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How the stock market really works / Leo Gough.

O'Reilly Online Learning: Academic/Public Library Edition Available online

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Format:
Book
Author/Creator:
Gough, Leo, author.
Series:
Financial times guides.
Financial times guides
Language:
English
Subjects (All):
Stock exchanges.
Stocks.
Investments.
Physical Description:
1 online resource (xiii, 320 pages) : illustrations.
Edition:
Fifth edition.
Place of Publication:
Harlow, England : Financial Times Prentice Hall, [2011]
Language Note:
English
System Details:
text file
Summary:
The Financial Times Guide to How the Stock Market Really Works is an introduction to the complex world of the financial markets. Whether you are new to investing, or already have a share portfolio, this is an intelligent guidebook will guide you safely through the often confusing world of investing. Written especially for the ordinary investor, it will provide you with the key strategies you need to make money on the stock market.
Contents:
Cover
How the stock market really works
Contents
Introduction
The 'guerrilla investor'
The 'guerrilla investor' concept
Asset allocation - a powerful strategy
Choosing a financial adviser
What is a risky investment?
Summary
Shares
What are shares for?
Why shares exist - the capital markets
Stock exchanges
Buying and selling shares
Collective investments
The world's stock markets
American Depositary Receipts (ADRs)
Stock indices
Individual Savings Accounts (ISAs)
Bonds
Bonds for guerrillas - using bonds for specific goals
The market for bonds
Rating bonds
Gilts
The other risks of bonds
The varieties of bonds
Auctioning new issues
The price of bonds
Understanding yields
Assessing companies - issues and opportunities
Why do companies issue shares?
Financial statements
Corporate governance
Investment opportunities - new issues
Investment opportunities - mergers and acquisitions
When companies get into trouble
Investment theories and strategies
Fundamental analysis
Discounted cash flow (DCF)
The efficient market
Index investing
Understanding volatility
Risk and risk-adjusted performance
Value investing
Growth investing
Small companies or large companies?
Market timing
Technical analysis - pure voodoo?
Foreign exchange
Avoiding the great travel money rip-off
The Bretton Woods system
The floating rate system
The balance of payments
Market sentiment
The foreign exchange market
Forward exchange
Predicting exchange rates
Currencies for guerrillas
Derivatives
Commodities
Futures
Financial futures
Options
Spread betting - tax-free investing?
Derivatives - the casualties
Hedge funds
Structured products.
Summary
Fraud and sharp practice
Grand fraud versus petty fraud
What the regulators can and can't do
25 years of misdeeds - from Milken to Madoff
Sharp practice - pensions misselling
False accounting on a grand scale - Enron and WorldCom
The Sarbanes-Oxley Act
The naughty noughties
Overseas investment
Achieving global diversification
No-tax and low-tax territories
Working abroad
Banking offshore
Offshore trusts and companies - expensive to feed?
Dual nationality for guerrillas
Investing in other asset classes
Property
Gold
Collectibles
Wine
Your own business
Pensions
Insurance
Thinking about retirement
Where to retire?
Changing your asset allocation in retirement
Asset rich, cash poor?
Making a will
Inheritance and offshore investment
UK taxation
An overview
Tax on investment income
Income tax
Tax avoidance or tax evasion?
Capital gains tax
Inheritance tax
Trusts
An overview of the financial crisis
How the crisis began
The banking crisis
The crisis spreads to Europe
Economic growth and the financial crisis
Investment survival in the long term
Making investing part of your life
Making and reviewing your financial plan
Taking into account the stages of life
Appendix 1 A little financial maths
Appendix 2 Compound interest table
Further reading
Useful websites
Glossary
Index.
Notes:
Includes index.
Includes bibliographical references and index.
Description based on print version record.
Description based on publisher supplied metadata and other sources.
ISBN:
9780273743569
0273743562
OCLC:
1024273234

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