The First Time Investor How to Start Safe, Invest Smart, and Sleep Well

by Chambers, Larry; Rogers, Dale

• ISBN13: 9780071420372
• ISBN10: 0071420371
• Edition: 3rd
• Format: Paperback
• Copyright: 2004-04-12
• Publisher: McGraw-Hill Education

Summary

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 Investorhas 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.

Author Biography

Larry Chambers is a former top investment advisor with E.F. Hutton and Co. and the author of several highly successful investment books.

Dale Rogers is president and CEO of The Rogers Companies, which manages 55,000 401(k) accounts for investors across the U.S.

Table of Contents

Acknowledgments	vii
Introduction	ix
PART ONE GETTING STARTED: INVESTING THE SUCCESSFUL WAY	1	(40)
CHAPTER 1 We Want You to Become Rich!	3	(6)
CHAPTER 2 Going from a Saver to an Investor	9	(8)
CHAPTER 3 Noise, Clutter, and Nonsense	17	(8)
CHAPTER 4 The Real Story	25	(16)
PART TWO HOW THE GAME IS PLAYED	41	(50)
CHAPTER 5 Strategies That Give You the Edge	43	(48)
LESSON 1 Know the Amount of Risk You're Willing to Take	44	(4)
LESSON 2 Understanding Asset Classes	48	(9)
LESSON 3 The Six Principles of Successful Investing	57	(12)
LESSON 4 Understanding Investment Funds	69	(5)
LESSON 5 How to Design Your Own Investment Portfolio	74	(17)
PART THREE TACTICAL TO PRACTICAL	91	(28)
CHAPTER 6 How Much Money Is Enough?	93	(6)
CHAPTER 7 Where Do You Get Help?	99	(6)
CHAPTER 8 Social In-Security	105	(4)
CHAPTER 9 How to Pay for Your Children's College	109	(10)
PART FOUR INVESTING FOR YOUR RETIREMENT	119	(40)
CHAPTER 10 Employer-Sponsored Retirement Benefits	121	(10)
CHAPTER 11 The 401(k) Plan	131	(8)
CHAPTER 12 IRA versus 401(k) Plan-Do You Have to Choose?	139	(10)
CHAPTER 13 Who Says You Can't Make Up for Lost Time?	149	(4)
CHAPTER 14 Use Your Employer's Money	153	(6)
PART FIVE ACTIVE INVESTMENT VEHICLES	159	(92)
CHAPTER 15 Actively Managed Mutual Funds	161	(26)
CHAPTER 16 Individual Stocks	187	(10)
CHAPTER 17 Individual Bonds	197	(10)
CHAPTER 18 Annuities	207	(22)
CHAPTER 19 Separate Accounts	229	(6)
CHAPTER 20 Other Investments	235	(4)
CHAPTER 21 Company Stock Options	239	(8)
CHAPTER 22 Conclusion	247	(4)
APPENIDX A Retail Asset Class Mutual Funds	251	(4)
APPENIDX B Formulas	255	(8)
APPENIDX C Budget	263	(6)
Glossary	269	(18)
Bibliography	287	(2)
Innovations in Finance	289	(2)
Index	291