Chapter 8
Following Financial Markets
IN THIS CHAPTER
Explaining the stock and bond markets
Seeing what moves the stock market
Comprehending how interest rates and inflation work
Understanding financial market movements during changing times
Never before has so much financial news, information, and advice been at our fingertips and available for near instant access including through our computers. Unfortunately, for many people, this is not a good thing.
We’re doing more trading and less investing. We’re being brainwashed by websites hosted by wannabe pundits and money managers with an agenda to scare you and undermine your confidence in the economy, financial markets, and your ability to invest. Their message: Investing is too hard and fraught with peril to do without turning your money over to them.
Many free financial websites are designed to be addictive and gamified/entertaining, encouraging visitors to return multiple times daily to see ever-changing content. Other financial advice sites are operated by active money managers who seek to convince investors to turn over money ...
Get Financial Security For Dummies now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.