Introduction

There are some myths about investment, many of which are perpetuated by finance industry insiders. Myth one is that financial assets and markets are hideously complicated and confusing. Myth two is that you have to pay large sums to ‘experts’ who will then make far greater returns on your money than you could achieve on your own.

In truth the most important things you need to know about investing are simple. They are based on common sense and can be understood by anyone with a modicum of intelligence. It is just that the jargon and the detail obscure the view of outsiders peering through trying to see what it is all about. This book, in a step-by-step way, first explains the simple essence of investment and the functioning of the ...

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