The everything guide to investing in your 20s & 30s Your step-by-step guide to: understanding stocks, bonds, and mutual funds, maximizing your 401(K), setting realistic goals, recognizing the risks and rewards of cryptocurrencies, minimizing your investment tax liability
Book - 2019
"All you need to know about investing safely and smartly, with new information on the latest options--from cryptocurrencies to social media IPOs--in this comprehensive and updated guide to understanding the current market, setting realistic goals, and achieving financial success. The best time to start investing is now--even as little as a few years can make a difference of hundreds of thousands of dollars by the time retirement comes around. Investing early in your career is the best way to ensure a secure and successful life all the way through retirement. For years, The Everything Investing In Your 20s and 30s Book has been guiding young professionals on how to capitalize on the investing market and make the most out of their mone...y. This all-new and fully updated edition includes all of the tips, tricks, and investing knowledge while also explaining: --New technological investing options --How the changing political climate affects your money --What the rising interest rates mean --Active investing versus passive investing The Everything Investing In Your 20s and 30s,2nd Edition teaches you how to maximize your investing strategy and make your money work for you. Don't wait. Start investing today!"--
Saved in:
- Subjects
- Published
-
New York ;
London
2019.
- Language
- English
- Main Author
- Edition
- Adams Media trade paperback edition, Second edition
- Item Description
- Revised edition of the author's The everything investing in your 20s and 30s book, [2014].
Includes index.
"Includes all-new information on digital currency and the latest investing apps"--Cover. - Physical Description
- 303 pages ; 23 cm
- ISBN
- 9781507210307
- Introduction
- Chapter 1. Are You Ready to Become an Investor?
- Can You Afford to Invest?
- Know Your Risk Profile
- Setting Realistic Goals and Timetables
- How Much Will You Need to Get Started?
- Know Before You Invest
- The Basics of Market Analysis
- Evaluate and Adjust Your Approach
- The "Ready to Invest" Test
- Chapter 2. Steps to Grow Your Nest Egg
- Give Your Finances a Physical
- Artful Budgeting
- Personal Finance Software and Apps
- Develop a Progress Checklist
- Chapter 3. A Quick and Dirty Overview of the Twenty-First-Century Economy and Investment Vehicles
- How Economic Activity Affects Everything
- Interest Rates Should Interest You
- Important Numbers and Reports to Watch
- Stocks, Bonds, and Mutual Funds
- Fundamental and Technical Market Analysis
- Technical Analysis
- Chapter 4. A Close Look at Stocks
- The Exchanges
- Who Polices the Store?
- What Stocks Really Are
- Stock Indexes
- Types of Stocks
- Sizing Up Individual Stocks
- Important Market Sectors
- Penny Stocks
- Chapter 5. Choosing Stocks to Buy
- Five Points That Make a great company
- Buy What You Know and Know What You Buy
- Know Where You Are in the Market Cycle
- Technical Analysis: The Art Of Reading Price Charts
- Chapter 6. Buying Stocks and Monitoring Progress
- Investment Clubs
- Dividend Reinvestment Plans (Drips)
- Who Will Do The Investing?
- Your Buy List
- Executing Stock Trades
- Managing Your Money
- The Buyer's Checklist
- Chapter 7. Bonds: The Glue That Holds Financial Markets Together
- What Is a Bond?
- What Makes Bonds Risky?
- Corporate Credit Check: Know the Bond Ratings
- Prices and Yields
- Buying and Selling Bonds
- Chapter 8. Types of Bonds
- Categories of Bonds
- US Treasury Securities
- Municipal Bonds
- Corporate Bonds
- Bond Calis
- Zero-Coupon Bonds
- High-Yield Bonds
- Mortgage-Backed Securities
- The Bond Investor Checklist
- Chapter 9. The Mutual Funds The Beginner's Best Friend
- What Is a Mutual Fund?
- Why Mutual Fund Investing Is a Good Thing for Investors
- Is It All about the Fund Manager?
- Mutual Fund Families
- Expenses, Loads, and Other Fees
- Making Sense of Fund Reports
- Different Approaches to Mutual Fund Investing
- Dollar Cost Averaging: Buying During Good and Bad Times
- Chapter 10. The Large Universe of Mutual Funds
- Index Funds
- Growth Funds versus Income Funds
- Value Funds
- Considering Sector Funds
- Balanced Funds and Built-In Asset Allocation
- International and Global Funds
- Small-Cap, Mid-Cap, and Large-Cap Funds
- Bond Funds
- Mutual Fund Investing Checklist
- Chapter 11. Combining Funds for Performance
- Your Risk Tolerance
- Diversification Is Your Friend
- Considering Your Choices
- Parsing Past Performance
- Six Fund Investment Strategies
- Tracking Your Funds' Performance
- When To Sell
- The Fund Monitoring Checklist
- Chapter 12. Exchange-Traded Funds
- What Are ETFs?
- ETFs Versus Mutual Funds
- What Kinds of Investments Can You Make Through ETFs?
- Animal Crackers and Geometry: Spiders, Vipers, Diamonds, and Cubes
- Choosing Wisely
- Recognizing Special Situations
- Buying and Selling ETFs
- Tracking Your ETFs
- Chapter 13. Investing with Your Conscience
- What Are Socially Responsible Investments?
- Socially Conscious Stocks
- Green Bonds
- Green and Socially Responsible Funds
- Your Socially Responsible Portfolio
- Chapter 14. Real Estate Investing: Getting Grounded and Rated
- The Basics of the Real Estate Game
- Using Leverage
- Choosing the Most Profitable Real Estate
- The Fix and Flip Business Model
- Building Wealth Through Rental Properties
- The Management Challenge
- Real Estate Investment Trusts
- Chapter 15. Taking More Risks
- The Two Faces of Risk
- Selling Short and Using Margin
- Initial Public Offerings
- Sector Investing
- Commodities and Precious Metals
- Trading Currencies
- Derivatives and Options
- Employee Stock Options
- Trading Futures
- The Strange World of Cryptocurrencies
- Chapter 16. Working with a Financial Advisor
- What Kind of Advice Do You Need?
- What Can You Expect from a Financial Advisor?
- Shopping for the Right Financial Advisor
- How Much Will It Cost?
- How to Find an Advisor
- Chapter 17. Doing It Yourself
- How Much Work Are You Willing to Do?
- Online Investing
- The Dangers of Online Investing
- Investing with Apps
- What to Look for in an Investment Website
- Useful Investment Websites
- Chapter 18. Investment Taxes
- General Changes in the 2018 Tax Law
- How Taxes Affect Your Portfolio
- Types of Investment Taxes
- Crafting Your Investment Tax Strategy
- Methods for Reducing Your Tax Liability
- Understanding Legal Tax Shelters
- Chapter 19. Investing for Education
- Start Planning for Tuition Now
- Tax-Sheltered Education Savings Plans
- The 529 Plans
- Coverdell Education Savings Accounts
- Prepaid Tuition Plans: Are They Worth It?
- Education Bonds and CDs
- Chapter 20. Retirement Planning
- The Genius of Tax-Deferred Investing
- It's Never Too Early to Start
- The 401(k) Plan
- Individual Retirement Accounts (IRAs)
- Health Savings Accounts (HSAs)
- Time and Focus Are Your Best Allies
- Appendix A. Online and Discount Brokers
- Appendix B. Investment Publications
- Appendix C. Glossary of Terms
- Index