Keen to try your hand at financial spread betting? Perhaps youre already investing in shares and looking for other strategies to maximise your profits. Or maybe youve just heard the buzz and want to find out what all the fuss is about. Financial spread betting is an exciting tool for investors – a way to make money in up or down markets, without ever having to own a share. Best of all? It is tax and commission free. Perfect for smart, savvy investors like yourself! Financial Spread Betting For Dummies is your one-stop introduction to the world of spread betting. Packed with advice and examples, this guide tells you: How to get started Where you can spread bet Strategies for successful betting How to evaluate risks (of which there are many!) What mistakes to avoid
Book Details:
- Author: Vanya Dragomanovich
- ISBN: 9781118638545
- Year Published: 2013
- Pages: 312
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Keen to try your hand at financial spread betting? Perhaps youre already investing in shares and looking for other strategies to maximise your profits. Or maybe youve just heard the buzz and want to find out what all the fuss is about. Financial spread betting is an exciting tool for investors – a way to make money in up or down markets, without ever having to own a share. Best of all? It is tax and commission free. Perfect for smart, savvy investors like yourself! Financial Spread Betting For Dummies is your one-stop introduction to the world of spread betting. Packed with advice and examples, this guide tells you: How to get started Where you can spread bet Strategies for successful betting How to evaluate risks (of which there are many!) What mistakes to avoid
Financial spread betting involves betting on the direction (i.e. up or down!) of particular shares, currencies, commodities or even whole indices. Its a great way to make money in volatile markets – you can make money from a falling share just as well as a rising one. And it allows you to trade the markets without ever having to take actual ownership of any shares. Unlike other forms of financial trading, spread betting in the UK and Ireland is completely tax-free and commission-free, a huge bonus for the savvy investor. But, spread betting is obviously risky, not to mention complex and intimidating for the beginner. A frank, no-nonsense how to book is perfect for this topic.
Financial Spread Betting For Dummies is the perfect introduction for those new to the world of spread betting. Packed with advice and examples, this guide tells you how to get started, where you can spread bet, strategies for successful betting, how to evaluate riskand what mistakes to avoid. Spread betting has grown enormously in the last five years. Previously seen as too risky, or just for the pros, spread betting is now mainstream. Theres been an increase in ads for financial spread betting services – everywhere from general press, train stations, even the cinema. IG Index, the UKs largest spread betting provider, is opening 3,000 new accounts each month. Investing in Shares FD is one of our best-selling business/finance titles, selling out 4,700 units in FY11. And Currency Trading FD is one of our bestselling imports, selling out over 4,400 units in FY11. Following these successes, weve highlighted finance/investing as a particular growth area to exploit. Well be adapting from the Australian title CFDs For Dummies, as the processes are largely identical and it allows us to get to market quicker.
About the Author
Vanya Dragomanovich is an experienced financial journalist, working as Commodities Editor at FTSE Global Markets, and as Commodities and Shares Editor at thearmchairtrader.com. Vanya spent over 10 years at Dow Jones Newswires, where she frequently contributed to the Wall Street Journal, and has also appeared on CNBC. In 2010 she worked with CMC Markets on the launch of their award-winning spread betting platform.