Publications

Stock Investing For Students

Type
Link
Cost
Paid
Published
2013
Full Name
Stock Investing For Students: A Plan to Get Rich Slowly and Retire Young

Self-investing starting at a young age can ensure a successful financial future and an early and comfortable retirement. So why is nobody doing this? The answer includes such factors as the social pressures facing our youth, certain pre-conceived ideas regarding our ability to successfully self-invest, and the education or lack thereof needed to motivate our youth to undertake such a long-term project. The purpose of this book is to change that way of thinking and create a goal and a user-friendly methodology that will facilitate a plan which will allow you to retire financially secure at a relatively young age.

  • Alan Ellman targets students and novice investors by providing a wide range of investing topics in an easy-to-understand manner.

  • Stock Investing for Students is now required reading at several colleges.

  • The book uses basic financial concepts that have been proven effective over the years such as dollar-cost averaging, cash allocation, dividend re-investment as well as fundamental and technical analysis.


Basic assumptions according to the reader's specific situation:

  • You invest 10% of your gross income each year (earn $50k, invest $5k)

  • Start at age 18 (can be adjusted)

  • Average gross annual income of $60k for the first 20 years and $80k for the second 20 years of our 40-year plan (can be adjusted)

  • Start off using broad market mutual funds until portfolio value reaches $25k

  • Switch to individual stocks after $25k

  • Set up specific guidelines for exiting a position that can be automated

  • Use an online stock screener using fundamental, technical, descriptive and common sense requirements for stock selection a few years after beginning to self-invest

  • Portfolio rebalancing annually


Table of Contents

Acknowledgments

Introduction

  1. Basics of Stock Investing

  2. Fundamental Analysis

  3. Technical Analysis

  4. Portfolio Management

  5. Exchange-Traded Funds & Mutual Funds

  6. Game Plan

  7. Executing a Stock Trade

  8. Stock Splits

  9. Tax Implications

  10. Other Factors that Influence Stock Performance

  11. Related Topics of Interest

  12. Covered Call Writing - Using stock options to enhance returns

Appendix

  1. Strategy outline

  2. Online discount broker list

  3. Long-term chart of S&P 500

  4. Stock selection summary

  5. Game plan summary

  6. Master figure list of charts and graphs

  7. Plans for alternate time frames

Glossary

Index

About the Author