Getting Started in Investment Analysis
A Straightforward And Accessible Guide To The Discipline Of Investment AnalysisGetting Started in Investment AnalysisWhen buying a new car, computer, or even a flat screen TV, many of us take the time to research what we're getting into before we make the commitment. But when it comes to investing, people often give their money to a mutual fund or money manager with little review—or buy stocks with no idea of their real worth. This is definitely not a recipe for success.To achieve the results you want, you need to "kick the tires" of potential investment options, rather than blindly follow an "expert's" advice. And with a firm understanding of investment analysis, you can make informed decisions that will allow you to capture more consistent investment returns and boost your portfolio's bottom line.Assuming no formal knowledge of statistics or in-depth training in quantitative analysis,Getting Started in Investment Analysiswill help you make better overall judgments on the data related to your investments without doing complicated statistical analysis. And where analysis is necessary, the process is described in a straightforward style that any investor can understand.Filled with in-depth insights and practical advice,Getting Started in Investment Analysiswill:Show you how to critically judge the quality of stock or investment data, and then separate the good data from the badHelp you glean insights from valid investment data by using graphs and looking for correlationsClarify the complexities related to retirement investingAssist anyone wishing to perform simple quantitative data analysisFor those looking to go a step further in their investment endeavors,Getting Started in Investment Analysisshows you how to perform a more detailed statistical analysis using Microsoft Excel and high school–level math skills. And while this book is useful even without doing the data analysis discussed—because many of the concerns on investing are not quantitative—using data analysis makes the process of picking investments far more robust and takes emotions out of the equation.