TAILIEUCHUNG - Fundamentals Of Investments Charles Corrado Mcgraw Hill

Anyone can retire as a millionaire! Consider this: If you invest $2,500 per year while earning 12 percent annual returns, then after 35 years you will have accumulated $1,079,159. But with annual returns of only 8 percent you will have just $430,792. Are these investment returns realistic over a long period of time? Based on the history of financial markets, the answer appears to be yes. For example, over the last 75 years the Standard and Poor’s index of large company common stocks has yielded almost a 13 percent average annual return. The study of investments could begin in many places | CHAPTER 1 A Brief History of Risk and Return Anyone can retire as a millionaire Consider this If you invest 2 500 per year while earning 12 percent annual returns then after 35 years you will have accumulated 1 079 159. But with annual returns of only 8 percent you will have just 430 792. Are these investment returns realistic over a long period of time Based on the history of financial markets the answer appears to be yes. For example over the last 75 years the Standard and Poor s index of large company common stocks has yielded almost a 13 percent average annual return. The study of investments could begin in many places. After thinking it over we decided that a brief history lesson is in order so we start our discussion of risk and return by looking back at what has happened to investors in . financial markets since 1925. In 1931 for example the stock market lost 43 percent of its value. Just two years later the market reversed itself and gained 54 percent. In more recent times the stock market lost about 25 percent of its value on October 19 1987 alone and it gained almost 40 percent in 1995. What lessons if any should investors learn from such shifts in the stock market We explore the last seven decades of market history to find out. The primary goal in this chapter is to see what financial market history can tell us about risk and return. One of the most important things to get out of this discussion is a perspective on the numbers. What is a high return What is a low return More generally what returns should we expect from financial assets such as stocks and bonds and what are the risks from such investments Beyond 2 Chapter 1 this we hope that by studying what did happen in the past we will at least gain some insight into what can happen in the future. The history of risk and return is made day by day in global financial markets. The internet is an excellent source of information on financial markets. Visit our website at finance cjlinks for

• Quỹ đầu tư
• investment risk
• investment approach
• investment experience
• investment loans
• financial investments
• investors
• investment
• Financial risk manager
• Financial risk
• Financial manager
• Market risk management
• Credit risk management
• Integrated risk management
• Investment risk management
• Estimation errors of working capital
• Accrual quality
• Working capital
• Construction of investment risk measure
• Risk Analysis
• project risk
• project risk analysis
• evaluation of investment projects
• corporate finance
• Mining and energy sector
• Risk free assets
• Value at risk
• Portfolio optimization
• Quadratic investment portfolio based
• Investment Appraisalby
• Risk Analysis in Investment Appraisalby
• Investment Valuation
• Financial Analysts
• Business owners
• Business Brokers
• Pension Administrators
• Stockbrokers
• Market risks and operating risks
• Decision making process
• Capital budgeting and investment
• Acceptable risk level
• Market Risk and Firm Risk
• Investment Appraisal
• Principles
• world
• justice
• series
• law
• development
• corporate
• political
• risk
• trends
• perspectives
• Thesis summary urban management
• Urban development investment projects in Hanoi
• Urban development investment project
• The risk management
• Method of experts
• Master Thesis in Economics
• Thesis in Economics
• Risk Management
• Project Risk Management
• Project IPO
• Investment Bank
• Bank in Malaysia
• Individual behavioural of Equity Investors
• Individual investor’s preferences
• Risk tolerances and risk perceptions
• Investment decision making
• Number of investment instruments
• investment methods
• tips to find investors
• investment form
• risk securities
• investment analysis
• securities analysis
• investment tips
• financial services
• financial leasing
• financial analysis
• financial planning
• budget management
• financial accounting
• investment forms
• tips on finding investors
• Corporate finance and investment
• Financial management
• The financial environment
• Investment appraisal methods
• Investment strategy
• Analysing investment risk
• Political risk on FDI
• Simple linear regression
• Nigeria’s risk environment
• New empirical evidence
• Foreign direct investment
• Risk measure
• Investment portfolio
• Expected shortfall
• Spectral risk measures
• Distortion theory
• Summary of doctoral thesis
• Prevention and mitigation of credit risk at BIDV
• credit risk at BIDV
• Investment and Development of Vietnam
• First hand suggesting
• The credit risk in reality
• Risk managemant and Insurance
• Risk of public private partnership project
• The risk allocation
• The public private partnership project
• Technical infrastructure
• Present values
• Financial environment
• Quản lý
• rủi ro đầu tư
• quản trị
• The retirement rules
• investment vehicles
• property investment
• Managing risk
• Understanding investments
• Income tax
• Decision Rules