"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.Although using the British stock market as an example throughout, and a short chapter on British taxation, the book covers the fundamentals of what stocks are, how they are traded and how stock markets work. Covering the practical consequences of being a shareholder, the book is a useful reference for those new to investing. "--
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Michael Becket is an experienced financial journalist. He was previously the City news editor and small business editor of The Daily Telegraph and has written for numerous publications including The Spectator, Accountancy Age and Money. He has lectured at the University of Manchester, Cranfield University and City, University of London. He is the author of multiple books.
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