Intro
Books suggested in 2017
Investing For Dummies by Eric Tyson
Description
The easy way to invest in your financial future In the world of investing, slow and steady wins the race. With this mantra in mind, trusted author and finance guru Eric Tyson is back with the latest edition of the #1 bestselling book, Investing For Dummies, to help you achieve your investment goals. Inside, he offers time-tested advice on how to develop a winning investment strategy that matches your abilities with your expectations – all the while ensuring you’re slowly and steadily growing your portfolio. No matter where you are in your investment planning, the recommendations and strategies in this popular and easy-to-follow reference offer everything you need to ramp up your portfolio. From the tax laws that affect investing decisions to the impact of the current political environment, this foolproof guide covers it all and gives you the confidence to invest like the pros. Develop and manage your portfolio in any market Choose investments that match your goals Navigate the world of online investing and robo advisors Whether you’re a millennial securing your first job, an employee rolling over a 401(k), a baby boomer looking to shore up your nest egg prior to retirement – or anywhere in between – all the sound investment advice you need is at your fingertips!
Recommendation by Felipe Chaulet, Senior Configuration Engineer at Luxoft:
The content of this book will help better understand the financial market, a subject that is present in a daily routine. With such knowledge, you’ll be able to deliver a better service. Start reading
Investing in Bonds For Dummies by Russell Wild
Description
Change up your investment strategy. Diversify with bonds! Stock, bonds, mutual funds—are all of these elements really necessary in your investment portfolio? Yes! Investing in Bonds For Dummies introduces you to the world of bond investment—and equips you to diversify your portfolio—through the concise and approachable presentation of the details surrounding this form of investment. This engaging text offers a clear, yet thorough take on the background of bond investment, helping you understand why it’s such an important part of a well-rounded portfolio. Additionally, the book explores bond returns, risks, and the major factors that can influence the performance of bonds. When it comes to diversifying your investment portfolio, most financial advisors recommend a strategy that mixes high- and low-risk options, allowing you to protect your investment without being too conservative. Depending upon your age, financial goals, and other key factors, the percentage of your portfolio made up of bonds may vary; however, it’s safe to say that bonds will play a role in your investment strategy. Understand how to buy and sell bonds and bond funds, and why it’s important to do so Measure the returns and risks that different bonds have to offer, preparing yourself to make educated investment decisions Diversify your investment portfolio by adding bonds to the mix Avoid common investment mistakes when navigating the world of bonds Investing in Bonds For Dummies can keep your investment portfolio from getting stagnant by showcasing why diversification with bonds is essential to a successful investment strategy!
Recommendation by Felipe Chaulet, Senior Configuration Engineer at Luxoft:
If your main tasks are strongly attached with bonds investment, the content of this book will help to understand better the subject and deliver a better service.
Inside Volatility Arbitrage: The Secrets of Skewness by Daniel Arbuckle
Description
Today’s traders want to know when volatility is a sign that the sky is falling (and they should stay out of the market), and when it is a sign of a possible trading opportunity. Inside Volatility Arbitrage can help them do this. Author and financial expert Alireza Javaheri uses the classic approach to evaluating volatility – time series and financial econometrics – in a way that he believes is superior to methods presently used by market participants. He also suggests that there may be “skewness” trading opportunities that can be used to trade the markets more profitably. Filled with in-depth insight and expert advice, Inside Volatility Arbitrage will help traders discover when “skewness” may present valuable trading opportunities as well as why it can be so profitable.
“To paraphrase Mark Twain, there are three kinds of risks: volatility, volatility of volatility, and the standard error of volatility of volatility. This comprehensive volume applies these fundamental concepts in providing an inside peek into the fascinating world of volatility trading and other sophisticated strategies. As such, this book will appeal to anyone whose lives are touched by uncertainty in the financial markets.” —Peter Carr, PhD, head of Quantitative Financial Research, Bloomberg LP Director of the Masters in Math Finance program, NYU “Understanding the volatility smile requires finding the appropriate model for stock evolution, fitting its parameters to observed option prices, and examining the consistency between implied evolution and true evolution. Alireza Javaheri’s book tackles all of these issues, with an especially comprehensive treatment of parameter estimation.” —Emanuel Derman, author of My Life as a Quant.
Recommendation by Dmitriy Malakhov, Senior Technical Expert at Luxoft:
This book will help you to understand Volatility Arbitrage better.