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Friday, April 4, 2008

Crash Profits: Make Money When Stocks Sink and Soar! by Martin D. Weiss


Product Description

Smart investing strategies from bestselling author and America's consumer advocate for financial safety
Filled with against-the-grain attitude and seasoned market wisdom, Crash Profits explains not only how to survive, but how to make money before, during, and after a crash. Using real examples fresh from the financial pages, Weiss delineates the full range of risks facing the average American. He shows readers how to see through the lies that Wall Street tells and how to find safer alternatives to stock investing, as well as what to sell, how to sell, and when to sell (and when not to sell). Here's the unvarnished truth about investing today, coupled with the strategies every American can use to turn windfall profits while others are losing their shirts.
Martin D. Weiss, PhD (Palm Beach, FL), is Chairman of Weiss Research in Palm Beach, Florida. His previous book, The Ultimate Safe Money Guide (0-471-15202-1), was a Wall Street Journal, BusinessWeek, and New York Times business bestseller
Product Details
Amazon Sales Rank: #385641 in Books
Published on: 2003-01-24
Number of items: 1
Binding: Hardcover
368 pages
Editorial Reviews

Book Info
A timely and comprehensive guide offering prescriptive measures anyone can take to protect their investments. Includes ten safe money strategies that anyone can use and shows readers how to employ these strategies to make new investments or as a way to protect existing investments.

From the Inside Flap
Secrets To Safely Growing Richer In Troubled Times-From New York Times Business Bestselling Author Martin D. Weiss, PhD

In Crash Profits, Dr. Weiss weaves a compelling story of Wall Street's deceit, crimes, and blunders that gave birth to today's treacherous investing environment. His story then crosses into the future, painting a vivid and alarming picture of the potential damage these misdeeds and mistakes could continue to cause for your stock, bond, and real estate investments in the months ahead. Best of all, Dr. Weiss gives you easy-to-follow, step-by-step instructions to make PROFITS-both while the market is falling and when it recovers.

With against-the-grain attitude, seasoned market wisdom, and a fast-reading narrative style, Crash Profits outlines TEN practical strategies that will help you secure a bright financial future regardless of your age or financial situation. Using real examples fresh from today's latest events, this invaluable guide provides a practical plan to protect you from losses and get you started immediately on a fast track to recovery and profits. With Crash Profits you will . . .
Never get crushed by falling stock prices again
Protect the value of your home and real estate
Win while everyone else is losing

From the Back Cover
If continuing corporate collapses, Wall Street lies, and economic uncertainties have left you wondering whom to trust and what to do with your hard-earned money, the time to take action is now. Immediately stop any losses, get on a fast track to recovery, and potentially make more money in the next few years than most investors made in the 1990s.

Author Martin Weiss has built a national reputation as a fiercely independent critic of Wall Street practices and as the one advisor showing hundreds of thousands of investors how to make solid profits even while most others are losing their shirts. His previous bestseller, The Ultimate Safe Money Guide, gave readers the know-how to invest wisely and cautiously. Now, in Crash Profits, Weiss arms you with the tools and techniques to profit both while the market is falling and when the market recovers.

Crash Profits gives you . . .
The proven methods to profit from a stock market crash
Seven practical strategies for building wealth in any environment
Fifty stocks you should sell immediately-plus advice on how to sell
Six steps to take right away to protect the value of your home and real estate
More than seventy-five safe alternatives for your money, so you can sleep nights
Practical ways to protect your job, reduce debt, and save more
Specific instructions to turn economic disasters into great opportunities for profit

The message of Crash Profits is original, powerful, and comprehensive. Pick up this book and learn how to win in the market and the economy while nearly everyone else is losing.
Customer Reviews

The title says it all
Given the way the economy is going, this book is a must read. There is a possibility that there will be a stock market crash in the near future: given the unfolding of the subprime mortgage crisis and untold numbers of foreclosures; banks that dabbled in hedge funds and subprime mortgages beginning to feel the pinch; the dollar spiralling downward; and the price of oil skyrocketing. Somewhere in all of this, one gets a distinct feeling of instability, and that is where Weiss's book comes in.

His knowledge of the investing environment is refreshing and at the same time disturbing. He equips the average investor with knowledge that will help him/her in the coming difficult times. This is not a light read, yet the way he weaves story lines through the book, it places the reader comfortably into the investing environment. He gives worst-case scenarios and asks hard questions that makes the reader think. He also reveals astute insight and provides solutions to problems that help the reader feel equipped to tackle the upcoming turmoil in our economy.

The most valuable parts of the book (I think) are
where he mentions that he rates bank and brokerage firms and includes the websites. I felt as if I was reading the consumer report for banks! We actually visited a library and looked up Weiss's bank ratings books there. They rate banks on a quarterly basis, and include a thorough list of banks in every state, their rating and safety (some banks even get A+). We checked out the banks with the higher ratings in our state.

This book provides peace of mind to the average investor trying to save and invest for the future when the economy looks dismally bleak.

Take Prozac!!!
Go hide in a cave, put all your money in US government bills, bonds, and hord gold and wait for the financial nuclear winter to clear up. There..., now you don't need to buy this book.
This book originally came out at about March 2003, at the end of the recent bear market, and was titled "Crash Profits..." at that time.
The whole financial world did not end and the book was retitled to "Investing Without Fear...." so that more copies can be sold.
Weiss is like a broken clock, always predicting that one thing or another is about to crash. He has been wrong so often. Even a broken clock is right twice in any given 24 hour period.

Weiss is a Huckster
This arrogant self-promoter acts like he's right and everyone else is wrong. He's be justified in acting that way if he were right. But he's wrong at least as often. He tries to scare people into buying his books, his newsletter, and (worst of all) his high-priced "trading services". He called for a real estate crash in 2003, a bond crash in 2004, and he's called for a stock crash every year for the past decade.