Fool and His Money: The Odyssey of an Average Investor

A Fool and His Money is the comic, firsthand account of a first-time investor who sets out to make his wildest money dreams come true. In a surge of optimism and enterprise, financial writer John Rothchild drops everything to devote an entire year to learning how to invest a modest sum of money. Motivated by a sincere desire to get rich, he undertakes his mission by systematically studying as much as he can about the markets and how they really operate. He fearlessly asks the most basic questions, observes the professionals at work, studies the newsletters, makes investments, and reports back on everything - including his own highly personal and often hilarious reactions. Rothchild also includes the hard-won bits of wisdom he calls his "25 Useful Tips" - which include such sage advice as "Never buy anything from a broker at an airport" - and his handy "Fool's Glossary, " which clarifies many of the technical terms used in the book.