The Financial Times Guide to Investing

About the book and its Contents:

This is a comprehensive book that covers: investment basics; the various investment vehicles/options; company analysis; and portfolio management.





To be more specific, it explains the difference between investment and speculation; how the stock market works; how accounting is used by companies in real life, and taxes.

Review

 

This is indeed a definitive companion. While it is not as definitive as a finance encyclopedia or dictionary, this is much more interesting to read. 

 

Difficulty Level = 1/5

 

This book is meant for novices in finance as well as for those who want to be more professional in their level of knowledge.

 

Personal Rating = 4/5

This is one book that you can keep for a long time.


Personal finance tip for today:

An investment differs from a speculation in that an investment is based on sound judgment, research based on facts, and is normally long-term. A speculation on the other hand, is based on a hunch and is normally short-term in nature.