Stock Investing for Dummies By Paul Mladjenovic

Stock Investing for Dummies By Paul Mladjenovic

1
The Essentials of
Stock Investing

IN THIS PART . . .
Find out what you should do before you invest your first
dollar in stocks. Evaluate your current financial goals and
situation.
Know the different approaches to stock investing and
which may be right for you.
Figure out the risks of stock investing and discover the
best ways around them. Understand the concept of
volatility.
Invest in the best stocks with a single exchange-traded
fund (ETF) purchase.

IN THIS CHAPTER
» Knowing the essentials of stock
investing
» Getting ready to purchase stocks
» Using what you know to pick
successful stocks

Chapter 1
Surveying the World
of Stock Investing
As I write this, the stock market is near an all-time high (circa 29,000), and
the economy is rebounding to generational highs in employment and a
return to improved prosperity for Main Street America unseen in decades,
which bodes well for stock investors in the near term. I think that there are great
stock investment opportunities in virtually any time — even for newbies. There
are great stocks to help you build your wealth (or provide dividend income) in
both up and down markets. In fact, a bear (or down) market can be a great time to
buy stocks because they’re cheaper (think “sale!”). The key is knowing what to do
(and even why), but that’s what this book is for!
Today’s stock market is a little puzzling, but it can still be rewarding. I can only
promise you that if you read this book seriously, you’ll do much better than the
average investor. Note that patience and discipline count now more than ever.
The purpose of this book is not only to tell you about the basics of stock investing
but also to let you in on solid strategies that can help you profit from the stock
market. Before you invest, you need to understand the fundamentals of stock
investing, which I introduce in this chapter. Then I give you an overview of how to
put your money where it will count the most.

Stock Investing for Dummies By Paul Mladjenovic