Buy - DON'T Hold: Investing with ETFs Using Relative Strength to Increase Returns with Less Risk

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Updated related materials at buydonthold.com. Buy--Don't Hold: Investing with ETFs Using Relative Strength to Increase Returns with Less Risk - Front Cover Short Title Title Page Printer's Imprint Dedication Contents Foreword Acknowledgments About the Author Introduction My Early Beginnings in the Stock Market My Investment Experience Spans Over 50 Years The Purpose of This Book Why I Wrote This Book Now Managing Your Financial Affairs Is Critical Benefits of Managing Your Own Investments 1. The Stock Market Roller Coaster Secular Bull and Bear Markets Latest Bear Market Bear Markets Have a Long Recovery Time Historical Market Returns Are Not a Forecast of Future Returns Forget About Relying on Investment Books with Outrageous Titles Stock Market Facts Arguments For and Against Buy-and-Hold (BAH) Ten Arguments for BAH Seven Arguments Against BAH Mutual Fund Managers Do Not Practice Buy-and-Hold Wall Street's Objective Is to Keep Your Money Under Management In the Stock Market Expect the Unexpected Three Reasons for Corrections, Crashes, and Bear Markets Market Crashes Are Devastating Time to Break Even After Bear Market Debacle Secular Bear Markets Are Not That Rare Investing in the Stock Market Is a Very Risky Proposition Preservation of Capital Is Paramount Endnotes 2. Understanding the Concept of Risk Risk Tolerance Questionnaires Have Major Shortcomings Typical Risk Tolerance Questions New Risk Tolerance Questionnaires FinaMetrica Questionnaires Recent Market Decline Has Brought Risk to the Forefront Market and Individual Stock Risk Diversification Risk Inflation Risk Protecting Your Principal Is Paramount Use Stop Orders to Protect Profits and Minimize Losses Final Point Endnotes 3. Personal Investing Plan: Six-Step Road Map to Success Step 1: Determine Your Current Risk Level Step 2: Review Your Existing Investment Portfolios Step 3: Assess the Stock Market's Condition Step 4: Invest in a Selected Universe of ETFs Step 5: Select Top-Ranked ETFs Based on Relative Strength Analysis Step 6: Protect Your Portfolio Using Stops Investing for Retirement The Bear Market Impact Is Devastating Retirement Accounts Offer Tax Advantages and Compounding of Principal Investment Choices Vary by Plan No Capital Losses Are Available in Retirement Accounts Retirement Investing Using Our Action Plan Endnotes 4. Exchange-Traded Funds--The Most Suitable Investment Vehicles Investing in Actively Managed Mutual Funds Is Not Recommended Majority of Active Fund Managers Have a Poor Track Record Index Funds Have Garnered Most of New Equity Mutual Fund Money ETFs Are the Preferred Investment Vehicle Comparison of ETFs to Mutual Funds Exchange-Traded Fund (ETF) Basics ETF Benefits Are Extensive ETF Risks Leveraged ETFs Are Very Risky and Dangerous in the Wrong Hands ETF Allocation for Different Investor Types Recommended ETFs Appendix 4.1: Discount and Full-Service Brokerage Firms Appendix 4.2: ETF Resources Recommended ETF Books ETF Web Sites Endnotes 5. The Stock Market Dashboard--Key Stock Market Indicators to Gauge the Market's Direction Pay No Attention to Wall Street Experts Introducing the Stock Market Dashboard Three Market Entry Strategies to Consider Sell All Equity Positions on a Dashboard Sell Signal Investing in Fixed Income ETFs Using the Dashboard Dashboard Indicators 1. Percentage of New York Stock Exchange (NYSE) Stocks Above Their 50-Day Moving Average (50-dma) 2. NASDAQ Composite Stock Index Crosses Its 100-dma 3. NYSE Daily New Highs Minus Daily New Lows 4. NYSE Bullish Percentage (NYSEBP) Index on a Point-and-Figure Chart 5. NASDAQ Composite Index with MACD (Moving Average Convergence-Divergence) Indicator 6. AAII Weekly Investor Sentiment Survey Bullish Percentage 7. Best-Six-Months Strategy with the MACD Indicator 8. NASDAQ Summation Index (NASI) Moving Average Crossover with MACD Indicator Confirmation Indicator Scoring System Number of Yearly Buy and Sell Signals Dashboard Score Card Dashboard Indicator Data Gathering General Comment on Placing Market Index on Indicator Chart Table 5.3 Quick Summary of Obtaining Indicators from Stochcharts.com Sample Dashboard Report Endnotes 6. Using Relative Strength Analysis to Determine Where to Invest The Basic Premise of Relative Strength Analysis Relative Price Strength Test in 1969 and 1970 Relative Strength Studies by Colby, O'Shaughnessy, and Kirkpatrick Relative Strength Investing with ETFs--A Great Combination Always Check the ETF's Chart Before Purchase A Limited ETF Investing Universe ETF Selection Strategy #1 Category ETF Selection Strategy #2 Entire Universe When to Sell ETFs That Fall in the Ranking Using www.etfscreen.com to Rank ETFs Basic Information Provided Web Site Style and Market Segment Views Morningstar Style Box SPDRs Select Sectors Back-Test of SPDR Relative Strength Intemational--Country ETFs Fixed Income ETFs Composite Rankings on Our Customized ETF List and Comparison Chart Using www.etftable.com to Rank ETFs SPDRs Select Sectors Example Composite Rankings on a Customized ETF List Other ETF Web Sites with Performance Data Appendix 6.1: Alphabetical Listing of ETF Symbols for Composite Performance and Ranking Tables Endnotes 7. Subscription Software for Ranking the ETF Universe High Growth Stock Investor Software (HGSI) HGSI Capabilities ETF Coverage Edit Filter ETF Relative Strength Ranking ETF 26-Week Price Performance ETF Weighted Combination Ranking Charting Example and Indicators VectorVest Software Market Timing Indicator ETF Composite Price Performance Over 26 Weeks Endnotes 8. Putting It All Together Step 1: Determine Your Risk Tolerance and Investor Profile Step 2: Examine Existing Portfolios for Possible Reallocation Step 3: Evaluate the Stock Market's Condition Interpreting Dashboard Signals Three Approaches to Buying ETF Positions on a Consensus Buy Signal Sell All Positions on a Dashboard Sell Signal Working Through Dashboard Signals Near the March 9, 2009, Market Low Step 4: Invest in the Recommended Universe of ETFs Step 5: Select Top-Ranked ETFs Based on Relative Strength Analysis When to Sell ETFs That Fall in the Ranking Step 6: Protect Your Portfolio Using Stops Refrain from Refining Your Investing Plan Four Interesting Insights to Ponder A Last Word Appendix 8.1: October 2007 Dashboard Scores In Summary Endnotes Bibliography Index FT Press Rear Cover