From the end of the 1990's bull run to today's point-and-click electronic trading, investors face a radically transformed trading environment. The First Time Investor has been updated to teach beginning investors everything they must know in this new, high-speed investment arena. Along with the basics, it now features in-depth discussions on day trading, decimalization, the expansion of the global marketplace, and more--as well as a valuable new section on the top 10 things people must do to protect their 401(k)s.
This is a decent overview (for beginners) of all the possibilities available to a new investor. A few things are a little outdated, and also there's some recommendations (modern portfolio theory) that are considered suspect post-2008, but otherwise, a good overview of the financial instruments available.
Useful basic guide for a 40something guy like me that is finally making a few dollars and looking for a straightforward way to plan best I can for retirement and the kids' education