The Basics of Speculating
The Basics of Speculating : Gerald Krefetz : Vision Books : Book (ISBN: 817094449x)
Price: Rs. 190
ISBN13/10: / 817094449x
Latest Print in 2006
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How to speculate
profitably with your hard-earned money
Are you one of those who feel excited at the
prospect of speculation but don’t quite know whether you should — or how.
Indeed, it is wise to halt and pause before you start
speculating for it can be extremely dangerous to your wealth. While it is
possible to make a lot of money, it is equally possible to lose a great deal
more than anticipated. It is, therefore, imperative to first know your risk
tolerance and correctly assess the appropriate role of speculation in
youroverall investment plan.
This book discusses the most popular financial instruments
used for speculation: stocks, bonds, options, futures, commodities, precious
metals and foreign exchange, etc. Each chapter tackles a particular financial
instrument in detail, helping you understand how to speculate with it.
right for you
How much of your
overall investment should you earmark for speculation
shares: how to buy stocks on margin; the power of leverage; speculating with
rights and warrants
bonds: the ones best suited for speculation
Betting on interest
futures and options
How to avoid common
mistakes and swindles— and much more!
So, now you don’t have to be confused about the
exciting area of speculation. This book offers you the must-know principles,
expert guidance and sensible solutions to do so profitably.
Gerald Krefetz has participated in and closely observed the financial world for more than twenty-five years. He has written more than twelve books on business and financial subjects and prepared reports and studies for private clients. Mr. Krefetz’s experience spans a wide range of economic matters, portfolio management, foreign investments, venture capital situations, income distribution, entrepreneurialism and public affairs. A principal of Krefetz Management and Research, he runs a private money management service for individuals in Manhattan, U.S.A.
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