Investing For Dummies Author: Visit Amazon's Eric Tyson Page | Language: English | ISBN:
047090545X | Format: EPUB
Investing For Dummies Description
From the Back Cover
Get sound guidance and proven investing advice from Eric TysonInvesting For Dummies arms novice investors with Eric Tyson's time-tested advice, recommendations, and the latest insights and strategies to wisely invest in today's market. You'll get coverage of all aspects of investing, including how to develop and manage a portfolio; invest in stocks, bonds, mutual funds, and real estate; open a small business; and understand the critical tax implications of your investing decisions.
Investing 101 — get a crash course on what investments are, how each type is different from the others, and what you can reasonably expect to earn from them
Get street smart (Wall Street, that is) — understand what the financial markets are, how you can participate in them without losing your head, and ways you can use them to start growing your fortune
Be your own boss — discover the benefits of starting a small business or stay behind the scenes and try your hand at investing in someone else's small venture
Know your sources — find out why many investment "gurus" aren't really experts and get a trusted list of resources and authorities worth listening to
Open the book and find:
Time-tested investment strategies
Help on choosing investments that match your goals
The 411 on investing in gold and commodities
What economic indicators are (and how they work)
How tax law changes affect your investment strategy
Practical tips for investing in a down market
Ways to overcome common psychological investment obstacles
Learn to:
Develop and manage a portfolio
Invest in stocks, bonds, mutual funds, and real estate
Open a small business
About the Author
Eric Tyson, MBA, is an internationally acclaimed and bestselling personal finance author, lecturer, and adviser. He is dedicated to teaching people to manage their money better and to successfully direct their own investments.
- Paperback: 432 pages
- Publisher: For Dummies; 6 edition (August 30, 2011)
- Language: English
- ISBN-10: 047090545X
- ISBN-13: 978-0470905456
- Product Dimensions: 9.2 x 7.4 x 1.2 inches
- Shipping Weight: 1.4 pounds (View shipping rates and policies)
In short, this review explains that this book is very, very basic and limited for anyone who wants a more thorough understanding of how the stock market operates. Anyone seeking more than the most basic of introductions will be disappointed.
All things considered, I think this book is helpful for a select group of people, but you must be someone who falls into that select group to fully appreciate the book. Mr Tyson seems like an all-around good guy who means well and I think genuinely wants to educate the masses about investing and their personal finances. But bear in mind that this book is clearly targeted to the beginner, and is even a bit overly paternalistic at times towards the beginning investor. I'm aware that this is part of the "Dummies" series, but I think Mr Tyson may have perhaps taken that part too literally. Most books in the Dummies series aim for simplified, layman explanations... which is distinguishable from the assumption that the readers are actually dummies or are otherwise incapable of truly learning/mastering the topic they are reading about, in this case.
The biggest pro/praise I have for this book is that Tyson lays out a simple way to approach investing. His method will keep individuals out of trouble and not erode the principal of their investments. He advises against the dangers of being overly unrealistic and the pitfalls associated with trying to get rich quick on the stock market. Further, Tyson discusses stocks, bonds, mutual funds, and the like. You get at least an overall picture of the various instruments available in the investing world. This is a very basic overview, however, as the author does not proceed to discuss concepts such as leverage, options, and futures. But perhaps for a beginner's book, his coverage is appropriate.
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