Summary of How to Buy Stocks

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How to Buy Stocks book summary


7 Overall

9 Applicability

5 Innovation

8 Style


In this eighth edition of Louis Engel’s classic stock market primer, former Merrill Lynch Vice President Henry R. Hecht adds updated information for contemporary readers. This critically acclaimed book provides a ground-level explanation of nearly every aspect of the stock market and investing, while also offering savvy investment principles. It introduces readers to common investment terms and provides a broad picture of stock investing. The book is well-organized and clearly written, as befits a traditional reference in the field. As the author says, “This is a book about how to make your money earn more money for you by investing it. It is not a book about how to make a fortune.” getAbstract recommends this manual to neophyte investors and anyone who wants to learn how to make sound long-term investments in the stock market.

In this summary, you will learn

  • How to decipher investment terminology
  • Why it’s wise to educate yourself before making an investment
  • Why investing in your government may be the safest bet of all

About the Authors

Henry R. Hecht is a former vice president and manager of editorial services at Merrill Lynch. He now works as a writer and an editorial consultant. Louis Engel, the original author of How to Buy Stocks, devoted his career to the investment trade.



The Basics
Do investment terms like “capital gains,” “venture capital” or “inverse yield curve” intimidate you? If so, you’re not alone. The sophisticated jargon of the investment trade has convinced many people that investing is too difficult to understand, deterring them from buying ...

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