{"product_id":"getting-started-in-shares-for-dummies-isbn-9780730385417","title":"Getting Started in Shares For Dummies","description":"\u003cp\u003e\u003cb\u003eLearn to invest in some of the most powerful financial instruments available today - written specifically for Australian investors! \u003cbr\u003e\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eGetting Started in Shares For Dummies, 4th Australian Edition\u003c\/i\u003e is an essential resource for anyone who’s ever wondered whether they were missing out by not investing in shares. Written by celebrated Australian personal finance author and consultant James Dunn, this book takes a no-nonsense approach to share investment. It shows readers what to do, how to do it, and what to never, ever do.  \u003c\/p\u003e \u003cp\u003eFree of confusing jargon and industry buzzwords, \u003ci\u003eGetting Started in Shares For Dummies\u003c\/i\u003e offers essential and straightforward guidance on: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow the market works \u003c\/li\u003e \u003cli\u003eHow a stock exchange like the Australian Securities Exchange (ASX) operates \u003c\/li\u003e \u003cli\u003eHow to assess potential share investments \u003c\/li\u003e \u003cli\u003eWhat brokers really do \u003c\/li\u003e \u003cli\u003eHow to minimize risk and maximize upside potential \u003c\/li\u003e \u003cli\u003eThe tax implications of share investing \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThe author provides practical advice and concrete strategies designed to help readers get started investing in shares. He also includes lessons gleaned from ten legendary investors and how they apply to everyday people. \u003c\/p\u003e \u003cp\u003e\u003ci\u003eGetting Started in Shares For Dummies\u003c\/i\u003e is perfect for anyone who doesn’t want to miss yet another opportunity to invest in shares and for more seasoned investors who want to brush up on the basics before engaging a new broker.  \u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAbout This Book 2\u003c\/p\u003e \u003cp\u003eFoolish Assumptions 4\u003c\/p\u003e \u003cp\u003eIcons Used in This Book 4\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 5\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: Putting The Share In Sharemarket 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: So, You Want to Invest in Shares\u003c\/b\u003e\u003cb\u003e 9\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eInvesting Is All about Timing 9\u003c\/p\u003e \u003cp\u003eFinding Out What a Share Is 14\u003c\/p\u003e \u003cp\u003eSharing the profit, not the loss 15\u003c\/p\u003e \u003cp\u003eUnderstanding the market in sharemarket 16\u003c\/p\u003e \u003cp\u003eBuying Shares to Get a Return 17\u003c\/p\u003e \u003cp\u003eEarning a profit 17\u003c\/p\u003e \u003cp\u003eInvesting carefully to avoid a loss 18\u003c\/p\u003e \u003cp\u003eMaking the Most of Share Investing 18\u003c\/p\u003e \u003cp\u003eCapital growth 19\u003c\/p\u003e \u003cp\u003eDividend income 19\u003c\/p\u003e \u003cp\u003eShareholder discounts 19\u003c\/p\u003e \u003cp\u003eLiquidity 20\u003c\/p\u003e \u003cp\u003eDivisibility 20\u003c\/p\u003e \u003cp\u003eGuarding Against Risk 20\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Watching the market operate\u003c\/b\u003e\u003cb\u003e 29\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFloating: The Primary Market 29\u003c\/p\u003e \u003cp\u003eUnderstanding why companies float 30\u003c\/p\u003e \u003cp\u003eRaising money 33\u003c\/p\u003e \u003cp\u003ePlanning the Prospectus 34\u003c\/p\u003e \u003cp\u003eTrading: The Secondary Market 35\u003c\/p\u003e \u003cp\u003eFinding the market action at ASX Trade 35\u003c\/p\u003e \u003cp\u003eBuying and selling for everyone 37\u003c\/p\u003e \u003cp\u003eWorking with a go-between 38\u003c\/p\u003e \u003cp\u003eUsing the Index 38\u003c\/p\u003e \u003cp\u003eThe All Ordinaries index 40\u003c\/p\u003e \u003cp\u003eThe S\u0026amp;P\/ASX 200 index 40\u003c\/p\u003e \u003cp\u003eThe Dow Jones 40\u003c\/p\u003e \u003cp\u003eThe Nasdaq 41\u003c\/p\u003e \u003cp\u003eThe S\u0026amp;P 42\u003c\/p\u003e \u003cp\u003eThe Footsie and the rest 42\u003c\/p\u003e \u003cp\u003eThe mighty MSCI 42\u003c\/p\u003e \u003cp\u003eStepping into the Futures Market 43\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: Investing Strategies For Success 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Developing an Investment Strategy\u003c\/b\u003e\u003cb\u003e 47\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Rich Slowly 48\u003c\/p\u003e \u003cp\u003eGiving yourself time in the market 48\u003c\/p\u003e \u003cp\u003eCompounding magic 50\u003c\/p\u003e \u003cp\u003eStarting with Strategy 51\u003c\/p\u003e \u003cp\u003eSpreading the risk 51\u003c\/p\u003e \u003cp\u003eSetting your goals 53\u003c\/p\u003e \u003cp\u003eSetting your time frame 53\u003c\/p\u003e \u003cp\u003eSetting your risk tolerance 53\u003c\/p\u003e \u003cp\u003eSetting your financial needs 54\u003c\/p\u003e \u003cp\u003eBuying and Holding 54\u003c\/p\u003e \u003cp\u003eTiming your strategies 57\u003c\/p\u003e \u003cp\u003eTrading on your portfolio 57\u003c\/p\u003e \u003cp\u003eTiming for the long run 58\u003c\/p\u003e \u003cp\u003eWorking Out Why Share Prices Change 65\u003c\/p\u003e \u003cp\u003eInfluences on the price of a share 66\u003c\/p\u003e \u003cp\u003ePricing and liquidity 67\u003c\/p\u003e \u003cp\u003eEarnings, earnings, earnings 68\u003c\/p\u003e \u003cp\u003eThe pull of the P\/E 70\u003c\/p\u003e \u003cp\u003eThe tyranny of expectations 71\u003c\/p\u003e \u003cp\u003eWatch out for announcements 72\u003c\/p\u003e \u003cp\u003eProfits, expectations and ‘confession season’ 73\u003c\/p\u003e \u003cp\u003eBoosting power of takeover bids 76\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Assessing Your Risk \u003c\/b\u003e\u003cb\u003e81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGambling or Investing? 82\u003c\/p\u003e \u003cp\u003eThe bad news: Risk is inescapable 85\u003c\/p\u003e \u003cp\u003eThe good news: Risk is manageable 85\u003c\/p\u003e \u003cp\u003eSpreading the news: Risk increases your return 87\u003c\/p\u003e \u003cp\u003eAssessing Your Risk 87\u003c\/p\u003e \u003cp\u003eMarket risk 88\u003c\/p\u003e \u003cp\u003eFinancial risk 89\u003c\/p\u003e \u003cp\u003eCommodity risk 93\u003c\/p\u003e \u003cp\u003eLiquidity risk 94\u003c\/p\u003e \u003cp\u003eBusiness risk 94\u003c\/p\u003e \u003cp\u003eProduct risk 96\u003c\/p\u003e \u003cp\u003eLegislative risk 98\u003c\/p\u003e \u003cp\u003eTechnical risk 100\u003c\/p\u003e \u003cp\u003eEngineering risk 101\u003c\/p\u003e \u003cp\u003eProject risk 101\u003c\/p\u003e \u003cp\u003eValuation risk 103\u003c\/p\u003e \u003cp\u003ePolitical risk 104\u003c\/p\u003e \u003cp\u003eExpansion risk 106\u003c\/p\u003e \u003cp\u003eCurrency risk 108\u003c\/p\u003e \u003cp\u003eSpecific risk 109\u003c\/p\u003e \u003cp\u003eSector risk 110\u003c\/p\u003e \u003cp\u003eFraud risk 111\u003c\/p\u003e \u003cp\u003eAgency risk 112\u003c\/p\u003e \u003cp\u003eNon-financial risk 113\u003c\/p\u003e \u003cp\u003eInformation risk 118\u003c\/p\u003e \u003cp\u003eAvoiding the Turkeys 118\u003c\/p\u003e \u003cp\u003eUsing technical analysis 118\u003c\/p\u003e \u003cp\u003eWatching cash flow119\u003c\/p\u003e \u003cp\u003eCharting dividend changes 119\u003c\/p\u003e \u003cp\u003eGauging who’s selling — or buying 119\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Eggs and Baskets\u003c\/b\u003e\u003cb\u003e 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSpreading the Risk 124\u003c\/p\u003e \u003cp\u003eBuilding a Portfolio 130\u003c\/p\u003e \u003cp\u003eBuying growth stocks 130\u003c\/p\u003e \u003cp\u003eFinding value stocks 135\u003c\/p\u003e \u003cp\u003eKnowing How Many Stocks to Buy 138\u003c\/p\u003e \u003cp\u003ePicking your sectors 138\u003c\/p\u003e \u003cp\u003eChoosing core stocks 140\u003c\/p\u003e \u003cp\u003eEvaluating second-liners 144\u003c\/p\u003e \u003cp\u003eGambling on specs 146\u003c\/p\u003e \u003cp\u003eDiversifying through Managed Funds 146\u003c\/p\u003e \u003cp\u003eInvesting outside Australia 152\u003c\/p\u003e \u003cp\u003eConsidering Alternative Investments 158\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 3: Buying, Buying, Sold 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Buying and Selling Shares \u003c\/b\u003e\u003cb\u003e163\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinding the Market164\u003c\/p\u003e \u003cp\u003eSetting the pace — how the ASX trades 165\u003c\/p\u003e \u003cp\u003eGetting order depth 167\u003c\/p\u003e \u003cp\u003eGetting trade history 167\u003c\/p\u003e \u003cp\u003ePaying your way 168\u003c\/p\u003e \u003cp\u003eMaking a Trade 168\u003c\/p\u003e \u003cp\u003ePlacing an order 169\u003c\/p\u003e \u003cp\u003eUtilising market depth information 171\u003c\/p\u003e \u003cp\u003eFinetuning your order 172\u003c\/p\u003e \u003cp\u003eClosing an order 174\u003c\/p\u003e \u003cp\u003eWorking the Trading Day 175\u003c\/p\u003e \u003cp\u003eEstimating the costs for trading 178\u003c\/p\u003e \u003cp\u003eMaking the final settlement 180\u003c\/p\u003e \u003cp\u003eTransferring off-market 180\u003c\/p\u003e \u003cp\u003eBuying into floats 180\u003c\/p\u003e \u003cp\u003eThe undemocratic world of allocations 184\u003c\/p\u003e \u003cp\u003eGetting the timing right 187\u003c\/p\u003e \u003cp\u003ePlaying CHESS Isn’t a Game 187\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Knowing When to Buy and Sell Shares \u003c\/b\u003e\u003cb\u003e191\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eGetting Ready for the Action 191\u003c\/p\u003e \u003cp\u003eLoving your shares 192\u003c\/p\u003e \u003cp\u003eBuying smart193\u003c\/p\u003e \u003cp\u003eSelling smart 194\u003c\/p\u003e \u003cp\u003eGoing into Analysis 198\u003c\/p\u003e \u003cp\u003eUsing fundamental analysis 198\u003c\/p\u003e \u003cp\u003eWorking with technical analysis 203\u003c\/p\u003e \u003cp\u003eInvesting or Trading 205\u003c\/p\u003e \u003cp\u003eBuying as an investor 205\u003c\/p\u003e \u003cp\u003eSelling as an investor 206\u003c\/p\u003e \u003cp\u003eBuying as a trader 209\u003c\/p\u003e \u003cp\u003eSelling as a trader 209\u003c\/p\u003e \u003cp\u003eRelying on Your Broker 210\u003c\/p\u003e \u003cp\u003eLooking and Listening 213\u003c\/p\u003e \u003cp\u003eAnalysing takeovers 213\u003c\/p\u003e \u003cp\u003eTaking note of profit warnings 214\u003c\/p\u003e \u003cp\u003eWatching index changes 214\u003c\/p\u003e \u003cp\u003eCapitalising on turnaround situations 215\u003c\/p\u003e \u003cp\u003eBeing a contrarian investor 215\u003c\/p\u003e \u003cp\u003eWatching for insider activity 215\u003c\/p\u003e \u003cp\u003eTaxing Considerations 216\u003c\/p\u003e \u003cp\u003eMinimising capital gains tax 216\u003c\/p\u003e \u003cp\u003eSelling to take a tax loss 216\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Buying What You Know\u003c\/b\u003e\u003cb\u003e 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAcquiring Ordinary Shares 217\u003c\/p\u003e \u003cp\u003eBuying blue chips 218\u003c\/p\u003e \u003cp\u003eLooking at Industrial and Resources companies 220\u003c\/p\u003e \u003cp\u003eFinding Specialised Stocks 244\u003c\/p\u003e \u003cp\u003eLooking at listed investment companies (LICs) 245\u003c\/p\u003e \u003cp\u003eEngaging with exchange-traded funds (ETFs) 249\u003c\/p\u003e \u003cp\u003eVisiting the Hybrid Part of the ASX Zoo 258\u003c\/p\u003e \u003cp\u003eConsidering exchange-traded bonds 260\u003c\/p\u003e \u003cp\u003eMoving with the mFunds market 261\u003c\/p\u003e \u003cp\u003eDeciding What to Buy 262\u003c\/p\u003e \u003cp\u003eBuying what you know 262\u003c\/p\u003e \u003cp\u003eRetreating behind defensive stocks 266\u003c\/p\u003e \u003cp\u003eCycling your way to recovery 267\u003c\/p\u003e \u003cp\u003eScooping the small-caps 268\u003c\/p\u003e \u003cp\u003ePunting on speculative stocks 268\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Working with Brokers\u003c\/b\u003e\u003cb\u003e 271\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat a Broker Does 272\u003c\/p\u003e \u003cp\u003eStockbroking for Everyone 273\u003c\/p\u003e \u003cp\u003eBuying full-service 273\u003c\/p\u003e \u003cp\u003eGoing online – or on the phone 274\u003c\/p\u003e \u003cp\u003eChoosing the Best Broker for You 277\u003c\/p\u003e \u003cp\u003eFighting for full-service 278\u003c\/p\u003e \u003cp\u003eDoing the research 278\u003c\/p\u003e \u003cp\u003ePaying for service 279\u003c\/p\u003e \u003cp\u003eInterviewing for a Broker 280\u003c\/p\u003e \u003cp\u003eMaking the most of full-service 283\u003c\/p\u003e \u003cp\u003eForging a new relationship 283\u003c\/p\u003e \u003cp\u003eUsing broker sponsorship 284\u003c\/p\u003e \u003cp\u003eLocating the ideal broker 284\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Taxing Matters \u003c\/b\u003e\u003cb\u003e285\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBenefiting from Dividend Imputation 285\u003c\/p\u003e \u003cp\u003eFranking credits made easy 286\u003c\/p\u003e \u003cp\u003eFranking credit refund 289\u003c\/p\u003e \u003cp\u003eObeying the 45-day rule 291\u003c\/p\u003e \u003cp\u003eWatching Your Capital Gains 291\u003c\/p\u003e \u003cp\u003eCalculating your liability 291\u003c\/p\u003e \u003cp\u003eReducing the tax office’s take 292\u003c\/p\u003e \u003cp\u003eTaxing Tactics 293\u003c\/p\u003e \u003cp\u003eTax-loss selling 293\u003c\/p\u003e \u003cp\u003eUsing a delisted dog 295\u003c\/p\u003e \u003cp\u003eBiting on a buyback 296\u003c\/p\u003e \u003cp\u003eBorrowing a tax deduction 297\u003c\/p\u003e \u003cp\u003eKeeping tax breaks in perspective 297\u003c\/p\u003e \u003cp\u003eTrading as a business 298\u003c\/p\u003e \u003cp\u003eKeeping a record 301\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 4: The Part of Tens 303\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Ten Great Investors and Their Strategies\u003c\/b\u003e\u003cb\u003e 305\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWarren Buffett and Charles Munger 305\u003c\/p\u003e \u003cp\u003eJohn Neff 309\u003c\/p\u003e \u003cp\u003eBenjamin Graham 310\u003c\/p\u003e \u003cp\u003ePhilip Fisher 312\u003c\/p\u003e \u003cp\u003eJim Slater 313\u003c\/p\u003e \u003cp\u003eCharles Viertel 315\u003c\/p\u003e \u003cp\u003ePeter Lynch 316\u003c\/p\u003e \u003cp\u003eJohn Bogle 317\u003c\/p\u003e \u003cp\u003eJohn Templeton 317\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Ten Things Not To Do, Ever\u003c\/b\u003e\u003cb\u003e 319\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDon’t Think You Can Get Rich Quick 319\u003c\/p\u003e \u003cp\u003eDon’t Underestimate Volatility 320\u003c\/p\u003e \u003cp\u003eDon’t Be Panicked Out of Your Shares 321\u003c\/p\u003e \u003cp\u003eDon’t Ignore Dividends (Especially Franked Ones) 322\u003c\/p\u003e \u003cp\u003eDon’t Buy a Share You Know Nothing About 323\u003c\/p\u003e \u003cp\u003eDon’t Expect Things to Stay the Same 323\u003c\/p\u003e \u003cp\u003eDon’t Delay a Sale to Save Capital Gains Tax 324\u003c\/p\u003e \u003cp\u003eDon’t Let Tax Drive Your Investment Decisions 325\u003c\/p\u003e \u003cp\u003eDon’t Fret Over Lost Profit 325\u003c\/p\u003e \u003cp\u003eDon’t Let Yourself Be Churned 326\u003c\/p\u003e \u003cp\u003eIndex 327\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eJames Dunn\u003c\/b\u003e is a freelance finance journalist and commentator. The founding editor of \u003ci\u003eShares\u003c\/i\u003e magazine, he writes for many other finance and investment magazines, newspapers and websites, and frequently appears on Australian radio and TV. He is also the author of \u003ci\u003eShare Investing For Dummies,\u003c\/i\u003e Third Australian Edition.   \u003c\/p\u003e\u003cul\u003e \u003cli\u003eUnderstand the Australian sharemarket\u003c\/li\u003e \u003cli\u003eMinimise your risk and maximise your returns\u003c\/li\u003e \u003cli\u003eReduce your capital gains tax bill\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003cb\u003eYour up-to-the-minute guide to share investing!\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIf you've ever wondered whether you're missing out by not investing in shares, here's your chance to find out, and do it with confidence. Experienced financial journalist and commentator James Dunn shows you exactly what to do, how to do it, and what you should never, ever do. Understand how the stock market operates and benefit from the advice of some legendary investors. You'll learn to analyse the share market, track trends, develop an investment strategy, assess your risk, choose a broker, understand tax implications, and so much more. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eInside...\u003c\/b\u003e \u003c\/p\u003e\u003cul\u003e \u003cli\u003eHow the Australian Securities Exchange work\u003c\/li\u003e \u003cli\u003eWhat a broker does\u003c\/li\u003e \u003cli\u003eTips for assessing potential share investments\u003c\/li\u003e \u003cli\u003eWhen to buy and sell\u003c\/li\u003e \u003cli\u003eManaging tax matters\u003c\/li\u003e \u003cli\u003eStrategies for success\u003c\/li\u003e \u003c\/ul\u003e","brand":"For Dummies","offers":[{"title":"Default Title","offer_id":47989289582821,"sku":"NP9780730385417","price":23.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780730385417.jpg?v=1761783534","url":"https:\/\/k12savings.com\/es\/products\/getting-started-in-shares-for-dummies-isbn-9780730385417","provider":"K12savings","version":"1.0","type":"link"}