Stock Investing For Dummies
Paul Mladjenovic
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Stock Investing For Dummies
Paul Mladjenovic
About This Book
The bestselling guide to holding steady through the stock market's highs, lows, and stable stretches
When you decide to jump into the stock market, there's a lot to know. Stock Investing For Dummies covers the factual and emotional aspects of putting your money into stocks. In clear, easy-to-understand language, this book explains the numbers behind the stocks, the different categories of stocks, and strategies for building a solid portfolio. On the flip side, it also addresses the emotional aspects of investing: setting goals, knowing when to sell, and balancing risk vs. return.
For nearly a century, the well-to-do have been building their wealth by investing in stocks. Here's your opportunity to do the same. The sooner you start investing, the sooner you'll see your money grow. Make that a reality by discovering:
- Approaches for investing for income or growth
- Steps for evaluating your financial health, setting financial goals, and funding your first purchases
- How to read stock tables and pull information out of stock charts
- What to look for on balance sheets, income statements, and annual reports to choose strong performers
- Advice for minimizing losses and maximizing gains
- Tax implications and how to reduce their impact on your earnings
- Suggestions on what to do and buy in a down market
Put all of this information together, and you have a straightforward resource that helps you build and manage a portfolio that will serve you well for years to come. Stock Investing For Dummies gives you the confidence you need to send your portfolio soaring!
Frequently asked questions
Information
The Essentials of Stock Investing
Surveying the World of Stock Investing
Understanding the Basics
- Knowing the risk and volatility involved: Perhaps the most fundamental (and therefore most important) concept to grasp is the risk you face whenever you put your hard-earned money in an investment such as a stock. Related to risk is the concept of volatility. Volatility refers to a condition in which there is rapid movement in the price of a particular stock (or other security); investors use this term especially when thereâs a sudden drop in price in a relatively short period of time. Find out more about risk and volatility in Chapter 4.
- Assessing your financial situation: You need a firm awareness of your starting point and where you want to go. Chapter 2 helps you take stock of your current financial status and your goals.
- Understanding approaches to investing: You want to approach investing in a way that works best for you. Chapter 3 defines the most common approaches to investing.
- Seeing what exchange-traded funds have to offer: Exchange-traded funds (ETFs) are like mutual funds, but they can be traded like stocks. I think that every stock investor should consider ETFs as a positive addition to their portfolio strategies. See Chapter 5 for the lowdown on ETFs.
- Common stock: This type of stock, which I cover throughout this book, entitles the owner to vote at shareholdersâ meetings and receive any dividends that the company issues.
- Preferred stock: This type of stock doesnât usually confer voting rights, but it does include some rights that exceed those of common stock. Preferred stockholders, for example, have preferential treatment in certain conditions, such as receiving dividends before common stockholders in the event of a corporate liquidation or bankruptcy. Additionally, preferred stock seeks to operate similarly to a bond for investors seeking stable income. (In this book I mostly cover common stock.)