Book Review: Profit From Uranium

By | March 23, 2007

This book talks about the growth and opportunities in Uranium. It illustrates the demand for Uranium and Uranium is the resource we should all buy now. After reading this book, I became more interested in investing in Uranium.

For specific investments, the book recommends buying BHP Billiton (BHP), Rio Tinto plc (RTP), Cameco (CCJ) and United States Enrichment Corporation (USU). Uranium is becoming more scarce and the price of Uranium only has one direction to go – up.

The book also talks about The Investment U’s Philosophy to a successful investing. One principle is a Trailing Stop Strategy of 25%. This is when you put a trailing stop of 25% on a stock to protect your profits or limit your losses from 25% off the peak. Another principle is Position Sizing. You should not have more than 2% of your portfolio in any individual stock. And the other principles are Emotionless Investing and Asset Allocation.

The book was easy to read and short enough to finish in a short time. It took me a few days, because I read it only during my train rides, but it could be finished in one sitting.

Recommended: Yes

Disclaimer: No compensation was received for this review. The contents on the post are entirely opinions of the blogger.

One thought on “Book Review: Profit From Uranium

  1. Moneymonk

    I agree, Uranium has growth and opportunities. I have an Australian ETF, which hold BHP and Rio among others and it is doing well so far.

    Reply

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