Understanding Stocks by Michael Sincere
Understanding Stocks by Michael Sincere
Way back when I was new to investing, I decided that I really needed to know the truth about how stock investing works. I couldn’t go on trying to figure it out for myself through my own reasoning. I knew I was way off. Little did I know how much information I was really missing.
I made a trip to the bookstore with two things in mind, cheap and informative. I only wanted to basics. So many of the books I saw were so specific that I was beginning to give up, until I came across this book, understanding stocks. On the back it says, “Everything the novice investor needs to know to get started in stocks.” I found what I was looking for.
This book gave me exactly what I needed, the basics. It tells you exactly what the stock market is, what a share of stock is, the history behind the stock market, and the two different forms of stock research. It also talks about other forms of investments including mutual funds, and bonds and specific terms are described relating to them.
He gives some good information about where to buy stocks and placing orders. I found the examples including specific math functions were very helpful in explaining points.
I really found interesting the different ways of making money in the stock market including the well known buy and hold and many others I would have never thought of. The last section includes uncommon advice. In this section he talks about what makes stocks go up and down, why people lose money in the stock market, and his own opinion about the stock market.
I thought this was a good book to get started in the stock market with. So many of the other more advanced books assume you know the basics. This book will give you those basics to move on into more complicated reading.
