How the Stock Market Works provides a clear, insightful and practical explanation of the way the UK's investment and financial markets operate, and their interaction with other financial markets around the world.
Now more than ever, people are being affected by the fluctuations in the global economy and by financial uncertainty - with major impacts on their savings, portfolios and pensions. Fully updated for this fifth edition, How the Stock Market Works tells investors what is being traded and how, who does what with whom, and how to evaluate a particular share or bond in light of rival claims from critics and admirers. From the practical consequences of being a shareholder to a basic coverage of the taxation regime, the book provides a wealth of information on individual product types as well as the key players themselves.
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
A very informative read. If you are interested in starting to invest in the stock market, and ready to master some financial language, you will find this book very useful.
Giorgia Guazzarotti, History And Other Thoughts
A fine pick for business and personal finance collections.
Midwest Book Review
Michael Becket is a much-respected financial journalist who has been The Daily Telegraph's small business editor for the past 10 years. He is the author of a number of successful books, including The Daily Telegraph's An A to Z of Finance, published by Kogan Page.
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