“What are the best investments for me?”... “What about risk?”... “Do I need professional help with my investments and can I afford it?”
Mastering the language, concepts, vehicles and strategies of investing can be challenging. Fundamentals of Investing shows how to make informed investment decisions, understand the risks inherent in investing and how to confidently shape a sound investment strategy.
Fundamentals of Investing 3rd edition is completely updated and introduces core concepts and tools used by Australian investors, providing a firm understanding of the fundamental principles of investments. Focusing on both individual securities and portfolios, students learn how to develop, implement and monitor investment goals after considering the risk and return of both markets and investment vehicles.
Fundamentals of Investing is suitable for introductory investments courses offered at university undergraduate or post-graduate level, as well as colleges, professional certification programs and continuing education courses.
Fundamentals of Investing can be packaged with MyFinanceLab, a fully integrated online homework and tutorial system. MyFinanceLab offers flexible instructor tools, including:
- easy-to-use homework manager for test, quiz or homework assignments,
- automatic grading
- powerful online Gradebook.
Students can take pre-loaded Sample Tests for each chapter and their results generate an individualised Study Plan that helps focus and maximise their study time. Students will find ample opportunities to solve problems.
Also available in MyFinanceLab are two complete chapters from previous editions: ‘Investing in Preference Shares’ and ‘Real Estate and Other Tangible Investments’. Please visit www.pearson.com.au/myfinancelab for more information.
‘I LOVED MyFinanceLab. I have taken this course twice now and I passed the mid-semester exam for the first time because I was able to practise with MyFinanceLab.’
Tabatha Rogers, Griffith University, Queensland
PART ONE Preparing to Invest
1 The Investment Environment
2 Markets and Transactions
3 Investment Information and Securities Transactions
PART TWO Important Conceptual Tools
4 Return and Risk
4A The Time Value of Money
5 Modern Portfolio Concepts
PART THREE Investing in Shares
6 Shares
7 Analysing Shares
8 Share Valuation
9 Technical Analysis, Market Efficiency and Behavioural Finance
PART FOUR Investing in Fixed-Income Securities
10 Fixed-Income Securities
11 Bond Valuation
PART FIVE Portfolio Management
12 Managed Funds: Professionally Managed Portfolios
13 Managing Your Own Portfolio
PART SIX Derivative Securities
14 Options: Puts and Calls
15 Commodities and Financial Futures
Appendix A Financial Tables A-1
Index I-1
Credits C-1
WEB CHAPTERS
(at www.pearson.com.au/myfinancelab or www.pearson.com.au/9781442532885)
16 Investing in Preference Shares 525
17 Real Estate and Other Tangible Investments
Audience: 3rd year undergraduate or post-graduate introductory investments courses offered at universities, as well as colleges, professional certification programs and continuing education courses.