| Introduction |
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1 | (6) |
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2 | (2) |
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4 | (1) |
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PART 1 PUTTING THE SHARE IN SHAREMARKET |
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Chapter 1 So, You Want to Invest in Shares |
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Investing Is All about Timing |
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Finding Out What a Share Is |
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Sharing the profit, not the loss |
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Understanding the market in sharemarket |
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Buying Shares to Get a Return |
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Investing carefully to avoid a loss |
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Making the Most of Share Investing |
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18 | (1) |
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18 | (1) |
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18 | (1) |
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19 | (1) |
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Chapter 2 Watching the market operate |
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Floating: The Primary Market |
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Understanding why companies float |
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26 | (1) |
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Trading: The Secondary Market |
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Finding the market action at ASX Trade |
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Buying and selling for everyone |
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Working with a go-between |
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34 | (1) |
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34 | (1) |
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Stepping into the Futures Market |
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PART 2 INVESTING STRATEGIES FOR SUCCESS |
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Chapter 3 Developing an Investment Strategy |
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42 | (2) |
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Giving yourself time in the market |
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42 | (2) |
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44 | (1) |
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44 | (3) |
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45 | (1) |
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46 | (1) |
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46 | (1) |
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Setting your risk tolerance |
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Setting your financial needs |
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47 | (1) |
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47 | (12) |
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50 | (1) |
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Trading on your portfolio |
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50 | (1) |
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51 | (8) |
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Chapter 4 Assessing Your Risk |
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59 | (40) |
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60 | (5) |
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The bad news: Risk is inescapable |
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62 | (1) |
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The good news: Risk is manageable |
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63 | (2) |
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Spreading the news: Risk increases your return |
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65 | (1) |
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65 | (31) |
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65 | (1) |
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66 | (4) |
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78 | (3) |
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81 | (1) |
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81 | (3) |
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84 | (3) |
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87 | (1) |
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87 | (2) |
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89 | (1) |
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89 | (1) |
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90 | (1) |
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91 | (4) |
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95 | (1) |
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96 | (3) |
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96 | (1) |
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96 | (1) |
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Charting dividend changes |
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97 | (1) |
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Gauging who's selling -- or buying |
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97 | (2) |
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Chapter 5 Eggs and Baskets |
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99 | (38) |
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100 | (2) |
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102 | (20) |
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105 | (11) |
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116 | (6) |
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Knowing How Many Stocks to Buy |
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122 | (7) |
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123 | (1) |
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124 | (3) |
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Evaluating second-liners v |
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127 | (2) |
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129 | (1) |
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Diversifying through Managed Funds |
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129 | (6) |
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Investing outside Australia |
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135 | (1) |
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Considering Alternative Investments |
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135 | (2) |
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PART 3 BUYING, BUYING, SOLD |
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137 | (2) |
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Chapter 6 Buying and Selling Shares |
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139 | (1) |
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140 | (4) |
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Setting the pace -- how the ASX trades |
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141 | (2) |
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143 | (1) |
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143 | (1) |
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143 | (1) |
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144 | (5) |
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144 | (2) |
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Utilising market depth information |
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146 | (1) |
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147 | (2) |
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149 | (1) |
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149 | (6) |
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Estimating the costs for trading |
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152 | (2) |
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Making the final settlement |
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154 | (1) |
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154 | (1) |
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Playing CHESS Isn't a Game |
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155 | (2) |
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Chapter 7 Knowing When to Buy and Sell Shares |
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157 | (26) |
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Getting Ready for the Action |
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158 | (5) |
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158 | (1) |
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159 | (1) |
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159 | (4) |
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163 | (7) |
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Using fundamental analysis |
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163 | (6) |
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Working with technical analysis |
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169 | (1) |
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170 | (5) |
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171 | (1) |
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171 | (3) |
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174 | (1) |
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175 | (1) |
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175 | (4) |
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179 | (2) |
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179 | (1) |
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Taking note of profit warnings |
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179 | (1) |
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179 | (1) |
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Capitalising on turnaround situations |
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180 | (1) |
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Being a contrarian investor |
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180 | (1) |
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Watching for insider activity |
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181 | (1) |
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181 | (2) |
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Minimising capital gains tax |
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181 | (1) |
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Selling to take a tax loss |
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182 | (1) |
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Chapter 8 Buying What You Know |
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183 | (34) |
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Acquiring Ordinary Shares |
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183 | (26) |
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184 | (3) |
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Looking at industrial and resources companies |
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187 | (22) |
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209 | (8) |
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209 | (3) |
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Retreating behind defensive stocks |
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212 | (2) |
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Cycling your way to recovery |
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214 | (1) |
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214 | (1) |
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Punting on speculative stocks |
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215 | (2) |
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Chapter 9 Buying Specialised Shares and Other Listed Products |
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217 | (16) |
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Looking at Listed Investment Companies (LICs) |
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218 | (3) |
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Engaging with Exchange-Traded Funds (ETFs) |
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221 | (9) |
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225 | (1) |
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226 | (2) |
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228 | (2) |
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Visiting the Hybrid Part of the ASX Zoo |
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230 | (3) |
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Considering exchange-traded bonds |
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231 | (1) |
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Moving with the mFunds market |
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232 | (1) |
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Chapter 10 Choosing Shares Wisely |
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233 | (18) |
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Selecting a Strategy That Works |
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233 | (3) |
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Sticking with your strategy |
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234 | (1) |
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Throwing darts as a strategy |
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234 | (1) |
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Giving your strategy time |
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235 | (1) |
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Playing it smart and safe |
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236 | (1) |
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236 | (1) |
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236 | (10) |
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Taking a mechanical approach |
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237 | (1) |
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Investing in a style to suit you |
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238 | (8) |
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Buying profits or buying blue sky |
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246 | (1) |
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Knowing When to Buy Resources |
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246 | (5) |
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Chapter 11 Why Share Prices Change |
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251 | (34) |
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Influences on the Price of a Share |
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252 | (15) |
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254 | (2) |
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Earnings, earnings, earnings |
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256 | (1) |
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257 | (1) |
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P/E expansion and contraction |
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258 | (2) |
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The tyranny of expectations |
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260 | (1) |
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Watching out for announcements |
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261 | (1) |
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Profits, expectations and `confession season' |
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262 | (5) |
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Judging quality of earnings |
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267 | (1) |
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The Economy as a Predictor |
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267 | (4) |
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271 | (7) |
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Boosting power of takeover bids |
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272 | (4) |
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Relying on rumours and tips |
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276 | (1) |
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277 | (1) |
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278 | (3) |
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279 | (1) |
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279 | (1) |
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279 | (1) |
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279 | (2) |
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Clocking Emotions and Biorhythms |
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281 | (1) |
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282 | (3) |
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Chapter 12 Working with Brokers |
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285 | (18) |
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286 | (1) |
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Stockbroking for Everyone |
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287 | (8) |
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288 | (1) |
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Going online -- or on the phone |
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289 | (6) |
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Choosing the Best Broker for You |
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295 | (2) |
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Fighting for full-service |
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296 | (1) |
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296 | (1) |
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297 | (1) |
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Interviewing for a Broker |
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297 | (6) |
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Making the most of full-service |
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300 | (1) |
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Forging a new relationship |
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300 | (1) |
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301 | (1) |
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Locating the ideal broker |
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301 | (2) |
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Chapter 13 Initial Public Offerings |
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303 | (40) |
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304 | (8) |
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306 | (1) |
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307 | (5) |
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Understanding the Prospectus |
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312 | (4) |
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Anatomy of a (Successful) Prospectus |
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316 | (11) |
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Getting an overview of the company |
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317 | (1) |
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Reading the chair's letter |
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318 | (2) |
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Getting the investment highlights |
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320 | (1) |
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Digesting the financial information |
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321 | (1) |
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Dealing with risk factors |
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322 | (2) |
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Checking out the key people |
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324 | (1) |
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The nuts and bolts of the offer |
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324 | (2) |
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Reviewing the independent experts' reports |
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326 | (1) |
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Searching for additional information |
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327 | (1) |
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Getting to the application form |
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327 | (1) |
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327 | (4) |
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329 | (1) |
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330 | (1) |
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330 | (1) |
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331 | (8) |
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The undemocratic world of allocations |
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331 | (2) |
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333 | (2) |
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335 | (4) |
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Placements and Rights Issues |
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339 | (4) |
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PART 4 DOING YOUR HOMEWORK |
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343 | (2) |
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Chapter 14 Crunching the Numbers |
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345 | (1) |
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345 | (2) |
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Working Out Liquidity Ratios |
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347 | (1) |
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347 | (1) |
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348 | (1) |
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Understanding Debt Ratios |
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348 | (3) |
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348 | (1) |
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349 | (1) |
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349 | (1) |
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350 | (1) |
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Using Profitability Ratios |
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351 | (2) |
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351 | (1) |
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352 | (1) |
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353 | (1) |
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Drawing on Performance Ratios |
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353 | (10) |
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Price/earnings (P/E) ratio |
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354 | (2) |
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356 | (1) |
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356 | (1) |
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357 | (1) |
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358 | (1) |
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358 | (1) |
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359 | (1) |
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360 | (1) |
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360 | (1) |
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361 | (1) |
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361 | (2) |
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363 | (1) |
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363 | (4) |
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363 | (1) |
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364 | (1) |
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364 | (1) |
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365 | (2) |
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Chapter 15 Following the Money Trail: Fundamental Analysis |
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367 | (20) |
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The Fundamentals of Fundamental Analysis |
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368 | (1) |
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Reading the Income Statement |
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368 | (2) |
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369 | (1) |
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369 | (1) |
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Finding Balance Sheet Bliss |
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370 | (4) |
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371 | (2) |
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373 | (1) |
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373 | (1) |
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374 | (1) |
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Examining the Statement of Cash Flows |
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374 | (4) |
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375 | (1) |
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Calculating net cash flow |
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376 | (1) |
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Factoring in quarterly cash flow reports |
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377 | (1) |
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Looking at a Case Study: XYZ Limited |
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378 | (9) |
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XYZ's fundamental details |
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378 | (3) |
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381 | (6) |
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Chapter 16 Charting the Intricacies of Technical Analysis |
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387 | (28) |
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Understanding Technical Analysis |
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388 | (1) |
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389 | (7) |
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389 | (1) |
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Stepping up to a bar chart |
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390 | (1) |
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Getting the point-and-figure chart |
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391 | (2) |
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Lighting the candlestick chart |
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393 | (1) |
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Charting with arithmetic and logarithms |
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394 | (2) |
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396 | (6) |
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397 | (3) |
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400 | (2) |
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402 | (11) |
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402 | (2) |
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404 | (1) |
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Identifying consolidation patterns |
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405 | (4) |
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Identifying reversal patterns |
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409 | (4) |
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Leaving the Charts Behind |
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413 | (2) |
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Chapter 17 Using Online Tools to Research Your Investments |
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415 | (20) |
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Making the Most of the Web |
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416 | (2) |
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Finding Investment Websites |
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418 | (11) |
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Getting information for free |
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418 | (4) |
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422 | (6) |
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428 | (1) |
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429 | (2) |
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Perusing the Podcast Pack |
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431 | (4) |
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Chapter 18 Taxing Matters |
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435 | (16) |
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Benefiting from Dividend Imputation |
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435 | (6) |
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Franking credits made easy |
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436 | (4) |
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440 | (1) |
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441 | (1) |
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Watching Your Capital Gains |
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441 | (2) |
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Calculating your liability |
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441 | (1) |
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Reducing the tax office's take |
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442 | (1) |
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443 | (8) |
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443 | (1) |
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444 | (1) |
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445 | (1) |
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Borrowing a tax deduction |
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446 | (1) |
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Keeping tax breaks in perspective |
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447 | (1) |
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447 | (3) |
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450 | (1) |
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PART 5 SHARES ARE FOR EVERYONE |
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451 | (2) |
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Chapter 19 Bankrolling Your Superannuation |
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453 | (1) |
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Dissecting Superannuation |
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453 | (3) |
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456 | (1) |
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456 | (2) |
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458 | (2) |
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460 | (1) |
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461 | (1) |
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Apportioning the super pool |
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462 | (1) |
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463 | (1) |
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Managing the nation's super |
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464 | (2) |
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466 | (2) |
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The Not-So-Super Part of Super: Fees |
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468 | (2) |
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Taking Control: Self-Managed Super |
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470 | (7) |
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471 | (2) |
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473 | (4) |
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Chapter 20 Investing in Overseas Shares |
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477 | (18) |
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477 | (9) |
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Investing in the mega-stocks |
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480 | (1) |
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Getting a bite of the FAANGs |
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481 | (1) |
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The passport to performance |
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482 | (2) |
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ETFs: Revolutionising offshore investing |
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484 | (2) |
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486 | (2) |
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Deciding the Best Way to Invest |
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488 | (7) |
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Going directly to the source |
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489 | (3) |
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Dealing with currency risk |
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492 | (3) |
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Chapter 21 The Exotic World of Derivatives |
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495 | (22) |
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Understanding Options and Warrants |
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496 | (11) |
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496 | (3) |
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Recognising the highs and lows of options |
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499 | (1) |
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Working through options transactions |
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500 | (7) |
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Trading in the World of Warrants |
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507 | (5) |
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Investing in trading warrants |
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507 | (1) |
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508 | (1) |
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509 | (3) |
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Graduating to Investment Warrants |
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512 | (5) |
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512 | (2) |
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Gearing into the dividend |
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514 | (1) |
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515 | (2) |
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Chapter 22 Leverage and Speculation |
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517 | (14) |
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Leveraging through Margin Lending |
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517 | (7) |
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518 | (5) |
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Borrowing against your shares |
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523 | (1) |
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523 | (1) |
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Sleep-friendly leverage: Protected loans |
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524 | (1) |
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Speculating with Contracts for Difference |
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524 | (7) |
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525 | (2) |
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527 | (4) |
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531 | (2) |
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Chapter 23 Ten Great Investors and Their Strategies |
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533 | (1) |
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Warren Buffett and Charles Munger |
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533 | (4) |
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537 | (1) |
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538 | (1) |
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539 | (1) |
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540 | (1) |
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541 | (1) |
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542 | (1) |
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|
|
543 | (1) |
|
|
|
544 | (3) |
|
Chapter 24 Ten Great Books to Read Next |
|
|
547 | (8) |
|
|
|
547 | (1) |
|
|
|
548 | (1) |
|
|
|
549 | (1) |
|
Where Are the Customers' Yachts? |
|
|
550 | (1) |
|
Common Stocks and Uncommon Profits |
|
|
550 | (1) |
|
The Battle for Investment Survival |
|
|
551 | (1) |
|
|
|
552 | (1) |
|
|
|
553 | (1) |
|
The Mining Valuation Handbook |
|
|
553 | (1) |
|
|
|
554 | (1) |
|
Chapter 25 Ten Great Sharemarket Crashes |
|
|
555 | (10) |
|
|
|
556 | (1) |
|
|
|
556 | (1) |
|
|
|
557 | (1) |
|
|
|
558 | (1) |
|
|
|
558 | (1) |
|
|
|
559 | (1) |
|
|
|
560 | (1) |
|
|
|
560 | (1) |
|
The Global Financial Crisis |
|
|
561 | (1) |
|
|
|
562 | (3) |
|
Chapter 26 Ten Great Australian Stocks |
|
|
565 | (18) |
|
|
|
565 | (1) |
|
|
|
566 | (2) |
|
|
|
568 | (1) |
|
|
|
569 | (1) |
|
Washington H. Soul Pattinson |
|
|
570 | (2) |
|
|
|
572 | (2) |
|
|
|
574 | (1) |
|
|
|
575 | (2) |
|
|
|
577 | (2) |
|
|
|
579 | (4) |
|
Chapter 27 Ten Things Not To Do, Ever |
|
|
583 | (8) |
|
Don't Think You Can Get Rich Quick |
|
|
583 | (1) |
|
Don't Underestimate Volatility |
|
|
584 | (1) |
|
Don't Be Panicked Out of Your Shares |
|
|
585 | (1) |
|
Don't Ignore Dividends (Especially Franked Ones) |
|
|
586 | (1) |
|
Don't Buy a Share You Know Nothing About |
|
|
586 | (1) |
|
Don't Expect Things to Stay the Same |
|
|
587 | (1) |
|
Don't Delay a Sale to Save Capital Gains Tax |
|
|
588 | (1) |
|
Don't Let Tax Drive Your Investment Decisions |
|
|
588 | (1) |
|
Don't Fret Over Lost Profit |
|
|
589 | (1) |
|
Don't Try to Time the Market |
|
|
589 | (2) |
| Glossary |
|
591 | (20) |
| Index |
|
611 | |
