During the financial crisis of 2008, things got scary. Large Wall Street firms were going under, stock prices were plummeting, and layoffs and unemployment rates were soaring. And, all this was happening in the midst of the 2008 presidential election. Talk of another Great Depression was in the air. In fact, polls showed a majority of Americans feared another depression was actually happening. Housing prices were dropping sharply in most communities, and more and more properties were ending up in foreclosure.
Investing didn’t seem so fun anymore. However, despite the fact that the downturn was the worst in decades, it had similarities to prior downturns, and those who kept their perspective and their cash ready were able to invest at attractive prices.
Proven investing advice from Eric Tyson
Investing For Dummies arms novice investors with Eric Tyson's time-tested advice along with updates to his investing recommendations and strategies that reflect changing market conditions. You'll get coverage of all aspects of investing, including how to develop and manage a portfolio; invest in stocks, bonds, mutual funds, and real estate; open a small business; and understand the critical tax implications of your investing decisions.
This new and updated edition of Investing For Dummies provides a slow-and-steady-wins-the-race message and helps you overcome the fear and anxiety associated with recent economic events, no matter where you are in life — from men and women who are beginning to develop an investing plan or want to strengthen their existing investment portfolios, employees making decisions regarding investing in their company's 401(k) plans or who need to roll them over when changing jobs, young adults who want to begin saving and investing as they land their first jobs, and baby-boomers seeking to shore up their nest eggs prior to retirement.
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Covers all aspects of investing, including how to develop and manage a portfolio
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Expanded and updated coverage on investing resources, retirement planning, tax laws, investment options, and real estate
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Time-tested advice and strategies from Eric Tyson, a nationally recognized personal finance counselor and bestselling author
If you're looking to get sound guidance and trusted investment strategies, Investing For Dummies sets you up to take control of your investment options.