NOTE: This edition features the same content as the traditional text in a convenient, three-hole-punched, loose-leaf version. Student Value Editions also offer a great value; this format costs significantly less than a new textbook. Before purchasing, check with your instructor or review your course syllabus to ensure that you select the correct ISBN. For Student Value Editions that include MyLab™ or Mastering™, several versions may exist for each title -- including customized versions for individual schools -- and registrations are not transferable. In addition, you may need a Course ID, provided by your instructor, to register for and use MyLab or Mastering platforms.
For undergraduate courses in Investments.
The core concepts and tools readers need to make informed investment decisions
Fundamentals of Investing helps individuals make informed investment decisions by providing a solid foundation of core concepts and tools. Smart, Gitman, and Joehnk use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep readers focused in each chapter. Readers leave with the necessary information for developing, implementing, and monitoring a successful investment program.
The 13th Edition uses a conversational tone to make the foreign language, concepts, and strategies of investing accessible to readers. With the help of examples throughout, readers learn to make informed decisions in order to achieve investment goals. The book focuses on both individual securities and portfolios, teaching readers to consider the risk and return of different types of investments and how to use this knowledge to develop, implement, and monitor goals.
Also available with MyLab Finance
MyLab™ Finance is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.
Fundamentals of Investing, 13th Edition is also available via Revel™, an interactive learning environment that enables students to read, practice, and study in one continuous experience. Learn more.
NOTE: You are purchasing a standalone product; MyLab™ Finance does not come packaged with this content. Students, if interested in purchasing this title with MyLab Finance, ask your instructor to confirm the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information.
If you would like to purchase both the loose-leaf version of the text and MyLab Finance, search for:
Fundamentals of Investing, Student Value Edition Plus MyLab Finance with Pearson eText -- Access Card Package, 13/e
Package consists of:
- 0134083725 / 9780134083728 Fundamentals of Investing, Student Value Edition
- 0134083938 / 9780134083933 MyLab Finance with Pearson eText -- Access Card -- for Fundamentals of Investing
Table of Contents
PART I: PREPARING TO INVEST
1. The Investment Environment
2. Securities Markets and Transactions
3. Investment Information and Securities Transactions
PART II: IMPORTANT CONCEPTUAL TOOLS
4. Return and Risk
4A. The Time Value of Money
5. Modern Portfolio Concepts
PART III: INVESTING IN COMMON STOCKS
6. Common Stocks
7. Analyzing Common Stocks
8. Stock Valuation
9. Market Efficiency and Behavioral Finance
PART IV: INVESTING IN FIXED-INCOME SECURITIES
10. Fixed-Income Securities
11. Bond Valuation
PART V: PORTFOLIO MANAGEMENT
12. Mutual Funds and Exchange-Traded Funds
13. Managing Your Own Portfolio
PART VI: DERIVATIVE SECURITIES
14. Options: Puts and Calls
15. Futures Markets and Securities
WEB CHAPTERS (at www.pearsonhighered.com/smart)
16. Investing in Preferred Stocks
17. Tax-Advantaged Investments
18. Real Estate and Other Tangible Investments