Investing in Shares For Dummies takes a friendly, non-jargony approach for new and not-quite-advanced-yet shareholders. This book walks you through the investment orchard so you can cherry-pick shares that will turn you a tidy profit (mmm, tasty.) You’ll also learn to stay calm and ride the unavoidable waves of the markets. Over the long term, you stand to earn greater returns (translation: more money) than if you invested in real estate or bonds alone.
No-one knows anything in the paranoid world of investing. Every day experts traipse onto our TV screens to discuss where ‘the markets’ might go tomorrow . . . or next week . . . or even next year. Trust us when we say that it’s all hocus pocus-no-one knows anything for sure. In fact, you might have a better handle on what really matters in the global markets than the ludicrously overpaid hedge fund maestro sitting in his office in Mayfair. Stock markets are a volatile brew of common sense, wisdom based on decades of experience of ‘what works’ and an inkling of the ebb and flow of human emotion. Master these criss-crossing currents and you might just build a sensible investment portfolio. Hopefully this book will help you navigate these stormy, ever-changing waters.
This book is designed to give you a realistic approach to making money by investing in shares. It provides the essence of sound, practical share investing strategies and insights that have been market tested and proven from nearly a hundred years of stock market history. We don’t expect you to read it cover to cover, although we’ll be delighted if you read every word! Instead, this book is designed as a reference tool. Feel free to read the chapters in whatever order you choose. You can flip to the sections and chapters that interest you or those that include topics that you need to know more about.
Investing in Shares For Dummies is also a book that is quite different from the ‘get rich with shares’ titles that have crammed the bookshelves in recent years. It doesn’t take a standard approach to the topic; it doesn’t assume that shares are a sure thing and the be-all and end-all of wealth building. At times in this book, we tell you not to invest in shares. This book can help you succeed not only in up markets but also in down markets. Bull markets and bear markets come and go, but the informed investor can keep making money no matter what. To give you an extra edge, we have tried to include information about the investing environment for shares.
- Exploring the Basics
- Sizing Up Your Current Finances and Setting Goals
- Defining Common Approaches to Investing in Shares
- Assessing the Risks
- Getting to Know the Stock Markets
- Gathering Information
- Finding a Stockbroker
- Investing for Growth
- Investing for Income
- Using Basic Accounting to Choose Winning Shares
- Decoding Company Documents
- Analysing Industries
- Emerging Sector Opportunities
- Pounds, Prices and Politics
- Taking the Bull (Or Bear) by the Horns
- Choosing a Strategy That’s Just Right for You
- Using Your Broker and Trading Techniques
- Getting a Handle on DPPs, DRIPs and PCA . . . ASAP
- Looking at What the Insiders Do: Corporate Capers
- Tax Benefits and Liabilities
- Creating a Smarter Portfolio with Lower-Cost Funds
- Ten Warning Signs of a Share’s Decline
- Ten Signals of a Share Price Increase
- Ten Ways to Protect Yourself from Fraud
- Ten Challenges and Opportunities for Stock Market Investors
Investing in Shares For Dummies By Paul Mladjenovic, David Stevenson pdf