Investing can be fun as well as rewarding. It could certainly earn you much more than you could gain by sticking your money in a bank account. It really does not require much to make money from the stock market - just an understanding of a few simple concepts and the following of a few rules.
Written by the UK’s most successful writer on investing, Get Started in Shares explains in very clear and simple terms what shares are, how they are traded and what to look out for as an owner of shares.
This is a straight-talking guide to the mysteries of investing that assumes no prior knowledge and will build up your understanding of investing in a series of easy steps.
Table of Contents
- Title page
- Publisher’s acknowledgements
- About the author
- List of acronyms
- 1 The thrill of owning shares
2 Businesses and shares
- What is a share?
- Why do we need shares?
- The value of joint stock enterprises: a little history
- Over in Britain
- Partnerships and liability
- Directors are not the same as owners
- Some more on ordinary shares
- Stocks and shares
- It’s easy to create shares
- Authorised, issued and par values
- Public, private and listed
- No right to vote
- Parents and groups
- Primary versus secondary markets
3 What you receive from the company
- A flow of cash income
- How much is paid?
- When do I get paid?
- Don’t worry about sharp share moves on ex-div day
- Downloading data on dividends for a company
- Dividend yield
- Understanding the tables in The Financial Times
- Price-earnings ratio
- Tax is deducted before you get the dividend
- Capital gains (and losses)
- Share buy-backs and special dividends
4 What do stockbrokers do?
- They are not that posh anymore
- Types of broker
- Setting things up with a broker
- Execution-only (or dealing-only) service
- Advisory dealing service
- Discretionary service
- Choosing a stockbroker
- Instructions and instructions
- Ways of paying for your shares
- Internet dealing
- Transferring shares without brokers
- 5 What happens once you have decided to trade?
- 6 What do stock markets do?
- 7 Sifting out the important stuff on the internet
- 8 Preference, foreign and golden shares
- 9 What drives share prices?
- 10 Assessing a company
- 11 Profits and balance sheets
- 12 Cash flow and key ratios
- 13 Measuring risk
- 14 Companies selling shares to outsiders
- 15 Seasoned equity offerings
- 16 Stock market indices
- 17 Taxation
- 18 Regulation of the markets
- Title: Get Started in Shares
- Release date: February 2013
- Publisher(s): FT Publishing International
- ISBN: 9780273771227