Is it sereously possible to make money by reading "investing for dummies"?
Comments
thats like asking if it is possible to make money becuase you went to school
I’m sure that, seriously, it is possible to make money by reading from investment books. However, I would question how significant your returns would be and if they would be a reasonable profit considering the time spent reading the book.
My suggestion is to read a book like this, take your time, take in what it says and just see what happens. Don’t have a figure in mind to aim for, just try out the methods the book explains, and see what happens to your investment.
Investing money for large profits is an incredibly hard to develop skill, as well as requiring luck on your side on the odd occasion; and so I doubt that a book like this is going to make you huge profits.
It’s a great start. Basic investing (for retirement / long term) is much easier than the "experts" would like you to know. Reading a few good books (over time) , learning about "asset allocation" & mutual funds is the basic key. It’s simply not that hard.
You could read "Investing For Dummies" and save 10′s of thousands of dollars over a lifetime (in commisions & fees).
If you’re looking for more immediate growth, Investing For Dummies would be the first book of a lifetime of reading on investing/trading. I read about 8 trading books a year. But I’m different… I trade about 500+ times a year.
September 1st, 2010 at 4:00 am
No BUT it helps those that know nothing about investing by giving a good insite into the investment business.
Any knowledge that one receives about investing can only make them a better investor.
So you may not make money investing, but it will help you gain some well needed knowledge for investing.