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Other titles in the Handy Answer Books series:
The Handy Investing Answer Book (Handy Answer Books)by Paul A. Tucci
Synopses & Reviews
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 marketsand#151;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.
About the Author
Paul A. Tucci is a researcher and author of The Handy Geography Answer Book (2008), The Handy Personal Finance Answer Book (2011), and numerous articles regarding the information industry. He has guest lectured in management, marketing, and business strategy at various universities, including New York University, Northwestern University, INSEAD, 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, consultant to and investor in small private equity funded businesses, and member of the board of directors of the Rislov Foundation, a charitable foundation dedicated to providing funding for classical music education. He resides in Birmingham, Michigan.
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