Investing for Dummies, Third Edition [Paperback]

Eric Tyson (Author)

Book Description

ISBN-10: 0764524313 | ISBN-13: 978-0764524318 | Publication Date: December 6, 2002 | Edition: 3

It’s been said, and too often quoted, that the only certainties in life are death and taxes. To these can be added one more: being confused by investing. But remember that no one is born with financial knowledge. It's acquired over time.

If you’ve succeeded in accumulating some money to invest, congratulations! You’ve already accomplished a feat that the majority of people haven’t done yet. But with the increased coverage of the investment world, you may think that investing times have changed. But to a large degree, things haven’t changed all that much. Investments that were lousy years ago are still considered lousy today. But the best investments for building wealth – stocks, real estate, and small business – haven’t changed.

Whether you have a modest or immodest economic means, this easy-to-use guide can help you understand how to increase your wealth by

• Living within your means and systematically saving and investing money, ideally in a tax-favored manner.
• Buying and holding stocks, ide ally through the best mutual funds.
• Building your own small business or career.
• Investing in real estate.

Equally, if not more, important is understanding and choosing investments compatible with your personal and financial goals. Nearly every professional athlete, movie star, or business big shot that gets on the evening news by making an investment blunder and losing considerable money could have – and should have – avoided the error. With Investing For Dummies, 3rd Edition, you'll discover how to do just that. You'll also

• Cut through the jargon and get to the heart of what investments are.
• Figure out what rate of return you can expect and how much risk you should take to get it.
• Explore the financial markets and how you can participate.
• Research stocks and how to best buy them.
• Uncover the best resources to use and the experts worth listening to.

You don’t need a fancy college degree or a rich mom or dad to invest money. What you do need is a desire to practice simple yet powerful lessons and strategies. This book can help by showing you everything you need to start and maintain an investment program.

Editorial Reviews

From the Back Cover

"Eric Tyson is...helping people of all income levels to take control of their own financial future." ?James C. Collins, author of Good to Great

The Wall Street Journal bestseller ? updated for today?s market

"Tyson handily dispatches both the basic...and the more complicated." ?Lisa M. Sodders, The Capital-Journal

Get back to basics with Eric Tyson?s revised and updated guide to investing. You?ll discover how to cut through the hype to find the real deals, how to evaluate securities, how to survive in a down market, how the new tax laws affect your investments, and much more. Become your own investment advisor and start building wealth now!

The Dummies Way

• Explanations in plain English
• "Get in, get out" information
• Icons and other navigational aids
• Tear-out cheat sheet
• Top ten lists
• A dash of humor and fun

About the Author

Eric Tyson, MBA, is a financial counselor, syndicated columnist, and the author of bestselling For Dummies books on personal finance, taxes, home buying, and mutual funds.

Product Details

• Paperback: 456 pages
• Publisher: For Dummies; 3 edition (December 6, 2002)
• Language: English
• ISBN-10: 0764524313
• ISBN-13: 978-0764524318
• Product Dimensions: 8.9 x 7.4 x 1.2 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 3.7 out of 5 stars  See all reviews (16 customer reviews)
• Amazon Best Sellers Rank: #964,761 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

27 of 29 people found the following review helpful:

3.0 out of 5 stars speculative buy rating, May 29, 2006

By 

B. Stallings "Peanut" (Knoxville, TN) - See all my reviews
(REAL NAME)   

This review is from: Investing for Dummies, Third Edition (Paperback)

Here is the best way I can describe this book: It is like a LONG encyclopedia article about investing. This book touches on all the basics but does not get in depth with any one issue. Good for an initial education but DO NOT start investing after you read it! I am not going to get in depth with this review so here is the summary: Too much what you SHOULD do. Not enough how to do it.

BDS III

20 of 21 people found the following review helpful:

5.0 out of 5 stars Much more helpful than I expected..., February 4, 2006

By 

Jawalla (Santa Rosa, California) - See all my reviews

This review is from: Investing for Dummies, Third Edition (Paperback)

I bought this book hoping and expecting a beginner's level introduction to the world of investing. And, for sure I got all of that. However, this book truly helped my with broader financial issues such as thinking about how much to spend on my home and planning to someday start my own business.

I can't recommend this book highly enough. Beautifully written, thorough and without bias. You can't go wrong with this one!

10 of 11 people found the following review helpful:

5.0 out of 5 stars Excellent book for beginners, May 25, 2003

By 

K. Lowe (Memphis, Indiana United States) - See all my reviews
(REAL NAME)   

This review is from: Investing for Dummies, Third Edition (Paperback)

I bought this book on Monday night and finished it on Thursday. Great information on a variety of subjects. I am taking what I read and opening an account within a week of finishing this book. I recommend to anyone who is thinking of opening a brokerage account. Well worth the money.