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    Summary of Mike Piper's Investing Made Simple
    Summary of Mike Piper's Investing Made Simple
    Summary of Mike Piper's Investing Made Simple
    Ebook20 pages8 minutes

    Summary of Mike Piper's Investing Made Simple

    By IRB Media

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    Please note: This is a companion version & not the original book.

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    #1 Index funds are a type of mutual fund that mimic the performance of a specific index. They are designed to simply reflect the value of a group of investments. There are indexes that track just about everything, and more are being created every year.

    #2 Stocks, bonds, and mutual funds are all forms of investing. Stocks represent shares of ownership in a company. Bond investors seek to make money through the receipt of interest payments made by the borrower.

    #3 A traditional IRA is an investment account with some additional benefits and restrictions. When you contribute money to a traditional IRA, you usually get a tax deduction for the amount of the contribution.

    #4 There are restrictions on both the deduction you get for investing in your IRA and on your ability to withdraw money from your IRA. Any withdrawals before age 59½ will be subject to an extra 10 percent tax.

    LanguageEnglish
    PublisherIRB Media
    Release dateMar 28, 2022
    ISBN9781669373315
    Summary of Mike Piper's Investing Made Simple
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

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      Book preview

      Summary of Mike Piper's Investing Made Simple - IRB Media

      Insights on Mike Piper's Investing Made Simple

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 1

      #1

      Index funds are a type of mutual fund that mimic the performance of a specific index. They are designed to simply reflect the value of a group of investments. There are indexes that track just about everything, and more are being created every year.

      #2

      Stocks, bonds, and mutual funds are all forms of investing. Stocks represent shares of ownership in a company. Bond investors seek to make money through the receipt of interest payments made by the borrower.

      #3

      A traditional IRA is an investment account with some additional benefits and restrictions. When you contribute money to a traditional IRA, you usually get a tax deduction

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