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Summary: Excellent tapes done personally by Wade
Review: These tapes are actually from the first Wall Street Money Machine book that came out in 1997. The concepts are the same...Rolling Stocks, Options onStock Splits, Stock Split Strategies, Covered Calls and two strategies which have been deleted in the newer books, Dividend Capturing and Section 29 Tax Credits.The information is excellent, timeless and in Wades own voice.Great companion to Wall Street Money Machine Volume 1 and Two Bad Years and Up We Go. Two audio cassettes packed with information. And you Wade Cook bashers, only slight mention of the Wall Street Workshops. Wade also mentions Barron's, Investors Business Daily and Wall Street Journal.
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Summary: WADE TURNED MY INVESTMENTS INTO A MONEY MACHINE!
Review: Using a combination of rolling stocks, covered calls and options on stock splits, I've gone from averaging 10%-20% per year with "buy & hold" stock strategies to 20-30% PLUS MONTHLY RETURNS DOING IT THE WADE COOK WAY! I've read the other revews and feel that that are only three reasons why the negatives are appearing: 1) People haven't really read or understood the book, 2) They are into traditional only "growth style" buy and hold investments, or 3) They have a personal vendetta against WADE COOK for whatever reason (s) and could care less if you the reader gets factual material or not. Oh, there is also a fourth reason; they may be competitors of WADE COOK trying to get you to jump on their bandwagon. Imitiation is the sincerest form of flattery.
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Summary: The book that started it all
Review: I actually bought Stock Market Miracles before this book (because my investment and trading had been so bad listening to a broker that I needed a miracle), got such great results that I went out and bought Wall Street Money Machine as well. The books are similiar but there are enough differences to make buying both worthwhile. This book covers rolling stocks, covered calls and options on stocks splits while Stock Market Miracles goes more into buying and selling puts and other trading strategies. My testimony is that I enjoyed a 100 pt gain following Wades advice in these two books and made more money in one week than I had made in years listening to brokers. There seems to be renewed interest in Wade obviously the news that he is in fact back is not news anymore. So much for the bashers who had him selling juicers and living in exile somewhere. But then, are the bashers ever right? Answer: NO! Welcome back WADE. And investors, use these techniques..they really work.
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Summary: Makes the impossible understandable
Review: I am a retired tax accountant. For most of my professional career I had clients show me their financial information. It was easy to know who was handling their own investments - I followed all of the losses. My observations told me that "John Q. Public" could not successfully invest in the stock market. As a result I told my clients to use the services of a professional fund or manager. Using "Wall Street Money Machine," Wade Cook has changed my belief and my financial future. Wall Street Money Machine is amazing. This book demystifies the stock market. Of course, this book cannot teach everything, it is only a beginning. I am firmly convinced that this book can help all investors, even if they intend on keeping their money in professionally managed accounts. Thank you Wade, I read your book & so did my wife. We used it as a starting point and have now blasted off into the middle of the battle. This book is not perfect, it is a beginning. I have found the book lacking in enough information to actually use the investment techniques Mr. Cook shares. Knowing that the book is just a "stock market teaser" it is important to find a particular investment concept and do more learning. This book gets you started, then you can use other books, magazines, and investment classes to make things work. My wife & I fell in love with Wade's discussion about stock splits. We used Wall Street Money Machine as a starting point. Using other books, classes, and practice we: learned, invested, played, lost, gained, and had a great time. In fact, we love stock splits so much we used that concept and expanded on it by practical experience. Using Wall Street Money Machine as our map we followed stock splits to success in the market. Thanks wade, as a showing of appreciation to you, we wrote a book "Stock Split Secrets." How about reading our book and writing a review for us in exchange? Wall Street Money Machine is a great place to start and retirement is the finish.
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Summary: WADE TURNED MY INVESTMENTS INTO A MONEY MACHINE!
Review: Using a combination of rolling stocks, covered calls and options on stock splits, I've gone from averaging 10%-20% per year with "buy & hold" stock strategies to 20-30% PLUS MONTHLY RETURNS DOING IT THE WADE COOK WAY! I've read the other revews and feel that that are only three reasons why the negatives are appearing: 1) People haven't really read or understood the book, 2) They are into traditional only "growth style" buy and hold investments, or 3) They have a personal vendetta against WADE COOK for whatever reason (s) and could care less if you the reader gets factual material or not. Oh, there is also a fourth reason; they may be competitors of WADE COOK trying to get you to jump on their bandwagon. Imitiation is the sincerest form of flattery.
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Summary: Turned dead equity into a money machine...the Wade Cook way!
Review: Before reading and applying the techniques advocated by Wade Cook, I was lucky to be making 20%-25% per year. (pre March 2000) I am now up to averaging 20%-25% per month with a combination of options, stock splits, rolling stocks and writing covered calls. I know that some people are elated over the stock market performance recently. Wade Cook students have been making those kind of returns since Wall Street Money Machine came out in 1996. In up markets and in down markets. If you were to buy just one Wade Cook book, this should be the one. However, I would also recommend Wall Street Money Machine Vol 2 (formerly Stock Market Miracles) Good luck in getting up to speed the Wade Cook way.
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Summary: Excellent tapes performed by Mr. Cook himself!
Review: I bought this tape set a few days ago at my local bookstore. Mr. Cook does a excellent job describing how the stock market works, basics, rolling stocks, covered calls, options, stock splits and dividend capturing. Using the advice on this tape set, I made a huge return buying a biotech stock. Experienced investors may think this is no big deal but to a newbie like me it was exciting to make in one day what used to take me four years with conventional advice. Great advice Wade. Thank you and Happy New Year! If ever we meet, lunch is on me.
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Summary: wall street money machine
Review: read the book. did great.I looked at the other reveiws to see if I should buy another wade cook book. some reviews said the book was crummy. some good.guess I would buy other books because I thought this one was good. some people can not seem to acceopt help from any one.I have averaged a 6% monthly return. no I do not work for wade cook. norman twa
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Summary: Back Off!
Review: If you trash the book, you didn't get it! This is not a "get rich quick" scheme! For beginners, this is the book for you. The problem with the skeptic's is they're all looking the the "big nipple in the sky". In other words they don't want too do any work to make money. That's why they'll be 9 to 5'ers all their lives. Do your homework and you to can make some cheese with these formulas! God Bless!
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Summary: Enough Good Info to Be Extremely Dangerous
Review: I have heard about Wade Cook for quite a while, but had never read his books or listened to a tape. Then, one of my clients "discovered" him and bought several books and tapes and became very excited, telling me he had finally "learned the secrets I've been looking for." This individual urged me to read the books, and began trading very actively. Within a month, that he was losing hundreds, even thousands of dollars every week, but his enthusiasm and excitement seemed greater than ever. Confused, I read the book he had given me. I am appalled! There is a lot of basic, true, information in the book. But the over-all "context" or flavor to the thing is a recipe for disaster! No wonder my client is losing money! If you want to learn about investing and develop some sophisticated techniques, (a) you won't learn it in from one book, (b) you won't learn over-night, (c) you won't learn without solid, objective instruction. Find a reputable financial planner, or take a solid course at your local community college, or buy 10 books by 10 different (reputable) authors and give yourself the equivalent of at least one good college class. Then, start small, review your results, take notes, and build. You'll get rich. Making money through investments is a skill. You can learn it, but this book strikes me as very dangerous.
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