Praise for "Break Down Your Money": 'Tracy Byrnes writes like she speaks on FOX - clearly, passionately, and yes, lovingly. She is that rare expert who helps enrich your portfolio and your soul. You can do both, and Tracy shows you how. Others talk about what your goals should be. For the first time, finally, someone who shows you how to reach them in finances, and in life' - Neil Cavuto, FOX News Channel, FOX Business Network. '"Break Down Your Money" is unique-smart, wisecracking market insights. You'll learn and laugh, a lot' - Dan Colarusso, Managing Editor, "Conde Nast Portfolio.com". 'Tracy Byrnes is truly one of the best at helping investors get a grip on their finances. In "Break Down Your Money", she delivers on that promise so eloquently - with the kind of bite-size information and entertaining flair that makes her a TV standout. This is one money book you won't want to put down' - Jennifer Openshaw, author, "The Millionaire Zone", host of ABC Radio's Winning Advice.'Being in the financial business, I have read plenty of books about the markets, and would never use the word 'fun' to describe any of them. Until now. Tracy paints a colorful picture of the markets. Her book is an entertaining, well-informed, fun read for the expert and the novice alike' - Steven Grasso, Floor Governor at the NYSE, Managing Director, Stuart Frankel & Co. 'Tracy offers a comprehensive walk through the basics of finance in an easy-to-understand manner. A great read!' - Todd Harrison, founder and CEO, Minyanville Publishing and Multimedia, LLC.'As a money manager, university professor, financial writer, and frequent media guest, I am constantly challenged with the objective of explaining complex concepts to an audience that is trained to focus on sound bites and instant messages. You have to boil down these complex concepts to a quick and digestible form accented by down-to-earth language and humor when necessary.
Foreword.Acknowledgments.Introduction.Part One. Be an Owner, Not an Employee.Chapter 1. To Market To Market, to Buy a... What?So What Exactly is the Stock Market?Buy a Stock and Become a Restaurateur.Look to the Indices for the Scoop on the Market.Wrap Up.Chapter 2. The Lamborghini Murcielago LP640 Roadster.A Lifetime of Dividends.The Derivation of Dividend.Dissecting a Dividend's Date.Rev the Engine with Some Ratios.Drive through the Financials.It's All About the Little Things.Get To Know a DRIP (Dividend Reinvestment Program).What's a DRIP?Of Course, the Company Benefits Too.So How Do You Find a DRIP?DRIP Downers.Wrap Up.Chapter 3. Bond, James Bond.Bond with the Family.The Mature Bond.A Bond's Yield.Wrap-Up.Chapter 4. Mutual Funds and ETFs.For Folks on the Go.Mutual Funds: Funds for Kegs.Mixing in Exchange-Traded Funds.Wrap-Up.Part Two. Look under the Hood.Chapter 5. Navigating the Financial Statement.Your CliffsNotes Guide.Find the Financials (Hint: They're in the Annual Report).Where to Begin.Wrap Up.Chapter 6. Auditing Your Potential Investment.Open the Company Checkbook: The Balance Sheet.Check the Company Report Card: The Income Statement.Wrap-Up.Chapter 7. Cash Is the Real Deal. Earnings Reports Are Not.Find Your Two Dollars on the Cash Flow Statement.Earnings Release: The Ultimate Optimist.Wrap-Up.Chapter 8. Breakfast with the Federal Reserve.Getting the Economic Porridge "Just Right".Where Did the Fed Come From, and Why Do We Need It?Inflation: Bad for the Porridge and the Economy.Recession: Bad for Your Hairline and (Again) the Economy.How the Fed Keeps the Porridge "Just Right".Adjusting Interest Rates: The Long, Slow Simmer.Testing the Porridge.Wrap-Up.Part Three. Decisions, Decisions.Chapter 9. Will You Still Love Me Tomorrow?Growth, Value, and Momentum Stocks.Growth Stocks: Hidden Gems.Value Stocks: 'Till Death Do Us Part.Momentum Stocks: One Night Stands.Wrap-Up.Chapter 10. Evaluating Cars and Stocks.Price-to-Earnings Ratio.Price-to-Book Ratio.Growth Rate.Knowing What's Important: A Case-by-Case Decision.Hard to Get Good Help.Wrap Up.Chapter 11. The Ins and Outs of IPOs.Pop Goes the IPO.A Beneficial Blow.Knowing when to Make the Move from Public to Private.Take That IPO on the Road.Sorting through the S-1.Getting a Ticket to the Hottest Party in Town.Leave the Stock, Take the Fund.Wrap-Up.Chapter 12. Options and Futures.An Introduction to Options.Check the Expiration Date: Options Expiration Week.Use the Futures Market to Foresee Market.Wrap-Up.Chapter 13. Bringing It All Together.1. Be Specific About Your Goals.2. Spread the Risk Around.3. Don't Marry Your Holdings.4. Do Your Homework.5. Don't Forget to Pay Uncle Sam.Wrap Up.Appendix: Resources.About the Author.Index.