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Unlike so many other investment books on the market, I have not given you some get-rich-quick secret formula. Instead, I gave you something of real value - a comprehensive, organized, and easy-to-understand overview of the stock market so that when you make an investment, you'll know what you're invested in, why, and what to expect. You will learn: the risks and rewards of investing in common stocks; the pros and cons of active, passive, and factor-based strategies; the pros and cons of investing in mutual funds and exchange traded funds; the ways to avoid market timing; the strategies used by…mehr

Produktbeschreibung
Unlike so many other investment books on the market, I have not given you some get-rich-quick secret formula. Instead, I gave you something of real value - a comprehensive, organized, and easy-to-understand overview of the stock market so that when you make an investment, you'll know what you're invested in, why, and what to expect. You will learn: the risks and rewards of investing in common stocks; the pros and cons of active, passive, and factor-based strategies; the pros and cons of investing in mutual funds and exchange traded funds; the ways to avoid market timing; the strategies used by investment managers to time the market; the role emotions play in investing; the role demographics, productivity, and the government play in long-term investing; and the importance of stock market indices and what they are telling you. And so much more.
Autorenporträt
The author has spent nearly 50 years in investments and investment-related areas. He received his bachelor of science degree from Purdue University and his MBA from the University of Chicago. He has taught investments and corporation finance at the Graduate School of Business at Indiana University NW and has written many articles for various investment trade publications. He is a Chartered Financial Analyst and has been a speaker at numerous investment conferences. As Director of Equity Investments at a major pension fund, he helped oversee the investment of billions of dollars of pension fund money and managed several common stock portfolios. He retired in 1991 at the age of 48. He has written four books, built houses with Habitat for Humanity, and visited over 50 countries. The author writes under a pen name.