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Take advantage of the decades ahead and invest in your financial future today 

You may be at the stage of your life where you’re still watching every penny, but you know the earlier you invest, the more time your money has to work for you. Investing in Your 20s and 30s For Dummies provides novice investors with time-tested advice, along with strategies that reflect today’s market conditions. You’ll get no-nonsense guidance on how to invest in stocks, bonds, funds, and even real estate—complete with definitions of all the must-know lingo. You’ll also learn about the latest investment trends, including using robo-advisors to manage your portfolio, relying on apps to make fast trades, and putting your hard-earned cash in digital currencies. Armed with the knowledge and strategies in this book, you can invest wisely, monitor your progress, and avoid risking too much. Today’s investing landscape is changing at record speed, and this book helps you keep up. Find information on the latest tax laws, financial lessons learned from the COVID-19 pandemic, and popular funds for the 2020s.   

  • Learn the investment basics you need to get started 
  • Discover new tools and technologies that make it easier than ever to participate in the market 
  • Build a diverse portfolio that reflects your values, financial goals, and risk tolerance 
  • Feel more confident as you fund an investment account, choose equities or funds, and plan for the future 
  • Make an impact with your money by selecting socially responsible investments 
  • Figure out how much money to invest in employer-sponsored accounts or other retirement plans 

If you’re a little unsure about stepping into the world of investing, Investing in Your 20s and 30s For Dummies gives you the confidence you need to establish a smart investment strategy. Grab your copy today. 

Table of Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Introduction
    1. About This Book
    2. Foolish Assumptions
    3. Icons Used in This Book
    4. Beyond the Book
    5. Where to Go from Here
  5. Part 1: Getting Started with Investing
    1. Chapter 1: Making Sense of Your Investing Options
    2. Growing Your Money in Ownership Investments
    3. Keeping Money in Lending Investments
    4. Understanding Risks and Returns
    5. Where to Invest and Get Advice
    6. Chapter 2: Using Investments to Accomplish Your Goals
    7. Setting and Prioritizing Your Shorter-Term Goals
    8. Investing in Retirement Accounts
    9. Assessing Your Risk-Taking Desires
    10. Chapter 3: Setting Your Return Expectations
    11. Estimating Your Investments’ Returns
    12. Compounding Your Returns
    13. Chapter 4: Minimizing Your Taxes When Investing
    14. Understanding Investment Taxes
    15. Reducing Your Taxes When Selling Investments
  6. Part 2: Preparing Your Investing Foundation
    1. Chapter 5: Laying Out Your Financial Plans
    2. First Priorities: Paying Off High-Cost Debt and Building a Safety Reserve
    3. What about Paying Down Other Debts?
    4. Sorting Out Your Financial Plans
    5. Knowing the Impact of Investing for College Costs
    6. Securing Proper Insurance
    7. Chapter 6: Starting Out with Bank and Credit Union Accounts
    8. Understanding FDIC Bank Insurance
    9. Investing in Banking Account and Savings Vehicles
    10. Negotiating with Bankers
    11. Feeling Secure with Your Bank
    12. Exploring Alternatives to Bank Accounts
    13. Chapter 7: Managing Money Market Funds
    14. Defining Money Market Mutual Funds
    15. Looking at Money Market Fund Holdings
    16. Protecting and Accessing Your Money in Money Funds
    17. Using Money Market Funds in Your Investment Plan
    18. Shopping for the Best Money Funds
    19. Alternatives to Money Market Mutual Funds
  7. Part 3: Investing in Stocks, Bonds, and Funds
    1. Chapter 8: Getting Your Slice of Capitalism with Stocks
    2. What Are Stocks?
    3. How (and Why) You Can Make Money with Stocks
    4. Timing Your Stock Buying and Selling
    5. Highlighting How to Invest in Stocks
    6. Maximizing Your Stock Market Returns
    7. Chapter 9: Securing Investment Income and Principal with Bonds
    8. Defining Bonds
    9. Using Bonds in a Portfolio
    10. How and Where to Invest in Bonds
    11. Chapter 10: Fund Investing: Mutual Funds and Exchange-Traded Funds
    12. Understanding the Advantages of Funds
    13. Maximizing Your Chances for Fund Investing Success
    14. Creating and Managing a Fund Portfolio
    15. Identifying the Best Mutual Funds and ETFs
    16. Considering Alternatives to Investing in Funds
    17. Chapter 11: Understanding Investment Brokers
    18. Getting Your Money’s Worth: Discount Brokers
    19. Checking Out Online Brokers
  8. Part 4: Investing in Real Estate, Small Business, and Other Investments
    1. Chapter 12: Seeking Shelter and Appreciation in Real Estate
    2. Comparing Owning a Home to Renting
    3. Figuring Your Home-Buying Budget
    4. Shopping for Your Home
    5. Investing in Investment Real Estate
    6. Chapter 13: Financing and Putting Together Real Estate Investment Deals
    7. Financing Your Real Estate Deals
    8. Working with Real Estate Agents
    9. Putting Your Deal Together
    10. Selling Real Estate
    11. Chapter 14: Taking Your Talents to the Small-Business Arena
    12. Investing in Your Career
    13. Deciding to Start Your Own Business
    14. Turning a Business Idea into Reality
    15. Considering Small-Business Investment Options
    16. Chapter 15: Exploring Other Investment Vehicles
    17. Calling on Options
    18. Considering Gold and Other Precious Metals
    19. Should You Invest in Currencies and Cryptocurrencies?
    20. Contemplating Collectibles
    21. Understanding Annuities and Cash-Value Life Insurance
  9. Part 5: The Part of Tens
    1. Chapter 16: Ten Things to Know about Investing Resources
    2. Get Educated to Discern the Best from the Rest
    3. Beware “Free”
    4. Understand the Influence of Advertising
    5. Value Quality over Quantity
    6. Know How to Check Out a Resource
    7. Beware Hype and Exaggeration
    8. Don’t Assume Quoted Experts Know Their Stuff
    9. Investigate Gurus’ Claims
    10. Don’t Believe Investment-Newsletter Claims
    11. Check Out and Keep Up with My Favorite Resources
    12. Chapter 17: Ten Essential Tips for Investing Success
    13. Regularly Save and Invest 5 Percent to 10 Percent of Your Income
    14. Understand and Use Your Employee Benefits
    15. Thoroughly Research Before You Invest
    16. Shun Investments with High Commissions and Expenses
    17. Invest the Majority of Your Long-Term Money in Ownership Investments
    18. Avoid Making Emotionally Based Financial Decisions
    19. Make Investing Decisions Based on Your Plans and Needs
    20. Tap Information Sources with High Quality Standards
    21. Trust Yourself First
    22. Invest in Yourself and Others
    23. Chapter 18: Ten Things to Know about Investing Apps
    24. Beware of the General Dangers of Putting Apps on Your Cell Phone
    25. Use Apps Only from Proven Companies with Good Reputations and Longevity
    26. Consider the Alternatives to an App
    27. Use the Best Personal Finance Apps to Have More to Invest
    28. Be Skeptical of Investing Apps Offering “Free” Trading
    29. Review Current and Historic Financial and Economic Data
    30. Invest with Leading Fund Providers
    31. Tap into the Best Investment Brokerage Firms
    32. Examine the Best Real Estate Apps
    33. Seek out Good Small-Business Apps
  10. Bonus Chapter: Taking Care with Health Insurance
    1. Making Sure You’re Covered
    2. Finding Your Best Health Plan
    3. Shopping for Health Insurance
    4. Health Savings Accounts: Tax Reduction for Healthcare Costs
  11. Index
  12. About the Author
  13. Advertisement Page
  14. Connect with Dummies
  15. End User License Agreement
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