Book on investing

Shocking_Blue

Dear all,
This forum is full of expertise and experience, which is invaluable for Jo public. However, I do see not infrequently suggestions that newbies do some reading on the topic of investing before plunging in. On that note, do any members have any tips for a good book on investing?  Not 'How to become a Millionaire' type books, but ones that clearly (for newbies) outline the difference between funds, trusts, trackers, indexes, ETFs, OEIC etc etc.
Thanks in advance

kinger101

A Random Walk Down Wallstreet is pretty good, but is somewhat US-centric so won't go into the difference between ETFs and OEICs.  But useful in covering active v passive, and diversification etc.

Blue_Sky

DIY Simple Investing by John Edwards is decent for someone new to investing.

Gleneagles06

I found "Master the art of money:Achieve financial freedom" by Phil Bellamy really useful. Available on Amazon.

Sebo027

I like this one:
https://www.amazon.com/Smarter-Investing-3rd-edn-Decisions-ebook/dp/B00GAYHH8I

Grenage

The Intelligent Investor is quite a famous book; it's old, but the fundamentals haven't changed.

Albermarle

but ones that clearly (for newbies) outline the difference between funds, trusts, trackers, indexes, ETFs, OEIC etc etc.

Wikopedia and Investopedia are useful for explanatory definitions + google in general.

Eco_Miser

The Monevator blog, as well as being a valuable reading resource itself, has book suggestions every Saturday.

Shocking_Blue

Thanks all. This is really useful. Getting the basics is important.

Linton

One bit of warning - check whether you are looking at UK based literature.  Most is US based and you need to take into account that there are many differences between the UK and the US in the investment environment and in taxation.

Thrugelmir

Harriman's New Book of Investing Rules: The Do's and Don'ts of the World's Best Investors

There's many ways to skin a cat. Interesting read that you can dip in and out of. A good reference point to delve further from.