Financial Planning for the utterly confused - Joel Lerner

Page 93

CHAPTER 9

Stock Market Information—Where to Get It 쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆쏆

“It’s not the bulls and the bears on Wall Street that make you lose money; it’s the bum steers.”

Do I Need to Read This Chapter? • Am I eager to jump into the stock market, but feel a little short on general preparations? • Am I totally clear on “P/E,”“100s,” and all the other shorthand notations for stocks in the financial pages? • Can I identify and analyze the five key indicators in judging a stock’s value? • Do I understand the key stock market indexes? • Have I developed the thick skin and commonsense attitude required to play the market? ow that you know the basic characteristics of the different kinds of stocks, let’s take a look at some of the things you should know to get started in stock market investing. People will spend 5 to 10 hours in comparison shopping for a television that cost $300 but will put $5,000 into a stock after a 5-minute phone call from a broker. The next time you want to buy a stock, spend time learning about the market and its offerings. Pretend you

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Glossary

37min
pages 289-313

Chapter 29 Unpleasant But Necessary—Health Care Issues for Seniors

12min
pages 279-286

Chapter 28 Prenuptials and the Marriage Vow

9min
pages 271-278

Chapter 27 For Women Only—An Introduction

18min
pages 259-270

Chapter 26 Trust Me

14min
pages 249-258

Chapter 25 Will It?

14min
pages 239-248

Chapter 24 Social Security

12min
pages 229-238

Chapter 21 Planning Your Retirement—An Overview

6min
pages 201-206

Chapter 20 Mortgages—In Reverse

11min
pages 193-200

Chapter 22 The IRA

19min
pages 207-220

Chapter 23 The 401(k), the SEP, and the Keogh Plan

12min
pages 221-228

Chapter 19 Mortgages—The Finances of Homeownership

15min
pages 183-192

Chapter 18 Condominiums and Co-ops—A Living Investment

11min
pages 175-182

Chapter 17 Real Estate as Security and Investment

9min
pages 169-174

Chapter 15 U.S. Savings Bonds—Safety First

18min
pages 145-158

Chapter 16 Life Insurance—The Risk Protector

15min
pages 159-168

Chapter 14 Treasuries Are a Treasure

16min
pages 133-144

Chapter 13 Municipal Trusts and Funds—Tax-Free Alternatives

9min
pages 127-132

Chapter 12 Municipal Bonds—The Tax-Free Choice

10min
pages 119-126

Chapter 11 Ginnie Mae—The Misunderstood Instrument

13min
pages 109-118

Chapter 10 Zero Investment

11min
pages 101-108

Chapter 9 Stock Market Information—Where to Get It

12min
pages 93-100

Chapter 8 Stock Market—Bulls, Bears, and Pigs

12min
pages 85-92

Chapter 6 Mutual Funds—The Basics

12min
pages 67-76

Chapter 4 Gold, Silver, and Diamonds—Investment or Enjoyment?

14min
pages 51-60

Chapter 2 Certificates of Deposit—Old Faithful

10min
pages 33-40

Chapter 7 Mutual Funds—Spreading the Risk

10min
pages 77-84

Chapter 5 Money Market Accounts—The Parking Lot

7min
pages 61-66

Chapter 1 Annuities for Today’s Living

11min
pages 25-32

Chapter 3 Corporate Bond Market—For the Future

15min
pages 41-50
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