If you’re like most people, investing is extremely intimidating. You know its something you should be doing, but it’s hard to know where to even begin. What is a stock? How do I buy one? What on Earth is an “equity”? And isn’t “asset allocation” something reserved for a high school locker room? Every time you try to educate yourself, you are met with nothing but confusing articles and cryptic financial mumbo jumbo?
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When you finish reading this book, you will have the basic tools necessary to open your first investment account and get started. Here are some common questions that we will cover:
•Why is investing necessary?
•How is investing different from gambling?
•What is a stock?
•How does a stock make money?
•How can I buy stocks?
•What is a bond?
•Should I invest in gold?
•What is an index fund?
•Which index funds should I buy?
•What is asset allocation?
•Who should I open an account with?
•What type of account should I open?
•What is the difference between a Roth IRA and a Traditional IRA?
This book is written with the beginner in mind. If you’ve tried to learn about investing before, but have been frustrated by all of the complicated terms - this book is for you! Everything you need to know to get started investing is laid out in a logical, easy-to-follow format.
By following these simple 6 steps, you'll be ready to build wealth investing in the stock market!