Understanding Stocks

Rating:
Summary: A Great Book for Beginners
Review: An well-written and easy to understand book that explains the basics of the stock market. I got this book to learn how to buy stocks online for my IRA. The author gives concise definitions of stock market terms and explains how to read different stock charts, a process I found fascinating. It's also full of caveats about the market, which I think is responsible advice on the part of the author. It's already paid off for me. I now can read the charts and check the volume and moving averages of stocks before I buy (or not buy) them. I've even made a little bit of money. Experienced investors might find this book too basic, but it's great for people just starting out.

Rating:
Summary: Great book
Review: Easy to read and understandable book - finished it in one night. Although I'm still not sure I'm going to invest in the market, if I change my mind, I have a good idea what to do. Recommended!

Rating:
Summary: Understanding Stocks
Review: Good book, enjoyed reading it. One chapter on technical analysis was a little confusing but the rest of the book gave me a good overview of the market.

Rating:
Summary: Great book
Review: Great book! Our teacher bought several copies of Understanding Stocks for our economics class. It really helped me understand the stock market. I've reread it two times....Jenny

Rating:
Summary: Well written, easy reading book on the Stock Market.
Review: This book is a great book for beginning investors. Nearly every book I've read on the subject has been dry and boring, and I'd tend to retain little knowledge as I trudged my way through. Michael Sincere does an amazing job of covering a large amount of information in a format that's easy to read and understand.

Most books on stocks I've read are heavily biased towards fundamental or technical analysis, and do very little to explain both. This book covers both fundamental and technical analysis, and gives the pros and cons of each, suggesting that using both is best, and leaves it to the reader to decide what's best for them.

This book also does a very good job of pointing out the benefits of contrarian strategies, and defining the major pitfalls most beginning investors face, and how to overcome them to become a successful investor. Even though the book goes into advanced strategies, the author quite responsibly points out that they should be left to successful investors, but gives enough insight to allow for understanding, and even commonly suggests other readings for further study.

This is THE book to read for a beginning investor interested in the stock market, especially if other books have been too tedious or boring.