Introductory Books for New investors

Where are the customers’ yachts?

A Book to Cheer You Up We are in one of those depressing moments of the manic-depressive cycles of the stock market. Invest-ability just told us that the FTSE 250 has now lost over 7 per cent this month and I can quite believe it with my portfolio certainly heading downhill. With the gloom of winter fast arriving, I can only recommend the book “Where are the customers' yachts?” by Fred Schwed. This book was first published in 1940 and the author had ...

Success in the Stock Market

319 pages,  Paperback £9.99, Kindle £4.99 Where shall I invest my money? Should I buy Apple or Amazon shares? Answering these questions is not as straightforward as it first seems. No matter how fantastic a company may be, at the wrong price it will make for an awful investment. More particularly value and price must never be confused. In the words of Warren Buffett, arguably the most successful investor of all time, “Price is what you pay, but value is what you ...

The DIY Investor: How to get started in investing and plan for a financially secure future.

275 pages. £17.99, Amazon from £9.85, Kindle £12.83. This is the updated, second edition of a very useful and clearly written book, providing detailed guidance for “people who want to invest for the future and then get on with the rest of their lives”, his thesis being that the investment platforms and range of products and information now available means that financial advice is a luxury that only the wealthy can afford. The first section of the book introduces DIY investing, including ways ...