The Folio Phenomenon: New Freedom to Customize Your Investments and Increase Your Wealth
| Author | : | |
| Rating | : | 4.91 (953 Votes) |
| Asin | : | 0793154103 |
| Format Type | : | paperback |
| Number of Pages | : | 224 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
. More than a half-million copies of his 100 Best books, including those covering stocks, mutual funds, stocks under $25, and technology stocks, have been snapped up by investors.He has been a columnist for a number of magazines, including Your Money, Onmoney, World Trade, and CityBusiness, and is a contributor to the Wall Street Journal, Investors Business Daily, Red Herring, and many other leading publications. About the Author Gene Walden is a bestselling author and independent investment analyst. A popular speaker and in
Opened my eyes Kathy S. I found this book very helpful because it opened my eyes to a whole new form of investing that I was never aware of before. It's well-written, gets to the point, and showed me very specifically how to set up my own divisified portfolio online, at an unbelievably cheap price. And what I really liked about the book was that it offered a number of pre-selected portfolios of blue chip-type stocks that you could start with immediately. Walden has done his research.
To combine the benefits of owning risk-spreading mutual funds and the control of owning individual stocks seemed like an impossible dream. Folios allow investors to work with a given dollar amount, thus enabling them to buy fractional shares of stock in as many as 50 different companies. Visionary online investment companies have created a new vehicle-the folio-that brings the best of both worlds to the reach of savvy investors. He discusses everything investors need to know and constructs a number of sample folios, including: • Powering up with a utility folio • Selecting a folio of blue chip all-star stocks • Investing. In plain language, he outlines the advantages and disadvantages, explains what folios are, how they work, and how they came to be, and he provides insights from the leading players in this budding new industry. However, with mutual funds, investors have no control over which companies they own or how and when shares are sold, and they often end up with a tax burden based on the activities of the overall fund. With folio investing, you can build your own "mini" mutual fund containing up to 50 stocks in comp
More than a half-million copies of his 100 Best books, including those covering stocks, mutual funds, stocks under $25, and technology stocks, have been snapped up by investors.He has been a columnist for a number of magazines, including Your Money, Onmoney, World Trade, and CityBusiness, and is a contributor