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Key Market Indicators

Rate Type Month Last Change
Fed Funds Rate September .25 0.0
Unemployment August 6.1% --%
Rate Type Month Last Change
Inflation (average) July 1.77% +.01%
Gold (oz) September $1,269 -$41
 
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FAQ's

FAQ Categories

About Lose Your Broker

Membership

The 15-51 Indicator

Building a Portfolio

Questions And Answers

About Lose Your Broker

What is Lose Your Broker (LYB)?

LYB is a communications company dedicated to providing the average investor with all the tools and information required to achieve above-average investment returns.  It is not a financial service firm.  Staying true to our communications mission is the only way LYB can maintain its objectivity.

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What is LYB’s goal?

To become the preeminent destination for independent investors looking for clear-cut analysis, true objectivity, innovative support network and programming, and the most powerful investment tools available.

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How will LYB achieve its objectives?

By arming the average investor with everything required to achieve financial success and independence – in a way that they can understand and comfortably perform.

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Membership

Is my profile information secure?

Yes.  LYB will never sell, rent, or give away your individual profile information or email address.  This information is used internally, only by LYB to serve you better, by enhancing our website, tools, and the programming we offer.  The purpose of LYB is to serve you, not to sell you out.  
 
We use state of the art coding and technology to ensure your protection and will continue to reinvest in the security systems essential to protecting your private information. 

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Why do I have to join the community in order to see programming?

Membership drives web revenues which LYB uses to provide free content and support to all members.

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Does LYB plan to become a pay service?

No.  LYB is intended to remain a free service in perpetuity.  The only way a subscription fee will be introduced is if all other revenue opportunities fail.

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The 15-51 Indicator

Why is the 15-51 Indicator™ (15-51i) important?

The only way to achieve your objectives is to clearly define them.  Aim low and you will miss low.  Aim high.  Beat the 15-51 Indicator.  Success will find you faster.  
 
Because of superior construction, the 15-51i provides indication for stock market strength and above-average stock market returns.  In order for your entire portfolio to outperform "the market" (as indicated by the DJIA) safely and comfortably, your stock allocation must perform above-average (as indicated by the 15-51i).  Here, the DJIA and 15-51i serve as tangible benchmarks for success. 

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Do I still need a broker?

Yes.  Lose Your Broker is not a registered agent of the Stock Market.  It does not sell securities or market investments.  Nor will it ever.  Objectivity is more important to us. 

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What will my broker say about the LYB method?

Oh to be a fly on the wall...
 
They will probably begin by ignoring LYB, saying they haven’t heard of it -- but that it sounds crazy.   Then they will probably say that LYB methodology is  "too narrow," "too risky" or "not diversified enough."  You can expect all kinds of nonsense like that. 
 
Remember, their biggest challenge is finding a way to increase the number of stocks you own from 20,000 to 50,000.  All I have is one book and a free website. 
 
Think about it.  
 
And then they’ll most likely resort to attacking my credentials (and yours, by the way) by saying that I’m too stupid to write such a book, that I lack the experience and pedigree, blah-blah-blah.

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Building a Portfolio

My stock doesn’t appear in the Industry selected, can I still use it where I want to?

Yes.  Our toolbox filters are there to make the selection process easier.  As mentioned in Lose Your Broker, Not Your Money, some companies are impossible to narrow down (i.e. General Electric).  Liberties must be taken. One of the best features of the 15-51 allocation is its flexibility.  However, its purpose is to confine you to small number of stocks without becoming over-weighted in a certain industry, market, or market segment.  When overriding the toolbox filters, make sure you are not over-weighted to an uncomfortable level.

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Is a portfolio with a smaller number of stocks more volatile?

No.  That’s one of the many Wall Street myths debunked in Lose Your Broker, Not Your Money.  Number of stocks isn’t nearly as important as the quality and make-up of the stocks owned.

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Do I still need to read the book if I’m a registered member using the LYB Toolbox?

Yes.  The only way to realize the full benefits of this website is to fully understand the investment process and the LYB method which can only be found in LOSE YOUR BROKER NOT YOUR MONEY.  The purpose of this site is to support the readership in applying the concepts demonstrated in the book.

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When doing my fundamentals analysis, should I use the 10Q or 10K SEC filings for the companies I am investigating?

10Q are quarterly numbers and 10K are annual numbers.  Annual numbers are best to use because they can smooth out the cyclical variations between quarters.  
 
Think of a fertilizer company.  Its operating margins will be higher during spring and summer than fall and winter because more fertilizer is sold during warmer months.  If you compare a summer quarter to a winter quarter you could possibly end up with two completely different pictures, and thus a less valuable comparison.  
 

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