Fundamentals of Investing

For undergraduate courses in Investments.

The core concepts and tools readers need to make informed investment decisions

Fundamentals of Investing helps individuals make informed investment decisions by providing a solid foundation of core concepts and tools. Smart, Gitman, and Joehnk use practical, hands-on applications to introduce the topics and techniques used by both personal investors and money managers. The authors integrate a consistent framework based on learning goals to keep readers focused in each chapter. Readers leave with the necessary information for developing, implementing, and monitoring a successful investment program.

The 13th Edition uses a conversational tone to make the foreign language, concepts, and strategies of investing accessible to readers. With the help of examples throughout, readers learn to make informed decisions in order to achieve investment goals. The book focuses on both individual securities and portfolios, teaching readers to consider the risk and return of different types of investments and how to use this knowledge to develop, implement, and monitor goals.

Also available with MyLab Finance

MyLab™ Finance is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts.

Fundamentals of Investing, 13th Edition is also available via Revel™, an interactive learning environment that enables students to read, practice, and study in one continuous experience. Learn more. 

NOTE: You are purchasing a standalone product; MyLab Finance does not come packaged with this content.

If you would like to purchase both the physical text and MyLab Finance search for:

013440839X / 9780134408392 Fundamentals of Investing Plus MyLab  Finance  with Pearson eText -- Access Card Package

Package consists of:

• 013408330X / 9780134083308 Fundamentals of Investing
• 0134083938 / 9780134083933 MyLab  Finance  with Pearson eText -- Access Card -- for Fundamentals of Investing

PART I: PREPARING TO INVEST         

1. The Investment Environment

2. Securities Markets and Transactions         

3. Investment Information and Securities Transactions

PART II: IMPORTANT CONCEPTUAL TOOLS

4. Return and Risk           

4A. The Time Value of Money

5. Modern Portfolio Concepts     

PART III: INVESTING IN COMMON STOCKS

6. Common Stocks

7. Analyzing Common Stocks

8. Stock Valuation

9. Market Efficiency and Behavioral Finance

PART IV: INVESTING IN FIXED-INCOME SECURITIES

10. Fixed-Income Securities

11. Bond Valuation

PART V: PORTFOLIO MANAGEMENT

12. Mutual Funds and Exchange-Traded Funds      

13. Managing Your Own Portfolio

PART VI: DERIVATIVE SECURITIES

14. Options: Puts and Calls

15. Futures Markets and Securities

WEB CHAPTERS (at www.pearsonhighered.com/smart)

16. Investing in Preferred Stocks

17. Tax-Advantaged Investments

18. Real Estate and Other Tangible Investments