Shopping for Shares The Everyday Woman's Guide to Profiting from the Australian Stock Market

In Shopping for Shares Tracey Edwards shares the strategies that have allowed her to leave her full-time job and support herself financially from her investments. Starting with only a small amount of money and gradually building it over time, these principles can be used by anyone, easily and successfully. Shopping for Shares guides the beginner through the steps of choosing, buying and profiting in the Australian stockmarket. Tracey Edwards covers everything in a simple conversational style from how to budget to buy your first lot of shares, whether to hold long term or short term, to how to know when to sell either for profit or if the share turns bad. With more and more women wanting to take control of their finances, many are looking at investment opportunities, such as share trading, to increase their net worth. As a result, the rise in the number of women entering the stock market over the last decade has been phenomenal. According to the ASX, over 40 per cent of Australian women own shares either directly or through managed funds almost double the number of women investors since 1997. Tracey Edwards is one of these savvy female investors and in Shopping for Shares she lets you in on her secrets for selecting, buying and profiting on the Australian stock market. Inside, you'll learn about: how much money you need to start investing it s less than you think! making that first investment and the thrill of being a shareholder whether you are better suited to long-term or short-term investing (or both) how to research a company quickly and easily when to buy and when to sell step by step secret strategies to avoid losing all your money how you, too, can be a savvy investor! The updated 2011 version for Shopping for Shares will include two brand new chapters and updated text, graphs and images throughout the remaining book. Shopping for Shares is the essential girls guide to get you choosing, buying and profiting from the stockmarket. First published in July 2006, Shopping For Shares is one of Wrightbooks best-selling titles.

In just five short years Tracey Edwards went from having zero savings to having enough money to give up her boring nine-to-five office job. Tracey has now been profitably investing for over ten years?even during the GFC. Her books Shopping for Shares and $0 to Rich have helped women learn the ?rules? of investing and gain the confidence to control and grow their finances.

Chapter 1 Why the stock market? 1

Chapter 2 How do I start? 17

Chapter 3 Are you a long-term or short-term girl? 45

Chapter 4 Investing for the long term 57

Chapter 5 Investing for the short term 83

Chapter 6 Taking the fi rst step 124

Chapter 7 Yay! My shares went up! 134

Chapter 8 Help! My shares went down! 151

Chapter 9 Borrowing to invest 164

Chapter 10 Options, warrants and futures 175

Chapter 11 Further study 187

Chapter 12 FAQs 196

Conclusion 206

Index 209