stocks I have ever read. Any person who is putting money in the market should consider this book required reading". Indeed, by using the 10 steps discussed in chapter 4, Dr Rice has never lost money and has usually earned fabulous profits. However, I am not going to disclose the 10 steps in this review lest I will spoil the fun. You just 've got to buy the book. Anyway, there's big money out there for the stock player who knows how to pick winners. Stripping away Wall Street mumbo-jumbo, this book tells you, step by step, exactly how to pick up the right fast-growth stocks selling for $10 per share or under based upon their fundamental value. This book identifies all the important factors you should consider when deciding when to buy, sell or stay put with a stock: trends in industries, past performance, "bull" and "bear" markets, and more. This book also reveals the money-making strategies that can maximise your profits once you know which stocks you want - like averaging downward on a stock when price has dipped, buying on margin and pyramiding holding to thousands of shares. Lastly, the book tells you how reinvestment and using discount brokerage, inter alia, can let you keep more of what you've made. Digest this book and you might end up rich.

Safety and Growth in Low Priced Stocks

The author shows you why the best investments are low priced stocks. They grow faster in the good times and lose less in the bad times. The author thinks that it's more likely that a $5 stock will go to $10 than a $100 stock will go to $200. However, this opinion is outdated. That's just not the case anymore, especially with the more volatile tech stocks. In either case, the gain is 100%. The book is short enough to be read in an evening. But take the advice with a grain of salt...