Taking control of your money starts with understanding how investing really works.
How the Stock Market Works is your no-nonsense guide to understanding how the UK's financial markets operate and how to use them to your advantage.
Now in its fully updated eighth edition, this bestselling book by Michael Beckett simplifies everything from shares and bonds to gilts, derivatives and ethical investing. Whether you're building a portfolio, planning for retirement or simply want to take control of your money, it cuts through the jargon and gives you the tools to get started with confidence.
With practical advice and real-world context, including insights into post-Brexit markets, global trends and the impact of inflation and interest rates, this is the essential handbook for anyone looking to take charge of their financial future.
Themes include: personal investing, UK financial markets, stock market basics, post-Brexit economy, ethical investing and retirement planning.

- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
About this book
Trusted by 375,005 students
Access to over 1.5 million titles for a fair monthly price.
Study more efficiently using our study tools.
Table of contents
- How this book can help
- Acknowledgements
- 1 What and why are shares?
- 2 How to pick a share
- 3 Pooled investments
- 4 What are bonds and gilts?
- 5 The complicated world of derivatives
- 6 Tricks of the professionals
- 7 Where to find advice and information
- 8 What does it take to deal in shares?
- 9 How to trade in shares
- 10 When to deal in shares
- 11 Consequences of being a shareholder
- 12 Tax
- Glossary
- Index
Frequently asked questions
Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn how to download books offline
Perlego offers two plans: Essential and Complete
- Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
- Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.5M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1.5 million books across 990+ topics, we’ve got you covered! Learn about our mission
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more about Read Aloud
Yes! You can use the Perlego app on both iOS and Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app
Yes, you can access How the Stock Market Works by Michael Becket in PDF and/or ePUB format, as well as other popular books in Business & Stocks. We have over 1.5 million books available in our catalogue for you to explore.