Broadly speaking there are two basic approaches to stock picking: one based on an assessment of eco- nomic and market factors (known as a top-down approach)
Almost everyone should own some stocks They represent the best way to participate in the future growth of the global economy and of individual companies
The BaSIcS for InveSTIng In STockS stocks that pay large dividends are less volatile capitalization of $1 billion or less (market capitaliza-
exchange-traded funds rather than through ownership of individual stocks or bonds Paying off high-interest debt may be your best “investment” strategy
this brochure we'll cover the basics on saving and investing go into any investment in stocks bonds or mutual funds with a
Stock prices (and thus the value of your investment) are dynamic and can fluctuate wildly Sometimes the market settles into a period of little
stock market in general and in general are average to above average risk Investors buy them because of their good record of earnings growth and the expectation
redistribute wealth between smart investors and noise traders But if the stock market influences real economic activity then the investor senti-
Investing in Stocks By the Editors of Kiplinger's Personal Finance Although they are unpredictable stocks have delivered superior returns over the long haul