ADVFN Guide: A Beginner’s Guide to Value Investing by Clem Chambers
The stock market is not only for rich people, or those intent on gambling. Value Investing is how Warren Buffet became the richest man in the world. A method of investing in the stock market without taking crazy risks, Value Investing will help you build your fortune, no matter the economic climate. In this book Clem Chambers, CEO of leading global stocks and shares information website ADVFN, explains how value investing works in seven, easy-to-digest chapters.
Perfect for novice investors, the book clearly outlines how to choose the best stocks and how – thanks to the Internet – it’s now possible to access trading tools that would have once cost thousands of pounds, completely free. With added advice on how to monitor your stocks and when to sell them, and Chambers’ own special rules for weeding out bad companies that appear good on the surface, A Beginner’s Guide to Value Investing is the perfect way to ensure you ‘get rich slow’ with minimal stress.
Interview with Clem Chambers about ADVFN Guide: A Beginner’s Guide to Value Investing
Q: At a time when personal budgets are being squeezed, why do you think value investing is important?
A: As pensions for the baby boomers evaporate and the horizon of retirement recedes for younger generations, there are less and less ways to ensure your financial future. To many the situation seems hopeless.
The only real solution is for people to take control of their own destiny and invest their own money.
Whatever you think of the middlemen in the pension world, in any event they take a fat cut. At the very least investing your own money adds back that fat margin into your returns. Over the years this is a huge amount of money.
A: The world of trading and investing often confuses beginners set on getting rich quick. Will this book help them in their aim?
A: Firstly, let’s not confuse investing with trading. Let’s put trading to one side and leave that to the gamblers.
Investing is not about getting rich quick; it is about diligently building up wealth over the long term. It’s about building a pot of money that will look after you when you stop work. Long term investing is one of the few ways this can be achieved and value investing is the basic strategy.
So where does the man in the street start?
ADVFN’s Beginners Guide to Value Investing is written to be a short, hands on guide to the basics of buying value stocks. It’s not academic or exhaustive, it’s not a definitive encyclopaedia, it is an easy to read, crash course in how to get started.
Its accessible, its straight forwards, its plain speaking and it’s a jump off point for anyone who wants to make a start investing the good old fashioned way.
Q: What advice would you give the novice investor?
A: The hardest part of investing for most people is knowing how to get going. For that they need a simple template that keeps them away from the stock market’s shark infested waters that keep so many people away from shares all together.
This is the goal of ADVFN’s Beginners Guide to Value Investing and it provides a platform for private investors to develop further investment skills –an attempt to open the door to the world of investing to all, a world so few dare enter.
A: So a beginner has learnt the basics, what’s next for them?
A: My previous book, 101 Ways to Pick Stock Market Winners, has been very well received and I’ve been told by fund managers that they keep it amongst their favourite books.
However it is no dry technical tome; like ADVFN’s Beginners Guide to Value Investing it is a straight talking, pithy handbook that boils down and makes assessable back investment ideas.
It is a good follow on as it is packed with stock picking techniques to help investors select shares for their portfolio. Picking stocks is not just about spotting good companies; it’s also about discarding shares that aren’t right for you.
101 Ways to Pick Stock Market Winners is a tool box of techniques designed to help investors zero in on excellent shares.
About the Author
Clem Chambers is CEO of leading global stocks and shares information site, www.advfn.com. With intricate knowledge and years of experience Clem Chambers is one of the world’s most highly sought after market commentators. Regularly appearing on BBC, CNN, Fox News, Al Jazeera and CNBC, Clem’s analysis influences how the market moves. In addition to media appearances, Clem has written investment columns for Internet bible Wired Magazine, which described him as a ‘Market Maven’, and writes regularly for Your Trading Edge, Index Trader, Gulf News, Mac Format, Inversionista, the Scotsman and Forbes.