How the Stock Market Works: A Beginner's Guide to Investment BY Michael Becket, Yvonne Essen

How the Stock Market Works: A Beginner's Guide to Investment BY Michael Becket, Yvonne Essen
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How the Stock Market Works: A Beginner's Guide to Investment

BY Michael Becket, Yvonne Essen



Publisher: Kogan Page; Third Edition edition (December 28, 2009)

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 --This text refers to an alternate Paperback edition. Product Description Some people might see the current recession as the very worst time to invest in the stock market, but many of the world's most successful investors insist that a market downturn is the very moment when people should be investing.



How the Stock Market Works will tell investors what is being traded and how, who does what and to whom, and how to evaluate both the shares and proponents' claims about them. The authors answer questions such as: What are shares and gilts? What are futures and options? Where and how can you buy shares? How do you pick a share to buy?



With new material on complex derivatives, foreign shares, and Internet trading, this book explains the full inter-relationships between the stock market, banks, brokers, and regulators.