Synopses & Reviews
The only guide investors need to get started in the market.
"Investment planning has become an important aspect in my life. The First Time Investor offers real-world investment applications in an understandable way."Jack Canfield, co-author, Chicken Soup for the Soul, #1 New York Times bestseller
Do you see the rest of the world getting rich in the financial markets--as you sit on the sidelines with your money in a "safe" savings account? The First Time Investor will change the way you view your money.
A step-by-step blueprint of how the market really works, and a bestselling Fortune Book Club selection in its first edition, has been completely updated to show you how to make and protect money in today's turbulent investment marketplace. Regardless of whether the stock market is up or down, you'll learn how to make your money work for you in stocks, mutual funds, bonds, annuities, and more. Master the rules of independent investingminus sales pressure, bias, and irrelevant media noisewith The First Time Investor.
Valuable for investors just getting their feet wet as well as those investors needing the latest facts and research, The First Time Investor explains: how to keep your perspective during market fluctuations; safe, successful strategies to profit from overseas and emerging markets; asset class investingthe strategy the pros use to maximize return while minimizing risk; innovative ways to use IRAs, 401(k)s, annuities, and more to build a million-dollar retirement fund; simple, effective methods to finance your children's education; a listing of important resources; on-line trading techniques that slash commission costs and keep your money in the marketwhere it belongs.
Synopsis
Plain talk on how to make money in today's stock market--and, just as important, how to avoid losing it! "Investment planning has become an important aspect in my life. The First-Time Investor offers real-world investment applications in an understandable way."
--Jack Canfield, coauthor, Chicken Soup for the Soul (#1 New York Times bestseller)
The first two editions of The First-Time Investor steered clear of Wall Street sales gibberish to reveal proven methods for building and protecting wealth in the stock market. Now, the third edition of this no-nonsense guide updates that message--telling you what you need to know, explaining why you need to know it, and providing real-life examples of what could happen to you if you choose to ignore it in today's fast-action markets.
As valuable for market veterans as it is for investors just getting their feet wet, this blueprint of how the market really works reveals:
- Six investment principles every broker should tell you
- Top Ten techniques for protecting your 401(k)
- Easy-to-understand asset allocation strategies for greater return at lower risk
Far too many of today's investment books fill novice investors with bogus advice and unsupported claims. Let The First-Time Investor cut through that noise and clutter to show you how to build a solid fortune in the market without breaking a sweat.
Synopsis
From the end of the 1990's bull run to today's point-and-click electronic trading, investors face a radically transformed trading environment. The First Time Investor has been updated to teach beginning investors everything they must know in this new, high-speed investment arena. Along with the basics, it now features in-depth discussions on day trading, decimalization, the expansion of the global marketplace, and more--as well as a valuable new section on the top 10 things people must do to protect their 401(k)s.
About the Author
Larry Chambers is a former top investment advisor with E.F. Hutton and Co. and the author of several highly successful investment books.
Dale Rogers is president and CEO of The Rogers Companies, which manages 55,000 401(k) accounts for investors across the U.S.
Table of Contents
Part I: Know Your Outcome, Take Action.
The Time to Start is Now.
The Stock Market--Nothing is Being Hidden from You!
Investment Strategies.
Noise or Information?
Get a Financial Coach.
Teaching Your Children to Invest.
How Much Money is Enough?
Part II: How Does It All Work?
Understanding How Mutual Funds Work.
Understanding Stocks.
Understanding Bonds.
Part III: How to Put Advanced Strategies to Work.
Investment Architecture.
Building Your Portfolio One Asset Class at a Time.
Part IV: Investing Tax-Deferred.
Investing for a Longer Retirement.
What Are Anuities?
Social in Security.
Part V: House Cleaning.
Do-it-Yourself--On Line.
Your Investment Plan.
Selecting an Investment Advisor.
How to Analyze an Investment.
Other Types of Assets.
How to Read a Prospectus.
How to Pay for Your Children's College!
Putting It All Together.