Income Investing with Bonds, Stocks, and Money Markets: A Proven Approach to Profiting from Low...
ISBN: 9780071791113 | 0071791116
Edition: 1stFormat: Hardcover
Publisher: McGraw-Hill
Pub. Date: 7/23/2012
Why Rent from Knetbooks?
Because Knetbooks knows college students. Our rental program is designed to save you time and money. Whether you need a textbook for a semester, quarter or even a summer session, we have an option for you. Simply select a rental period, enter your information and your book will be on its way!
Top 5 reasons to order all your textbooks from Knetbooks:
- We have the lowest prices on thousands of popular textbooks
- Free shipping both ways on ALL orders
- Most orders ship within 48 hours
- Need your book longer than expected? Extending your rental is simple
- Our customer support team is always here to help
GENERATE A STEADY STREAM OF INCOME--USING THE MONEY YOU ALREADY HAVE
You don't need to be ultra-rich or even moderately wealthy to look toward your nest egg for income.
This step-by-step guide from leading investment manager Jason Brady will show you how to use your savings to build a steady income stream and compound returns over time. His strategies help you:
- Tap into the money-making potential of bonds
- Reinforce your portfolio with income-producing assets
- Understand how options affect your investme... MORE
Whether you're a Baby Boomer or Gen Xer planning for the future, or a serious investor looking to learn more tricks of the trade, this detailed strategy guide will help you understand and choose the steadiest bonds, dividend-paying stocks, and low-risk securities on the market. Filled with specific examples, insider advice, and portfolio planning tips, it's your guide to today'scomplex marketplace.
| Prologue | p. 1 |
| Investing for Income | p. 5 |
| Slow, but Steady | p. 6 |
| Yield and Investor Psychology | p. 9 |
| Introduction to Asymmetry of Returns | p. 11 |
| Debt and the Cost of Money | p. 15 |
| The History of Debt and Money | p. 15 |
| What Is a Bond? | p. 18 |
| Duration: A Measure of Time and Sensitivity to Change | p. 19 |
| The Yield Curve: Th... MORE | p. 23 |
| When the Cost of Money Changes: The Basic Economics of Interest Rates | p. 26 |
| The Federal Reserve | p. 28 |
| Key Economic Variables for Investors | p. 31 |
| Inflation versus Deflation, Today and Tomorrow | p. 37 |
| The Wide World of Bonds: Types of Markets and How to Look at Them | p. 43 |
| The Amazing Variety of Fixed Income | p. 43 |
| Credit Ratings: Let's Get This Out of the Way | p. 47 |
| The Trinity of Balance Sheets | p. 52 |
| Government Bonds: U.S. Treasuries, Foreign Governments, Municipal Bonds | p. 52 |
| Corporate Bonds | p. 67 |
| Optionality and Selling the Upside | p. 97 |
| Yield Is a Terrible Measure of Return | p. 98 |
| Options Basics | p. 102 |
| Optionality in Fixed Income | p. 106 |
| Effects of Optionality on Investment | p. 111 |
| Yield as a Cushion | p. 116 |
| Normal Distributions and Overconfidence | p. 117 |
| Correlation and Feedback Loops | p. 126 |
| Examples of Asset Classes and Products That Illustrate Optionality | p. 134 |
| Equities for Income | p. 145 |
| Upside Optionality and Volatility | p. 148 |
| Dividends versus Bond Yields | p. 149 |
| Dividend Payers Outperform | p. 150 |
| Go Global | p. 153 |
| It's Not Yield, It's Growth | p. 155 |
| Windstream versus China Mobile: High Yield versus Growing Yield | p. 158 |
| Income from Stocks…for the Long Run | p. 160 |
| Banks: A Case Study | p. 165 |
| The Mechanics of a Bank Balance Sheet | p. 166 |
| Banks as Investors | p. 168 |
| Liquidity and Solvency | p. 173 |
| The Government Steps In | p. 179 |
| From Subprimes to Sovereigns: Banks in Europe versus Banks in the U.S. | p. 180 |
| Toward a Sustainable Portfolio | p. 185 |
| Minksy's Financial Instability Hypothesis | p. 186 |
| Bottom Up: Margin of Safety | p. 189 |
| Top Down: The Market Environment | p. 193 |
| Portfolio Construction | p. 194 |
| Permanence of Capital | p. 198 |
| Reflexivity | p. 200 |
| Conclusion | p. 202 |
| Notes | p. 205 |
| Index | p. 209 |
| Table of Contents provided by Ingram. All Rights Reserved. |
Please wait while this item is added to your cart...
