Buy and hold? That didn't work. Day trade? Don't have the time or the nerves of steel. Mutual funds? Below-market performance and hidden costs. Frustrated by your recent investment performance? Trying... This description may be from another edition of this product.
A good reference for the Beginer and information for the advance
Published by Thriftbooks.com User , 19 years ago
Active Investing is not a book about day trading. It is a book about how to be involved with your investments. It provides good information on how to find stock information. For example, it explains whats available on Yahoo and how to use the Yahoo web pages. It provides data on free and subscription information. It tells you what and how often to refer to information. It also provides information on how to understand stock information. For example it explains moving averages, trading ranges etc.. It approaches the information in a logical manner. It starts with describing sources, then it explains the different markets (Nasdeq, NYSE), it explains how and what information you should have when making a decision on about a stock. (financial data, market data). It then progresses to how you buy and sell stocks, mutual funds and variations of buying and selling (puts and calls). My opinion is that it is a good book for all people who want to understand the language and rules of the road in buying stocks etc. It does not have any magic formula.
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