Author: N E Renton AM
This book clerarly and comprehensively explains the operation of the Australian Stock Exchange as well as general investment principles. It will be of great help to all investors, from beginners to professional dealers and from students to senior citizens.
The fourth edition of this popular work has been expanded and extensively revised. It deals with the numerous changes to both market practices and the regulatory environment which have taken place since the previous edition. Topics such as investing with borrowed funds, choosing a stockbroker, and deciding when a share is cheap are discussed.
It also reflects the new legislation regulating stockbrokers and investment advisors. The sections on income tax, capital gains tax and social security have been updated. A detailed index with about 1850 references enhances the text.
The author, N E Renton, is a consulting actuary and writer, well known for his other highly professional books on voluntary bodies, meetings procedure, investment taxation, business and retirement issues. His qualifications, experience and objectivity have enabled him to explain a technical subject in easya to understand language.