Chapter 1
Surveying the World of Stock Investing
IN THIS CHAPTER
Knowing the essentials of stock investing
Getting ready to purchase stocks
Using what you know to pick successful stocks
As I write this, the stock market is near an all-time high (circa 29,000), and the economy is rebounding to generational highs in employment and a return to improved prosperity for Main Street America unseen in decades, which bodes well for stock investors in the near term. I think that there are great stock investment opportunities in virtually any time — even for newbies. There are great stocks to help you build your wealth (or provide dividend income) in both up and down markets. In fact, a bear (or down) market can be a great time to buy stocks because they’re cheaper (think “sale!”). The key is knowing what to do (and even why), but that’s what this book is for!
Today’s stock market is a little puzzling, but it can still be rewarding. I can only promise you that if you read this book seriously, you’ll do much better than the average investor. Note that patience and discipline count now more than ever.
The purpose of this book is not only to tell you about the basics of stock investing but also ...
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