Make Money Work For You--Instead of You Working for It

An invaluable primer to the world of investing Money Lessons from a Money Manager speaks directly to the individual who wants to manage their own investment portfolio just like a professional portfolio manager would. Written by portfolio manager William Thomason, this comprehensive guide provides professional investment advice on how to identify, research and ultimately purchase profitable investments. The book covers such subjects as fundamental analysis, understanding financial statements and financial ratios, when to buy and sell, portfolio construction and various investment strategies that readers can use to manage their own money just like a professional portfolio manager. Easy to read and informative, this book is a valuable resource for readers looking to take their first steps in the world of professional portfolio management for themselves.

Foreword ix Acknowledgments xi Introduction 1 Chapter 1 Getting Started: Setting Goals, Choosing Investments, Getting Information 5 Chapter 2 Understanding Financial Statements: Analyze Companies Like a Financial Analyst 39 Chapter 3 Calculate a Company’s Expenses, Earnings, Financial Ratios, and Profit Margins 63 Chapter 4 Fundamental Analysis: Assessing the Value of Potential Investments 95 Chapter 5 How the Pros Know When to Buy 123 Chapter 6 Investing Strategies You Can Use to Know When to Buy 143 Chapter 7 Know When to Sell 185 Chapter 8 Portfolio Management 101: Putting It All Together 213 More Than Just a Glossary 257 About the Author 275 Index 277