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The Complete Idiot's Guide to Making Money on Wall Street Paperback – December 9, 1997
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Like the other books in the Complete Idiot's series, The Complete Idiot's Guide to Making Money on Wall Street is upbeat and geared to the absolute beginner. Starting very simply with how to come up with investment pin money, Christy Heady guides the reader slowly but surely down a road paved with CDs, mutual funds, stop orders, and dividend reinvestment plans. Heady does a good job of demystifying Wall Street lingo and priming the reader for talking to a broker or financial planner. Though the pace of the book is glacial enough that even neophytes may get impatient, there are some good warnings and tips that will save you money, and the slightly nervous investing beginner will find that the simple explanations of DRIPs, bonds, calls, puts, and futures makes it worth getting just to keep as a first reference before moving on to bigger titles.
Lighthearted yet complete, this is the ideal get-started guide for Wall Street investing. Beginning investors can learn the ins and outs of stocks, bonds, mutual funds, futures, and more--and learn how to get the highest returns on their money! Practical, easy-to-understand explanations and advice on complex Wall Street topics. Wall Street experts reveal in-depth information on investing without a broker. Friendly steps to determining the right investment strategy for each person's financial situation. -- Alpha Communications --This text refers to an out of print or unavailable edition of this title.
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This is a book on basics so don't expect to join an indepth conversation with executives at brokerage firms after reading it. It's just enough for you to start investing...
Each chapter is extremely well written. The point Ms. Heady makes repeatedly is that you don't have to be wealthy to start investing. She cites a number of ways you can get started with as little as $50 a month (such as a no-load mutual fund or a DRIP plan). As a matter of fact, Ms. Heady got me so interested in investing that I got started with $50 dollars. I now follow the market everyday online.