The Investor's Toolbox, 2nd Edition: How to Use Spread Betting, CFDs, Options, Warrants and Trackers to Boost Returns and Reduce Risk

by PeterTemple (Author)

• Used

  Illustrated
  2007

  $3.25

  This book is a simple, practical guide to how you can use some of the newer investment products like spread betting, binary betting, contracts for difference, covered warrants and exchange-traded funds, as well as older ones like futures and options, to help your investing. In different ways, each of these products allows you either to: - boost the returns you get in exchange for taking on greater risk; - hedge your bets in exchange for slightly lower returns; - use much less capital to achieve the same market exposure; or - move money into and out of a range of markets and sectors efficiently. The author believes they are tools that all investors need to know about and be able to use when the occasion demands it. They should help you successfully confront any lengthy period of trendless or volatile markets. While the past three years has seen a generally strong upward trend in stock markets, this is not bound to continue. Periodic volatility is the natural order of things. Interestingly enough - despite what appears to have been a bull market - recent years have also seen increased use by private investors of many of the tools described in this book. Proof, if needed, that they work, and can be applied, in all market conditions.

• Used

  Paperback
  2003

  $3.25

  After a turbulent three years, equity markets are returning to their historical norm of single digit percentage annual returns. Investors want to continue investing, but are concerned about the risk of doing so. The events of the past two years have heightened this risk aversion. But at the same time new techniques are now available to private investors that allow them to tailor their risk much more precisely, and at the same time to enhance their returns. Options are one way they can do this, but there are other instruments too, including individual stock futures, covered warrants, CFDs, exchange traded funds, and spread betting. This is the first book to set out all the choices open to investors. It explains how each of the derivative instruments works, the costs of dealing, the relationship to underlying share prices, and the risks involved. It shows how these instruments can be used alongside ordinary equity ownership, and provides examples of strategies designed to achieve specific ends. In short, Peter Temple's guide is what ordinary equity investors have been waiting for. It will give them confidence to step up from simple share ownership to the wider opportunities now available.