Common-stock

Despite recent controversy, this is still a great down to earth book that will make you a better investor. One good idea can be worth big money. There are many good ideas and advice within the pages of this book. Especially well suited for those starting an investment club.

The Beardstown Ladies Investment Club has become a legend in investment club lore. This book has inspired thousands of individuals to get into the stock market. It's not for nothing that NAIC's "Official Guide" is emblazoned on the cover "From The People Who Taught the Beardstown Ladies," since the Ladies' success required in large part NAIC's move into a larger headquarters building a year or so ago! The book is an easy read, even before you get to the recipes at the end, and why not? Who said investing was rocket science, anyway? Personally, I would quibble with a few of their guidelines for stock investing -- the Ladies require a stock to have a Value Line Timeliness rating of 1 or 2 before they will consider buying it, but since Timeliness is a short-term measure, I think it's pretty irrelevant for the Ladies' long-term, growth stock investing methods; the Ladies say they won't buy a stock over $25, but odd-lot differential surcharges disappeared a long time ago, making this an old-fashioned notion about the need for buying in round lots (and to their credit, Betty Sinnock, one of the Ladies, now reports that this rule is no longer in force). Still, by following the strategies outlined in this book, an investor would surely find investing success. Like other successful individuals in any field, the Beardstown Ladies have withstood their share of vitriolic attacks from financial professionals and the media, but the well-deserved accolades have most certainly overshadowed the self-serving criticism. The Ladies have obviously enjoyed being a part of their investment club. Returns from fellowship and friendship are much harder to measure than the returns of a stock portfolio, but just as important in the scheme of thing and more easily forgotten -- a lesson not lost on the Ladies of Beardstown.

Reading the Beardstown Ladies Common Sense Guide to Investing two years ago excited women in my little town (pop.6500) causing us to use the Beardstown guidelines to form 3 clubs. We have experienced returns from 25.6% to 27% on our respective portfolios - certainly better than money market funds or other methods of saving. The guide is easy to read; easy to understand; although the stock selection guides are not a piece of cake but well worth learning. I reccomend this book to anyone wanting to find a better way to save for their future retirement.As a final note we also have one men's club (they are not as adventurous, maybe!) and we are in the process of forming 2 more 15 member clubs making a total of 5 womens clubs and 1 men's club! All using the Beardstown concept!!!! Many Thanks to the Beardstown ladies!

I have spent the last year losing money in the stock market. Everything I tried lost money. I saw the ad for the Alchemy book and thought what have I got to lose? Within one week I was making money, a lot of money. On my first trade I [made quite a bit]. Now all my friends are asking me what option writing is about and if it is hard to do. The program was easy, and the thing I like the best was that I can do it forever. I just wanted to say that this is a great book and I am really glad I found it.

This is a must for a serious trader or a novice just getting started in the market. It goes into great details on how to watch the market and make an instant treasure within a day, or for more sophisticted strategies over a period of time. For times like these, this book has been very helpful to me understanding the market, and of course cashing in.
What differentiates this book is the detail the book goes into. It gives every step in each chapter. If you are thinking of getting some type of second income, than Alchemy is the book to get started with. This book certainly has motivated me be smarter on the market and has brought new life to my financial world.

I found Mr. Czlonka's technique's easy to understand and even entertaining to read through. My husband is already invested in the stock market but these techniques helped us become actively involved with our investments. I would recommend this book as a must read for anyone who is considering ways to make their money grow.