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First study of stock investment
First study of stock investment
Description
Book Introduction
Let's invest properly in stocks from the beginning.
The definitive introductory book on stock investing, covering everything from opening a stock account to investing in real-world situations!


When the market is rising, your assets will increase regardless of your investment skills.
However, it is not easy to maintain a good rate of return even when the market is falling or moving sideways.
In order to consistently generate profits without being affected by the changing market, it is essential to study and understand the principles of market operation.
Investing is risky when you act on instinct.

In fact, stock investment is not that risky if you invest according to the rules.
The reason many people fail in the market is because they don't study and choose the wrong approach.
When embarking on the path of investment, it is most important to find the right path through a good mentor or book.
The third book in the "First Study" series, "First Study of Stock Investment," is a great mentor and guide for beginners, helping them quickly resolve the confusion they face when making investment decisions.

Beginners who struggle with selecting or interpreting information will find this book, which contains in-depth explanations by the author, who has been participating in the market for 11 years and has consistently made profits, to be of great help.
Finding the right brokerage firm for you, HTS setup tips for investing, various stock trading strategies, understanding the essence of a company, chart components, dividend stock investing, ETF investing, and more—cover everything about stock investing in just one book, "Stock Investment: Beginner's Guide!"

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index
A step-by-step guide for smart investors, starting with the basics of recommendation letters.
Author's Note: The best starting point for developing investment fundamentals and mindset.

Chapter 1: How Much Do You Know About Stock Investment?

01 If you want to invest in stocks, do this first!
① What is stock investment?
② Why we should invest in stocks
③ Never-ending worries: direct and indirect investment
④ There are different types of stocks.
⑤ Stock market participants
02 Where to buy and sell stocks?
① Issuance market and distribution market
② Understanding stock indices
③ Stock markets in neighboring countries
03 Four Keys to Success in Stock Investment
① Various types of investments
② Biases and errors that ruin investments
③ Understanding the cycle
④ Reasonable target rate of return
[summary]
[A Valuable Experience to Share with Readers] 3 Things You Can't Fail at Stock Investment

Chapter 2 What you need to buy stocks for the first time

01 Stock Account and Trading System
① Choosing the right securities firm for you
② Open an account online or offline
③ Installing the trading system
02 How to set the most appropriate conditions for trading
① Creating a useful HTS screen for investment
② Chart components
03 Basic Rules of the Stock Market
① Stock market opening and closing times
② Stock market trading rules
[summary]
[A Valuable Experience to Share with Readers] The Best Way to Reduce Trading Fees

Chapter 3 Trading: Know This

01 Trading orders are not difficult once you know how.
① Understanding the household window
② Understanding the buy/sell order window
③ Types of buy and sell orders
④ Principles for concluding trading orders
02 Buying and Selling: There's More Than Just One Way
① Split purchase and split sale
② Water riding and burning
③ Cash ratio management
④ Loss limitation
[summary]
[A Valuable Experience to Share with Readers] How should I trade in a bear market?

Chapter 4: How to Choose Investment Stocks

01 Basic knowledge for stock selection
① Efficient market hypothesis and random walk theory
② Top-down and bottom-up methods
③ The triangle relationship between interest rates, exchange rates, and stocks
④ GDP and Buffett Index
⑤ Sector circulation, leading sectors and major shareholders
⑥ Supply and demand and performance
02 How to get the right information
① Public notices and flyers
② Sites where you can get information
[summary]
[A Valuable Experience to Share with Readers] Three Ways to Reduce Noise in the Stock Market

Chapter 5: How to Use Electronic Disclosure for Children

01 Knowing electronic disclosures will help you see the company.
① Electronic disclosure and business report
② Corporate textbooks and business reports
③ The truth hidden behind the announcement
④ Avoid delisted stocks.
02 The stock price moves when the number of shares changes.
① Steamed rice and potatoes
② The Three Musketeers of Stock-Linked Bonds
03 Judging the future of a company as its largest shareholder
① Shareholding disclosure
② Purchase and cancellation of treasury stock
04 How to know the business status before the performance announcement
① Acquisition of tangible assets
② Order announcement
05 Mergers and Acquisitions and Corporate Spin-offs
① Mergers and acquisitions
② Corporate division
[summary]
[A valuable experience to share with readers] Avoid risks by finding hidden liabilities in financial statements!

Chapter 6: Financial Statements Basics for Beginners

01 Financial statements are a company's report card.
① Why on earth should we look at financial statements?
② The Trinity of Financial Statements - Balance Sheet, Income Statement, and Cash Flow Statement
02 Understanding the Basics of Financial Statements
① Corporate health certificate and financial statements
② Asset items to carefully examine
③ Financial ratios in the financial statements
03 Understanding the Basics of the Income Statement
① Corporate performance report, income statement
② Indicators for finding good companies: operating profit margin and ROE
③ Various uses of PER
04 Understanding the Basics of the Cash Flow Statement
① Track the company's bloodstream and cash flow.
② Understand the company's status
③ Verify the reliability of the benefits
④ CAPEX and FCF
[summary]
[A Valuable Experience to Share with Readers] Cheap is expensive? Avoid value traps!

Chapter 7: Value Investing Like a Master Investor

01 Finding the Fair Value of a Company
① What is value investing?
② Advantages of value investing
02 The Father of Value Investing, Benjamin Graham
① Graham's two key concepts
② NCAV strategy
03 Warren Buffett, the Master of Value Investing
① Hold good companies for the long term.
② Aim only at balls that enter the strike zone.
04 Wall Street Legend, Peter Lynch
① Various investment types
② Invest in boring companies.
05 What do the investments of the masters have in common?!
[summary]
[A valuable experience to share with readers] How to select a company with growth potential

Chapter 8: Stock price trends can be seen in charts.

01 A chart that shows stock price trends at a glance
① Stock price history and charts
② Will you get on the running horse?
02 Candles and Charts
① Candles are trees, charts are forests
② Support and resistance, trends and breakthroughs
③ Signal of reversal
03 Moving average
① Support and resistance at the moving average line
② Convergence and Diffusion
③ Traps called Golden Cross and Dead Cross
04 Trading volume
① Trading volume is a lie detector
② Analysis of transaction entities and windows
05 Various auxiliary indicators
[summary]
[A Valuable Experience to Share with Readers] Connecting Charts and Performance

Chapter 9 Dividend Investments Better Than Bank Interest

01 Reasons for Dividend Investing
① Meaning of dividends
② Things you must know before investing in dividends
02 Dividend Investment Know-How
① The essence of dividend investing
② Various types of dividend investments
③ Reinvest dividends
03 Dividend Investment: Just Be Careful of This!
① Dividend investment, the best time
② The pitfalls of dividend yield and dividend payout ratio
[summary]
[A valuable experience to share with readers] What should I do when dividend stock prices rise?

Chapter 10: If investing in individual stocks is difficult, what about ETFs?

01 Uncovering the truth about ETFs!
① The evolution of passive investing
② Usefulness of ETF investment
02 Effectively Utilizing Various ETFs
① The secret behind the ETF name
② ETF by type
③ There are also risky ETFs.
03 ETF Investment: Just Be Careful of This!
[summary]

Chapter 11: What Every Investor Must Remember Before Investing

01 Let go of illusions and invest rationally.
① Pursue reasonable returns
② There is no special technique.
02 Buy good companies cheap and hold them for a long time.
① What is a good company?
② Buy cheaply
③ Hold for a long time
03 Start investing now
① Start investing in stocks right away, even for just one week.
② Look carefully at where your wallet is going.
③ Don't miss out on daily life

Bonus Chapter: How to Invest in Good Companies, ESG Investing

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Into the book
Investing in stocks is literally a double-edged sword.
If investors move in the right direction, the stock market will be a good friend that greatly helps them increase their assets. If investors move in the wrong direction, the stock market will be an enemy that causes great losses.
And investing in the right direction isn't as difficult as you might think.
---From the author's note

The reason so many people fail in the stock market is because they invest incorrectly, not because investing in stocks is inherently risky.
When invested correctly, stocks can be a powerful ally, not only protecting investors from inflation, but also providing capital growth that exceeds that.

---From "Chapter 1: How Much Do You Know About Stock Investment?"

When it comes to investing, it's very important to have a long-term investment mindset.
Even if I say this, it may be difficult for those without investment experience to empathize.
However, after buying and selling stocks a few times, you will probably soon have a similar experience to mine (the stock price falls after buying, and rises after selling).
Even at this point, I hope you'll recall what I said and consider the need to practice viewing changes in companies and stock prices from a longer-term perspective.
---From "Chapter 2 Things You Need When Buying Stocks for the First Time"

How should you trade in a bear market? The key is to avoid reducing your stock holdings after a significant decline has already occurred.
A falling stock price means the price has become cheaper.
There's a sale going on in the stock market, so you shouldn't sell it off.
This is the right time to buy.
Rather than selling your stocks in panic after the price has fallen tens of percent, you need to be able to overcome your fear and buy more stocks.

---From "Chapter 3 Trading, You Need to Know This"

Once you've thoroughly studied a company and decided to invest, you shouldn't be swayed by minor news unless it undermines your core investment idea.
And these corporate studies and key investment ideas don't come from watching the news.

---From "Chapter 4: How to Choose Investment Stocks"

You should also check for hidden and contingent liabilities.
A contingent liability is a liability that is not currently recognized as a debt, but may become a debt if a specific situation occurs in the near future.
This is not recorded as a liability on the financial statements, but can be confirmed in the notes to the financial statements. It is an item that must be carefully examined when investing because it can lead to a sudden deterioration in financial condition if certain circumstances arise in the future.
---From "Chapter 5 How to Use Electronic Disclosure for Children"

It's unfortunate that many investors, after experiencing failure with poor investment ideas based solely on price-to-book ratios (PER) and price-to-book ratios (PBR), hastily conclude, "Financial statements are useless," and stray down the wrong path. It's not that the PER is useless; it's that the PER alone is useless.

---From "Chapter 6: Financial Statements Basics for Beginners"

Surprisingly, the number of investors who purchase stocks after considering the fair value of a company is not as large as you might think.
What criteria can be used to determine a company's fair value? A company's value is determined by the money it owns and the money it earns.
To put it simply, value investing is making investment decisions based on whether the current stock price (market capitalization) is cheap or expensive compared to the money a company has and earns.

---From "Chapter 7: Value Investing Like a Master Investor"

In fact, there is no such thing as a perfect company, full of only advantages and benefits.
While considering both strengths and weaknesses in a balanced manner, the gap between value and price should be the foundation of investment, and avoid being overly obsessed with a few minor weaknesses.
And in this process, charts become a great auxiliary tool that effectively visualizes and conveys information about prices.
While it's not a good idea to have too high expectations about the charts, it's also not a good idea to be overly negative and dismissive about them.

---From "Chapter 8: The stock price trend can be seen through charts"

Long-term investing does not mean holding on to a company or stock for an extended period of time regardless of changes in its circumstances.
The biggest appeal of dividend investing is that when stock prices are stagnant for a long time, you can hold on while enjoying dividend income that is better than bank interest, and when stock prices rise, you can sell the stocks and make a decent capital gain.

---From "Chapter 9 Dividend Investments Better Than Bank Interest"


Investing in individual stocks requires a lot of study and skill, starting from the time you select the stock.
Therefore, for beginner investors, ETFs that diversify across the entire market rather than individual stocks can be an attractive investment alternative.
Even Warren Buffett, a master investor, advised his wife to invest 90% of her inheritance in an S&P 500 index fund if he were to pass away. ETFs and index funds that invest in the entire market are excellent investment choices.
---From "Chapter 10: If investing in individual stocks is difficult, what about ETFs?"

Publisher's Review
Let's finish it all in one volume! The third in the investment mentor series to help young people escape from poverty.
The Value Investment Research Institute's "Stock Judge" has stepped forward with "Stock Investment: A Beginner's Guide"!

The unique features of "Stock Investment: A Beginner's Guide" will blow away all your investment anxiety!


01 Completely detailed and thorough explanations using full-color diagrams and charts so that even complete beginners can easily understand.
02 Useful tips for investing, HTS search formula
03. Four Witches' Day? Round Figures? Cigarette Butt Investment? Bonus Investment Methods Only Those in the Know Know
04 The Appropriate Stock and Cash Holding Ratio That Beginner Investors Always Want to Know
05 The author's know-how for buying and selling stocks well
06 A clear standard for a good company as revealed by financial statements
07 More information about stock prices that the chart tells us
08 PER, PBR, and dividend yield required when deciding on dividend investment
09 The author's ETF recommendations for readers who are afraid of stock selection.
10 Appendix to ESG Investment, Which is Capturing the Attention of the Stock Market

Don't be fooled by rumors or expectations around you anymore!
The Most Complete Guide to Investing in Stocks: "Stock Investment for Beginners"


As the age range of individual investors expanded to include not only those in their 20s and 40s, but also middle-aged, elderly, and minors, the number of stock trading accounts has surpassed 50 million.
However, it remains unclear whether all market participants have achieved profitability in the booming market that has seen a large influx of retail investors since 2020.
Many individual investors still follow others when stock prices rise and then sell out in fear when prices fall. They trade solely based on rumors and expectations, so if they achieve high returns, they can only be considered lucky.
Individual investors are fundamentally inadequate to compete with institutional and foreign investors, who are armed with all sorts of information, sophisticated analysis, and specialized trading methods.
Failure to recognize the reality of stock investment on an uneven playing field like this and the wrong, defenseless investment methods can lead stock investment in a 'dangerous' direction.

"Stock Investment: A Beginner's Guide" is designed to help you learn how to find the right brokerage firm for you, set up useful HTS screens for investment, various stock trading strategies, understand the essence of a company and determine its value, and learn each element of a chart through a practical program.
Through this book, the author helps you transform from a defenseless investor into a warrior armed with your own weapons.
As you follow the author's detailed explanations, steeped in his expertise, you'll naturally find yourself establishing your own standards for stock investment.
However, for readers who are hesitant to participate due to the burden of the volatility of the stock market that the author guides, the book is designed to help them reduce their burden by investing in dividend stocks and ETFs.
For investors who are just starting to invest or who, through firsthand experience in the market, cannot shake the feeling that stock investing is risky, "Stock Investment: A Beginner's Guide" will be the best textbook on how to properly invest in stocks.

The definitive introductory guide that covers everything from setting up useful HTS screens for investing to establishing your own investment method!

Thanks to the stock market's repeated rises, awareness of investment has become more active, leading to the emergence of many books for beginners in the stock market.
For those just starting out in investing, there is no book more suitable than "Stock Investment: A Beginner's Guide."
This is because we have collected only the materials that are truly necessary from a beginner's perspective.
Having experienced all the turbulent conditions of the stock market while generating consistent profits for over 10 years, the author has carefully selected only the essential information and explained it so that it can be applied to actual investment.
We've selected only the core secrets that have yielded reliable profits so far.

The author narrowed the gap between theory and practice by using HTS to search for stocks by setting specific conditions such as 'market capitalization above a certain amount' or to sort data by only using necessary conditions such as 'PER' and 'PBR' to derive results.
Beyond simply buying and selling stocks, it offers a variety of trading methods and even provides solutions for managing the appropriate ratio of stocks to cash.
From crucial corporate information that must be verified through electronic disclosures to how to interpret specific figures obtained through financial statements to identify good companies, the author's helpful explanations will help readers turn the beginner's risk of being stranded in the sea of ​​information into an opportunity.

It also explains fundamental and technical analysis, demonstrating that while the difference between a stock's value and price can be an attractive investment incentive, it's not right to become obsessed with one method. It also details how charts can be used as a valuable supplementary tool to avoid the risks of such obsession.
We'll provide useful criteria for selecting dividend stocks to better your dividend investment than bank interest, and also explore how to manage dividends.
For those who still have difficulty selecting and trading detailed stocks, we also recommend ETFs that may be helpful.

Most smart investors go against the crowd!
Even if you don't have the latest information! Even if you have minimal seed money! How beginners can survive in the market.


"Short-term jackpot!" This investment technique doesn't exist anywhere else in the world, but it's the perfect catchphrase to sway the minds of novice investors unfamiliar with the markets.
The author, who has invested with the mindset that “with a long-term perspective and the use of compound interest, you can easily achieve wealth,” says, “There isn’t much in the stock market worth believing in, but it’s worth having at least one belief in compound interest.”
Based on this, I am confident that if you focus on avoiding losses rather than making big gains and pursue defensive trading, you will not experience failures that are so severe that you cannot recover, even if you are not fully prepared.

"If you try to stay cool when many people are intoxicated by rising stocks, and if you become passionate and pick out targets to buy when many people are despairing and discouraged by falling stocks, stock investment can be a good friend that greatly helps increase your assets." "Stock Investment for Beginners" fully embodies the author's serious and profound perspective on investment.
His guidance, which has been preaching stock investment methods through various media such as Naver Cafe's "Value Investment Research Institute," YouTube, and blogs, will greatly help even absolute beginners establish the right investment mindset and avoid the trap of making a lot of money in a short period of time, while selecting only the right information.
GOODS SPECIFICS
- Publication date: September 20, 2021
- Page count, weight, size: 388 pages | 828g | 170*235*30mm
- ISBN13: 9791191328295
- ISBN10: 1191328295

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