Wednesday, October 5, 2016
Belcher, The Beginner’s Handbook for Stock & Bond Investing
Then there are the DIYers. And those who, though they may opt to hire a professional, at the very least want to understand what he’s doing.
Everybody has to start somewhere. The Beginner’s Handbook for Stock & Bond Investing by John G. Belcher, J., is a short, ridiculously inexpensive introduction. And it’s surprisingly thorough. It covers stock pricing and valuation, bond pricing, stock and bond categories, mutual funds and ETFs, and sound investment practices.
If you’re trying to convince your teenager to become an investor, this is probably not the best place to start. The book doesn’t have a hook. But for the person who has some interest in investing but knows next to nothing about it, this is a fine primer. It would also be useful to someone who knows a little bit about stocks but for whom bonds are a black hole. Actionable knowledge for the price of a donut.