Publisher's Synopsis
The book inspires the reader to build wealth for normal needs in young life such as the children's education, the purchase of items like cars, homes and appliances, emergencies etc. and the comfortable living in retirement. The reader is not expected to have prior knowledge of investing in order to follow the book.
The highlights of the topics covered in the book are:
- Concept of stocks and stock market, financial reports, analysis of stocks using brokerage websites followed by practical examples
- Discussion of industries to consider in the selection of stocks
- Mutual fund selection and analysis for investment
- Exchange traded funds selection and analysis
- Bonds, selection and analysis
- Portfolio development, asset allocation, tax considerations and rebalancing considerations
- Evaluation of market levels and strategies for bear market
The author Shyam Bahadur earned Ph.D. in Mechanical Engineering from the University of Michigan, Ann Arbor, USA. He was the Professor in Mechanical Engineering at Iowa State University, Ames for about forty years. In recognition of his excellence in the profession, he awarded the distinction of University Professor. He was also recognized as the Fellow of ASME and ASTM Professional Societies. This book is an offshoot of his extensive knowledge and practical experience in investing.
