Fundamentals of Investing

The book is in new condition and got to me fast.

Contrary to what the Editorial Review above states, this textbook does NOT come with StockTrack. Fortunately, it comes with an excellent program -- OTIS, an Online Trading and Investment Simulator developed at Wharton, the world famous business school. The simulation program allows you to "buy" and "sell" a whole range of real securities, including stocks, bonds, mutual funds, EFTs and derivatives, so you can test out the investment concepts from the textbook. It's just like using a program like eTrade, except you don't use real money. You can test out your investment ideas, and the software tracks your portfolio value using real market data. The Gitman/Joehnk textbook itself is a fine textbook for someone who has not studied investment theory before, and is ideal for personal investors who want a solid foundation in the essential concepts, tools, and latest technologies they need to be successful.

Time for me to upgrade to the Seventh Edition! I used Fundamentals of Investing, Fourth Edition around 10 years ago in a college course at WCTC in Waukesha, WI. My instructor was a V.P. at a major brokerage house. It was one of the best and most rewarding college courses I ever took. We covered the entire book in one semester.As with any book, Fundamentals of Investing will please some and not others. This book lays the foundation for investing by covering topics such as stocks, bonds, insurance, and the like along with understanding the risks of each. This book is not a "get rich quick" self help book. You will not find "trendy ways" to invest, hence the title "Fundamentals of Investing."This book is where I learned Time Value of Money (TVM). Before I learned of TVM and investing, my retirement plan consisted of the value of my home and social security. Now I am well on my way to achieving my goal; retiring as comfortable as or better than I live now. If there is any social security when I retire it will be a bonus.On the whole, this book (including my 4th edition) is useful even as a reference to the investment process. I use it to refresh my understanding of the variety and types of securities. Others may disagree but this is my investment bible. It has paid for itself time and time again by reminding me of the basic "Fundamentals of Investing."You can remove a lot of risks to investing if you read and understand those investments in "Fundamentals of Investing."

This book although well written was disappointing because it only covers the fundamentals and the basics of investments and portfolios. I suppose I was looking for something more in depth and challenging and this wasn't the write book. But if you are looking to learn the basics this book seems like a good start.

Came recommended to me by a Senior VP of Investments at a large city securities group. Touted as the "bible" of the basics of investing, the market types, and everything needed to understand these markets today. If you need to learn about investing, this should be your ground zero...