The Small Investor: A Beginner's Guide to Stocks, Bonds, and Mutual Funds

With simple, easy-to-read and authoritative advice for anyone who has a little extra money, The Small Investor gives ordinary folks everything they need to know about choosing stocks, bonds, and mutual funds. These useful, hands-on hints may not make you a millionaire overnight, but they will keep you from falling for common errors, rip-offs, and market pitfalls. Illustrations.

Registered investment adviser Gard shares here his enthusiasm for and knowledge of personal investing. He writes clearly and aims for first-time investors, those with upwards of $5000 to invest who have read about the stock market and its possibilities but are intimidated for various reasons. For those unwilling or not yet ready to do the research and make decisions, he explains the concept and use of mutual funds. He also includes a chapter on bonds, but his real love is stock investing. Those contemplating buying individual stocks are rightly warned that there is no easy way to wealth and no guarantees, and that "it is possible for everyone to win, but not everyone will win." Each chapter concludes with a recommended further reading list of about five solid, recent, or classic works. Although it lacks any tax discussions, Gard's user-friendly (and cheap) book should be in public libraries.?Alexander Wenner, Indiana Univ. Libs., Bloomington
Copyright 1996 Reed Business Information, Inc.