Guitar All-In-One for Dummies: Book + Online Video and Audio Instruction

Title Page......Page 3
Copyright Page......Page 4
Table of Contents......Page 7
 About This Book......Page 17
 Foolish Assumptions......Page 18
 Where to Go from Here......Page 19
Part I Getting Started with High‐Level Investing......Page 21
 Chapter 1 Taking Stock before You Invest at a Higher Level......Page 23
   Defining stock......Page 24
   Checking out market capitalization......Page 25
  Investigating the Dual Nature of Stock Investing......Page 26
  Choosing Stocks Wisely......Page 27
  Measuring Stock Performance with Indexes......Page 28
  Going beyond Stocks: Exchange‐Traded Funds and Options......Page 29
  Taking Tips and Techniques from Great Investors......Page 30
  Delving into Different Kinds of Risk......Page 31
   Risks to the value of your holdings......Page 32
   Political risks......Page 35
   Risks to your earnings......Page 36
   Individual risks......Page 38
   Hedging......Page 40
  Getting in the Swing of Things: Volatility......Page 41
   Discovering why volatility is greater now......Page 42
   Tracking volatility......Page 43
  Understanding Diversification and Allocation......Page 45
   Cyclical or defensive: Preparing for different economies......Page 46
   The mix‐up: Avoiding perfect correlation......Page 47
   Allocating according to your personal situation and goals......Page 48
  Digging into Stock Sectors......Page 49
   Conglomerates......Page 50
   Financial......Page 51
   Industrial goods......Page 52
   Utilities......Page 53
   Time frame issues......Page 54
   Personal goals......Page 55
   Your risk tolerance......Page 56
  Recognizing the Principles of Fundamental Analysis......Page 59
   Examining the product and the marketplace......Page 60
   Being a contrarian......Page 61
   Being patient and diligent......Page 62
   The balance sheet......Page 63
  Checking the Numbers......Page 64
   Sales......Page 65
   Debt......Page 66
   The price‐to‐earnings (P/E) ratio......Page 67
   The price‐to‐book ratio......Page 69
  Finding Undervalued Stocks......Page 70
   Trying out stock screening tools......Page 71
   Digging into the SEC’s EDGAR database......Page 72
   Figuring out how dividends work......Page 73
   Investigating the dividend payout ratio......Page 75
   Reinvesting your dividends......Page 76
  Before You Begin: Finding and Picking a Broker......Page 77
   Cash accounts......Page 78
   Options accounts......Page 79
  Looking at Brokerage Orders......Page 80
   Event‐ or condition‐related orders......Page 81
   Time‐related orders......Page 84
   Combination orders......Page 85
   Other orders......Page 86
   Understanding the good and the bad of margin......Page 87
   Knowing the best times to use margin......Page 89
   Applying some tips for using margin......Page 91
   Walking through a margin example......Page 92
  Looking at the Major Markets......Page 95
   Bonds......Page 96
   Currency......Page 98
   Commodities......Page 99
   Credit and interest rates......Page 100
  Taking a Peek at Intermarket Analysis Charts......Page 101
   Negative correlation......Page 102
   Positive correlation......Page 103
   No correlation......Page 104
  Shining a Spotlight on Major Marketplaces......Page 106
   Europe......Page 107
   China......Page 108
   Other marketplaces......Page 109
Part II Choosing High‐Potential Stocks and Exchange‐ Traded Funds......Page 111
  Understanding Who Can Benefit from Small‐Cap Stocks and Why......Page 113
   Micro‐cap stocks (including penny stocks)......Page 115
   Standard small‐cap stocks......Page 117
   What are the product and the market?......Page 118
   Who are the company’s partners?......Page 119
   What have been the company’s turnaround opportunities?......Page 120
   Thinly traded markets......Page 121
   Heavy‐promotion stocks......Page 122
  Trying Out Tactics and Principles for Small‐Cap Success......Page 123
  Finding Small‐Cap Gems......Page 125
  Understanding Some Important Points about Shorting......Page 127
  Getting a Handle on the Mechanics of Shorting......Page 128
   Opening a margin account......Page 130
   Making the trade......Page 131
   Having your exit strategy in place......Page 132
   Trying not to get squeezed......Page 133
   Closing out your short trade......Page 134
   Using fundamental analysis to choose “what”......Page 135
   Using technical analysis to choose “when”......Page 137
   Protecting yourself......Page 139
 Chapter 9 Exchange‐Traded Funds for Big Up Moves......Page 141
   Comparing ETFs to stocks......Page 142
   Stacking up ETFs against mutual funds......Page 143
  Picking Out the Pros and Cons of ETFs......Page 145
   The benefits......Page 146
   The downsides......Page 147
  Checking Out the Main Categories of ETFs......Page 148
   Index ETFs......Page 149
   Sector ETFs......Page 150
   Commodity ETFs......Page 152
   International ETFs......Page 153
   Bond ETFs......Page 154
   Leveraged ETFs......Page 155
  Using ETFs for Income......Page 157
 Chapter 10 Exchange-Traded Funds for Big Down Moves......Page 159
  Defining Inverse ETFs......Page 160
  Exploring How Inverse ETFs Work......Page 161
  Comparing Inverse ETFs to Other Bearish Strategies......Page 162
   Deploying a put option......Page 163
   Using an inverse ETF (ta-da!)......Page 164
   Hedging......Page 165
  Looking at the Next Level of Inverse ETFs......Page 166
Part III All about Options......Page 169
 Chapter 11 Introducing Options......Page 171
  Defining Options: Calls and Puts......Page 172
  Checking Out Reasons to Consider Options......Page 173
   Understanding the contract multiplier......Page 174
   Considering the underlying assets......Page 175
   Distinguishing between money positions......Page 176
  Walking through a Call Option Example......Page 177
   The option from the buyer’s perspective......Page 178
   The option from the writer’s perspective......Page 180
  Placing Option Orders......Page 181
  Reading an Options Table......Page 183
  The Nuts ’n’ Bolts of Option Combinations......Page 184
   Considering your outlook......Page 185
   Looking at the legs......Page 186
   Weighing risk versus return......Page 187
   Talking about time and moneyness......Page 188
  Trying Out Option Tutorials and Resources......Page 189
  The Uses of Call Options......Page 191
   Using call options for gains......Page 192
   Writing covered call options for income......Page 194
  The Golden Rules for Call Option Buyers......Page 195
  The Golden Rules for Covered Call Option Writers......Page 197
  Buying Put Options for Gains......Page 199
   Profiting when the market is “too high”......Page 200
   Understanding the golden rules for put option buyers......Page 201
   Cash‐secured puts......Page 203
  Considering Put Options for Protection......Page 204
 Chapter 14 Bullish Combination Strategies......Page 207
  The Bull Call Spread......Page 208
   The stock enters the range of the strike prices before expiration......Page 209
   The stock goes over the higher strike price before expiration......Page 210
   The stock moves sideways......Page 211
   The stock goes down......Page 212
  The Synthetic Long......Page 213
   The stock price falls......Page 214
   The stock goes up......Page 215
  The Bear Put Spread......Page 217
   The stock goes sideways or stays flat......Page 218
   The stock’s price goes into the legs’ price range before expiration......Page 219
   The stock goes under the second leg’s strike price......Page 220
   The stock moves sideways......Page 221
   The stock crashes......Page 222
  The Zero‐Cost Collar......Page 223
   The stock goes up......Page 224
   The stock goes down......Page 225
  Pondering Neutral Points......Page 227
   Noting the underlying asset’s volatility with the beta rating......Page 228
  Taking a Chance on High Volatility......Page 229
   The long straddle......Page 230
   The long strangle......Page 232
  Seeking Income with Low Volatility......Page 234
   The short straddle......Page 235
   The short strangle......Page 237
Part IV Strategies from the Greats......Page 239
 Chapter 17 Legendary Investing Strategies......Page 241
  Considering Characteristics of the Great Investors......Page 242
  Spotlighting Specific Investors and Their Tactics......Page 243
   Warren Buffett: Buying businesses in a market of stocks......Page 244
   John Templeton: Buying at points of maximum pessimism......Page 245
   Peter Lynch: Investing in what you understand......Page 247
   Harry Browne: Preparing for any economy......Page 248
   Other pros to check out......Page 249
  Tracking and Analyzing the Pros......Page 250
 Chapter 18 High‐Octane Speculating......Page 251
   Jesse Livermore......Page 252
   John Paulson......Page 254
   George Soros......Page 255
   Other greats......Page 256
   Discovering undervalued diamonds in the rough......Page 259
   Finding and shorting the overvalued......Page 260
 Chapter 19 Big Picture, Big Profits......Page 261
   Gross domestic product......Page 262
   Leading economic indicators......Page 263
   Unemployment......Page 264
   Money supply, inflation, and deflation......Page 265
   Telling a bubble from a bull market......Page 268
   Taking away lessons from past bubbles......Page 269
   Recognizing today’s potential bubbles......Page 272
  Making Sense of Megatrends......Page 274
  Tools, News, and Views That You Can Use......Page 275
   Understanding the big picture......Page 276
 Chapter 20 Corporate and Political Skullduggery......Page 279
   Knowing when to take notice of the insiders......Page 280
   Getting the scoop from the SEC......Page 281
   The upside of insider buying......Page 283
   The lowdown on insider selling......Page 284
  Researching Political Insider Trading......Page 286
 Chapter 21 Technical Analysis......Page 289
   Looking at key elements: Price and volume......Page 290
   Using charts: Tools of the trade......Page 291
  Comparing Technical Analysis and Fundamental Analysis......Page 293
  Tracking Trends......Page 295
   Trend direction......Page 296
   Trendlines......Page 297
   Channels, resistance, and support......Page 298
  Checking Out Chart Patterns......Page 299
   Reverse head and shoulders......Page 300
   Cup and handle......Page 301
   Double tops and double bottoms......Page 302
   Flags and pennants......Page 303
  Investigating Indicators......Page 304
   The Relative Strength Index......Page 305
   Moving averages......Page 306
   Moving average convergence/divergence......Page 307
   Bollinger Bands......Page 308
  Digging into Resources for Technical Analysis......Page 309
Part V The Part of Tens......Page 311
  Use Stop‐Loss Orders......Page 313
  Go against the Grain......Page 314
  Hold Cash Reserves......Page 315
  Sell and Switch......Page 316
  Consider the Zero‐Cost Collar......Page 317
  Try Selling Puts......Page 318
  Prepare Your Exit Strategy......Page 319
  Exercise Patience......Page 321
  Try Trailing Stops......Page 322
  Use Stock Triggers......Page 323
  Look at Leveraged ETFs......Page 324
  Buy Call Options......Page 325
  Sell Put Options......Page 326
  Construct a Synthetic Long......Page 327
  Measuring Twice......Page 329
  Showing Courage......Page 330
  Doing the Opposite of What’s Expected......Page 331
  Specializing in a Sector......Page 332
  Having Discipline......Page 333
  Regularly Monitoring Your Holdings......Page 334
  Accepting Mistakes Early......Page 335
Part VI Appendixes......Page 337
  Investing Websites......Page 339
   Financial commentary sites......Page 340
   Magazines and newspapers......Page 341
   Stock investing books......Page 342
   Other investing books......Page 343
   Investment/financial advisors......Page 345
   Brokerage research......Page 346
   Brokerage firms......Page 347
  Government Agencies......Page 348
   Stock screening tools......Page 349
   Exchange‐traded fund (ETF) resources......Page 350
   Economics, trends, and the big picture......Page 351
   Technical analysis resources......Page 352
 Appendix B: Financial Ratios......Page 353
   Return on equity (ROE)......Page 354
   Return on assets (ROA)......Page 355
  Common Size Ratios......Page 356
  Liquidity Ratios......Page 357
   Quick ratio......Page 358
   Debt‐to‐asset ratio......Page 359
   Working capital......Page 360
   Price‐to‐earnings ratio (P/E)......Page 361
   Price‐to‐book (P/B) ratio......Page 362
   Price‐to‐sales (P/S) ratio......Page 363
   Dividend payout ratio......Page 364
Index......Page 367
EULA......Page 387