Investing for Dummies

Investing for Dummies

3.7 33
by Eric Tyson, Rich Tennant
     
 

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It’s been said, and too often quoted, that the only certainties in life are death and taxes. To these can be added one more: being confused by investing. But remember that no one is born with financial knowledge. It's acquired over time.

If you’ve succeeded in accumulating some money to invest, congratulations! You’ve already accomplished a

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Overview

It’s been said, and too often quoted, that the only certainties in life are death and taxes. To these can be added one more: being confused by investing. But remember that no one is born with financial knowledge. It's acquired over time.

If you’ve succeeded in accumulating some money to invest, congratulations! You’ve already accomplished a feat that the majority of people haven’t done yet. But with the increased coverage of the investment world, you may think that investing times have changed. But to a large degree, things haven’t changed all that much. Investments that were lousy years ago are still considered lousy today. But the best investments for building wealth – stocks, real estate, and small business – haven’t changed.

Whether you have a modest or immodest economic means, this easy-to-use guide can help you understand how to increase your wealth by

  • Living within your means and systematically saving and investing money, ideally in a tax-favored manner.
  • Buying and holding stocks, ide ally through the best mutual funds.
  • Building your own small business or career.
  • Investing in real estate.

Equally, if not more, important is understanding and choosing investments compatible with your personal and financial goals. Nearly every professional athlete, movie star, or business big shot that gets on the evening news by making an investment blunder and losing considerable money could have – and should have – avoided the error. With Investing For Dummies, 3rd Edition, you'll discover how to do just that. You'll also

  • Cut through the jargon and get to the heart of what investments are.
  • Figure out what rate of return you can expect and how much risk you should take to get it.
  • Explore the financial markets and how you can participate.
  • Research stocks and how to best buy them.
  • Uncover the best resources to use and the experts worth listening to.

You don’t need a fancy college degree or a rich mom or dad to invest money. What you do need is a desire to practice simple yet powerful lessons and strategies. This book can help by showing you everything you need to start and maintain an investment program.

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Product Details

ISBN-13:
9780764524318
Publisher:
Wiley
Publication date:
11/01/2002
Series:
For Dummies Series
Edition description:
REV
Pages:
456
Product dimensions:
7.40(w) x 9.34(h) x 1.09(d)

Meet the Author

Eric Tyson, MBA, is a financial counselor, syndicated columnist, and the author of bestselling For Dummies books on personal finance, taxes, home buying, and mutual funds.

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Investing For Dummies 3.7 out of 5 based on 0 ratings. 33 reviews.
Guest More than 1 year ago
Tyson's book on investing presents useful information and covers just about all of the basic categories. This is a good place to begin learning about various investments. However, the book does not provide sufficiently detailed information for a anyone to become an active participant in some specific investment areas, and additional education is required for them. One serious omission is the lack of coverage about stock options. As a remedy, I recommend either THE SHORT BOOK ON OPTIONS (Wolfinger) or Options as a Strategic Investment (Macmillan).
sfire448 More than 1 year ago
If you want to invest but are not sure what or how...this is a book for you. I knew what stocks, shares and bonds were but I did not know how to research them. This book goes over all the nuances of stocks and bonds. Ever wonder what all the symbols and letters mean that are next to a stock when you look at them in the business section of a newspaper? This book explains that and more. It also gives good advice on how to maximize returns. There are also sections on investing in real estate and small business. I have enough knowledge now that I can go research companies and purchase stocks that will earn returns for years. This book also goes over mutual funds, retirement funds and ETF's. Lots of knowledge to tap here to get started on building a protfolio.
Guest More than 1 year ago
'Investing for Dummies' is one of the best investments you can make! I found this book VERY informative, and easy to understand and read. This is an excellent resource for beginners and probably even people with some investing experience. I loved being able to jump straight to the topics I was interested in, and how the author got right to the point! I think EVERYONE should have this book! It's definately a winner......
Anonymous More than 1 year ago
Great advice for the beginner, very easy to understand and, more importantly, start applying right away. My only gripe is the lack of a worksheet or guide to walk through my individual finances, but there are plenty of those online.
Guest More than 1 year ago
I have been doing investing on and off for 8-9 years. This book has the most easy to understand manner of explaining the most complex things. This book is a must for someone who doesn't have a degree in Finance and has ANY sort of retirement plan. Whether that plan be an IRA, 401k, or any other investment account.
Guest More than 1 year ago
Even though this book is marketed to serve as a reference, I chose to read it cover-to-cover. It contains page after page of unbiased tips/advice and factual information that absolutely make sense. Tyson is well-educated and writes from his experience advising 'everyday, common people'. This book is written in language that anyone can understand, with all terms and concepts defined and explained very clearly. Tyson includes humor and writes in a light style that makes reading on such a dry topic as painless as possible. If you're serious about learning enough to be able to form your *own* opinion regarding your investing strategy, throw out 'Rich Dad, Richer Author' and buy this book to get your facts straight.
Anonymous 4 months ago
My book arrived just in time and really love the free shipping.
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I found this book very useful. Normally when I go online to monitor or change my portfolio I would have this feeling of being overwhelmed and afraid of making a serious mistake. This book has given me that "I can do this" feeling of confidence.
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