Books : It's Your Money: The E*TRADE Step-by-Step Guide to Online Investing
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Dewey Decimal Number: 332.63202854678
EAN: 9780066620039
ISBN: 0066620031
Label: Collins
Manufacturer: Collins
Number Of Items: 1
Number Of Pages: 240
Publication Date: July 01, 2000
Publisher: Collins
Release Date: June 20, 2000
Sales Rank: 424271
Studio: Collins
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Editorial Review:
Product Description:
It's your money -- why not take control of it? Here's the definitive guide to investing and managing your money online. This easy-to-use guide covers everything from getting online to Wall Street fundamentals to researching and investing in stocks, bonds, mutual funds, options, and IPOs online. It's a must-read starter kit for anyone who's thought about managing his or her money online.
Amazon.com Review:
If you're curious about investing but have been too afraid to try, or if you've wondered about the hype surrounding online trading but were unsure how to plug in, It's Your Money is for you. In it, Christos Cotsakos--the man who put online trading on the map--leads you step-by-step into the brave new world of Internet trading. The book begins literally at the beginning, with criteria for buying a computer and selecting an Internet service provider, moves on through investment basics, and finally offers sophisticated strategies for analyzing individual stocks. Ever wondered what the NASDAQ was but didn't want to show your ignorance? Or day trading? Read on. In a clear, conversational style, Cotsakos answers all the key questions, from what growth stocks are, to why bonds are really not boring, to the difference between front-end and rear-end loads (mutual funds, that is).
Once you've grasped the basics, you're on your way to opening your own Internet trading account. The beauty of managing and investing money online is that you can be your own "professional fund manager" (which gives you more power over your money--the author's primary goal here). Cotsakos explains how to research investment opportunities using the World Wide Web, and how to analyze and interpret what you've found in order to meet your own goals. He shows how to take advantage of such online perks as portfolio tracking and computer alerts for important changes in particular investments. And he introduces advanced topics for the braveheart investor--IPOs, day trading, and extended-hours trading. The Cotsakos approach is nevertheless a prudent one. The emphasis is on using the computer's analytical tools to create a well-conceived financial plan, rather than on simply learning how to ride the helter-skelter world of day trading, for example. As a primer for investing online, this book is a great resource. Be forewarned, however: Cotsakos does take every opportunity to mention his own financial-services company, E*Trade. There are others out there, so take a leaf out of his own book and do your research--online, of course--before you sign up. --Lesley Reed
Average Rating: 

Rating:
- Good for 2000 - But Now It's The Year 2008Most of this book is hopelessly outdated now (it was published in 2000), but I still found some of the book useful and interesting, especially the author's detailed and plain-English explanation of options and margin trading.
Reading the book reminded me of how exciting it was to be around in the dot-com days, to be young and have so much information so easily available, with the click of a mouse. I miss those years.
Rating:
- Initial ImpressionI just received this book in the mail and opened it up. I am a little disappointed the book I received is a "First Edition" where the copyright is 2000. If I understand this correctly, the information in the book is "as of the 2000"; eight years ago.
I bought this intending to use it along with my recently opened E*Trade account. I now expect there to be significant differences between what the book is showing and what the current E*Trade website looks like. If the book is just sticking ... Read More
Rating:
- Nothing to gain by reading thisAs others have stated the book is little more than a 200 page advertisement for e-trade.
I read the book because I know very little about investing in the stock market and I would like to learn.
Even as god awful new to the stock market I am, I learned almost nothing from the book. Many of his descriptions of the way things are "Why do companies go public?" were oversimplified to the point of being wrong.
I went into the book with a bunch of questions and left ... Read More
Rating:
- An Advertisement for E*TRADEThis book was completely unfulfilling. It's hard to imagine a book that could be less useful for investors. Perhaps Costakos assumes that his potential customers are simpletons who don't know how the Internet works. Even so, his consistent proselytizing for his own online brokerage will annoy both neophytes and experienced traders alike.
Rating:
- Great for first time E*Trade investersThis book gives you the nuts and bolts about trading and investing on E*Trade. It also covers investment tips and references to use, such as margin trading. The book does not tell you what to invest in but how to manage your own money. Great starter book for E*Trade investers and investors who think they know what they are doing but do not.
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