Why does the book have ten chapters? Can’t I just read the one chapter that explains the strategy in detail?

The other chapters in the book are important, not only to further explain the rationale behind the six steps of the strategy, but just as importantly, to convince you (I hope) of the inevitability of the market’s retracing back to pre-crash levels at some point, usually in the near future. The average bear market lasts about 18 months and occurs, on average, once every four years. The stock market can certainly stay in bear market mode longer, but dividends, interest, and internal rebalancing (explained thoroughly in the book) will all help the portfolio until the market retraces.

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