In today’s complex financial landscape, there’s no shortage of advice on how to make money in stocks. But what works and what doesn’t? How do you know whom to trust? In this comprehensive guide, Andrew Tobias provides clear answers to these questions and more, delivering time-tested advice that will help you build a solid portfolio and secure your financial future.
With more than two million copies sold, this is the most widely read investment book of all time. Now completely revised and updated for the big data era, The Only Investment Guide You’ll Ever Need offers essential guidance on everything from stocks and bonds to real estate and annuities, demystifies the jargon, and empowers you to make smart investment choices that suit your unique circumstances.
How long to hold stocks?
What kind of stocks should you own? Tobias sets forth the simple yet powerful tenets that have withstood the test of time, and shows how to apply them in today’s ever-changing market. He also takes on some of the most common – and costly – investing mistakes, and provides clear guidance on how to avoid them.
Whether you’re a first-time investor or a seasoned pro, this is the only investment guide you’ll ever need.
Table of Contents
- Introduction
- Stocks
- Bonds
- Real Estate
- Mutual Funds and Other Investment Vehicles
- The Art of Investing
- Managing Your Portfolio
- Tax Planning
- Retirement Planning
- Estate Planning
- Glossary of Investment Terms
- Indexes and Averages
- Resources
- About the Author
- Copyright and Permissions
What is stock investment and why should you invest in it?
Stock investment is the act of buying and holding shares in a company with the expectation that the value of the stock will increase over time. Many people invest in stocks because they offer the potential for high returns, but there are also risks involved.
There are many reasons why you might choose to invest in stocks. Perhaps you’re looking to retire soon and want to grow your nest egg. Or maybe you’re young and hope to make a lot of money over the long term. Whatever your reasons, it’s important to remember that stock investing is a risky proposition. You could lose money if the company goes bankrupt or the stock price plummets. However, if you’re willing to take on the risk, stock investing can be a great way to build your wealth.
How do you start investing in stocks and what are the basics that you need to know about it?
The first step is to open a brokerage account with a firm that offers stock trading. You’ll need to provide some personal information and may be required to deposit money into the account. Once you have an account, you can start buying and selling stocks. When you buy shares of a company, you become a part-owner of that business. As the company grows and becomes more profitable, the value of your shares is likely to increase. Of course, there’s no guarantee that any stock will go up in value. It’s important to do your research before buying shares of any company. You should try to learn as much as you can about the business, its financial condition, and the risks involved.
What are the different types of stocks and how do they differ?
There are two main types of stocks: common stock and preferred stock. Common stock represents ownership in a company and entitles the shareholder to vote on corporate decisions. Preferred stock does not come with voting rights but generally pays out higher dividends than common stock.
