PCCLOSEOUT

Do you play tennis? If so, you’ve had to learn a few new terms and concepts to play the game—set point, double fault, and so on. If you play golf, same thing—par and eagle. To cook, you need to learn about basting, sauteing, reductions.
There’s also a language of money, and by the time you finish this book you will know it.
You must invest, whether in your 401(k) or on your own, and the more the better. After you finish reading this section, by trusting yourself, you will know which kinds of investments are right for you. The decision remaining will be whether you want to invest on your own or whether you want to go with an adviser. Again, this is a decision you will reach by trusting yourself.
My own opinion is that most people have more than it takes to invest on their own, and never before has it been easier. If you are computer literate, the information sources on America Online, Prodigy, CompuServe, and the World Wide Web are extensive and accurate. If you’ve never tried it, I urge you to explore the financial networks on the computer just to see what you can find: chat rooms about investing, message boards where people post investments they’ve made and how they’ve done, featured interviews with various managers of good mutual funds, and much more. You can learn a lot this way and, just as important, really begin to feel much more comfortable in the world of money.
If you don’t have a computer, for starters, and there are plenty of general-interest money magazines out there. Even the newsweeklies have personal finance columns, and in most cities there are financial shows on the all- talk stations. Eavesdrop on the world and language of money, and pretty soon you’ll know you belong.
The price of admission to the world of money is lower than you might think and, especially with the onset of mutual funds, the easiest and safest way to create your own fortune, here’s what they talk about inside.