Wall Street Money Machine : New and Incredible Strategies for Cash Flow and Wealth Enhancement

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Summary: SENSATIONAL!!! BIG$$$$
Review: WallStreet Money Machine is a must read for anyone who is serious aboutmaking some serious money! Mr. Cookteaches; 1) Take calculated risks,2) Know your exit, 3) Don't get GREEDY4) Five times to play options on StockSplits (my favorite) 5) Tax Credits tooffset taxable income, 6) Rolling Stocks to produce consistent income,7) How to talk to your stockbroker,8) Double-dipping, 9) Covered Call"overdrive" strategies and more. Anyone who applies these techniques properly will see large returns andvery quickly!

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Summary: Really makes you stop and wonder
Review: A fabulous book that will have you wondering why you been slaving at a 9-5 job! He makes it sound easy, but always leaves you hanging for "a little bit more"." the hidden message in this book is " its possible to mack mucho $$$...BUT, only with a lot of study, dedication, some free cash, and of couse, some luck. REMEMBER..."the more you study and learn, the luckier you will be" This book can really start a fire in some souls.

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Summary: 3 more things I would like to add.
Review: One is that if you are looking for a quick rich scheme you need to look some where else. Although it will get you rich with application and dedication. Two Wade has a lot of good theories and points you in the correct direction. He does not sum everything up in one book, but if you read into what he has to offer he will answer all of the questions stated in the other review. Three is that it is important to see a good financial wizard at work, so you can learn from him. That is why he mentions the Wall Street Work Shop. Remember, Michael Jordan did not learn how to play ball from reading a book, he first made a decision, model successful people, then he applied it. This is what Wade does and it works. I currently am making a average 22% return a MONTH. It all started with this book.

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Summary: Three things I have to say about this book.
Review: First, Wade Cook makes stock and option markets so glam. Lie! The book praised the big returns but never talk about the downside risks. Two, the author throw you a sale pitch all over the book, saying that you have to go to his Wall Street Work Shop. I mean, I bought a book not a magazine... Three, the book talked about the same concepts over and over again, but never addressed how to PICK A GOOD STOCK to begin with. I gave it a 2 because it at least will give you some idea of options, but don't rely on it solely to trade options.

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Summary: Interesting, but very generalized
Review: Mr. Cook's books can teach you some things about investing, but generally only if you are a real beginner. One thing to beware of, his books are full of come-ons to get bodies into his expensive seminars. I've been to the seminars. Take my advice, you can learn just as much, if not more, from the $25 book than you will learn at the $4000 seminar. Synopsis: read the book, SKIP the seminars.

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Summary: Great content, average presentation.
Review: I've read this book several times. I'd rate the content a 10 and the presentation a 4. Wade is a salesman, first and foremost, which turns many investors off. Wade's approach to investing stresses selling, unlike more the more common investment strategies. The techniques work; I have personally made 20-500% monthly returns using mostly the more conservative strategies (rolling stocks and covered calls). The seminars are overpriced, but still valuable to nonexperienced investors. I found Wade's entity structuring instructions invaluable, well worth the cost of this book alone. The wide divergence of reviews indicate those who have actually used the techniques vs those who are afraid to try and are happy with 10-20% annual returns.

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Summary: Claims are suspect!
Review: The Book is an easy read but is a huge pitch for seminars, other books, and the WIN system. The core facts of option/rolling stocks are basically correct and the explanations of what puts and calls are, remain valid. The returns and claims of great wealth are suspect. In addition, there is not enough downside in the book. I would not recommend this book for anyone that doesn't have some exp.

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Summary: Give this book as a gift to your worst enemy!
Review: WARNING: this is the most DANGEROUS book on "investing" ever written!!! I am truly astounded reading some of the reviews of this book! Are you people stupid or just plain irresponsible? One would have to be totally clueless to fall for the load of BS, self-aggrandizement, and psycho-babble that this "used car salesman" is trying to unload on poor unsuspecting victims in this non-stop infomercial. Come on! When was the last time something "too good to be true" turned out to be for real? You don't actually think that Wade knows something that Peter Lynch and Warren Buffet don't? NOT! If Wade could actually do what he says he can do in this book (turning 10 grand into a million in 3 years), he'd literally be a multi-billionaire within 10 years. If you want to play day-trader using high risk option strategies, there are a number of good books on the subject available at amazon.com (such as McMillan's). I know because I use some of these same strategies, and Wade Cook is not the person to learn them from. The techniques Wade has "discovered" are actually well known, but his coverage of them is so superficial as to be completely useless. Anyone who's made money following Wade's advise is just plain lucky and will likely loose of their shirt before much longer. Stocks DO go down in price occasionally, though you wouldn't know it from reading this book. For further information on the problems with Wade Cook's books and seminars, including what happened to Wade's last "investment" business, see several articles at the respected Motley Fool investment site (http://www.slate.com/motleyfool/97-09-18/motleyfool.asp) and (http://208.206.41.243/Features/1997/sp971006WadeCook97.htm). Or look under Wade's name at the government's Securities and Exchange Commission site. If you're still not convinced, I'll be happy to sell you my copy cheap (if you hurry before I throw it in the trash).

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Summary: A general introduction to stock options, but beware!
Review: Distinctive only for its hawking of the author's seminars. OK on stock options, but Lawrence Macmillan's OPTIONS AS A STRATEGIC INVESTMENT is much better. Cook's "rolling stock" concept, his term for buying at support and selling at resistance, works only in non-trending markets. Weak on determining the short-term trend of stocks, essential in buying or selling stock options. Cook's dividend-capturing strategy works sporadically, and this is before accounting for commissions and the spread. Not enough on risk--how to determine it, and how to deal with it.

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Summary: A 220-page infomercial!
Review: Although Wade Cook gives some good, basic information on cash flow enhancement strategies, be careful not to get suckered into paying thousands of dollars more for his live seminars and W.I.N. online service. Use this book as a launching pad to further your investment knowledge through other books and investment sources available on the Internet