Amazon.co.uk Review
There's "fooling" and there's "Fooling" and confusing the two could seriously damage your wealth. A "fool" trusts his money to the "wise men" of finance-- governments, advisors, pensions companies--the monetary equivalent of cleaning the electric mower with the plug attached. For the "Fool", the cut-and-thrust comes from a sensible dose of knowledge and independence.
Following hot on the heels of the best selling Motley Fool UK Investment Guide, the Investment Workbook turns strategy into action with a series of examples, exercises and cases studies designed to transform you into the Sultan of stocks and the Maharaja of the markets. At very least, the nuts-and-bolts approach will help you get the fundamentals right. "What we're trying to do in this book is to give an everyday basis to the whole business of investing, to make it a bit less like consulting a soothsayer, a bit less of a mystical and unknowable undertaking, and bring it down to more concrete levels."
They succeed too, with information and challenges which will help the beginner and upwards take personal control, invest successfully and plan for the long-term financial future. The interactive A4 format imparts a school homework atmosphere (well, "you bought a workbook and you want your money's worth") but the tasks here have altogether more tangible benefits. With the Fool's inimitable style, industrious hours will fly by. What the subject lacks in thrills, the authors are happy to supply on the side; "It was not uncommon during World War 1 for men in trenches suddenly to fall asleep when the whistle which signalled they had to mount a suicidal attack against heavily defended enemy positions was blown. It was a kind of psychological defence, a mental withdrawal, in the face of an utterly horrific experience which no human being should have to suffer." Symptoms commonly linked to the appearance of your average investment book, they say.
The UK Investment Workbook changes all that. It is insightful, constructive and fun--all practised well within recommended safety standards. The Fools have once again blown the whistle on investment waffle. --Iain Campbell
Product Description
Using practical examples the authors take the novice investor through the basics of investing. Includes how to sort out personal finances, decide on investment objectives, choose companies to research and how to interpret a company report. A companion to the MOTLEY FOOL UK WEB SITE.