Showing results for "Power Trading" in Personal Finance

All of our relationships and decisions involve trading at some level. This is a book about decision-making through the lens of a professional prop trader. For years, behavioral and cognitive scientists have shown us how human decision-making is flawed and biased. But how do you learn to avoid these problems in day-to-day decisions where you have to react in real-time? What are the important things to think about and to act on?

In The Power of Cash, Professor Jay Zagorsky, former advisor to the Boston Federal Reserve, delivers a startlingly insightful and eye-opening discussion of the harmful and unintended consequences of the demise of paper money. The author convincingly argues that cash is an essential and helpful tool that's worth preserving for the long run.

Time and again, individual investors discover, all too late, that actively picking stocks is a loser's game. The alternative lies with index funds. This passive form of investing allows you to participate in the markets relatively cheaply while prospering all the more because the money saved on investment expenses stays in your pocket. In his latest book, investment expert Richard Ferri shows you how easy and accessible index investing is.

When it comes to investing, it's important to have a basic understanding of certain key concepts in order to make informed and intelligent decisions. This includes setting financial goals, understanding your risk tolerance, learning about different investment vehicles, diversifying your portfolio, and understanding fees and taxes. In this audiobook, you will learn the different ways you can invest your money so you can build your wealth. This guide is perfect for beginners who want to start investing but have no idea how to start or what kind of investments to make.