How the Stock Market Works: A Beginner's Guide to InvestmentKogan Page Publishers, 2004 - 208 pàgines Praise and Reviews'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.'- IndustryAt times of fluctuating share prices and changes in trading, an investor needs to know enough about the stock market to ask the right questions, make the right choices, and not to be taken in by sharp salesmen. Here is the grounding to strip away the hype and unlock the jargon.This fully revised new edition will tell investors what is being traded and how, who does what with which and to whom, and how to evaluate both the shares and the proponents' claims.In his acclaimed lucid style, Michael Becket cuts through the investment hype to answer such questions as:What are shares?What are gilts?What are futures and options?What about overseas shares?How do you pick a share to buy?Whose advice can you trust?When do you sell a share?There is money to be made and it does not require genius to make a fortune, but you do need care, common sense, lots of luck and the expert advice of How the Stock Market Works. |
Continguts
What are shares? | 5 |
Returns | 8 |
Are there other types of paper? | 10 |
Loan stock and debentures | 11 |
Warrants | 12 |
Preference shares | 13 |
What are gilts? | 15 |
What are derivatives? | 18 |
Market theories | 81 |
Share analysis | 83 |
Personal priorities | 88 |
Building a portfolio | 92 |
Sources of information | 95 |
What do you look for in company accounts? | 100 |
Annual report | 103 |
Using the accounts | 110 |
Forward contracts | 23 |
Covered warrants | 25 |
What about overseas shares? | 27 |
How do shares compare with investmentunit trusts? | 29 |
Unit trusts | 31 |
Tracker funds | 32 |
Openended investment companies OEICs | 33 |
Exchange traded funds | 35 |
What is the point of owning shares? | 37 |
Long Term | 39 |
Short Term | 43 |
Perks | 44 |
How much money does it take? | 45 |
Investment clubs | 48 |
What does it cost to deal in shares? | 51 |
Brokers commission | 52 |
Advice | 53 |
Portfolio management | 54 |
Tax | 55 |
Where and how can you buy shares? | 57 |
The Internet | 60 |
Trading | 62 |
How do you find out the cost of a share? | 63 |
Newspapers | 64 |
The spread | 65 |
Why at that price? | 66 |
What do the newspaper financial pages mean? | 67 |
Prices pages during the week | 68 |
Mondays | 73 |
Indices | 74 |
Editorial | 75 |
How do you pick a share to buy? | 77 |
Pet systems | 78 |
Setting criteria | 80 |
Other information from the company | 111 |
Do the various ratios and formulae help? | 113 |
Whose advice can you trust? | 124 |
Can you recognize highrisk shares? | 127 |
When do you buy shares? | 131 |
Charts | 137 |
Sentiment indicators | 141 |
Other theories | 142 |
What is a stock market? | 144 |
The Alternative Investment Market | 147 |
techMARK | 148 |
VirtX | 149 |
Other markets | 150 |
Emerging markets | 152 |
Do shareholders have any rights or duties? | 153 |
Regulated markets | 156 |
Codes of conduct | 157 |
What are rights and scrip issues? | 159 |
Script issues | 160 |
What do you do at takeovers? | 161 |
What if the company goes bust? | 163 |
When do you sell a share? | 166 |
Cashing profits | 167 |
Tax | 170 |
Dividends | 171 |
Capital profits | 172 |
Share schemes | 173 |
Tax rates | 174 |
Useful addresses | 175 |
Glossary | 179 |
185 | |
188 | |
194 | |
Frases i termes més freqüents
accounts addition advice Alternative Investment Market amount analysis auditors bank blue chips bonds borrowing buy shares buying and selling calculations called cash cent Chapter chartist charts City Index company's cost deal directors dividend equity figures Financial Services Authority FTSE FTSE 100 Index fundamental analysis funds future futures contract gilts holders holding income indication instance Internet investment trusts large number London Stock Exchange long-term look means move Nasdaq newspapers normally option ordinary shares P/E ratio paid pany pick portfolio preference shares pretty price/earnings ratio prices pages private investors professionals profit quoted reckoned rise risk sector Share Centre share price shareholders shows small investor sometimes sort spread betting stock market stockbrokers takeover term tion trading Treas underlying unit trusts usually Virt-X worth yield