How the Stock Market Works
How the Stock Market Works is a comprehensive introduction to the stock trading process. Fully updated in accordance with the current state of the market, this book will let you realize how the investment industry really work. It takes not just savvy but real information to maintain financial security and safeguard one's future. Consequently, it is important now more than ever to understand how the markets work and what choices are available. Covering crucial issues such as the practical consequences of being a shareholder, this book provides an abundance of information on the stock market and how to use it to one's advantage. It may not take a genius to make a fortune, but anyone considering investing in the stock market will need care, common sense, lots of luck, and the expert advice of How the Stock Market Works.
The many topics you cover in How the Stock Market Works include these:
How to open a brokerage account and choose a financial advisor
The essentials of mutual funds, including index funds, and exchange traded funds (ETFs)
How to trade individual stocks, including how to use options
The relative advantages of traditional IRAs, Roth IRAs, and 401(k) plans
How to minimize transaction costs and use tax laws for your benefit
The dangers of frequent trading and other counterproductive habits
Financial concepts and terms that allow you to understand business news and communicate more effectively with your broker
The basics of corporate balance sheets, income statements, and cash flow statements