We had 500 free copies of Tim Winnifrith’s new Amazon listed book, the 49 Golden Rules for making money from shares, to give away. But after less than 48 hours we now have less than 200 free copies to hand out. To get your free copy act fast by clicking here.
I started discussing this e-book late autumn with my friend Stephen Eckett. So it has been a long time a coming but, I reckon, it is worth the wait. The 49 Golden Rules for Making Money from Shares can be bought for £10.25 on Amazon but I have managed to persuade Galvan to sponsor another 500 free copies.
Most investment books seem to be large enough to keep the front door open and while some contain gems it is hard to find them amid the verbiage. The aim here is to produce a shorter guide which simply cuts to the chase. I hope that it will provide food for thought for everyone from beginner to expert but whoever you are it should be quick and easy to read and digest.
I do not claim to get every investment call right. Over the years I have got it right far more than I have got it wrong but I freely admit to some bad decisions. I hope that as I approach 25 years writing about shares I have learned from my mistakes.
Part of that learning process comes from listening to folks who really know what they are doing and learning from them. As such I should thank for their assistance, at one point or another over almost 25 years, in helping me distil my ideas or in providing some ideas themselves either wittingly or unwittingly ( by talking to an attentive me), men such as Nigel Wray, Mark Slater, Jim Mellon, Malcolm Burne and the great Clive Wolman.
With every rule I aim to be short, sharp and to the point. This is a book you can read all in one go or just a few rules at a time. I offer up as an example Rule 3: Beware Lobster Pots
This will be inscribed on the gravestone of legendary gold investor Malcolm Burne, it is his catchphrase. A lobster pot is easy for the poor lobster to enter but almost impossible for it to escape from. And so it can be with smaller company shares. If the wider market is flying or an individual small cap is on a charge there is probably a decent two way market. But if enthusiasm for a given stock wanes or if you are in anything other than a bull market then for many small caps there will be plenty of sellers but just no buyers.
Incidentally ever tighter rules on closed-period dealings by directors has removed one big constituency from the buyers’ brigade from the market for much of the year. So before you buy a small cap look at what its long run trading volumes have been. A share that has in the past been illiquid for many months may well be so again. It is a lobster pot in waiting. Ends.
There are 48 other golden rules where that came from. I hope that folks enjoy this book and find it useful.
You can buy the book for £10.25 on Amazon HERE
But we had 500 copies (actually now less than 200) to give away on a first come first served basis thanks to a kind sponsor. You can bag your free copy while stocks last HERE
Best wishes
Tom Winnifrith