Power Investing With Sector Funds: Mutual Fund Timing & Allocation Strategies
Description:
By learning to read the direction and strengths of the market, even novice mutual fund investors can outperform the best stock pickers. That's because 90% of a stock's price movement is determined by trends in the market or the industry -- not in the quality of the company.
And only Power Investing with Sector Funds supplies a simple and effective technique for gauging ebbs and flows in the market -- and investing in the best-performing sectors at the right time, both in the U.S. and abroad.
With the help of four technical tools -- charting, trend lines, 20-week moving averages, and relative strength -- the book completely covers the principles of diversification, asset allocation, and sector investing. Best of all, the system outlined here takes just 15 minutes a day and is a boon for both independent investors and professionals.