Part II. Using Online Investment Resources

Using Online Investment Resources

In this part...

Opening an online brokerage account doesn't suddenly make you an online investing master. To get to the next level and boost your sophistication and success investing online, you need to upgrade your knowledge of the inner workings of online investing and understand how to use the Internet to your advantage.

The chapters in this part help you lift yourself above the click-happy masses of online investors who just buy and sell stocks willy-nilly. You find out what forces drive stock prices and how to track those forces by using online calculators and communities on the Internet. I then introduce you to one of the most important, and most ignored, skills that all online investors need: measuring the risk and return of stocks and your portfolio. You find out how to use the Internet to design an asset allocation, a (boringsounding) step that determines your success as an online investor. You also get tips on how to research and buy mutual funds and exchange-traded funds online.

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