A Simple Guide for the Clueless, on Using the Internet to Build and Protect Your Investments: Featuring Option Trading Basics

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AuthorHouse, Oct 1, 2003 - Reference - 104 pages
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If you have a 401k, 403b, 457, or IRA you need at least to understand the basics of investing. This book is for those who don't have a clue about investing or the use of the Internet. The advent of the Internet has made investing less confusing. It will help you get the full potential of your investing dollars. One of the common factors relating to investing horror stories is that they left everything to the so called professional. style= mso-spacerun: yes >Ignorance isn't bliss especially when you lose your entire retirement savings, because you were ignorant of your rights and choices. Do you know what investments are in the average mutual fund? Stocks. yes >Do you know how many? 100 or more. How does a mutual fund make money? Is there a time to sell? style= mso-spacerun: yes >Or do I have to take the loss? style= mso-spacerun: yes >How can I know when to sell?

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About the author (2003)

Like most Americans Richard was oblivious to how a 401k operated. One day he spoke to a financial advisor. He was shocked to discover that the money that he saved in his 401k was all he would have to live from.

Shortly after the same financial advisor quit their job to become a Daytrader. She began to show him a better way to invest. After seeing 200% increase in a investment in 31 days he began research how the stock market worked. In doing so he discovered that the Internet gave him education, research and control over his stock choices. Gleaning information from many resources he has developed a simple understandable guide to help the less than average investor stop losing their investments.

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