Stock Investing For Canadians For Dummies

by Andrew Dagys, Paul Mladjenovic

In Stock Investing For Canadians For Dummies , seasoned For Dummies author Andrew Dagys gives you the tools you need to invest successfully in stocks. Understand the essentials of stock investing, how to get started, and how to pick winners. Find out how to choose the right broker and when not to invest, all delivered in the trademark For Dummies style, marked by plain-English explanations and a lighthearted approach. The book is rounded out with Canadian resources and advice tailored to Canadian investors. For Dummies' success lies in how the books tackle a given topic. Rather than overwhelm the reader with complicated information, For Dummies books tell you just what you need to know to learn a given skill, in plain English (no fancy long-winded words) and with a dose of irreverent humour. Lighthearted, but not lightweight, the For Dummies series empowers readers to meet and master challenges in their lives — whether it be managing finances, cooking a gourmet meal, or finding a job. Series features such as cartoons, humorous icons, and the Part of Tens, guarantee they'll have lots of fun doing it, too.

Genres: Finance, Nonfiction, Business, Self Help, Buisness

384 pages, Paperback

First published May 23, 2003

About the author

Andrew Dagys, CPA, CMA, is a professional accountant and the bestselling author of more than a dozen books, including Dummies books on investing, financial planning, and small business.

Reviews

[Kristal · Rating 4 out of 5]

Really good reference guide for the beginning investor. Read several chapters but I'm putting it down for now since I want to look into a broader scope of investing outside of just stocks to get a better understanding of what's right for me. Really surprised how much my husband got into it though- the amount of research he's doing about stock investing is intense and it's getting his finances back on track. It's really surprising since he was so apathetic about personal finance previously since he believes (believed?) our current currency is not to be trusted.

[Benjermaine Wiseman · Rating 4 out of 5]

Gives an overview on a variety of topics in investing. The chapter on crypto currency you should skip. It shows how this area was outside the authors realm of knowledge and gives terrible suggestions such as using Quadriga as a recommended crypto exchange in Canada. For those who don't know, that exchange went viral as the CEO mysteriously went missing in India leaving with millions missing lol.

[Dennie · Rating 4 out of 5]

Good starter book

[Krystal Drake · Rating 5 out of 5]

Very helpful

[Skyler Delaurier · Rating 5 out of 5]

At the time of reading I was new to investing, had no knowledge of the stock market and was eager to learn.
After a week of reading it out and taking notes, it significantly improved my stock market knowledge and gave me a great basis of understanding.
This book is not going to make you rich, and it isn't the only book you should use while considering how to invest, but it was an amazing building ground as a beginner.
After reading this book I understood the terminology, the different kinds of investments and had a deeper understanding of the stock market in general.
I'd recommend to any beginner investor, preferably the updated version that had a part on robo-advisors!

[Mathew Deas · Rating 4 out of 5]

Good read for a beginner.

Things I learned from this book:
What is meant by a business' "market capitalization".
Basics of what the terms "fundamental analysis" and "technical analysis" refer to.
The power of dividend reinvestment plans, direct purchase plans, dollar cost averaging, etc.

If you already know these things, (not me before I read this) this book is probably not for you.

The author of this book not so subtly hinted at precious metals being a relatively safe investment at several points. Today a YouTube video of Warren Buffett claiming an investment in gold is an investment in the fear people have within them and nothing else has changed my mind. He also claimed an investment in a farm (or a company) is an investment in productivity and the human spirit. These two facts, coupled with the falling price of precious metals in recent times after an insane rise, has changed my mind about investing in commodities. Gas is at less than a dollar a litre in Toronto for the first time in forever. (I hear OPEC is putting the squeeze on tar sands producers by supplying excess oil). I would view buying gas at this cheap price, putting fuel stabilizers in it then waiting as being ethical as the gasoline has value to you; you can use and consume it in your car, lawnmower, weed whacker, etc. Gold on the other hand has no utility to you. You can only hope to "gain" from it by selling it to another person at a higher price.

3 hour Warren Buffett video: https://www.youtube.com/watch?v=Rb3bz...

[Olivier Pitre-Breton · Rating 5 out of 5]

If you are a Canadian investor and want to know the basic of everything go for it

[Parksy · Rating 3 out of 5]

Very good overall summary of stock investing. Excellent place to start...