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Clever Girl Finance Learn How Investing Works, Grow Your Money. Cover Image Book Book

Clever Girl Finance Learn How Investing Works, Grow Your Money.

Sokunbi, Bola. (Author).

Record details

  • ISBN: 9781119696735
  • ISBN: 1119696739
  • Publisher: John Wiley & Sons Ltd. 2020/10

Content descriptions

General Note:
[Trade Paperback]

Available copies

  • 2 of 2 copies available at BC Interlibrary Connect. (Show)
  • 1 of 1 copy available at Valemount Public Library.

Holds

  • 0 current holds with 2 total copies.
Show Only Available Copies
Location Call Number / Copy Notes Barcode Shelving Location Holdable? Status Due Date
Valemount Public Library anf 332.024 sok (Text) 35194014312524 Adult non-fiction Volume hold Available -

About the Author xi

Acknowledgments xiii

You are in the Right Place! Get Ready to Become a Clever Girl Investor! xv

How to Use This Book xix

Chapter 1 Adjusting Your Mindset About Investing 1

Why Investing Matters 7

Getting Educated About Investing 9

Women and the Investment Gap: Why It’s More Important Than Ever for Women in Particular to Invest 11

My Investing Story: The Complete Game-Changer for My Finances 15

Chapter 2 How the Stock Market Works 19

What Is the Stock Market? 21

Stock Exchanges in the United States 22

Indices and the Stock Market 23

The Economy and the Stock Market 26

How the Economy Affects Your Portfolio 26

Clever Girl Investor: Meet Jennifer “Jenny” Coombs 30

Chapter 3 Core Investing Concepts: Inflation, Compounding, and the Rule of 72 33

Inflation 36

What Causes Inflation? 37

Inflation in the United States 38

Compounding 39

How Compound Interest Works 40

The Rule of 72 44

Compound Interest, the Rule of 72, and Debt 46

Clever Girl Investor: Meet Cindy E. Zuniga 48

Chapter 4 Preparing to Invest 51

Key Factors to Ensure You’re Prepared to Invest 54

Setting Your Investment Objectives 58

Understanding Risk 59

Mitigating Risk 60

Chapter 5 The Different Types of Stock Market Investments 65

Investing in Stocks 67

Market Capitalization and Stocks 68

Investing in Bonds 70

What to Know About Bonds 70

Should You Buy Individual Stocks and/or Bonds? 73

Investing in Funds 74

Index Funds to Win 76

The Key Benefits of Index Funds 77

Popular Index Funds 79

Chapter 6 Researching Your Investments 83

Things to Look for When Researching Investments 86

Extra Credit: More Investing Terms and Definitions 90

Clever Girl Investor: Meet Adeola Omole 92

Chapter 7 Where and How to Purchase Your Investments 97

Brokerage Firms and Robo-Advisors 99

Working with a Financial Advisor 102

Practicing with Simulation Accounts 103

Trading versus Investing 104

Clever Girl Investor: Meet Jully-Alma Taveras 105

Chapter 8 Investing for Retirement 109

Types of Retirement Investment Accounts 114

What to Do When You Leave Your Employer 122

Tips to Maximize Your Retirement Investments 123

Are You Saving Enough? 126

Investing During Retirement 128

Clever Girl Investor: Meet Faneisha “Fo” Alexander 129

Chapter 9 Simple Investing Strategies 133

The 3-Fund Portfolio Investing Strategy 136

Alternative Investing Strategies: The 1-Fund, 2-Fund, 4-Fund, and 5-Fund Portfolios 139

Clever Girl Investor: Meet Jamila Souffrant 143

Chapter 10 Keeping Your Investments on Target 147

How Does Rebalancing Work? 149

When to Rebalance Your Portfolio 150

A Common Rule of Thumb: 100 Minus Your Age 151

How Often Should You Rebalance Your Portfolio? 151

Target-Date Funds, Robo-Advisors, and Portfolio Rebalancing 152

Letting Go of a Losing Investment 153

Chapter 11 The Deal with Taxes 157

Income Tax and Capital Gains Tax 159

Tax Losses 160

Minimizing Your Tax Obligation 161

Chapter 12 Investing Mistakes and Pitfalls to Avoid 165

Key Investing Mistakes and How to Avoid Them 168

Clever Girl Investor: Meet Regina Byrd 170

In Closing 175

Takeaways to Remember 177

Index 181


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