Mladjenovic - High-level investing for dummies

High-Level Investing For Dummies

Published by: John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030-5774, www.wiley.com

Copyright 2016 by John Wiley & Sons, Inc., Hoboken, New Jersey

Published simultaneously in Canada

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Library of Congress Control Number: 2015954288

ISBN 978-1-119-14081-8 (pbk); ISBN 978-1-119-14083-2 (ebk); ISBN 978-1-119-14082-5 (ebk)

1. Table of Contents

Todays stock market has entered historic times for both good and bad reasons, so investors have to be sharper than ever. Knowledge and information can be more valuable than money. Plenty of investors have lost a fortune due to a lack of knowledge of what was happening. Conversely, plenty of people with limited funds have applied their knowledge and slowly built a fortune.

Money is only the fourth most important ingredient to your financial success; the first three are knowledge, time, and discipline. In High-Level Investing For Dummies, I emphasize those key points and much more. This book has everything from insights from historys greatest investors to descriptions of the stock investing and speculating vehicles that seasoned investors and money management pros use to enhance their profitability.

To say I wish you great success is putting it mildly. I am grateful to you, the reader, for allowing me to be a part of something as intimate as your aspirations and goals. Furthering your financial success so that you can help yourself, your loved ones, and your honorable pursuits (such as charities or personal endeavors) is a personal honor for me.

Make it a great investing day!

Out of all the worn-out slogans from the past hundred years, I think the best one for this book is the more you learn, the more you earn. Im proud of my book Stock Investing For Dummies (four editions and counting!), and I think its a valuable addition to your library, but I couldnt fit all the profitable information into it that I wanted. Thats why Im so glad to be doing this follow-up book, High-Level Investing For Dummies. I cant think of a better one-two combination in the stock investing world! Having this book in your possession suggests youre a serious wealth-builder who understands that stocks, exchange-traded funds, and derivatives can be powerful and intricate parts of your strategies.

As both a long-time observer and participant in the stock market, Ive seen many market conditions and learned that any time is a good time to profit from the markets moves. The issue is not the market itself; the real issue is you and your knowledge! There are always wealth-building opportunities in both bullish and bearish markets, and this book will help you profit from all kinds of shifts in the market, whether theyre up, down, or even sideways.

Take this book and the information and guidance within it seriously, and your financial security (and net worth) will grow, no matter whats happening in the stock market. You may not need to read every chapter to make you more confident as a stock investor, so feel free to jump around to suit your personal needs. Because every chapter is designed to be as self-contained as possible, it wont do you any harm to cherry-pick what you really want to read. But if youre like me, you may still want to check out every chapter, because you never know when you may come across a new tip or resource that will make a profitable difference in your portfolio.

Throughout this book, you see words like investor, speculator, and trader and also read about tactics and strategies that are long term or short term. You should understand that these terms are not interchangeable (I do my best to be precise with those terms).

One last note about this book: For the sake of the examples throughout, I dont factor in brokerage commissions. This move keeps things tidy and makes the math easier for me!

My guess is that you got this book for one or more of the following reasons:

• You read Stock Investing For Dummies, and you want more in-depth information and guidance.
• Youre already an experienced stock investor, and you want a book that goes beyond the basics of stock investing.
• You need more ideas and insights to make your stock investing strategies a little more effective, and youre tired of hearing your Uncle Mos tips.
• You have a financial advisor or broker already helping you, and you want to squeeze more value out of the relationship by asking the right questions and getting a better handle on the answers.

See those icons in the margins of this book? Heres what each one means: