Reddit Reddit reviews Financial Times Guide to Investing: The Definitive Guide to Investment & the Financial Markets, 3rd ed. (Financial Times Guides)

We found 3 Reddit comments about Financial Times Guide to Investing: The Definitive Guide to Investment & the Financial Markets, 3rd ed. (Financial Times Guides). Here are the top ones, ranked by their Reddit score.

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Financial Times Guide to Investing: The Definitive Guide to Investment & the Financial Markets, 3rd ed. (Financial Times Guides)
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3 Reddit comments about Financial Times Guide to Investing: The Definitive Guide to Investment & the Financial Markets, 3rd ed. (Financial Times Guides):

u/zakkyb · 4 pointsr/UKPersonalFinance

Expensive if you want to buy, could sail the high seas though

The Financial Times Guide to Investing:The Definitive Companion to Investment and the Financial Markets: The Definitive Companion to Investment and the Financial Markets (The FT Guides) https://www.amazon.co.uk/dp/1292005076/ref=cm_sw_r_cp_api_lYCNzb355YWXS

u/TheMightyLizard · 3 pointsr/UKPersonalFinance

Ok, that's basically what I did when I started out. Let me just say, there is a learning curve- and LOTS to learn. However, if investing turns out to be something you enjoy, and you always continue learning, you open the door to higher returns in general (and a very interesting hobby :D ).

At the start, you don't need to know much more than the general facts. Equity, bonds, the market. What the lingo means, and where the resources are. The original book I got for an overview was the following, and I would recommend it: The
The FT Investing Guide - not a cheap book, but will go over the foundational knowledge you need.

I would then follow with The Intelligent Investor, which is THE great value-investment book. It will tell you about how to logically approach investing in companies, and give you a framework for choosing better companies to invest in, and not overpaying for the equity you invest in.

Knowledge of macro economics is also a plus, imo. I started off by reading Economics for Dummies (yes, really).

The basics of accounting is somewhat essential, but it's covered in the FT guide. If you can get to the point where you can understand a typical income statement, balance sheet or statement of cash flows, it should be enough to be a competent investor. It allows you to understand the underlying financial health of a business, which is very important.

Your aim is to find strong companies, with good future prospects, which are undervalued by the market, and invest for the long-term. This will allow you to maximise your returns.

..I was all set to continue writing this wall of text, but I think I'll leave it here for now. If you have any further questions, or would like more clarification on any points, I'd be happy to help. So just let me know.

u/lloydy98 · 1 pointr/investing

I bought the FT's guide to investing which I thought was pretty good. Breaks down all the various types of financial instruments in a way that is easy to understand.