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Investing in Your 20s & 30s For Dummies Paperback – November 20, 2017

4.6 out of 5 stars 244 ratings

Start investing in your future now!

In order to build a retirement portfolio that is capable of covering expenses in your golden years, it's necessary to start saving while you're young. Many individuals realize the importance of investing early in life, but simply don't know where to begin.

Investing in Your 20s & 30s For Dummies provides emerging professionals, like yourself, with the targeted investment advice that you need to establish your own unique investment style. Covering everything from the latest tax laws to new and improved investing funds, this latest edition helps you evaluate assets and manage risk to invest money wisely, and monitor your progress.

  • Start building a nest egg for retirement
  • Invest based on your own financial situation
  • Understand investment lingo
  • Have the confidence to manage your money for life
  • Determine your investment timeline and goals

There's no time like the present to start investing. So, get started today!

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Editorial Reviews

From the Inside Flap

  • Build a nest egg for retirement
  • Invest based on your personal financial situation
  • Choose stocks, funds, and other investments with confidence

Start investing in your future now

Think it's impossible to invest when you're just starting out? Think again! Personal finance guru Eric Tyson shows you that it's not only possible but imperative to begin investing for your future while you're young. After all, the longer you're in the market, the more you can compound your returns and grow your portfolio. Covering everything from evaluating assets and managing risk to diversifying your portfolio, this updated guide offers the cutting-edge investment advice that you shouldn't be without.

Inside…

  • Understand investment options
  • Set return expectations
  • Minimize your taxes
  • Manage money market funds
  • Make sense of stocks
  • Try your hand at real estate
  • Secure income with bonds

From the Back Cover

  • Build a nest egg for retirement
  • Invest based on your personal financial situation
  • Choose stocks, funds, and other investments with confidence

Start investing in your future now

Think it's impossible to invest when you're just starting out? Think again! Personal finance guru Eric Tyson shows you that it's not only possible but imperative to begin investing for your future while you're young. After all, the longer you're in the market, the more you can compound your returns and grow your portfolio. Covering everything from evaluating assets and managing risk to diversifying your portfolio, this updated guide offers the cutting-edge investment advice that you shouldn't be without.

Inside…

  • Understand investment options
  • Set return expectations
  • Minimize your taxes
  • Manage money market funds
  • Make sense of stocks
  • Try your hand at real estate
  • Secure income with bonds

Product details

  • Publisher ‏ : ‎ For Dummies; 2nd edition (November 20, 2017)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 288 pages
  • ISBN-10 ‏ : ‎ 1119431409
  • ISBN-13 ‏ : ‎ 978-1119431404
  • Item Weight ‏ : ‎ 12.8 ounces
  • Dimensions ‏ : ‎ 7.3 x 0.8 x 9 inches
  • Customer Reviews:
    4.6 out of 5 stars 244 ratings

About the author

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Eric Tyson
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Eric Tyson is a best-selling personal finance book author and has penned five national best sellers. He is also the only author to have four of his books simultaneously on Business Week's business book bestseller list.

His Personal Finance for Dummies, a Wall Street Journal best-seller, won the Benjamin Franklin Award for Best Business Book of the Year. Eric's syndicated newspaper column is read by millions of readers weekly. He is a former columnist and award-winning journalist for the Sunday San Francisco Chronicle. His website, www.erictyson.com, rocketed into the top one percent of financial websites within its first year of operation.

Eric's work has been featured and quoted in hundreds of local and national publications and media outlets including Newsweek, The Wall Street Journal, Los Angeles Times, Chicago Tribune, Forbes, Kiplinger's Personal Finance Magazine, Money, Worth, Parenting, USA Today and on the NBC Today Show, ABC, Fox News, CNBC, PBS Nightly Business Report, CNN, and on CBS national radio, NPR's Marketplace Money and Bloomberg Business Radio. He's also been a featured speaker at a White House conference on retirement planning.

Tired of working as a management consultant to Fortune 500 financial service firms which more interested in maximizing short-term profits than in providing sound financial products and services, Eric founded in 1990 the nation's first financial counseling firm which works exclusively on an hourly basis. He started his new company with a simple mission: to provide objective, cost-effective personal financial advice, especially to non-wealthy Americans. Through family and friends, Eric had seen many otherwise intelligent people make horrendous mistakes in managing their money, in part, because the failure of our schools and colleges to teach personal finance.

In addition to his counseling work, Eric also hoped to make an impact in the writing and media fields. Much of the personal finance writing and reporting he saw and heard was biased, jargon-laden and, in some cases, filled with bad advice. For example, rather than telling people the hard truth - that one must live within one's means as a prerequisite to building wealth - many publications offer up hyped and unrealistic "get rich without making sacrifices or taking risk" type approaches.

In addition to his writing and counseling, Eric also taught the nation's most highly attended personal financial management course at the University of California. He has spoken at many corporations and non-profits. His educational background includes having earned his bachelor's degree in economics at Yale and an MBA at the Stanford Graduate School of Business.

Eric is the only best-selling personal finance author who has an extensive background as an hourly-based financial planner and who does not accept speaking fees, endorsement deals or fees of any type from companies in the financial services industry or product or service providers recommended in his articles, books and his publications.

Customer reviews

4.6 out of 5 stars
244 global ratings

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Top reviews from the United States

  • Reviewed in the United States on November 25, 2018
    Covers a lot of basics that are easier to use and understand. I like the it's the same author as the general investing for dummies book. They're very similar but this one makes more sense for if you're just getting started with your career
    8 people found this helpful
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  • Reviewed in the United States on April 3, 2021
    Investing is an important thing for a young adult to learn about. This is the perfect book for that.
    3 people found this helpful
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  • Reviewed in the United States on July 16, 2019
    Give this book as a gift and require a book review and a one-year review of activities. Excellent!
    One person found this helpful
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  • Reviewed in the United States on November 13, 2019
    Definitely good for young adults learning about finances!
    3 people found this helpful
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  • Reviewed in the United States on February 28, 2018
    Amazon Vine Customer Review of Free Product( What's this? )
    My impression on this book is it is it typical Dummies style book And that it explains things in a very basic level without being patronizing. Are used to hate the name of the series thinking that it was an insult but they don’t write to make you feel stupid they just explain everything in effective ways that helps a newbie understand. We I’m ready number in the series on all different topics. I skimmed this over and liked it, my husband who is an investor for his career thinks the book is fantastic. My son who is 20 is interested in finance and the stock market and reads about those topics for fun. He is now reading this book and said he likes it and it’s just like I said, just like other dummies books where it explains everything well and does not use too many words, it explains in just the right amount that you can understand it. Rating 5 stars = Love It.
    8 people found this helpful
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  • Reviewed in the United States on May 13, 2018
    Amazon Vine Customer Review of Free Product( What's this? )
    I picked this book up for a few reasons, one was to read it to see if it had enough detail to get my sons interested in their long term money outlook. Another reason was curiosity, I am a trader, so I am always interested in what the media is telling investors and wanna-be investors. Or as I like to call them, the people who are buying when I am selling at a profit.

    Overall this is another good, basic book in the "for dummies" category. I have been a fan of these books for a while. They are usually informative, they cover the absolute basics of a topic, and some of them are pretty funny which keeps you reading.

    This book covers, in a basic fashion, many investing options for inexperienced individuals. While that sentence may seem a bit negative, we all have to start somewhere. This book is a good starting point. It covers many stock, bond, mutual fund, real estate, etc, types of investments. Also goes into some of the tax consequences in very general detail. Since those laws change, consult a tax advisor before making some decisions.

    I have a couple of problems with the book when it comes to getting out of a investment (trade) and also with the very negatively biased definition of short term trading.

    1. Why is there talk of buying stocks, funds etc, but no talk at all of stop-losses? Anyone, in my opinion, that buys a stock, mutual fund, or anything else, needs a stop-loss. A stop-loss order is the spot where you exit the trade or investment at the point where it proves your analysis is wrong. "Buy and hold because it will eventually return" is some of the dumbest advice the financial industry has ever given to the majority of investors.

    2. The book gives a single paragraph to "short term trading." It starts with "Unfortunately (for themselves), some investors track their stock investments closely and believe that they need to sell after short holding periods - months, weeks, or even days." ??? Really? While the majority of my stock holdings are in the holding period of hours or days, I do have some that I hold for many months. If they keep going in my direction I continually move up my stop-loss to lock in profits in case the stock price decides its time to correct a bit. A process in which I make a lot of money.

    The author talks about a "foolish process known as day trading" and says it is gambling. He says if you hold the stock for only a few hours or a few months, then you are gambling. I find it hysterical that holding a stock for a few hours or months and selling it at a profit is gambling, but holding it for a few years and hoping you are making money is investing? Obviously we have a difference of opinion on how to make money. That is fine, there are plenty of ways to make money in the financial world, you just have to find what works for you. This book may help you as a starting point.
    28 people found this helpful
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  • Reviewed in the United States on September 19, 2018
    Amazon Vine Customer Review of Free Product( What's this? )
    I've read a fair amount of investment books. This one is just about average. Good basic information for the beginning investor. I liked the author's other book, money management for 20 and 30 somethings. This is really only OK. What I really didn't like is his frequent referrals to his personal website for more information. However, everytime I went there, it required that I sign up for the "more information." Definitely a put off.
    27 people found this helpful
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Top reviews from other countries

  • Aztec Decks
    4.0 out of 5 stars Kinda basic
    Reviewed in Canada on November 8, 2020
    Pretty basic info, most of which can be found in a few google searches. But I guess that's the same for any sort of book/information these days. Regardless, a decent read for beginners (like me)