So just how does the investment industry really work? Now more than ever before, people are affected by fluctuations in the global economy; its impact can be felt upon everything from rocketing property prices, to savings and pensions. It takes not just savvy but real information to maintain financial security and safeguard one's future. Consequently, it is now more important than ever to understand how the markets work and what choices are available. How the Stock Market Works gives concise and practical information to tackle the burning questions surrounding the stock market: What information is available, and now reliable is it? How can you compare different companies in order to pick the shares that will suit you? How much money does it takes and how much will it cost to get into the stock market? When exactly is the right moment to invest, and in what? 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, this book provides a wealth of information on individual product types (gilts, stocks, shares, bonds, alternative investments and derivatives) as well as the key players themselves. This fifth edition is fully updated with all the very latest developments in the post-recession economy, as well as with vital new content on the types of frauds and scams that can trap the unwary investor. There is a great deal of potential in the post-slump financial sector and many industry commentators believe that this is the very time when money can be made. For all the vagaries of the economy, shares have, over long term, remained one of the best investments.

It may not a genius to make a fortune, but anyone considering investing in the stock market will need care, common sense, lots of luck-and the expert advice of How the Stock Market Works. Book jacket.