123 Book Meme: Winning Investment Strategy

By Pinyo, on February 17, 2008

I was tagged by DebtKid to participate in the 123 Book Meme.

The rules:

1. Pick up the nearest book (of at least 123 pages).
2. Open the book to page 123.
3. Find the fifth sentence.
4. Post the next three sentences.
5. Tag five people.

The book closest to me is The Only Guide to a Winning Investment Strategy You’ll Ever Need by Larry Swedroe. I reviewed the first part of this book in January, and will be reviewing the remaining two parts of this book shortly. If you are interested in hearing more about Larry, he writes monthly “Ask The Expert” columns for me, and I wrote a review of his other book, Wise Investing Made Simple.

Here’s what we find on page 123:

Investors considering inflation-protected securities should evaluate the decision on which is the preferred vehicle based on current yields, their current tax situation, their ability to hold to maturity, their ability to accept principal risk, and whether the investment is for their taxable or tax deferred account. These investments should also be compared to the yields on alternative short-term fixed-income securities. With the preceding information, we can now determine the winning strategy for the fixed-income portion of our portfolio.

Wow, these are three information-packed sentences. My original intention was to elaborate on them, unfortunately, fixed-income is one of my weaknesses. I guess, I better pay extra careful attention when I get to this section of the book.

Now, I am going to tag:

• Quest for Four Pillars
• Millionaire Money Habits
• Prime Time Money
• Rocket Finance
• My Dollar Plan

Have a great Daytona 500 Sunday — it’s the 50th running! Go Junior!

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Pinyo is the brain behind Moolanomy personal finance blog and a few other web sites. If you like this article, please subscribe for free daily email updates.

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