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Investing For Dummies, Fifth edition

Average Customer Rating: 4.0
Release Date: 2008-09-09
Publisher:Wiley
Author Eric Tyson
Number of pages:432
ISBN:0470289651
Language:Original Language: English; Unknown: English; Published: English;

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Product description

 

Become a savvy investor with this updated Wall Street Journal bestseller

Want to take charge of your financial future? This national bestselling guide has been thoroughly updated to provide you with the latest insights into smart investing, from weighing your investment options (such as stocks, real estate, and small business) to understanding risks and returns, managing your portfolio, and much more.

  • Get time-tested investment advice -- expert author Eric Tyson shares his extensive knowledge and reveals how to invest in challenging markets
  • Discover all the fundamentals of investing -- explore your investment choices, weigh risks and returns, choose the right investment mix, and protect your assets
  • Navigate Wall Street -- understand the financial markets and the Federal Reserve, avoid problematic buying practices, and evaluate investment research
  • Build wealth with stocks, bonds, and mutual funds -- use indexes, understand prices, minimize costs, and diversify your investments
  • Get rich with real estate -- find the right property, evaluate the market, finance your investments, work with agents, and close the deal
  • Start, buy, or invest in a business -- write a business plan, finance your business, and improve profitability
  • Manage college and retirement savings accounts -- establish your goals, evaluate your investment options, and tame your taxes

Open the book and find:

  • Recommendations on the best stock, bond, and money market funds
  • The best times to buy and sell stocks and bonds
  • The scoop on exchange-traded and hedge funds
  • Tips for reading and analyzing financial reports
  • The best online brokers
  • How to make safe and profitable real estate investments
  • A wealth of information on the best investment tools and resources

Investing for Dummies is a good, all-around investment guide for the rest of us. Author Eric Tyson covers all aspects of investing, from stocks and bonds to real estate and collectibles. Tyson points readers towards investments that actually work and raises warning flags about strategies you should avoid. The book also considers whether starting and running your business can be a good investment option. If you're looking for a good place to start building a secure financial future, this is it.

Customer reviews


« Know nothing about investing? Start here. »
I didn't think reading about money/investing could ever be this fun or interesting. Straight talk and clear definitions for all the finance jargon.
Rating: (5 out of 5) @ 2008-10-21
« Great! »
Great book, lays it all out in terms I can understand. I started investing based on this book, and I refer to it often.
Rating: (5 out of 5) @ 2008-10-14
« Definitely "for Dummies" »
I've read several "for Dummies" books, and in general the entire series is well written, concise, and gives you what you really need. However, I was very disappointed in this one. The book is really dedicated to the three methods of building wealth: equity (stocks, mutual funds, etc.), real estate, and small business. But there isn't enough info on any of the three subjects to do much with. You're better off getting a separate book on real estate if you plan on pursuing that. And nothing he says regarding small business is of much use to accomplish anything. That leaves stocks, bonds and mutual funds, which is what most users would purchase this book for. Regarding that, if you are completely new to mutual funds then this is the book for you as it will explain the basics. However, if you are beyond the very basics (i.e.; "What is a mutual fund?"), and are looking to seriously invest, then I think you'll be disappointed. And if you are looking to get into buying stocks directly, then this book seriously falls short. The entire section on stocks really just explains a canned stock report from a given company. Utterly useless unless you plan on subscribing to that service. No talk of forward PE's, valuation, etc.. Also, the author's continual insistence that you should stay in mutual funds because you "can't beat the market" since there are so many pros out there is utterly ridiculous. There are many gurus out there that have proven track records of generating higher than average returns. Just emulating Warren Buffet's portfolio will do that.

I was looking for a book to dig more into stock valuation, company analysis, etc. and this book barely even touched on any of that beyond definitions. I wouldn't even call it Finance 101, since there is very little about monetary policy, bonds, interest rates, etc.. If you've picked out at least one mutual fund in your life (or purchased a stock directly), then this book is way too simple. If you tremble at the thought of picking a mutual fund and have no financial sense whatsoever, then this is your book.

Rating: (2 out of 5) @ 2008-06-16
« Very Good Book »
I wanted to start investing and read somewhere you should first do some studies. That's when I came across this book. Very well written, and in simple to understand language. I used to dread 401K, IRA, Mutual Funds, Bonds. Now I am confident I know about them and what I am investing into.
Showed new ways to look at debts, as to if I clear my debt sooner, I am investing in something which gives be interest equal to the interest I pay the bank.

I would recommend this book to all who want to get into investing but are hesitant or don't know where to get information from.
Rating: (5 out of 5) @ 2008-04-09
« Investing for Dummies »
I bought this for my daughter, who is taking this a college course.
She seems to be happy with it. She asked for this book it as the instructor told her she needed it for the class. Sorry I can't give you more info but I am sure it's a good book.

Kathy in Las Vegas
Rating: (4 out of 5) @ 2008-03-06
Quantity:
List Price: $21.99
Our Price: $11.99 (Save $10.00)
Availability: Usually ships in 1-2 business days


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