You are previewing The Everything Investing in Your 20s and 30s Book.
O'Reilly logo
The Everything Investing in Your 20s and 30s Book

Book Description

Start planning your financial future now!

The most important time to invest for lifelong savings is as early as possible! If you are in your twenties or thirties, it's time to start building your savings and investing for the future. The Everything Investing in Your 20s and 30s Book includes tips on how you can save money, invest that money wisely, and monitor your progress. With this easy-to-use guide, you'll learn about:

  • Stocks and bonds
  • Saving for retirement
  • Mutual funds
  • Real estate investing
  • Working with a financial advisor
Whether you want to start building a nest egg for retirement, start a business, or save for your children's education, the techniques and tips in this book will have you well ahead of your peers and on your way to continued financial success.

Table of Contents

  1. Title Page
  2. Dedication
  3. Contents
  4. Top 10 Tips That Will Keep You in the Money
  5. Introduction
  6. CHAPTER 1Are You Ready to Become an Investor?
    1. Can You Afford to Invest?
    2. Know Your Risk Profile
    3. Setting Realistic Goals and Timetables
    4. How Much Will You Need to Get Started?
    5. Know Before You Invest
    6. The Basics of Market Analysis
    7. Evaluate and Adjust Your Approach
    8. The “Ready to Invest” Test
  7. CHAPTER 2Steps to Grow Your Nest Egg
    1. Give Your Finances a Physical
    2. Artful Budgeting
    3. Personal Finance Software and Apps
    4. Develop a Progress Checklist
  8. CHAPTER 3A Quick and Dirty Overview of the Economy and Investment Vehicles
    1. How Economic Activity Affects Everything
    2. Interest Rates Should Interest You
    3. Important Numbers and Reports to Watch
    4. Why the Rest of the World Matters
    5. Stocks, Bonds, and Mutual Funds
    6. Fundamental and Technical Market Analysis
    7. Technical Analysis
  9. CHAPTER 4A Close Look at Stocks
    1. The Exchanges
    2. Who Polices the Store?
    3. What Stocks Really Are
    4. Stock Indexes
    5. Types of Stocks
    6. Sizing Up Individual Stocks
    7. Important Market Sectors
    8. Penny Stocks
  10. CHAPTER 5Choosing Stocks to Buy
    1. Five Points That Make a Great Company
    2. Buy What You Know and Know What You Buy
    3. Know Where You Are in the Market Cycle
    4. Technical Analysis: The Art of Reading Price Charts
  11. CHAPTER 6Buying Stocks and Monitoring Progress
    1. Investment Clubs
    2. Dividend Reinvestment Plans (DRIPs)
    3. Who Will Do the Investing?
    4. Your Buy List
    5. Executing Stock Trades
    6. Managing Your Money
    7. Keeping Up with Your Stocks
    8. The Buyer’s Checklist
  12. CHAPTER 7Bonds: The Glue That Holds Financial Markets Together
    1. What Is a Bond?
    2. What Makes Bonds Risky?
    3. Corporate Credit Check: Know the Bond Ratings
    4. Prices and Yields
    5. Buying and Selling Bonds
  13. CHAPTER 8Types of Bonds
    1. Categories of Bonds
    2. U.S. Treasury Securities
    3. Municipal Bonds
    4. Corporate Bonds
    5. Zero-Coupon Bonds
    6. High-Yield Bonds
    7. Mortgage-Backed Securities
    8. The Bond Investor Checklist
  14. CHAPTER 9The Mutual Fund: The Beginner’s Best Friend
    1. What Is a Mutual Fund?
    2. Some Fund Facts
    3. Why Mutual Fund Investing Is a Good Thing for Investors
    4. Is It All about the Fund Manager?
    5. Mutual Fund Families
    6. Expenses, Loads, and Other Fees
    7. Making Sense of Fund Reports
    8. Different Approaches to Mutual Fund Investing
    9. Dollar Cost Averaging: Buying During Good and Bad Times
  15. CHAPTER 10The Large Universe of Mutual Funds
    1. Index Funds
    2. Growth Funds Versus Income Funds
    3. Value Funds
    4. Considering Sector Funds
    5. Balanced Funds and Built-In Asset Allocation
    6. International and Global Funds
    7. Small-Cap, Mid-Cap, and Large-Cap Funds
    8. Bond Funds
    9. Mutual Fund Investing Checklist
  16. CHAPTER 11Combining Funds for Performance
    1. Your Risk Tolerance
    2. Diversification Is Your Friend
    3. Considering Your Choices
    4. Parsing Past Performance
    5. Six Fund Investment Strategies
    6. Tracking Your Funds’ Performance
    7. When to Sell
    8. The Fund Monitoring Checklist
  17. CHAPTER 12Exchange Traded Mutual Funds: The New Frontier
    1. What Are ETFs?
    2. ETFs Versus Mutual Funds
    3. What Kinds of Investments Can You Make Through ETFs?
    4. Animal Crackers and Geometry: Spiders, Vipers, Diamonds, and Cubes
    5. Mixing ETFs Into Your Portfolio
    6. Choosing Wisely
    7. Recognizing Special Situations
    8. Buying and Selling ETFs
    9. Tracking Your ETFs
  18. CHAPTER 13Green Investing
    1. What Are Green Investments?
    2. Green Stocks
    3. Green Bonds
    4. Green Funds
    5. Looking Beyond the Green
    6. Your Green Portfolio
  19. CHAPTER 14Real Estate Investing: Getting Grounded and Rated
    1. The Basics of the Real Estate Game
    2. Using Leverage
    3. The Fix and Flip Business Model
    4. Building Wealth Through Rental Properties
    5. Choosing the Most Profitable Real Estate
    6. The Management Challenge
    7. Real Estate Investment Trusts
    8. Tracking Your REITs
  20. CHAPTER 15Taking More Risks
    1. Risky Strategies: The Double-Edged Sword
    2. Selling Short and Using Margin
    3. Initial Public Offerings
    4. Commodities and Precious Metals
    5. Trading Currencies
    6. Deciphering Derivatives
    7. Employee Stock Options
    8. Trading Futures
  21. CHAPTER 16Working with a Financial Advisor
    1. What Kind of Advice Do You Need?
    2. What Can You Expect from a Financial Advisor?
    3. Shopping for the Right Financial Advisor
    4. How Much Will It Cost?
    5. How to Find an Advisor
  22. CHAPTER 17Doing It Yourself
    1. How Much Work Are You Willing to Do?
    2. Online Investing
    3. The Dangers of Online Investing
    4. What to Look for in an Investment Website
    5. Useful Investment Websites
  23. CHAPTER 18Investment Taxes
    1. How Taxes Affect Your Portfolio
    2. Types of Investment Taxes
    3. Crafting Your Investment Tax Strategy
    4. Methods for Reducing Your Tax Liability
    5. Understanding Legal Tax Shelters
  24. CHAPTER 19Investing for Education
    1. Start Planning for College Tuition Now
    2. Tax Sheltered Education Savings Plans
    3. The 529 Plans
    4. Coverdell Education Savings Accounts
    5. Prepaid Tuition Plans: Are They Worth It?
    6. Education Bonds and CDs
  25. CHAPTER 20Retirement Planning
    1. The Genius of Tax-Deferred Investing
    2. It’s Never Too Early to Start
    3. The 401(k) Plan
    4. Individual Retirement Accounts (IRAs)
    5. Health Savings Accounts (HSAs)
    6. Time and Focus Are Your Best Allies
  26. APPENDIX AOnline and Discount Brokers
  27. APPENDIX BInvestment Publications
  28. APPENDIX CGlossary of Terms
  29. Acknowledgments
  30. Copyright