How the Stock Market Works - Softcover

Becket, Michael Ivan H.

Softcover

ISBN 10: 0749428171 ISBN 13: 9780749428174

Publisher: Kogan Page Ltd, 2001

Synopsis

There is no one fixed stock exchange, just as there is no one place for buying and selling houses. Increasingly, the stock exchange is dispersing and multiplying, with the number of markets proliferating. It is now possible for an investor to deal on Nasdaq in New York, on the Frankfurt stock exchange or to go to an online broker. With such complexity it becomes increasingly difficult to see exactly what and where the market is. It may be easier and cheaper to trade, but is less easy to trade successfully. This book arms the investor with all-important knowledge. It sets out the ground rules and the ways that systems operate - it tells you what is being traded, how it is traded, who does the trading and and lets you in on how to evaluate both the shares and the proponents' claims. In his acclaimed lucid style, Michael Becket cuts through the investment hype and answers questions such as, What are shares and gilts? What are futures and options? How much money does it take to own shares? What does it cost to deal in shares? Where and how can you buy shares? What do newspapers' financial pages mean? How do you pick a share to buy? When should you buy or sell? Whose advice can you trust? There is money to be made and it does not require genius to make a fortune, but you do need care, commonsense, lots of luck and expert advice.

About this title

Review

"begins with a basic guide to shares, gilts and derivatives, before moving on to explore investment strategies." what investment 'almost everyone has a stake in the stock market, directly or indirectly, yet ignorance about how it works is widespread. this book is not just for investors, but for anyone who wishes to understand our financial system, and how we all fit into it.' neil collins, daily telegraph city editor 'this book cuts through the institutions' mystique with basic information for the amateur... covers all the important issues and takes a sceptical swipe at the pretentious jargon employed by the so-called experts.' industry

Book Description

As billions of pounds are wiped off the share value of the best known British, American and European companies, this may be the best time to start investing

Historically, equities have always out-performed other investment vehicles in the longer term

In-paper support from the Daily Telegraph (daily circulation: 845,000)

About this edition

• Publisher: Kogan Page Ltd
• Publication date: 2001
• ISBN 10: 0749428171
• ISBN 13: 9780749428174
• Binding: Paperback
• Number of pages: 160