3 ms·
I've been reading about stock trading over the last couple months, as time allows, thanks to Metlife managing my 403b to a phenomenal 1% growth over 5 years. H
by viae 18y ago
I've been reading about stock trading over the last couple months, as time allows, thanks to Metlife managing my 403b to a phenomenal 1% growth over 5 years. Hands down the best book I've read so far is, Fire Your Stock Analyst: Analyzing Stocks On Your Own (Definitive Guides (Financial Times/Prentice Hall).*
All other books I've seen are "get rich quick." FYSA is the only one that has told me what the terms mean, how to calculate the "fundamentals", and where/how to research a company. It also gives examples of value and growth strategies. It doesn't, ever, tell you what you need to do to get rich, but rather, what you need to do to make informed decisions.
Mix in "common sense" and your own opinions and your off!
* Yes, I've read (most of) a Kramer book, too. Avoid at all costs. The only useful advice: buy and research (not buy and hold), it is possible to make money in down markets too, and sometimes its better to be in cash instead of stocks while you find your next position. The other 350 pages is about how EASY it is too make MAAAAD MOOOONNEY. Don't you want MAAAAD MOOOONNNNETY??!?11