Synopses & Reviews
Fundamentals of Investing helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Gitman and Joehnk use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers.
Preparing to Invest: The Investment Environment; Markets and Transactions; Investment Information and Securities Transactions. Important Conceptual Tools: Risk and Return; Modern Portfolio Concepts. Investing in Common Stocks: Common Stocks; Analyzing Common Stocks; Stock Valuation; Technical Analysis, Market Efficiency, and Behavioral Finance. Investing in Fixed-Income Securities: Fixed-Income Securities; Bond Valuation. Portfolio Management: Mutual Funds: Professionally Managed Portfolios; Managing Your Own Portfolio. Derivative Securities: Options: Puts and Calls; Commodities and Financial Futures; Investing in Preferred Stocks; Tax-Advantaged Investments; Real Estate and Other Tangible Investments.
For all readers interested in personal investment and money management.
Synopsis
Fundamentals of Investing , 11/e, helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Gitman/Joehnk/Smart use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused on what is most important in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program.
Synopsis
Fundamentals of Investing , 11/e, helps students make informed investment decisions in their personal and professional lives by providing a solid foundation of core concepts and tools. Gitman/Joehnk/Smart use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep students focused on what is most important in each chapter. Students leave the course with the necessary information for developing, implementing, and monitoring a successful investment program.
About the Author
'
Take a closer look at Gitman/Joehnk/Smart’s 11th edition here: http://www.pearsonhighered.com/showtell/gitman_013802393X/web
Scott Smart
Scott received his Ph.D. from Stanford University in 1991, and he has been a member of the finance faculty at Indiana University since then. His scholarly articles have appeared in the Journal of Financial Economics, Financial Management, the Financial Review, the Journal of Accounting and Economics, and other scholarly journals. He has been recognized as an outstanding teacher by Business Week, and he has won more than a dozen teaching awards.'
Table of Contents
PART ONE: PREPARING TO INVEST Chapter 1: The Investment Environment
Investments and the Investment Process
Investment Vehicles
Making Investment Plans
Meeting Liquidity Needs: Investing in Short-Term Vehicles
Chapter 2: Markets and Transactions
Securities Markets
Globalization of Securities Markets
Trading Hours and Regulation of Securities Markets
Basic Types of Securities Transactions
Chapter 3: Investment Information and Securities Transactions
Online Investing
Types and Sources of Investment Information
Understanding Market Averages and Indexes
Making Securities Transactions
Investment Advisers and Investment Clubs
PART TWO: IMPORTANT CONCEPTUAL TOOLS
Chapter 4: Return and Risk
The Concept of Return
Measuring Return
Risk: The Other Side of the Coin
Chapter 5: Modern Portfolio Concepts
Principles of Portfolio Planning
The Capital Asset Pricing Model (CAPM)
Traditional Versus Modern Portfolio Management
PART THREE: INVESTING IN COMMON STOCKS
Chapter 6: Common Stocks
What Stocks Have to Offer
Basic Characteristics of Common Stock
Common Stock Dividends
Types and Uses of Common Stock
Chapter 7: Analyzing Common Stocks
Security Analysis
Economic Analysis
Industry Analysis
Fundamental Analysis
Chapter 8: Stock Valuation
Valuation: Obtaining a Standard of Performance
Stock Valuation Models
Chapter 9: Technical Analysis, Market Efficiency, and Behavioral Finance
Technical Analysis
Random Walks and Efficient Markets
Behavioral Finance: A Challenge to the Efficient Market Hypothesis
PART FOUR: INVESTING IN FIXED-INCOME SECURITIES
Chapter 10: Fixed-Income Securities
Why Invest in Bonds?
Essential Features of a Bond
The Market for Debt Securities
Convertible Securities
Chapter 11: Bond Valuation
The Behavior of Market Interest Rates
The Pricing of Bonds
Measures of Yield and Return
Duration and Immunization
Bond Investment Strategies
PART FIVE: PORTFOLIO MANAGEMENT
Chapter 12: Mutual Funds: Professionally Managed Portfolios
The Mutual Fund Concept
Types of Funds and Services
Investing in Mutual Funds
Chapter 13: Managing Your Own Portfolios
Constructing a Portfolio Using an Asset Allocation Scheme
Evaluating the Performance of Individual Investments
Assessing Portfolio Performance
Timing Transactions
PART SIX: DERIVATIVE SECURITIES
Chapter 14: Options: Puts and Calls
Put and Call Options
Options Pricing and Trading
Stock-Index and Other Types of Options
Chapter 15: Commodities and Financial Futures
The Futures Market
Financial Futures
Appendix A: Financial Tables
Glossary
Index
Online Chapters at the Companion Website
Chapter 16: Investing in Preferred Stocks
Chapter 17: Tax-Advantaged Investments
Chapter 18: Real Estate and Other Tangible Investments