Fundamentals of investing / Scott B. Smart, Chad J. Zutter.

Includes bibliographical references and index.

PART ONE: PREPARING TO INVEST 1. The Investment Environment 2. Securities Markets and Transactions 3. Investment Information and Securities Transactions PART TWO: IMPORTANT CONCEPTUAL TOOLS 4. Return and Risk Appendix 4A. The Time Value of Money 5. Modern Portfolio Concepts PART THREE: INVESTING IN COMMON STOCKS 6. Common Stocks 7. Analyzing Common Stocks 8. Stock Valuation 9. Market Efficiency and Behavioral Finance PART FOUR: INVESTING IN FIXED-INCOME SECURITIES 10. Fixed-Income Securities 11. Bond Valuation PART FIVE: PORTFOLIO MANAGEMENT 12. Mutual Funds and Exchange-Traded Funds 13. Managing Your Own Portfolio PART SIX: DERIVATIVE SECURITIES 14. Options: Puts and Calls 15. Futures Markets and Securities WEB CHAPTERS 16. Investing in Preferred Stocks 17. Tax-Advantaged Investments 18. Real Estate and Other Tangible Investments

For undergraduate investment courses.The core concepts and tools students need to make informed investment decisionsFundamentals of Investing uses practical, hands-on applications and examples to introduce the topics and techniques used by both personal investors and money managers. The text focuses on both individual securities and portfolios, teaching students to consider the risk and return of different types of investments and how to use this knowledge to achieve financial goals. A consistent framework centered around learning objectives keeps readers focused in each chapter while a conversational tone makes the language, concepts, and strategies accessible to students. With new topics and features added to the 14th Edition, Global Edition, the text remains up-to-date and relevant, so students leave the course equipped to develop, implement, and monitor a successful investment program