Stocks and Bonds, Profits and Losses: A Quick Look at Financial Markets
$9.96
Stocks and Bonds, Profits and Losses is an introduction to the stock market and the world of financial investing including an explanation of stocks and bonds, the various trading that is done and how profits and losses are accrued. This book looks at the world of financial markets explores the basic principles of investment and finance for beginners and discusses such topics as the stock exchange, banking, inflation, recession, and mutual funds.
Author’s Introduction:
Nearly every person reading this book has probably, at one time or another, played the game of “Monopoly.” At the beginning of the game each player is given $1,500 to invest in real estate, railroads, and utility companies, and the player who turns his $1,500 into the most money wins.
Throughout the game, players try to increase the money they make, their profits (a profit is the money a business has left after its expenses are paid), by charging other players “rent” when they land on their property, or collecting payment for the “ride” should they land on their railroads, or charging them a varying fee if they land on the electric company or the water company and thus “use” those utilities.
In addition to money they get from their properties, players can win, or lose, extra money from other sources, depending on the cards they draw from stacks called Chance and Community Chest. There is one card, among many others, in the Chance stack that says “Bank pays you dividend of $50.00,” another from Community Chest that says “From sale of stock you get $45.00.”
Contents:
- Getting Down to Basics
- The Bulls and the Bears
- “Minds over Money”
- Under the Buttonwood Tree
- To Market, to Market,to Buy a Fat Pig
- Lending Your Money
- Pork Bellies and Profits
Stocks and Bonds, Profits and Losses: A Quick Look at Financial Markets By Elaine Scott pdf
| Author(s) | |
|---|---|
| Format | |
| Pages | 95 |
| Publication Year | 1985 |
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Preston Dickerson (verified owner) –
This book is geared and written to the juvenile market but I am trying to read all the books in my library on the market regardless of their bias just to see what’s out there in general. This is a well written book, it is easy to read and definitely not intimidating but very explanatory so adults who want to learn about Stock and Bonds could start here as well. There is no strong political bias in the book which I found very refreshing and a lot of trivia that I after years working with the Exchanges found interesting like why it’s called a bull or bear market as an euphemism for up or down markets (bulls charge their prey upwards with their horns, bears slash from on high downwards at theirs — apt analogy I must say). It’s a quick read, about 87 pages in toto and while it says it covers future markets that is really misleading. The list of books in the back for “further reading” are of course dated but they too may be tracked down cheaply if you’re interested though there is a book recently published may be a better bet.