Financial Markets For The Rest Of Us
|January 12 2010|
An indispensable book to easily master the financial markets and related concepts including money, bonds, futures, stocks, options, and mutual funds. Answers all questions.
Financial Markets For The Rest Of Us is a reference and tutorial covering various financial markets in the USA and the rest of the world. The book comprises five major chapters covering the concepts of money, bonds, futures, stocks, and options.
It cleverly illustrates the operation and interdependencies of these various markets, while keeping the language simple for everyone to follow. Numerous examples and references help the reader grasp the concepts with ease and stay interested. Beginner and intermediate-level investors will find this book an indispensable tool to learn about the financial markets and sharpen their financial knowledge and skills.
This book is also an excellent financial markets reference for everyone. If you have ever wondered about how the financial markets operate, or you have ever felt overwhelmed by the complexities of the financial markets, this book is for you.
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Paperback: 436 pages
We started looking at different houses with our real estate agent trying to find that perfect house. Meanwhile at work, two of my colleagues (and good friends) had made significant investments in a penny stock and were overjoyed with the returns the stock had delivered so far at that point.
The stock had gone from $1 to $4 in just a few months and the momentum seemed to be pointing up. So after a brief (too brief) consideration, I gave in to temptation and plunged my entire home down payment into this stock. I thought to myself that it will be a long time before I would have $30,000 to invest with and all I wanted was to give the money a week to grow so I could make an extra few thousand dollars and still make the down payment.
A week later the stock had dropped to half of its value and I was looking at $15,000. Panic-stricken, I sold my shares and cashed out only to see the stock go right back up without me along for the ride. So I put back the $15,000 into the stock with the hope that stock was now poised to rise further, only to see the stock fall yet again, leaving me with only $5,000 when I finally cashed out.
In a matter of three short weeks my $30,000 down payment I had worked six years for had dwindled to $5,000. Buying a home was now out of the question. As you could imagine that was a tough month in my life. The pressure, stress, anger, …
ABOUT THE AUTHOR
He became actively involved in trading stocks in 1995 and after a number of costly mistakes went on to educate himself in the world of money and markets. While programming remains his chief passion, he has an unquenchable thirst for anything financial.
|Last Updated ( January 12 2010 )|
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