Investing for Smarties: How to Manage Your Own Portfolio and Keep All the Profits Yourself

The importance of starting early with a well-planned retirement program has never been greater. Because of inflation, it's practically impossible to predict how much money you will need in order to live comfortably after you retire. You can't count on Social Security benefits to support you either, but by establishing a savings plan at a young age, you'll be well on your way to a comfortable retirement.Author William Cubberley has studied and followed the stock market for decades. Drawing on advice from countless brokers and other advisers, he has distilled the best in Investing for Smarties, tackling topics such asThe importance of beginning earlyChoosing a brokerAvoiding common pitfallsInvesting in mutual fundsProtecting your nest eggResearching the overall marketBuying and selling stocksKeeping good recordsCubberley also includes his own insights on investing and on life. His anecdotes perfectly illustrate the points he makes in this entertaining, helpful guide to retirement planning. Investing for Smarties will help you understand why so few small investors prosper; it will also show you how to avoid the pressures you'll encounter as you plan for your future.