Publisher's Synopsis
Do you know what happens when the inflation rate is more than the interest you earn on your savings? YOU LOSE MONEY.
Currently, the top rate you can earn from a nationally available savings account in the U.S. is 0.50%. On the one hand, this means that saving $10,000 will leave you with $10,511 after ten years-a mere 5% increase. On the other hand, with the inflation rate at 6.2%, this means that you are losing 5.7% of your money every year in real terms.
Inflation hurts savers because it erodes the purchasing power of the money they save. So, if your goal is to increase your wealth, you need to pay attention to investments that can help you beat inflation. And such investments are plentiful in the stock market. For example, the S&P 500 has delivered an annualized 10.7% growth rate for the last 30 years. This means that investing $10,000 in a fund that tracks the S&P 500 will leave you with $27,636 after ten years-a whopping 176% increase.
As you can see, unlike what most people believe, participating in the stock market is one of the best ways to grow your wealth and beat inflation. But to do so successfully, you need to educate yourself on how the stock market works.
In this book, Alex Smith takes the reader on an enlightening nine-chapter journey that expands on the following:
- Chapter 1: The History of the U.S. Stock Market
- Chapter 2: How the Stock Market Works
- Chapter 3: Understanding Indexes
- Chapter 4: Understanding Stocks and Stockbrokers
- Chapter 5: Understanding Funds
- Chapter 6: Trading vs Investing
- Chapter 7: The Modern World of Trading
- Chapter 8: The Modern World of Investing
- Chapter 9: Things You Need to Understand Before You Start Trading or Investing
This nine-chapter journey is designed to transform any stock market amateur into a semi-professional in no time.
As a seasoned investor and trader, Alex deftly explains the fundamentals of what anyone needs to know to successfully participate as an investor or trader in the stock market.
The question now is: Do you want to keep losing money, or would you like to learn how to grow your wealth?
This is the book to read if you answered "no" and "yes" to the preceding questions.
Are you still keeping all your money in the bank because you have no idea where else to put it?
Do you feel like investing would be too stressful or complicated for you, so you don't even give it a chance?
Are you thinking of trying out the stock market but are afraid of losing all your money?
Investing in the stock market does indeed come with risks, and there are plenty who have lost their savings trying to game the market.
This beginner's guide to the stock market will break down complex topics into simple terms so you won't get overwhelmed.
It will ease you into taking your first steps in the stock market with relevant information, useful tips, and valuable insights.
It's normal to feel lost and unsure as you start your trading and investing journey. That's why this guide was created - to help you build confidence as you learn more about it. The more you educate yourself, do your research, and gain experience, the better you'll be able to navigate this exciting and lucrative world of stocks. Stop letting your doubts and fears keep you from making the most of the opportunities in the stock market.
Get into the stock market today and start enjoying the benefits sooner.
