Build Wealth With Common Stocks
Market-Beating Strategies for the Individual Investor
by David J. Waldron
This title was previously available on NetGalley and is now archived.
Send NetGalley books directly to your Kindle or Kindle app
1
To read on a Kindle or Kindle app, please add kindle@netgalley.com as an approved email address to receive files in your Amazon account. Click here for step-by-step instructions.
2
Also find your Kindle email address within your Amazon account, and enter it here.
Pub Date 19 Jan 2021 | Archive Date 30 Apr 2021
davidjwaldron.com | Country View Imprint
Talking about this book? Use #buildwealthwithcommonstocks #NetGalley. More hashtag tips!
Description
"An informed investor has a far greater chance of getting rich slow than getting rich fast, and getting rich slowly is better than not at all." - Best First Lines, Publishers Weekly
From the dust jacket's inside flaps:
Written for individual investors by an individual investor,
In Build Wealth with Common Stocks, David J. Waldron shares actionable ideas to construct a potentially market-beating portfolio of the common shares of enduring companies to fund life's significant milestones.
Waldron offers inspiring wisdom and memorable anecdotes to keep the reader moving forward during the endless roller coaster rides of market cycles.
On Outperforming Wall Street
Despite limited capital, the individual investor on Main Street has the potential to achieve superior returns with lower costs and less risk than the power brokers working on Wall Street.
On Being a Thoughtful Investor
To paraphrase American baseball legend Yogi Berra, investing is ‘90 percent half’ common sense. The ‘other half’ is patience and discipline.
On Patience
Patience is the scarcest and, thereby, the most valuable commodity available to the retail-level investor.
On Discipline
One rule virtually guarantees you will never lose money on an investment (Chapter Five).
On Productive Fear
A portfolio constructed on the fear of losing money is destined to outperform a basket thrown together from the fear of missing out.
On Taking Ownership
Stop placing bets on stocks and start investing in companies.
On Active vs. Passive Investing
Buy slices of the best companies in the sector, reserving the index for hedging your portfolio.
On the Perils of High Yield Dividends
Chasing current yield is a recipe for junk equity. Instead, practice this more profitable concept of dividend investing (Chapter Nine).
On the Death of Value Investing
Value investing is never dead; it’s just less popular than short-term growth stories. As long as there are financial markets or farmers’ markets, value prevails.
On the Benefits of Self-Directed Investing
Build your beach or lake house instead of your financial advisor’s.
On Assessing Risk
A risk understood, accepted, and well-managed becomes the risk worth taking.
On Being a Defensive Investor
Outperform the market by managing the downside while allowing the upside to take care of itself.
About the Author
David J. Waldron is an individual investor and the author of self-improvement books for those seeking to achieve the personal and professional goals that matter most in their life. He earned a Bachelor of Science in business studies as a Garden State Scholar at Stockton University and completed The Practice of Management Program at Brown University. Take control and achieve your dreams at davidjwaldron.com.
Copyright 2021 by David J. Waldron. All rights reserved.
A Note From the Publisher
For inquiries, interview requests, guest posts/book excerpts, or offer constructive feedback, write the author at info@davidjwaldron.com.
Advance Praise
Individual Investor Praise for Build Wealth With Common Stocks:
“Build Wealth with Common Stocks is the best book I've read on stock selection in my 55 years of investing.” —Bud Joyner, Memphis, TN USA
_____________________________
“David J. Waldron’s book inspired me to begin investing! Learning the benefits of planning and research toward owning slices of great companies helped me to develop a winning game plan for my inaugural portfolio.” —Shonna Dent, Pueblo, CO USA
_____________________________
“I have read a ton of books on investing, and Build Wealth with Common Stocks is the most outstanding. Chock-full of wisdom that every individual investor needs to know. You will feel as if this book was written just for you.” —Ram Persaud, Toronto, ON Canada
_____________________________
“David J. Waldron provides a complete framework for any individual investor looking for a thorough and common-sense understanding of value investing.” —Mariska Mosterd-van Wijnen, Ermelo, The Netherlands
_____________________________
“From developing the right frame of mind to evaluating key metrics to determine if a stock is a good investment, Build Wealth with Common Stocks guides you through the process with terms and language that any do-it-yourself investor can understand and put into practice.” —Justin Loidolt, Boise, ID USA
_____________________________
“David J. Waldron’s latest book is a great road map for individual investors with a long-term horizon. His common sense approach teaches you to assess each company on its merits and to understand the value of the business. A smart alternative to passively owning every company in an index. Highly recommended!” —Robert Weiss, CFA, Sarasota, FL USA
_____________________________
“Build Wealth with Common Stocks is an excellent resource for a teacher to assign students in a class on financial literacy. David J. Waldron’s contrarian approach could be contrasted with the traditional Wall Street view and provide students an excellent background for increasing knowledge in the principles of investing.” —James Devine, Daytona Beach, FL USA
_____________________________
“The first finance book that I have found easy to read and understand, and not intimidating. I highly recommend Build Wealth with Common Stocks for a stock market neophyte like myself or anyone who enjoys learning about different investing strategies.” —Chrissy G., Providence, RI USA
_____________________________
“David J. Waldron focuses on sound investing practices with a relentless commitment to both the price of the stock and the quality of the company.” —Rick Urquhart, Cape Coral, FL USA
_____________________________
Build Wealth with Common Stocks teaches us how to smartly engage in charting our own investment success. The straightforward techniques David J. Waldron offers for establishing and managing a common stock portfolio is accessible and doable for all. This book is a rich reservoir, rooted in deep knowledge and experience that will guide your investment practice for sustained financial success. — Carolyn W., Bloomington, IN USA
Marketing Plan
Promote jacketed case laminate hardcover - published on January 19, 2021 - in Q1 2021 in advance of eBook, audiobook, and paperback formats releasing at later dates.
During the promotional period, generously offer advance review copies of the book to influencers via NetGalley and BookFunnel to generate published reviews.
Welcome interviews and guest posts on personal finance and investing websites, blogs, podcasts, and video channels, focusing on a commitment to the host site's mission and objectives.
Submitted requests for formal reviews to Midwest Book Review and other relevant sites.
Promoted book on PW Select, plus entered the BookLife Prize Nonfiction Contest.
Share launch activities on the author's website and social media platforms, specifically, davidjwaldron.com and Goodreads (including a giveaway). Post helpful stock investing wisdom and anecdotes from the book on Twitter, StockTwits, LinkedIn, and Pinterest.
Leverage Amazon Author Central.
Help-a-Reporter Out (media queries welcomed).
Offer free chapter giveaways to supplement "Look Inside" and published excerpts.
Following hardcover publication, release eBook, audiobook, and paperback in succession, supported by the continuation of the above promotional activities and the testing of initial display advertising in early to mid-2021. Maintain targeted display advertising beyond the expiration of the promotional period on April 30, 2021.
Open to additional cost-efficient promotional and marketing ideas and opportunities.
Available Editions
| EDITION | Hardcover |
| ISBN | 9781735552408 |
| PRICE | US$29.95 (USD) |
Available on NetGalley
Featured Reviews
Philip L, Educator
I found this book very readable and it gives great advice on building a portfolio for long-term growth. This is about investing not about making a quick buck. Although written from a US perspective, it is relevant to other countries too.
Reviewer 262225
This book by the author David J Waldron is about building wealth by investing in the stock market. The author says that An Informed individual investor has a far better chance of getting rich slowly than getting rich fast, and getting rich slowly is better than not at all.
The author lists 10 principles which exhort the user to be disciple, do not get carried away by the market sentiments , apply common sense and be prepared for the risk that any stock market can have.
While talking about strategies the author talks about defining value proposition, quantifying shareholder yields and a few more.
The author has provided a template for a model portfolio which can be used to build a portfolio with a purpose.
Overall this is a nice book and I want to explore the model portfolio more for fixing my current portfolio. Please do read if you are into the stock market. principles, strategies discussed in this book are applicable globally.
