Dear Classmates,
My reading has come along way since the beginning of the year. I feel I have dramatically improved my reading and writing abilities, due to reading. Even though I did not reach the forty book challenge, I still reached my goal in reading at least 15 books. In fact, I just broke 15 books by the end of the year. Also, throughout the school year, I have developed a new liking for science fiction books, as that genera takes up most of the books I have read this year.
The book I chose for my last letter essay was actually an informational book about stock investing. It is called… The Complete Idiot’s Guide To Stock Investing. This book contains 335 pages of words that I hardly understand, (Just kidding, I understand at least half of them). Anyway… I saw this book laying on a shelf in my basement, and thought it would be a good idea to pick it up, so I could complete my informational genera of reading. The authors of this book are Sarah Young, and Susan Shelly. These two people both have tremendous backgrounds in investing, and know the ins and outs to the stock market.
In the book, there are a number of topics, such as, The Great Depression, or Understanding Indexes. All of the chapters in this book are somewhat interesting, and each hold their own unique understanding of stocks. One of my favorite chapters of this book is chapter 1, part 14. This chapter goes into detail about all of the indexes to watch, and what each of them represent. I liked this chapter the most, because it backed up a lot of knowledge that I already had about stock indexes. Another chapter that also interested me was the part about the history of the stock market. This gave me a further understanding about how the market performed in the past, helping other traders predict the future.
One of my favorite lines in the book is this, “Don’t think the stock market is some, get rich quick scheme, because that’s not how it works.”
Now I already knew this, because I’m smart. But for other people, I hope this clarifies that stock investing is not an easy money maker. If you take the time to research what your investing, and play your cards right, sure you might make some money. Just don’t forget, some americans lose millions in the stock market, and never get it back.
Overall, I thought this was a great informational book. It gave me some knowledge about things that I have always wanted to learn about. I would recommend this book to anyone who is looking to explore the world of investing. I rate this book an 8/10, and sadly have to say, I would never read it again.
