Product Description

Pocket-size guide to everything you need to know about stocks; including more than 50 quick, easy, and entertaining lessons on stocks and investing. Discusses how to open an account, evaluate a stock, and place a trade; strategies for making money slow or fast, with the advantages and dangers of each; and ten costly mistakes that are easy to make. Softcover. DLC: Stocks.

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Product Details

Publisher	McGraw-Hill
ISBN	0071409130
Format	Paperback
Author	Michael Sincere
EAN	9780071409131
UPC	639785383482
Label	McGraw-Hill
Edition	1
Dewey Decimal Number	332.6322
Studio	McGraw-Hill
Number Of Pages	180
Title	Understanding Stocks
Publication Date	2003-08-19
Manufacturer	McGraw-Hill

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Customer Reviews

Short, simple, but educational

Review by Mariusz Skonieczny, 2009-08-14

The author definitely delivered a book that is short, easy to read, and educational about stocks. As he says, understanding stocks is not that hard. What is hard is how to make money in stocks. This book covers topics such as understanding prices, analyzing stocks, knowing where to buy stocks, and understanding investment strategies. Readers can find different strategies for different time horizons. For example, there is a chapter dedicated to investors who want to grow wealth slowly, and another chapter for those who are in a hurry to make money. The analysis of stocks includes fundamental analysis and technical analysis.

In Chapter 15, the author lists mistakes that investors make which causes them to lose money in the market. Some of the mistakes include not selling losing positions, letting winning stocks become losers, getting too emotional, and not learning from mistakes. Readers will find most of the information presented in this book useful.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

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Great Starter Book

Review by Loraine K. Kritz, 2009-05-23

Sincere introduces the stock market in a clear simple manner. It's one of the best books a novice investor can read. The step-by-step approach clarifies the seemingly complicated practices that the TV Talking Heads like to argue about. Sincere shows that it's not complicated, but that if you will devote the time to learning and practice, you can learn to trade profitably. I had taken a course and read many other works before this, but found that this one really put all the variants into a clear prospective.

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Great, But Very Basic

Review by Joao Cortez, 2008-10-05

This book provides the core knowledge and basic information about the stock market. It's concise and very easy to understand. It's excellent if you are looking for a basic introduction to stocks.

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Good basic groundwork

Review by M. Doyle, 2007-09-30

I am just starting to invest and this book contained great groundwork and information. Easy to read and follow the concepts.

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A Good Introduction, But Not Always Clear

Review by John Trotter, 2007-01-11

First of all, let me say that I did get a lot out of this book. As someone new to investing, it answered some of my questions, but not all. My main complaint is that it's descriptions are not always clear. For example, when describing a Head and Shoulders Pattern (page 120) the reader is refered to a figure as an example. This is great, except that the author does not tell the reader where to look in the figure. Thus, the explaination has little value, unless you know what this pattern looks like in the first place. It would have been nice to include a glossary of terms, especially for fundamental analysis, even if these terms were not discussed in detail in the text.

My recommendation would be to get this book if you want a quick introduction to stocks. Be prepared to invest in additional references if you want to make sense of your broker's quotes.

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