Call Number
Material Type
Elmira - Steele Memorial Library 1 332.678 TUC Adult NonFiction Book

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Buy Low. Sell High. Build a Nest Egg. Live a Prosperous Life.

Appreciation, dividends, interest, and inflation all affect the value of investments. The concepts of compounding, portfolios, and diversification should influence investment strategies. Whether you are a novice or budding expert, there is much to consider and know when investing: stocks, bonds, mutual funds, real estate, retirement planning, college, and tax strategies, just for starters. It can be difficult and confusing.

The Handy Investing Answer Book explains the basics of investing, and it explores a variety of investments and their differences, offering tips for avoiding poor returns and unnecessary risk. Most important, it gives valuable information on how to prevent banks, mutual fund managers, and financial advisers from getting rich at your expense. This handy primer provides 1,400 easy-to-understand answers to questions range from the simple to the complex, such as:

* Why is dollar cost averaging a beneficial strategy for investing?
* What are some of the steps to establishing the right goals for investing?
* What is a market index?
* What is a home equity loan?
* What types of risks could we see if we own individual stocks?
* When did mutual funds start?
* What is laddering?

Author Notes

Paul A. Tucci is a researcher and author of The Handy Geography Answer Book (2008), The Handy Personal Finance Answer Book (2011), and numerous articles regarding the information industry. He has guest lectured in management, marketing, and business strategy at various universities, including New York University, Northwestern University, INSEAD, University of Michigan, and Oakland University. An amateur investor for over 30 years, and a former global information and publishing manager, he is also a business owner and partner of an innovative IT services and software development firm, consultant to and investorin small private equity funded businesses, and member of the board of directors of the Rislov Foundation, a charitable foundation dedicated to providing funding for classical music education. He resides in Birmingham, Michigan.

Reviews 1

Library Journal Review

Tucci (former global information and publishing manager; The Handy Personal Finance Answer Book) uses a question-and-answer format to introduce investing for individuals. He poses and supplies the result for queries such as: What is market risk? What is a mutual fund? What is private equity? His answers range from a single sentence to several paragraphs. Rudimentary questions are grouped together, allowing the author to thoroughly flesh out each topic; he employs seven questions and answers over the length of a page and a half to explore the concept of a stock's beta, for example. This arrangement permits readers to either skip answers or read more deeply. Tucci covers a broad range of basic and not-so-basic investing and personal finance topics including saving, debt, investment choices, taxes, investor psychology, and risk. He also incorporates a brief course in economics and provides references for further research. VERDICT The title's question-and-answer format may be off putting to some readers, but because of Tucci's clever handling of it, neophyte and even more sophisticated investors will find this work a clear and expansive introduction.-Lawrence Maxted, Gannon Univ. Lib., Erie, PA (c) Copyright 2014. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

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