Easy Money: How to Avoid the Pitfalls of Losing Everything and Making Nothing

Easy Money: How to Avoid the Pitfalls of Losing Everything and Making Nothing

by PhilipCoggan (Author)

Synopsis

Why everyone thinks they can get rich quick-and the reality of the myths of internet and stockmarket. In the last few years there has been a change of mentality. No longer do people think that they will have to work throughout their lives to earn a wage: people think that there is easy money to be had. Whether it is internet millionaires yet to leave school, city slickers in the Daily Mirror passing tips to tabloid readers, the rise of spread betting, the triumph of Who Wants to Be a Millionaire and new lottery millionaires every week - people now think it is possible to make money without effort. Most of all this is seen in the new interest in the stock market and especially new technology stocks as they flick in and out of favour making paper millionaires (and paupers) in a few hours. But can it last and what will happen if (when) the market turns downwards?

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More Information

Format: Paperback
Pages: 192
Edition: New edition
Publisher: Profile Business
Published: 02 May 2002

ISBN 10: 1861972938
ISBN 13: 9781861972934

Media Reviews
If someone offers you a chance to make some easy money, buy this book first -- George Coelho * Management Today *
The analysis by Coggan of the dotcom boom and bust is of enduring value to those who care about how markets work and should be read by anyone who fancies their chances stagging new issues, indeed by any active equity investor -- Howard Davies * Financial Times *
A well-researched exploration of today's money culture ... Coggan spares his readers nothing when it comes to highlighting the increasing number of ways in which people can be parted from their cash. -- Frank Fitzgibbon * Sunday Times *
Easy Money should be compulsory reading for any investor -- Jim Jones * Business Day *
This simple and very readable treatise warns everyone tempted to try to make a million that it is not as easy as the late 1990s may have led people to believe ... Many more books will be written and published on this alluring phenomenon, but Easy Money will remain one of the good ones. I recommend it. If nothing else, it could save you an awful lot of money -- Christopher Ondaatje * Times Higher Education Supplement *
'...of enduring value to those who care about how markets work and should be read by anyone who fancies their chances of staging new issues, indeed by any active investor -- Howard Davies * Financial Times *
a well researched exploration of today's money culture * The Sunday Times *
Author Bio
Philip Coggan writes about financial markets for The Economist having previously worked for 20 years for the Financial Times and been its Investment Editor. He is the author of The Money Machine: How the City Works and Easy Money.