The Handy Investing Answer Book
Описание книги
Whether you are a novice or budding expert, there is much to consider and know when investing: stocks, bonds, mutual funds, real estate, retirement planning, and tax strategies, just for starters. It can all be difficult and confusing. The Handy Investing Answer Book explains, in plain English, the basics of investing. It offers simple investment strategies; investigates common pitfalls; examines concepts of compounding, portfolios and diversification; traces the history of investing; and offers much more to help everyone make wise decisions.The Handy Investing Answer Book explores a variety of investments and their differences, avoiding poor returns and unnecessary risk, understanding financial markets—and how to prevent banks, mutual fund managers and financial advisers getting rich at your expense. Appreciation, dividends, interest, and inflation all effect the value of investments, and this valuable resource looks at handling them to build a successful portfolio for every stage in your financial life. It goes beyond an and introduction to the subject to breakdown complex concepts and definitions into more than 1,400 easy-to-understand answers, such as:Why is dollar cost averaging a beneficial strategy for investing?What is a home equity loan?What are some of the steps to establishing the right goals for investing?What is diversification?What types of risks could we see if we own individual stocks?When did mutual funds start?What is laddering?A glossary of commonly used terms explains key concepts and financial jargon, and helpful financial tables and charts assist with strategies.
Отрывок из книги
About the Author
Paul A. Tucci is a writer/researcher and author of Traveling Everywhere (2001), The Handy Geography Answer Book (2008), The Handy Personal Finance Answer Book (2011), and numerous articles on the information industry. He has guest lectured in international management, marketing, and strategy at various universities, including New York University, Northwestern University, the University of Michigan, and Oakland University. An amateur investor for over 30 years, and a former global information and publishing manager, he is also a business owner and partner of an innovative IT services and software development firm, a consultant to and investor in small private equity funded businesses, and a member of the board of directors of the Rislov Foundation, a charitable foundation dedicated to providing funding for classical music education, instruction, and programming, and iwerk. He resides in Michigan.
.....
Are corrections good for some investors?
Some investors look at corrections as buying opportunities, as often overvalued stock prices are reset to a lower level, representing their true value, and giving investors an opportunity to buy at a lower price. These same investors will typically have ready access to liquid assets, such as cash, in order to take advantage of the perceived bargain during a correction.
.....