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Online Investing For Dummies
Build a winning portfolio--and reduce your risk--with this bestselling guide
Online investing has never been easier--or more potentially confusing. Now that every broker or finance site has its own app, data, or approach, it can be all too easy to be misled and make a bad decision. Online Investing for Dummies helps you reduce risk and separate the gimmicks from the gold, pointing investors of all experience levels to the pro-tips, calculators, databases, useful sites, and peer communities that will lead to success.
Updated to include information on mobile trading and the influence of social media on the markets, the book also covers the basics--showing you how to figure out how much to invest, find data online, and pick an online broker. It then progresses through to more advanced topics, such as calculating returns, selecting mutual funds, buying bonds, options, commodities, and IPOs, taking you and your money wherever you want to go in the global market.
Set expectations and assess your risk Analyze stocks and financial statements Assemble the suite of tools to calculate your performance Get tips on choosing the right online broker and on protecting your information online It's time to get a pro strategy, and Online Investing for Dummies has all the inside information you need to build up that winning portfolio.
Online investing has never been easier--or more potentially confusing. Now that every broker or finance site has its own app, data, or approach, it can be all too easy to be misled and make a bad decision. Online Investing for Dummies helps you reduce risk and separate the gimmicks from the gold, pointing investors of all experience levels to the pro-tips, calculators, databases, useful sites, and peer communities that will lead to success.
Updated to include information on mobile trading and the influence of social media on the markets, the book also covers the basics--showing you how to figure out how much to invest, find data online, and pick an online broker. It then progresses through to more advanced topics, such as calculating returns, selecting mutual funds, buying bonds, options, commodities, and IPOs, taking you and your money wherever you want to go in the global market.
Set expectations and assess your risk Analyze stocks and financial statements Assemble the suite of tools to calculate your performance Get tips on choosing the right online broker and on protecting your information online It's time to get a pro strategy, and Online Investing for Dummies has all the inside information you need to build up that winning portfolio.
- GenresFinance
432 pages, Kindle Edition
Published August 7, 2019
83 people are currently reading
39 people want to read
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Displaying 1 of 1 review
June 16, 2021
"I liked it."
Light in depth, mostly an aggregated list of links to help guide you.
This is loaded with tons of online resources to help someone go down the online investing path, as opposed to wildly google searching away and hoping one doesn't get suckered into stumbling into a watering hole website to steal all your information or worse.
Other notable highlights are some cybersecurity considerations which I enjoyed, discussing how you should have a dedicated laptop strictly for business/investing. Your other PC that you use for gaming, browsing the web, doing school, email, etc.,... just not a good idea to mix these two environments, even if you avoid the darker and more nefarious sides of the web.
I really enjoyed the topic on money decay as well, covering inflation and how savings accounts pretty much allow you to break even at best, more likely leave you with a 1% loss, with their measly 3% or less returns.
If you gloss over all the links/online resources on this, it is a super quick read and I would say absolutely worth the time if you have ever considered online investing and are new to the subject.
Even if you have experience and/or are already actively investing online, I think you would at least be able to pull a few takeaways from this and also verify you are doing the right thing/on the right track.
Light in depth, mostly an aggregated list of links to help guide you.
This is loaded with tons of online resources to help someone go down the online investing path, as opposed to wildly google searching away and hoping one doesn't get suckered into stumbling into a watering hole website to steal all your information or worse.
Other notable highlights are some cybersecurity considerations which I enjoyed, discussing how you should have a dedicated laptop strictly for business/investing. Your other PC that you use for gaming, browsing the web, doing school, email, etc.,... just not a good idea to mix these two environments, even if you avoid the darker and more nefarious sides of the web.
I really enjoyed the topic on money decay as well, covering inflation and how savings accounts pretty much allow you to break even at best, more likely leave you with a 1% loss, with their measly 3% or less returns.
If you gloss over all the links/online resources on this, it is a super quick read and I would say absolutely worth the time if you have ever considered online investing and are new to the subject.
Even if you have experience and/or are already actively investing online, I think you would at least be able to pull a few takeaways from this and also verify you are doing the right thing/on the right track.
Displaying 1 of 1 review