How the stock market really works - Leo Gough

Whether you are new to investing or already have a share portfolio, this intelligent urban warrior's handbook will guide you safely through the often puzzling world of investing and will provide you with the strategies to compete to win.

Given the fact that the majority of fund managers underperform the indices, it may be possible for intelligent private investors to do as well, or better, on their own by using winning guerilla tactics. Private investors can make huge gains over the long term as long as they maximize their advantages.

How the Stock Market Really Works

covers:

• the basic mechanics of the markets
• how shares, bonds and derivatives work
• the different schools of thought within the investing world
• tax considerations
• the vital differences between asset classes
• the need to look beyond the short term
• why market volatility is nothing to be scared of
• how to sift through the wealth of investment advice available.

This third edition has been updated and expanded, to include additional coverage of new topics such as ISAs and index tracking as well as a complete new chapter on online trading.