Shyam Bahadur earned a PhD in Mechanical Engineering from the University of Michigan, Ann Arbor. He was the Professor of Mechanical Engineering Department at Iowa State University, Ames for about forty years. In recognition of his professional excellence, he was recognized as the University Professor and the Fellow of ASME and ASTM professional societies. This book is an offshoot of his extensive knowledge and experience in investing.
The book leads a beginner to the understanding of investments such as stocks, bonds, mutual funds and exchange traded funds. It introduces the basics of stock market, such as the different types of stocks, stock market indexes, stock market exchanges, and the procedure for opening the brokerage account and trading stocks. Along with the measures of stock valuation, it looks at the financial statements of companies. It discusses the procedure for the evaluation of stocks and provides examples related to the selection of stocks from the financial data available in the literature. This background leads to the discussion of mutual funds and exchange traded funds.and the development of investment porfolios.