Turn Your Dime into Dollars

By JOHN E. DAILEY

Turn Your Dime Into Dollars takes the language of "brokerese" and breaks it up into plain language that newer (and not so new) investors can easily understand. What results is a straight forward step-by-step explanation the investment process. With this knowledge of investing each reader can determine what type of investor they are, which is so important to achieving the right personal balance between risks and rewards. Turn Your Dime Into Dollars is written in a no nonsense style to both inform and entertain.

• Language: English
• Publisher: Trafford Publishing
• Release date: Feb 18, 2003
• ISBN: 9781412252966

JOHN E. DAILEY

The author has spent over 30 years in various businesses, management consulting and personnel service industries. He currently owns his own companies. Like many people he has been involved in the the stock market for retirement and investment growth over the years and has shared in the successes and failures of different investments. Through studying the various brokers and markets he has learned some truths about investing and has put them to print to share with you.

Book preview

TURN YOUR 

DIME 

INTO DOLLARS

BY

JOHN E. DAILEY

©

Copyright 2003 John E. Dailey. All rights reserved.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the written prior permission of the author.

National Library of Canada Cataloguing in Publication

Dailey, John E.

       Turn your dime into dollars / John E. Dailey.

ISBN 1-55395-681-8

ISBN 978-1-4122-5296-6 (ebook)

       I. Title.

HG4527.D34 2003   332.678׳   C2 003-90 04 43-0

TRAFFORD

This book was published on-demand in cooperation with Trafford Publishing. On-demand publishing is a unique process and service of making a book available for retail sale to the public taking advantage of on-demand manufacturing and Internet marketing. On-demand publishing includes promotions, retail sales, manufacturing, order fulfilment, accounting and collecting royalties on behalf of the author.

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Trafford Catalogue #03-0044    www.trafford.com/robots/03-0044.html

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CONTENTS

ACKNOWLEDGEMENTS

INTRODUCTION

PURPOSE OF INVESTING

HOW MONEY IS MADE IN THE MARKET

TYPES OF INVESTMENT INSTRUMENTS

DEFINITIONS

INVESTING PROCESS

TYPES OF INVESTORS

SETTING OBJECTIVES

STOCK ASSESSMENT TOOLS

INVESTMENT EXAMPLE

DEVELOPING THE PLAN

MUTUAL FUNDS

BONDS

WHAT DO THE NUMBERS MEAN?

REWARDS AND RISKS

DOES IT WORK?

SOME RULES OF THUMB

REFERENCE PAGE

SAMPLE WATCH LIST

PORTFOLIO MIX EXAMPLE

ACKNOWLEDGEMENTS

Others always contribute to your lot in life and this is no exception. There are a few associated with this endeavor. To Steve Kus, thanks for the ideas and translations. To some great readers that said, " Heck I can understand this.״ Mission accomplished. To Jane, thanks for the edit and encouragement to get this off the runway. To Mike Etue and Judy Henson for their work and talent on the cover and pictures.

INTRODUCTION

If you think the stock market, or investing in general scares you, join the crowd. Not all of us understand the market, even some of the experts.״ For the most part we, the general investor, are not in a position to understand or see the cycles and fluctuations of the economy, nor do we see the impacts of these events on the market until after the fact. Investing is an individual activity based on what you want to accomplish. You will only get out of it what you put into it. In some instances we do not understand why one person, broker or the neighbors dog invests, or what makes a good investment.״ As in all things everyone has their specific opinion on the same stock. One says it’s a good stock, and one says it’s a bad stock. Who are we to believe?

With some practice and research and understanding the terms of the business, we can trust ourselves. We can know what others are talking