Summary of Mike Piper's Investing Made Simple

Summary of Mike Piper's Investing Made Simple
Author :
Publisher : Everest Media LLC
Total Pages : 18
Release :
ISBN-10 : 9781669373315
ISBN-13 : 1669373312
Rating : 4/5 (312 Downloads)

Book Synopsis Summary of Mike Piper's Investing Made Simple by : Everest Media,

Download or read book Summary of Mike Piper's Investing Made Simple written by Everest Media, and published by Everest Media LLC. This book was released on 2022-03-31T22:59:00Z with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 Index funds are a type of mutual fund that mimic the performance of a specific index. They are designed to simply reflect the value of a group of investments. There are indexes that track just about everything, and more are being created every year. #2 Stocks, bonds, and mutual funds are all forms of investing. Stocks represent shares of ownership in a company. Bond investors seek to make money through the receipt of interest payments made by the borrower. #3 A traditional IRA is an investment account with some additional benefits and restrictions. When you contribute money to a traditional IRA, you usually get a tax deduction for the amount of the contribution. #4 There are restrictions on both the deduction you get for investing in your IRA and on your ability to withdraw money from your IRA. Any withdrawals before age 591⁄2 will be subject to an extra 10 percent tax.


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