Question by Mister Chartreuse: Can someone recommend a good book that thoroughly describes financial terms/concepts (for investing)?
An introductory book, which describes terms/concepts like securitization, derivatives, bond-markets etc.
I want to understand these things to the end of knowing how to interpret/read company balance sheets, market speculation/volatility, currency markets etc, so that I can have some general financial/investment wherewithal.
Any suggestions would be greatly appreciated.
Best answer:
Answer by cactusgene
‘Investing for Dummies’ is a good book for a novice and it is available on Amazon. The advanced concepts you mention above are quite complex, but try the links below:
http://www.amazon.com/Investing-For-Dummies-Eric-Tyson/dp/047090545X
http://en.wikipedia.org/wiki/Mortgage-backed_security
http://www.bis.org/publ/bppdf/bispap63e.pdf
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