Textbook Summary - 'Stock Market Investing'
Was relieved to see this book cover some of the same things had found myself on the internet - and in kind of the same order too even ...
- While stocks seem a bit risky/scary, they provide the best return over time
- A return is any amount the stock grows in price over time, plus dividends
- 'The Market' - is a group of 30 big companies, like McD's, and Coke
- Money's made from finding stocks that grow over time and/or are selling cheap
Then in
Chapter 2, author spends a gigantic amount of time looking at big investors, and their approaches - looks like there's Warren Buffett, and then there's others too ... Benjamin Graham, Phlip Fisher, Peter Lynch, William O'Neil, Bill Miller?
Chapter 4 takes a closer look at trying to find stocks that will provide good returns, and also tries to look for signs of impending downswings.
And
Chapter 6 talks about (online) research materials (and what to look for?)
New Stuff
The two things that are new are:
- Looking at all those statistics, like P/E ratio
- And how to set up an organized worksheet, to keep on top of things
What's interesting, is that the author starts looking at the statistics by *page 20*, in the middle of Chapter 1. While this thread is already practically on page 20 from cat photos, but have yet to take a closer look at the P/E ratio
Guess the statistics are important, because there's been times like during the internet boom, when the graphs of share prices went through the roof for companies that had yet to show any profit? So maybe the stats are the more reliable way to measure how a company's doing?
Have been dragging my heels with the stats - but guess they're important, so will try to look at them tomorrow in the book
Once that's done, can start posting the library of research reports (from Zacks), and practice taking a closer look at the stocks to give the stuff from the book a try
Surprised to still be up - guess the cold medication helped with the congestion ... forgot Trump was in Home Alone 2
Guess that's enough for today
Last edited by TrustySam; 08-28-2017 at 10:48 PM.