附註:Includes index.
Terms of Use; Want to learn more?; Contents; Preface; Acknowledgments; Part I Recognize When the Bell Has Rung; Chapter 1 Listening for the Bell ; The Paradox; Chapter 2 They Do Ring a Bell at the Top . . .; Bubbles; The United States: The Roaring Twenties; Japan: The Late Eighties; Emerging Markets: The Nineties; The United States Again: The Late Nineties; The Psychology of Bubbles; Hearing the Bell at the Top; Chapter 3 . . . And at the Bottom ; Six Crises; The Psychology of Market Bottoms; How to Recognize a Market Bottom; Chapter 4 The Up-and-Down Stock Market
Is the Market Really Efficient?What Prevents Market Efficiency?; Chapter 5 How to Tell Whether the Stock Market Is Fairly Valued ; Risk and Reward; Pizza Parlors or Stocks?; A Simple Tool for Valuing the Stock Market; You Say You Don't Trust Reported Earnings?; The Fed Model; Yield Curve Analysis; Part II Steps to Take after the Bell Has Rung; Chapter 6 Building an Investment Portfolio for the Long Haul; Investment Plans; If Not Stocks, Then What?; Choosing Your Asset Mix; A Good Way to Buy Stocks; Which Index?; Do-It-Yourself Index Funds: Spiders, Cubes, Diamonds, and Vipers
Monitoring Your PortfolioChapter 7 Beyond Plain Vanilla; Active Funds Versus Index Funds; Growth Funds and Value Funds; Equity Income Funds; Sector Funds; International Funds; Small- and Mid-Cap Funds; High-Yield Bond Funds; Socially Responsible Funds; Balanced, Life Cycle, and Asset Allocation Funds; Convertible Funds; Gold Funds; Real-World Choices; Chapter 8 Four Myths That Could Keep You Out of the Market ; Myth #1: Wall Street Strategists Will Tell You When to Get Back in the Market; Myth #2: It's Best to Wait Until the Investment Outlook Is Clear Before Investing in Stocks
Myth #3: Real Estate Is Always a Better Investment than StocksMyth #4: Bonds Are Safe; Chapter 9 Eight Steps Not to Take after the Bell Has Rung ; Market Timing; Wall Street Research; Charting; Day Trading; IPO Opportunities; Overdiversification; Patriotic Investing; Buying on Margin; Chapter 10 It's Never Too Early to Save for Retirement ; How Much Money Will I Need to Retire?; How Am I Doing?; Will Social Security Still Be Around When I Retire?; Epilogue Bringing It Together; Appendix A Summary of 2003 Tax Law Changes; Appendix B Tax-Deferred Savings Plans; Appendix C College Savings Plans
Appendix D Largest Index Funds and ETFsGlossary What Wall Street Really Means; Index
摘要:For novice investors rocked by the market's downturn over the last three years, the question looms over all their investment decisions: when will it be safe to get back into the stock market? In Conquering Stock Market Hype, Allan Campbell takes investors by the hand and guides them through the noise and confusion of Wall Street. Using historical data and research as their starting point, the author distills wide-ranging academic research into material that novice investors can actually understand, telling them what to do, how to do it, and why. The author shows how to recognize market tops (they provide a detailed analysis of 2000) and bottoms and what to do in each situation. The author believes the signals being given off today indicate when we've reached a market bottom, and the time is ripe to get back in the market.; Most importantly, he tells investors what to do now to take advantage of the current situation. Conquering Stock Market Hype provides a calming perspective that shows how to recover from losses sustained and start moving toward profitability. The author shows how to invest for the long term that won't require the investor to continually check his or her portfolio. The book uses simple terms and tells the investor what to do for long-term investment success, taking into account that, while the market goes up over time, it is not always a smooth ride.; Topics covered include: Alternatives to stocks; The wide variety of funds best for novice investors; Choosing the best asset mix; How to recognize market tops and bottoms; A look inside the bubble of the late 1990s; The psychology of market tops and bottoms; The author is eminently suited to write this book. His years in the industry give him the knowledge and insight to understand all its nuances, and his experience at Value Line as a research director and analyst allows for the expression of financial information in simple, easy-to-understand terms.
