Investing Online for Dummies
There are many reasons to invest online; it saves you money from expensive commission costs, as well as gives you more financial flexibility. However, online investing comes at a cost which is a higher level of difficulty and risk. Author Matt Krantz, takes you through a step by step guide which aims at making you the successful individual investor.
There are many tools that investing online presents; you are connected to powerful resources such as financial websites, you can see continuously updated, interactive graphs, and you have software available at your fingertips such as Microsoft’s Excel and Money, as well Quicken applications.
Krantz does a good job letting you know the many opportunities of investing online as he walks you through several financial instruments. He covers debt and equity securities which include stocks, bonds, money markets, and mutual funds. He also helps you with concepts like options trading, currency trading, and asset allocation
Instead of focusing and going into a lot of detail on any particular subject, Krantz is vague and gives you basic information and references to websites to learn more. If you are looking to learn a great deal about any one of these instruments, this is not the book for you. However, if you want a general overview of the whole market, you will probably find value in this how to guide. Overall, I recommend this book because it gives you websites with intangible info, and it explains a new concept of investing which breaks away from the traditional form with a stock broker.
There are many reasons to invest online; it saves you money from expensive commission costs, as well as gives you more financial flexibility. However, online investing comes at a cost which is a higher level of difficulty and risk. Author Matt Krantz, takes you through a step by step guide which aims at making you the successful individual investor.
There are many tools that investing online presents; you are connected to powerful resources such as financial websites, you can see continuously updated, interactive graphs, and you have software available at your fingertips such as Microsoft’s Excel and Money, as well Quicken applications.
Krantz does a good job letting you know the many opportunities of investing online as he walks you through several financial instruments. He covers debt and equity securities which include stocks, bonds, money markets, and mutual funds. He also helps you with concepts like options trading, currency trading, and asset allocation
Instead of focusing and going into a lot of detail on any particular subject, Krantz is vague and gives you basic information and references to websites to learn more. If you are looking to learn a great deal about any one of these instruments, this is not the book for you. However, if you want a general overview of the whole market, you will probably find value in this how to guide. Overall, I recommend this book because it gives you websites with intangible info, and it explains a new concept of investing which breaks away from the traditional form with a stock broker.
1 comment:
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