AN INVESTMENT PRIMER FOR NEW INVESTORS
A Step-by-Step Guide to Investment Success
by
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The boom-bust, inflation-deflation, bump about, is a normal consquence of the business cycle. Inflation is a result of disruptions in the money supply such that interest rates are an effect and not a cause of that change. I was born in 1941. Television got started then, labor negotiations began in earnest, Pearl Harbor was attacked and life expectancy was almost 63 years. Gasoloine was twelve cents per gallon, a postage stamp was three cents and sugar was about six cents per pound. The Red Ryder gun was a big Christmas item.
To see the ruinous effect of long term inflation simply look at the price of these items now compared to 1941. This horrid loss of pruchasing power is one reason for the world's growing disreard for the dollar as a reserve curency. Opportunity cost is a subject the author suggests is one necessary component of any financial decision.
One of the most interesting dilemmas in economics is the famous gun-butter problem as it relates to the allocaton of resources. This topic in most first year college courses in finance shows the difficulty governments face in providing necessary services to the people. Individuals face the same challenge in making decisions with limited funds as for instance when a retiree must choose between food and medicine.
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About the Book
This is the first non-fiction work by an existential author whose previous works chronicle the disorder in our world. Here Perry L. Angle brings his insight to bear on the changing financial landscape. The book is written as a guide for new investors to shortcut the intricacies of the financial learning curve and it offers an imaginative landscape complete with avoidance techniques to make the beginner aware of possible problems.
This primer reinforces the notion that complete evaluation of a selection involves both fundamental and technical analysis. The author worked as a stockbroker for many years and was an accomplished salesman and regional manager of a Fortune 500 company.
The reader will finish the text with a deep appreciation for this straightforward approach to a difficult subject and will be excited and eager to begin or continue the investment journey.
About the Author
The author worked as a stockbroker for over twenty years. He earned an MBA from Auburn University and was an accomplished salesman and regional manger of a medical division of a Fortune 500 company. Mr. Angle has previously published five other books including Prophet’s Way, The Butterfly Transport and three others dealing with existential themes. He and his wife Ginny have three children and live in Mobile, Alabama.