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Hardcover
258 pages
ISBN 9781591842118 Published Nov. 2008
Portfolio
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Altucher shows how to find forever stocks--ones investors can safely buy and hold for at least 20 years--in order to build a strong, long-term portfolio, and one that is diversified enough to withstand the various cycles of the market.
From the Publisher:
How to find companies with high long-term value by understanding key trends
Warren Buffett once said that his favorite holding period for a stock is "forever." Now James Altucher shows how to find "forever" stocks--ones you can safely buy and hold for at least twenty years. These companies will profit from broad demographic trends and can ride out any short-term market fluctuations.
For instance, Altucher says it's smart to invest in:
Obesity: 33 billion dollars are spent each year on services for the obese
Dirty Water: Developing countries are finding it much harder to deliver clean water to their growing populations, and companies that sell clean water treatment technologies will thrive
Luxury: The rich are recession-proof, and the stocks of luxury producers make a great hedge against any slowdown in the global economy
"The Forever Portfolio" shows investors how to build a strong, consistent, long-term portfolio, diversified enough to withstand the various cycles of the market.
Tagged: Investments, Stocks, Portfolio management
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