Investing For Dummies, Fifth edition
by Eric Tyson
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Book Summary Information
Author: Eric TysonEdition: Paperback
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2008-09-09
ISBN: 0470289651
Number of pages: 432
Publisher: Wiley
Book Reviews of Investing For Dummies, Fifth edition
Book Review: Required reading for anyone who likes money
Summary: 5 Stars
My brother has his MBA, pasted his Series 7 and is currently working in "finical planning" field. He knew that I was trying to make the best out of my savings and investments (IRA, money market, etc) so he bought me this book for my birthday this year. I have just completed this book and I have to say I am very impressed. "For Dummies..." books are usually pretty solid with regards to content and information, this book isn't an exception.
Eric Tyson is the author of this book and he provides very pragmatic insight on the world of investing. Tyson uses his professional experience, as well as explaining the complex world that is "investing your dollar under the U.S.A."! The fifth edition was published at the end of last year (2008), when economy in America really became crucial in the public opinion. Many people lost thousands (like me) and millions of dollars. Not to mention that the economy became a big "selling point" for the 2008 Presidential election.
This book also touches on buying/selling real estate, buying/selling a business, investing in stocks, bond, mutual funds, taxes and many other topics. Another thing that Tyson provides is "what not to do" with money and/or investments. Many times a non-example is more powerful than a basic example. Tyson also has the ability to keep the information grounded and cuts through a lot of the jargon, with sliding in bits of humor here and there.
I would recommend this book to anyone who cares about money and perhaps making more of it (who doesn't want more money?). I had several finical funds before I read this book (and still do), but after reading this book I have a better understanding how and when I will use the money I am saving/investing.
Summary of Investing For Dummies, Fifth edition
Become a savvy investor with this updated Wall Street Journal bestsellerWant 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
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