Stock Investing for Dummies review
I just finished listening to Stock Investing for Dummies by Paul Mladjenovic. All in all, it isn’t a bad book for beginners who want to start learning about stock investing. The author covers the basics and touches on quite a few other topics as well. Interestingly, he forecasted and talked quite a bit about the impending recession that we are currently going through. The book was released back in 2005.
While I think the book does a good job covering the basics of stock investing, it leaves the reader/listener with the general impression that stock-picking is very time consuming and difficult. I personally don’t believe that to be the case. I don’t have decades of successes behind me to prove my theory, but when I do I will let you know!
In general, the book was very much like a college textbook for stock-picking. It’s one of those books that is great as a resource, but doesn’t have the inspiring pizazz to get you to want to run out and start investing. Peter Lynch’s One up on Wall Street or The Little Book that Beats the Market leave you feeling super excited about investing. Neither is as detailed as Stock Investing for Dummies, but they sure get you excited about investing.
I should also mention that the author suggests that you probably won’t be able to start investing without at least $10,000. Back in 2005 I was buying stocks with just a few hundred dollars at ShareBuilder. I recently signed up for Zecco as well since they have free trades. These are just two of many places that investors can start with a lot less than $10,000.
So for this week’s giveaway, I will be giving away the audiobook version of Stock Investing for Dummies. If you want a shot to win it, just head over to the forums!
What do I have to do to win the Stock Investing for Dummies audiobook?
- Go to the ChristianPF Forums before 11:59 p.m. CST on November 20th, 2008.
- Sign up, if you have not already. (Don’t worry, it is a very quick process)
- Leave a comment by joining one of the conversations or starting a new one.
To be sure you are entered for the giveaway each week, just make sure you comment at least once a week.
- I will randomly select a winner using random.org.
- The winner will be announced on November 21st in the forums!!
{ 2 comments… read them below or add one }
For beginner investor who have less than $10,000, beside Zecco (I think zecco is good), you can choose Think or Swim.I personally had experience with them and I really satisfied. And about the book, I think this book is quite good for beginner investor.
One of the rules I have set for myself is to only invest in the stocks of companies that have a product I am passionate about. For example, I am looking at a stock in a company called Mentor Capital because they have a 20% interest in Quantum Immunologics (QI), a privately held bio technology company with FDA approved clinical trials on the way for an innovative new breast cancer treatment. Because I have a passion for the progression of breast cancer treatment, investing in this stock is a pleasure and something I can be excited about.
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