How Wall Street Works
by; David L. Scott
With as little as $100, you can begin investing today-but first someone has to show you where to begin. How Wall Street Works, Second Edition, will tell you everything you need to know-and give you more street smarts than 90% of today's expert investors! This concise and to-the-point book explains:
What a stock, bond, or mutual fund really is-and which is right for you!
How you can find the right broker and open your own account.
Which accounts offer the painless pathway to a rich, satisfying retirement.
Hot new topics, including electronic trading, international trading, and derivatives.
Get How Wall Street Works, Second Edition, today-and join millions of Americans on the satisfying and surprisingly easy-to-travel Wall Street path to long-term comfort and financial security!
About the Author
David L. Scott, Ph.D., is professor of accounting and finance at Valdosta State University. Dr. Scott has written more than 25 books, including Wall Street Words, The Guide to Investing in Mutual Funds, and Municipal Bonds: The Basics and Beyond. He has appeared on The Today Show and CNBC, as well as on numerous radio investment programs.
Table of Contents
Chapter 1: What and Where Is Wall Street? 1
Chapter 2: What Is Stock? 15
Chapter 3: What Are Bonds? 38
Chapter 4: How Are Securities Traded on Wall Street? 67
Chapter 5: How Do Stock Exchanges Function? 88
Chapter 6: How Does the Over-the-Counter Market Work? 108
Chapter 7: What Financial Investments Other Than Stocks and Bonds Are Available on Wall Street? 122
Chapter 8: How Do I Locate a Good Broker and Open an Account? 143
Chapter 9: How Do I Interpret Financial Information? 167
Chapter 10: How Are Securities Valued? 193
Chapter 11: Should I Invest in a Mutual Fund? 211
Chapter 12: How Are Wall Street Investments Taxed? 239
Chapter 13: What Are the Risks of Investing in Wall Street? 261
Glossary 284
Index 295

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