New Art of Investment

by Dunstan, Barrie

• ISBN13: 9780731400010
• ISBN10: 0731400011
• Edition: 1st
• Format: Paperback
• Copyright: 2003-11-17
• Publisher: Wrightbooks

Summary

Investors who joined the stock market during the boom of the 1990s enjoyed double-digit returns. When the investment bubble burst these new investors suddenly discovered the other side of the coin ?shares involve risk and potential losses.Barrie Dunstan? The Art of Investment was a hugely popular title during the 1990s and was updated and reprinted through 5 editions. Each was a down-to-earth guide to how the ordinary person could invest in the stock market without paying fund managers' high fees and without feeling ignorant or inferior.But, after the bubble, investors faced a completely new investment climate. So The New Art of Investment has taken a completely fresh look at investment for the average person. It is a book written with beginners in mind, but the evidence that long-term returns from shares outweigh the short-term risks contains a message for all serious investors.Inside you will discover:* the wonders of dividend imputation and compound interest * just how easy it is to diversify a portfolio * some of the fund managers' secrets for picking stocks * how to avoid excessive fees and charges * what sort of returns can be expected in the future.And Dunstan's original theory remains: stock market investment is an art not a science. With a little effort, most people can do as well ?or even better than ?the professionals.