Langdon Strategy: Invest in Stocks & Real Estate

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100.00 USD

Want to Make some extra MONEY ? Then you MUST do some INVESTMENT ! I've written a Guide-Book which gives direct, actionable advice, on how to invest in stocks - and real-estate - and trade these assets wisely, and with real expectation of profit. The book is the result of 30 years of investing, which has allowed me to go from a kid moving from Vancouver to Toronto, with little more than $200 in my pocket, an old English car that barely ran, and my Fender Stratocaster - which I had to sell to cover my first and last month's rent on my first tiny Toronto Apartment. I now have a fine farm, outside of Waterloo, Ontario, I have a collection of cars and trucks, and a nice summer property up north. The key fact here, is that although I had my own little consulting practice, I was severely limited by only being one person, able only to bill tightfisted clients for my time, and the custom software development I did. Often, at year's end - I would have almost nothing left, after taxes and expenses and rent/mortage and food/living costs were paid. If you do NOT invest wisely, and carefully, you will almost certainly enter your "Golden Years" with little to show for a lifetime of effort. The Stock Investing Part of the Guide covers: 1) Definitions: The distinction between traditional investment and speculation is defined, as are a number of other ideas and concepts that are relevant to the discussions to follow. 2) Commitment: Honesty and personal integrity in the business of speculation is critical, as is a real passion for the truth. Deception and fraud are costs, and we show how 'Living in Truth' is a valuable strategy and how it can help us make money. 3) How the Markets really work: We will avoid Economics 101-style demand and supply schedules, and instead I will suggest a simple, process diagram, which provides a model of how prices are determined in a public marketplace. This simple approach allows us to understand that price movements are much less random, or "irrational", than you might expect, and non-randomness is what we are seeking if we want to make money by placing bets on future outcomes. 4) Risk Control: This is the most important thing to know. A brief discussion about Risk Management strategies, and why this is more important than any other single factor in determining if, and by how much, you will be successful. A proprietary idea, called the Trade Value Metric, is explained, which can help in the risk management of speculative positions. 5) Discipline: The importance of doing business in such a way that you do "good trades" instead of "bad trades" is discussed, and some simple tools to assist in maintaining good speculative discipline are provided. The science behind the reasons why such good discipline is critical to speculative success is explained and illustrated. (One simple idea is presented here that is very valuable, and if followed, will vastly increase your chances of being successful as a speculator.) The value of the information provided here is high. Trust me on this. Even very successful speculators can fall into error, and destroy themselves and/or their clients. Specific examples will be discussed. 6) Diversification: Is it an important and valuable approach or just a clever trap? As a speculator, you must think differently about diversification than most traditional portfolio theory suggests. 7) Analysis: An overview of the Art of Investment Analysis is provided. Suggestions are given about what to look for when reading company reports and financial statements - factors which are attractive, and factors which should raise concern. I will also suggest what to look for in the reports produced by analysts, and how you can use the information that the "sell-side" produces to help make you money. 8) Comments on Economics: Some of the traditional economic tools and concepts can be very valuable when applied to speculative situations. Some suggestions are made as to what these are, and how you can use these ideas to identify attractive situations. 9) Strategy and Tactics: A review is made of particular ideas and approaches that are available to an active speculator. To make money, you will want to have a special way of looking at the market, and be indifferent to market direction. Various speculative strategies will be examined here, and some of the practical considerations discussed. 10) Costs: Cost factors are always a concern in any business, and good speculators must focus on cost control like any other business person. The "Magic Minimizations" are discussed; specifically there are a particular class of costs that must be aggressively managed if any serious money is to be made speculating. Failure to focus on these can turn really great speculative results into merely average results, which then impacts the viability of speculation as a business model. ------------------------ My little book (it is actually, not really that little), will offer some of the honest, true and actionable life-lessons that I learned, that helped me become a successfull investor. You do NOT learn this in school. You learn it by doing. And it REALLY helps to read the experiences of others - both successful, and the unsuccessful. For now, I still count myself in the "Successful" category. If you buy my book - I promise you an honest accounting that will reward you, as it will offer real actionable advice you can use, to avoid pitfalls, and improve your chances of success at this most challenging - and important - of all the games we will encounter in our lives. (Click on the Book Title, to see Chapter headings for Real-Estate Investing section) - Mark Langdon, Lorcalon Farm, Ontaro, Canada

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In Japan, they have a phrase for land-investment speculation. It is a great phrase that means: "Land Rolling-like-a-snowball" => Tohchee Korogashi (Tochee is land, and korogashi is to roll like a snowball, and get bigger as it rolls. Same verb in English! ) The Real-Estate Investing part of the Guide covers: 1) Buying property. It is complex. It is very complex, because the people involved in making it possible - they all WANT TO GET SOME OF YOUR MONEY. Because land and property and house buying is historically attractive as an investment, there has evolved a massive infrastructure of complexity and hangers-on who will have to paid-off to make a deal happen: Real-estate agents, lawyers, land-transfer agents, regulators and public officials with their hands out, tax-authorities, land-registration and land-transfer tax officials and agencies, title-insurance offerings, home-inspectors and so on. This list seems to grow each year, as house and land prices continue to rise. We offer some real, actionable advice on how to navigate this nonsense. And mostly, unless the title is not clear for what you are trying to purchase - a lot of it is nonsense and puff. 2) What kind of property should you consider? There are so many alternatives, and there are benefits and risks associated with each. - raw land - partially developed land - developed land (has sewer, water, electricity, but no house yet) - condos and "stratas" ( a west-coast term for condo) - life-lease arrangements (you buy, and upon your death, property is sold at market price, proceeds to your estate. If sale is below your purchase price, your estate gets top-up from lessor) - time-share arrangements (you buy share in a condo) - rental-properties, where you look after the place - rental-properties, with professional managers - multi-unit schemes, where you acquire shares in a tax-assisted multi-unit development, which payoff, upon sale of development, at some future date. This is only a partial list. I will discuss each alternative, and offers suggestions as to what works best. 3) How to find properties. There are many ways to locate attractive investment properties. We suggest some of the less obvious ones. 4) How to add value, and what can be done to make encourage your investment to have a higher future value that what you paid for it now. 5) When to sell. And how to sell. This is never clear. But there are ways to get a sense of this. Like any investment, there is great danger in selling too soon, but there are also - sometimes - VERY compelling reasons to do this. 6) Specific things to look for in a good property investment. Some of these are obvious. But many of them are not. We go over a number if ideas here, which can prove useful. 7) Pitfalls, risks, and the various annoying and awful things that can befall your property investment. Again, many of these are obvious, like awful tenants, legal risks, difficult or abusive neighbours, neighbourhood changes (a new garbage-recycling factory is to be built next door to your lovely country property you just purchased!) and so on. The list of awful stuff that can happen, is endless. We offer some suggestions on how to avoid risks like these, and thus maintain your sanity - and the economic viability of your investment. 8) Specific Case Studies: Here, I offer some specific examples of actual, real-life investments I made. One was a fail, another looked bad at first, but paid-off well after a long time (and offered some real benefits along the way), one paid off roughly 10 times, and a couple of others provided nice, solid tax-efficient gain. Each one, was different - as they typically all are. There is great value in looking at specific results Each one teaches us something useful and valuable 9) Real-estate: What works and what does not & What the Future is likely to hold. To often, real-estate investment is pitched as a "can't lose" investment. This is not true, of course. And now, with prices so high, it is difficult to find anything attractive. Caution is indicated. An investor looking for attractive situations has to be *VERY* careful now We take a specific look at what is likely to play out from here - in the post-pandemic world (writing in the Autumn of 2021). Things are a bit crazy now. We make a forecast of what will likely happen from here. 10) Mortgages and Financing and How the Heck can you Fund Your Investment? This is key section, so we put it at the end here: There are many ways to financially engineer any investent. But you will likely be using "Other People's Money" of some sort. For that, you will either pay interest to them, (or their bank!), or you will offer them a portion of the expected gain on the investment, or some combination. Various alternatives are discussed and specific suggestions offered. 11) How to Fit Real-Estate investments into existing or planned Investment Portfolio decisions? This is a bit of a subtle idea here. If you are careful, and wise, you may meet with success, and have made a bundle on the sale of a property or a house or some other real-estate related investment. What to do with the money? There are infinite possible alternatives, of course. I suggest some specifc strategies - depending on exactly what you did, and at what stage in life you are at. Your investment plans at 25, should be different from your investment plans at 65. But maybe not as different as you think. We caution here, to beware of "experts" and who make it their business to offer you advice and assistance, for a fee. You can gain much success, and have real peace of mind, by keeping focused on what has worked in the past.