Keys to Understanding Securities

by Jones-Lee, Anita; Lynas, Austin; Lowe, Janet

• ISBN13: 9780764113093
• ISBN10: 0764113097
• Edition: 2nd
• Format: Paperback
• Copyright: 2000-07-01
• Publisher: Barrons Educational Series Inc

Summary

Barron's easy-to-understand Business Keys take the mystery out of finance and investment for ordinary consumers. These easy-to-read books offer up-to-date advice on saving, investing, protecting one's assets, coping with taxes, and prudent management of personal finances. New titles available this season are revised editions of previously released favorites, updated to reflect today's market conditions and recent changes in finance and tax laws.

Makes clear the differences between common and preferred stocks, the many different kinds of mutual funds, convertible and non-convertible bonds, and more. Tells readers how to read a broker's prospectus.

Table of Contents

Introduction	v
What Is a Security?	1	(5)
Types of Securities	6	(6)
Risk and Reward	12	(2)
Security Design	14	(1)
Common Stock---The Basic Equity Security	15	(3)
Preferred Stock	18	(2)
Initial Public Offerings (IPOs)	20	(2)
Buying and Selling	22	(4)
International Securities	26	(3)
Certificates/Book Entry	29	(1)
Voting Rights and Power	30	(2)
Preemptive Rights	32	(1)
The Role of Underwriters	33	(2)
Growth and Momentum Investing	35	(2)
Evaluating Securities	37	(1)
Fundamental Analysis	38	(3)
Technical Analysis	41	(2)
The Random Walk (Efficient Market Theory)	43	(3)
Value Investing	46	(2)
Day Trading	48	(2)
Derivatives, Futures, and Options	50	(3)
The Beta	53	(1)
Mutual Funds and Unit Investment Trusts	54	(2)
Pass-Through Securities	56	(2)
REITs and REMICs	58	(3)
U.S. Government and Quasi-Government Pass-Throughs and Pay-Downs	61	(4)
Special Types of Issuers	65	(2)
Debt Securities: An Overview	67	(3)
Basics on Bonds	70	(2)
Fixed-Income and Variable-Income Securities	72	(3)
Zeros and Convertibles	75	(2)
U.S. Government Securities	77	(4)
Credit Enhancements	81	(2)
Senior/Subordinated Structures	83	(1)
Bond Ratings	84	(6)
Scams, Swindles, and Follies	90	(7)
The Securities and Exchange Commission	97	(4)
Securities Markets	101	(5)
Internet On-line Trading	106	(2)
On-line Investment Resources	108	(4)
Major Federal Securities Laws	112	(2)
The Securities Act of 1933	114	(4)
The Securities Exchange Act of 1934	118	(6)
The Investment Company Act of 1940 and Other Statutes	124	(3)
Questions and Answers	127	(7)
Glossary	134	(20)
Index	154