For a beginner, investing can be an overwhelming and intimidating topic, and finding which investment options are right for you is an almost impossible task. Idiot's Guides: Beginning Investing helps the new investor understand all of the most common investment options, how to choose the right ones for your needs and goals, and how to increase your chances for success. This book covers:
- Self-assessment tools that help readers understand their own personal risk tolerance and choose the investment strategies that fit their needs.
- Basics on the each investment type, including stocks, bonds, mutual funds, real estate, and more, with primers on each investment type, the basics on how to invest with each option, and how to improve chances for success.
- The dos and don'ts of real estate investing, including what to pursue, and what to avoid when it comes to real estate.
- Simple strategies for investing in the bond market
- Tips and tricks for investing in stocks, including which types of stocks to avoid and which types to buy
- How to protect assets and invest using time-tested and sensible techniques
- Setting goals and investing for college, retirement, luxury purchases, and other common financial goals
- Managing investments and personal portfolios for both short term and long term gains
Table of contents
- Title Page
- Copyright Page
Part 1: Laying Your Investing Foundation
1 How Much Can You Invest?
- What Can You Invest?
- Assessing Your Spending Needs
- Ways to Cut Fixed Expenses
- Planning for Irregular Expenses
- Building Your Savings
- Identifying Your Discretionary Expenses
2 Defining Your Investment Goals
- Getting by Versus Getting Ahead
- What Types of Investments Interest You?
- What Are Your Short- and Medium-Term Goals?
- What Are Your Long-Term Goals?
- What Is Your Definition of Wealthy?
3 Assessing Your Timeline
- Investing in Your 20s
- Investing in Your 30s and 40s
- Investing in Your 50s and 60s
- Plotting a Time Schedule for Your Unique Goals
4 How Much Risk Can You Take?
- Types of Risk
- Ways to Measure Your Personal Risk Tolerance
- Choosing an Investment Mix to Match Your Risk Tolerance
- 5 Protecting Yourself with Insurance
6 Finding Money to Invest
- An Overview of Workplace Retirement Plans
- Supplementing Your Workplace Plan with IRAs
- Dealing with Past Employers’ Plans
- Other Investing Considerations
- Augmenting Your Investment Money Through Your Own Efforts
- 7 Where to Save Your Money While Planning
- 1 How Much Can You Invest?
Part 2: Planning Your Investment Strategy
8 Balancing Risk by Diversifying
- Stocks and Bonds: The Basic Asset Allocation Decision
- Further Diversifying Your Assets
- Choosing Individual Investment Types
- Market Timing
- 9 Getting Professional Advice
- 8 Balancing Risk by Diversifying
Part 3: Where to Invest
10 Investing in Mutual Funds
- What Are Mutual Funds and How Do You Buy Them?
- Other Types of Funds
- 11 Investing in Stocks
- 12 Investing in Bonds
13 Choosing Alternative Investments
- Concerns Common to Alternative Investments
- Collecting Collectibles
- Gold, Precious Metals, and Gems
- Natural Resources and Commodities
- Real Estate Investment Trusts and Master Limited Partnerships
14 Investing in Real Estate
- Buying a Home as an Investment
- Understand the Real Estate Business
- Get an Inspection
- Be Canny with Improvements
- Don’t Neglect Maintenance
- What About Staging?
- Have an Exit Timeline in Mind
- What’s a Good Profit?
- Other Considerations
- Purchasing Small Multi-Unit Properties
- Apartment Buildings, Offices, and Other Real Estate Investments
- 10 Investing in Mutual Funds
Part 4: Investing for Specific Goals
- 15 Investing for Retirement
16 Investing for a New Home
- How Much Money Will You Need?
- Lending Institutions
- The Bank of Mom and Dad
- What Investments Should You Make to Build Funds?
- Protecting Your Investment
- Selling with a Real Estate Agent Versus Going It Alone
- Deciding When and If to Sell
- Should You Pay Off Your Home?
17 Investing for College
- Investigating the Costs of College
- Setting a Reasonable Savings Goal and Payment Expectations
- The Importance of Saving
- Places to Save for College
- 18 Investing for Luxury Purchases
19 Managing Windfalls and Sudden Life Changes
- Understanding Your Spending Power
- Protecting Yourself
- Thinking Through Your Spending Priorities
- Changes to Other Plans
Part 5: When to Buy and Sell Investments
20 Good Reasons to Buy and Sell
- Bad Reasons to Hold on to an Investment
- Good Reasons to Sell an Investment
- 21 Recovering from Mistakes and Bad Markets
22 Becoming a More Advanced Investor
- Knowing Whether the Source Is Reliable
- Choose Your Preferred Method of Learning
- Find a Group
- Exploit Online Resources of Media and Websites
- Codify Your Own Path to Investment Selection
- 20 Good Reasons to Buy and Sell
- Title: Beginning Investing
- Release date: November 2016
- Publisher(s): Alpha
- ISBN: 9781465450326
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