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Posts Tagged ‘investing’

Green Investing (a review)

May 6th, 2008

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I checked a book out from the library a few weeks ago called “Green Investing” by Jack Uldrich. When checking out this book I was hoping to find some ideas on companies that were in the business of producing environmentally friendly products and services. This book was full of good information on that subject.

The book was divided into nine different chapters. Each chapter discussed different companies within a certain part of the “green industries.” To better make my point, the following is a list of chapters in the book:

  1. Green Investing: A Long-Term Trend
  2. Due Diligence: Do Your Homework
  3. The Big Dogs: The Fortune 500 Companies
  4. Biofuels: Fuel of the Future?
  5. Solar: Heating up or Flaming Out?
  6. Wind Power: The Sky is the Limit
  7. “Alternative” Alternative Energies: Geothermal, Fuel Cells, Wave Power, & Clean Coal
  8. The Cleanest form of Energy: Energy Conservation
  9. Tracking Cleantech and Building Your Own Cleantech Mutual Fund.

In each of the main chapters, Uldrich gives an extensive list of the companies that are poised to excel in this field. He gives the trading symbol and market (if applicable) for each company. He also gives a website as well. Each company also receives a short description, reasons to be bullish, reasons to be bearish, what to watch for, and a conclusion.

It is nice that Uldrich has done all the hard work for you. He has weeded out the bad companies so that you can focus more of your time on the good ones. This book was published in 2008, so it is very up to date.

One thing that I did not like about the book was that there were a decent amount of companies that were either private companies, or could only be traded in foreign markets. To me, it would be hard to invest in either a private company or one that only traded on a foreign market. I guess if you have the money to invest you can probably find a way though.

In conclusion, I think this book is an excellent primer to the world of green investing. Uldrich has done most of the hard work for you. Now, the investor only needs to find a company that they like and decide if it is worth investing in.

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How Technical Analysis Works (A Review)

March 23rd, 2008

A few weeks ago I mentioned that I had checked out a few finance books from the library. Well my checkout period is over now, and since I will be returning my book tomorrow I thought that I would take the time to write a brief review of the book.

I checked out two books, but I only ended up reading one of them. The one I chose to read was called “How Technical Analysis Works” by Bruce M. Kamich. I will admit that i didn’t make it through the whole thing, but I did make it through all of the topics that I was interested in.

In this book, Kamich does an excellent job putting the mysterious world of technical analysis into easy to understand terms that can be useful to both beginning and experienced traders. An experienced trader may want to read something a bit more advanced though.

Coming into this book I knew a little bit about technical analysis like moving averages and certain volume indicators. The book introduced me to a few new strategies that I have already started to use when analyzing different companies. The three strategies that I found most useful were trendlines, triangles, and areas of resistance and support. A few weeks ago I wrote an article about trendlines from what I had read in this book.

One great thing about this book is that Kamich does not simply tell you what a strategy means, but he also tells you how he uses them to trade. I found that to be very useful, because knowing what certain indicators are will only get you so far. Knowing when, where and why to trade is where your success will come from.

For me I found this book very helpful for the advancement of my trading strategies. The important thing to realize is that technical analysis is not the golden ticket to investment success, but is just one of many tools to use when analyzing a company.

Overall, I would highly recommend this book to someone who wants to know more about using technical analysis as an additional trading strategy.

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