Includes bibliographical references and index.

Part 1 The investment environment: the role and scope of investments; investment markets and transactions; online investing, information, and trading. Part 2 Conceptual tools for investors: investment return and risk; modern portfolio concepts. Part 3 Investing in common stock: common stock investments; analytical dimensions of stock selection; stock valuation and investment decisions. Part 4 Investing in fixed-income securities: bond investments; bond valuation and analysis; preferred stock and convertible securities; Part 5 Portfolio management: mutual funds - using professional managers; administering your own portfolio. Part 6 The role of derivative securities: options - puts, calls, and warrants; commodities and financial futures.

This text examines the fundamentals of investing, including basic concepts, specific investment vehicles, online investment, portfolio applications, and the topic of derivative securities. This edition also includes links and web exercises, focusing on the global aspects of investing.