Investments: An Introduction - Academic library - free online college e textbooks

Definition and objective of investment Choose your life partner with care Continue to invest assets wisely Choose this day carefully and prepare yourself emotionally Measuring risk and return Be cognizant of behavioural finance (the psychology of the market)Other rules which apply throughout or during part of your life-cycle Debt market Valuation of fixed-interest securities Be kind to people with humble stations (positions) in life Other real investments What are risk and return?Resist the Indiana Jones temptation to make a comeback Appreciate market liquidity Undertake SKI holidays Read up on the cognitive development stages of offspring Risk-free rate Asset allocation over the life-cycle Lessons from the theories and maxims Capital asset pricing model Share market instruments Sensorimotor stage (0-2 years)Property Of the real investments, property is the most significant investment for the retail investor (individual)Phase 4: 60-80+Aggressively repay debt Money market instruments Commodities Share market Element 5: money creation Understand macroeconomics and mean reversion Valuation of futures and options Learning outcomes Phase 2: 20-40 Valuation of other real assets Phase 2: adulthood to maturity (20-40) Pursue happiness Valuation of income-producing property Learning outcomes The financial system There is no simple formula to make you wealthy Primary and secondary markets Do not become dependent on the largesse of your spouse Real investments Phase 1: newborn to adulthood (0-20) Investment principles Four phases of the life-cycle Learning outcomes Hedge funds Have no regrets upon exodus Derivative market instruments: futures and options Nurture your health and family life Drive home the philosophy that wealth has two legs: monetary and non-monetary Element 3: financial instruments The life-cycle and investing Investment environment Six elements of the financial system Promote an ethos of sound money management Do not lend money to anyone Provide sound education inside and outside institutions of learning Spot and derivative markets Undertake lifelong continuing education The instruments of the financial intermediaries Insure your life only Base investment decisions on their FVP Valuation of commodities Portfolio management Long-term insurers Read up on the undisputed "Out of Africa" theory Securities unit trusts Do not bow to peer pressure Top-down investing is wise Preoperational stage (2-7 years)Finance lifestyle assets with excess funds Promote a rock-solid emotional backbone Time value of money Nurture and exploit your personal brand Programme the child's mind to be an inquiring one Take on debt, but with much thought Relationship between risk and return Appreciate the life-cycle consumption theory Investment vehicles Appreciate the significance of the risk-free rate Phase 1: 0-20 Formal operational stage (11-15+ years)Valuation of participation interests Retirement funds Element 6: price discovery Exchange traded funds Invest assets wisely Cash out and separate business risk from personal assets Learning outcomes Choose your career with care Modern portfolio theory Fundamental analysis (aka firm foundation theory) (security valuation)Risk and return Be quietly competitive Life-cycle of happiness Private equity funds Investment theories and maxims Foreign investments Diversification is critical The instruments (ultimate investments) of the ultimate borrowers Be aware of the principal-agent dilemma Concrete operational stage (7-11 years)Valuation of shares Investment instruments OTC and exchange-driven markets Phase 3: 40-60 Nurture relationships in business with like-minded people and avoid negatively-focused people Phase 4: seniority to exodus (60-80+) Efficient market hypothesis Risk and return: the record Never fall in love with an investment Behavioural finance theory Undertake a lifelong love affair with macroeconomics and the political environment Asset classes Bond market instruments Element 2: financial intermediaries Do not be led by technical analysis Underspend Element 1: lenders and borrowers Leave investing to the professionals Phase 3: maturity to seniority (40-60)Foreign exchange market Allied participants in the financial system Undertake one career and become accomplished at it Element 4: financial markets Property unit trusts

A short course of lectures«Investments: An Introduction»

A short course of lectures
«Investments: An Introduction»