11/30/2009

Review of The Real Life Investing Guide: How to Buy Whatever You Want, Save for Retirement, and Take the Vacation of Your Dreams While You're Still Young (Paperback)

This is an excellent book. It makes so easy to understand - all those complicated stock terms, author makes use of beautiful examples from time to time. It is a must have for every person who wants to invest money instocks etc. (may be, except the ones, whose primary carrier is stocks orstock trading). I myself bought and sold stock over the last few years butnever understood the terminology completely. It is nice to have it in mylibrary - Thanks to the authors.

Product Description
Packed with important stuff you need to know, and spiced with real-life stories of "entry-level" investors, cool facts (like the fact that between your 18th and 30th birthdays, you will likely hold an average of 7.5 jobs), and references to rock and pop songs, this hip, "tell-it-like-it-is" guide focuses on the basics of investing, stocks and bonds, mutual funds, short term saving and long term investing. Emphasizing that a person is never too young to think about investing, it includes definitions of important terms and concepts such as return, liquidity, risk, dividend, yield, and the stock market indexes; information on how to research a company, purchase stock, and select a mutual fund; and detailed explanations of 401(k) plans and IRAs.

From the Back Cover
This Is Not Your Parents' Investing Guide! If you think there's a greater chance that UFOs exist than that Social Security will still be around when you retire, you're in good company. But if you think that ``financial planning'' fits your lifestyle like sensible shoes and starched shirts, you'd better read The Real Life Investing Guide. Kenan Pollack and Eric Heighberger, two twenty-something themselves, show you why it's never too early to think about investing, no matter when you start working or how low your salary. Filled with real-life stories of ``entry-level'' investors, interesting factoids (did you know that between your 18th and 30th birthdays you will likly hold an average of 7.5 jobs,) and lots of references you can relate to. This book will help you plan for your financial future and enjoy the present! Return, liquidity, risk, dividend, yield--what do they mean? Where to go on the Internet for help purchasing stock; What's the right mutual fund for me? Saving vs. Investing; And more

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