Investing for Non-Finance People: Essentials to Start Managing Your Own Investments - Softcover

Toivanen, Tero

Softcover

ISBN 10: 1986017648 ISBN 13: 9781986017640

Publisher: CreateSpace Independent Publishing Platform, 2018

Synopsis

Investing can help you reach important goals in life such as having comfortable retirement, financing your children’s education, reaching financial independence or just retaining the purchasing power of your savings. Therefore, investing is a skill that also people not working in finance industry should learn to master.

Investing for Non-Finance People describes the basic investing principles in a straightforward way so you are able to use them regardless of your background. In addition to the general principles, the book also goes into details about how to invest—and what to invest in. You will learn that investing does not need to be complicated and it does not require a lot of time and effort. The end result is that you should be able to start successfully investing right away.

The book analyzes investment categories ranging from traditional investments such as equities (stocks), fixed-income (bonds) and real estate (including vacation properties) to more exotic investments such as hedge funds and private equity. Based on his own real-life experiences as an investor, the author gives you valuable insights on how to invest in these asset classes and what are the important factors to consider when taking investment decisions.

The book also takes a detailed look at some of the newer innovations in finance, such as different types of crowdfunding investments. When used selectively, these can improve the returns and diversification of your investments.

The book also analyzes multiple ways to combine individual investments into investment portfolios. Multiple ways to create portfolios are analyzed and several examples are provided, made with Adaquant Asset Allocation Suite software. From these examples it becomes obvious that the present investing environment is very challenging. All-time low interest rate environment globally means that the expected returns from investing are historically low. Therefore, a patient and conservative attitude is required from beginning investors.

The investment principles described in this book can be applied globally. However, depending on your home country, the exact implementation of the investments may vary. The book explains in detail how investors can carry out investments in the following five countries: the United States, Finland, Germany, the United Kingdom, and Switzerland.

About this title

About the Author

Tero Toivanen is a financial industry professional working as the Chief Investment Officer in a mid-sized asset management company in Switzerland. He holds an MSc in Computer Science from Helsinki University of Technology and an MBA from Purdue University. He is also a Chartered Financial Analyst (CFA) and individual investor with 20+ years of experience.

Edition details

• Publisher: CreateSpace Independent Publishing Platform
• Publication date: 2018
• ISBN 10: 1986017648
• ISBN 13: 9781986017640
• Binding: Paperback
• Language: English
• Number of pages: 292