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Book reviews for "Lichello,_Robert" sorted by average review score:
Superpower Investing: The Superpower Way to Bank and Invest Your Money (Featuring the Revolutionary New Investment Discovery Synchrovest).
Published in Hardcover by Walker & Co (1974)
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Get this book!
This was Robert Lichello's first investment book!It talks about a investment system (synchrovest)that is better than dollar cost averaging. If you are thanking of using dollar cost averaging, use this system instead!
How to Make $1,000,000 in the Stock Market - Automatically!
Published in Paperback by Signet (1992)
Amazon base price: $6.99
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Used price: $0.85
Collectible price: $7.75
Buy one from zShops for: $1.75
Average review score:
Great investment idea, awful writing style.
The AIM is an investment technique which is used to maximize your profits with very little risk. It is designed for VERY LONG TERM ONLY. It depends on monthly investments and, over time, will give you a great profit no matter how the market performs. I really like the concept and will use it to plan for my retirement.
Now to the bad part of this book. Lichello's writing style is absolutely atrocious. When I read a book about investing, I want things to be as clear as possible, and as easy to grasp as possible. Lichello's writing, "dumbs down" the concept so much, that oftentimes it is incoherent. You will find such treasures as a conversation between the "Lump Sum Investor" and AIM and these are of course HILARIOUS ! (I'm joking) and serve no purpose other than to waste paper and your time.
If you want to learn about a great investment technique for long-term financial planning that has worked very well for many, I suggest this book. But please be prepared to endure page after page of boring stories, stupid jokes and bad analogies.
The book and the strategy take patience but they work.
This book is wordy but, in my opinion and experience, the AIM algorythmn works. Many of the comments about the market must be taken in the context of the late 1960s to early 1980s period when the stock market was an unpleasant place to invest. Who can tell when the market will again disappoint for years? AIM will work in both good and bad markets. This system beats emotional investing. It eliminates the need to identify market tops and bottoms and makes the best use of whatever price changes your investment throws at it. As long as you can trade inexpensively and select stocks with good fundamentals and relatively high betas, AIM will work for you. I rate this book 5 stars because, for the first time in my life, I am able to invest and trade effectively.
AIM works! Don't talk unless you've tried it!
The investment method in this book is sound and it works. It is truly sad that there are so many people out there who find it so easy to say it doesn't make sense or that it doesn't work when they've never tried it! Those who say that the "sell on the way up, buy on the way down" strategy doesn't work suggesting that you need to ride the peaks have never invested in the real world. Who can know with 100% accuracy when a peak has been reached and who can sell exactly when the peak is reached 100% of the time? Nobody. The strategy helps guarantee profits while providing a high level of protection against catastrophic loss. Like any intelligent investor knows, you invest for the long term not for the short term. So AIM requires patience - nothing new here. You also need to choose your stocks well but even if you don't AIM will still keep you from making a complete idiot of yourself. In my case, I chose a stock, from a solid company, which has ended up varying very little but even here AIM helped me come out ahead. If you are seeking a method which will help you invest your money with relative safety while still making money read and re-read this book and look into AIM but most importantly apply it.
Dag Hammarskjold: A Giant in Diplomacy
Published in Hardcover by Story House Corp (1972)
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Edward R. Murrow: Broadcaster of Courage (Outstanding Personalities, No 4)
Published in Hardcover by Samhar Pr (1972)
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Enrico Fermi Father of the Atomic Bomb
Published in Hardcover by Story House Corp (1971)
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Pioneer in Blood Plasma: Dr. Charles Richard Drew
Published in Library Binding by Julian Messner (1968)
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