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Aftersleep Books
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How to Buy StocksThe following report compares books using the SERCount Rating (base on the result count from the search engine). |
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Aftersleep Books - 2005-06-20 07:00:00 | © Copyright 2004 - www.aftersleep.com () | sitemap | top |
I would suggest that you first read John Bogle's book, Common Sense on Mutual Funds, to determine whether or not you will even want to buy individual stocks. For most people, indexed mutual funds are a much better alternative. If you've read that book, and want to have a small portion of your money in directly purchased stocks, then you are ready for this book.
I have read dozens of books on how the basics of how to invest in stocks, and think that this is the most valuable and objective one around.
I had an amusing experience a few years ago. I attended a "sophisticated" seminar on stock market investing that was very expensive, and found that main speaker drew all of his material from this book. So you can save a lot of money, and simply buy, read, and use this book in the first place.
Another benefit of this book is that is dispels a lot of myths about stock market investing that most people have when they first start to invest. I routinely give this book to family and friends who want to know more about investing. By the way, I consult with large companies who want to improve their stock price, so I have a useful perspective on this issue from my work.
After you finish enjoying this book, I suggest that you pay particular attention to the section on writing covered calls. That is a very good way to increase your returns if you plan to hold your stocks for a long period of time. You will find this approach works best after you have passed the capital gains holding period, or for IRA money (or any other tax-deferred accounts).
Compound your wealth appropriately!