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Reviewed by Tammy Ruggles for Readers' Favorite
How to Invest in Stocks: A Beginner's Guide to Making Money and Managing Risk in the Stock Market by Rodolfo Tello is the quick, basic guide you need to get acquainted with investing in stocks. Not really a deep dive--more like an overview, which is what beginners need--this lean book is packed with all the valuable advice you need to launch yourself into the world of stock market investment. Novice investors often feel challenged by it all, and no one wants to make a devastating mistake with their money and their future. To some, investing sounds a lot like gambling in Vegas, and they avoid it. If only you had the right guide, one that cuts away all the clutter and lingo and tells you simply what you need to know. This is where Tello comes in. Investing in the stock market can be an amazing way to build wealth long-term, something that will last a lifetime. Investing now can lead to security in the future and your family's future.
Even if you know next to nothing about stocks, you will learn so much about investing, like how it all works, what influences the stock market prices, the various ways to invest, how to guard your initial investment, how to prepare yourself for the ups and downs, how to study stock performance, and how to tweak your own method of investing. There is even investor psychology that you need to know about. I like the author's one-size-doesn't-fit-all approach to personal investing. My favorite part is that he explains the risks involved and how to prevent mistakes that will cost you dearly. The language is easy, the advice practical, and as you read and learn, you begin to realize that investing is something you can do. Readers will benefit from real-life examples, like Amazon, and the terms and definitions related to the stock market, like cryptocurrencies, Bitcoin, trends, cycles, etc. There are a few charts to illustrate some of the points and a list of resources at the book's end. If you're looking to improve your finances and you think investing is something you'd like to try, make sure one of your resources is How to Invest in Stocks by Rodolfo Tello.