The Informed Investor: A Hype-Free Guide to Constructing a Sound Financial Portfolio

Better investment decisions lead to more predictable returns, lower risk, and lower taxes. And they yield the best possible opportunity to meet your financial goals. But without the benefit of solid portfolio tactics, investors become irrational, chasing after rainbows that promise high returns with a minimum of risk, and selling off stocks in a panic when the market is down. What amateur investors need is an easy-to-understand explanation of how the market works, so that they can ignore superstition, stop believing in "performance fairies," and escape the atmosphere of uncertainty that often dominates the world of investment. The Informed Investor provides you with practical advice to help you make better investment decisions without becoming confused by the sea of data on television and the Internet. Featuring uncomplicated charts, graphs, and clear instructions for using them, the book gives you every conceivable tool for understanding markets and stocks, analyzing trends, timing your moves, and targeting realistic goals. Book jacket.