The World's Best Book Summaries
What are long-term equity anticipation securities (LEAPS)? How can a LEAPS investment help you prevent losses? A LEAPS investment is a strategy involving calls, or financial contracts, with a company that guarantees you the right to buy stock at a fixed price in the future. LEAPS are a way to make a profit from leveraged companies with minimal risk. Learn more about a LEAPS investment and how you can use this strategy to make a profit.
Are you ready to make a commitment to becoming wealthy? How can you achieve financial goals? In You Are a Badass at Making Money, Jen Sincero argues that you must commit fully to your dreams and financial goals. Committing fully means letting go of your contingency plans and making a conscious decision to pursue the path that helps you acquire the money you want. Let’s look at how to achieve financial goals.
When’s a good idea to invest in stub stocks? When a company recapitalizes, can you make a profit by investing? Stub stocks are stocks revalued after a company’s recapitalization or restructuring. For example, if a company were to repurchase shares from its shareholders, the stub stocks would be the leftover, lower-priced stocks available for purchase afterward. Learn more about how to invest in leveraged companies with stub stocks.
What are the best You Are a Badass at Making Money quotes? Is a lack of money holding you back from reaching your goals? According to Jen Sincero in You Are a Badass at Making Money, the key to breaking out of a financial rut is changing the way you think about money. She argues that by ridding yourself of underlying, limiting beliefs about money, identifying your aspirations, and trusting in the universe, you can become wealthy. Let’s look at the best You Are a Badass at Making Money quotes that reflect Sincero’s ideas.
How can you become a stock market genius? If you were to ask a hedge fund manager how to invest, what would they say? In You Can Be a Stock Market Genius, Joel Greenblatt leverages his expertise as a hedge fund manager to inform laypeople about how they can begin investing in the stock market. He focuses on special-situation investing, a type of investing that relies on finding undervalued stocks. Learn more about how you can begin investing with these strategies from You Can Be a Stock Market Genius.
What are stock spinoffs? Are spinoffs wise investments? Stock spinoffs are shares resulting from a parent company creating a second, independent company from one of their divisions or subsidiaries. Because shareholders of a new spinoff are typically quick to sell, they often sell below market rate. Learn how to make a profit from stock spinoffs with these tips from hedge fund manager Joel Greenblatt.
How do you find undervalued stocks? Can special-situation investing make a profit? Special-situation investing is a method for finding stocks selling significantly beneath their actual market value, and it can help you make a profit. To use this method, you’ll need to learn how to research stocks independently from financial analysts and focus on your investments rather than diversifying. Learn how to find undervalued stocks with this advice from hedge fund manager Joel Greenblatt.
What’s behind rising credit card debt in the US? What are its impacts? What can be done to address the crisis? US Credit card debt has surged to over $1 trillion for the first time, signaling financial distress for many Americans. Persistently high inflation paired with rising interest rates are making credit card debt increasingly unmanageable and putting financially vulnerable Americans at greater risk. Here’s what’s causing the national credit card debt crisis, and how you can avoid and pay off your debt.
What are the risks of bonds? Do they carry more or less risk than stocks? Many investors think that bonds are less risky than stocks. However, in his book Beating the Street, famed mutual fund manager Peter Lynch explains that bonds offer poorer returns than stocks over the long haul. Read more to understand the basics of how bonds work and two of the primary risks that come with investing in them.
Are stocks better than bonds? Which investment carries a greater risk? Despite their reputation as a riskier and more volatile investment, stocks have significantly outperformed bonds over the long term. Peter Lynch explains how bonds work and details some of the main risks that come from investing in them. Then he outlines why he promotes stocks as a superior investment. Keep reading to understand Lynch’s argument and to get a different perspective from Vanguard founder John Bogle.