Thursday, November 17, 2016

Book "The Illiterate Investor"


The Illiterate Investor is highly recommended; especially for those who know nearly nothing, but who seek an especially accessible method for absorbing the basics of how to begin; but also for people who lost money or tried before, and want to get back into trading.

                               –D. Donovan, Senior Reviewer, Midwest Book Review


There are many, many 'how to invest' books on the market today, directed to varying degrees of reader financial expertise; but how many are written with the bare-bones "illiterate investor" in mind? Only one.

When author Rene Pineda lost his job and couldn't replace it, he decided to investigate the lucrative world of investing in the stock market. Like so many others, he lacked any experience in the process; but, unlike many others, he then embarked on a learning process that clarified the many puzzling terms, ideas, and investment strategies of the stock market.

His studies revealed hidden fees, expensive broker arrangements with other "illiterate investors", and also uncovered the path revealed here: one involving becoming an independent, self-managing stock market investor through understanding strategy choices, comfort zones, overall market and individual stock trends, activities and indicators, and more.

This process is clearly explained in a chatty presentation that juxtaposes admonitions and warnings with clear approaches novices can take when entering the stock market for the first time.

Quotes from financial advisors, websites and articles, clear definitions and discussions of topics such as charting and how to identify trends, and explanations that include cautionary points both clarify the entire stock market investment process and forge a guiding path for complete novices who might otherwise place their hard-earned monies in the hands of expensive or unscrupulous brokers.

The result is clear, winning learning processes that provides the foundation for encouraging would-be investors to get their feet wet in the stock market and then develop a learning process and overall strategy that, like the author experienced, leads to financial success and well-reasoned investment choices.

The Illiterate Investor is highly recommended; especially for those who know nearly nothing, but who seek an especially accessible method for absorbing the basics of how to begin.


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