Average customer rating: 
|
Complete Idiot's Guide to Investing in Internet Stocks
Ken Little Manufacturer: Alpha ProductGroup: Book Binding: Paperback  General
| Popular Economics
| Business & Investing
| Subjects
| Books
Public Finance
| Economics
| Business & Investing
| Subjects
| Books
General
| Business & Investing
| Subjects
| Books
Introduction
| Investing
| Business & Investing
| Subjects
| Books
Stocks
| Investing
| Business & Investing
| Subjects
| Books
General
| Personal Finance
| Business & Investing
| Subjects
| Books
Online Trading
| E-commerce
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Internet Commerce
| Web Development
| Computers & Internet
| Subjects
| Books
Complete Idiot's Guide: Internet
| Internet
| Home & Office
| Computers & Internet
| Subjects
| Books
Network Security
| Networks, Protocols & APIs
| Networking
| Computers & Internet
| Subjects
| Books
Investing
| Personal Finance
| Software
| Computers & Internet
| Subjects
| Books
Investing
| Personal Finance
| Software Books
| Custom Stores
| Stores
| Software
ASIN: 0028639413 |
Book Description
This book is an excellent resource if you have little or no investment or technological background, but want to learn how to make money in Internet and Internet-related stocks. It explains the whole ".com" phenomenon and will teach you how to watch traditional blue-chip companies for optimum investment opportunities.
Customer Reviews:
Lambs Being Led to the Slaughter.......2000-12-21
Here are some of the observations the author makes. "Investing in Internet stocks makes good sense." "With information, intelligence, and patience, you will be successfully investing in Internet stocks." "Investors willing to step out just a little on the risk side may find the rewards outstanding." Well, since the book came out, owning any of the Internet stocks has only led to losing a lot of money.
Why then did a rate the book at 2 stars rather than 1? Well, it does have some cautions in it. "Don't put your life savings into Internet stocks . . . ." Amen! You are encouraged to buy quality companies, hold the stocks, keep your expenses low, use mutual funds, watrch your risk (based on your stomach acid levels and sleepless nights), diversify, and have fun. Well, you would have been out of Internet stocks before the book came out if you followed that advice literally.
Many Internet companies are going out of business as they run out of cash. To the book's credit, this risk is finally pointed out briefly on pages 183 and 184.
Naturally, if many stocks were going to fall 50-99%, this was a great time to sell the stocks short. This is first mentioned briefly as an opportunity on page 147. But brand new investors should not be selling short in volatile categories.
Here's my advice. Buy a lottery ticket instead. You have the same chance of making money, and because the unit cost is smaller, you will lose less money.
Books: