If you want to familiarize yourself with the world of Wall Street and money, this book will do it for you as a very quick read. Books for People with Print Disabilities. And it isn't always easy to agree on what things are worth. The first European bank notes were printed in Sweden in 1661. Although the idea of paper money can be found in bills and receipts recorded by the Babylonians as early as 2,500 BC, the earliest bills can be traced to China. The Kwan is the oldest surviving paper money. You're listening to a sample of the Audible audio edition. The currency -- about 8 1/2x11 inches -- was issued in China by the Ming dynasty between 1368 and 1399. Pretty interesting, for example what money is called in other parts of the world. This book was published over 10 years ago, and I picked it up for $1 at a used book sale and skimmed it that day while I had some time. Before that, banks used paper money (called scrip), but they couldn't always meet their customers' demands for hard currency (gold or silver coins, or specie). Something a bit more detailed, even for my ADHD mind, may be better. Buyers and sellers agreed on a system to establish worth and what was acceptable as a means of payment. This handy fact-filled book initiates you into the mysteries of the financial pages -- buying stocks, bonds, mutual funds, futures and options, spotting trends and evaluating companies. A pound of ginger would buy a sheep. Schroders a guide to investing 7 Investing money in the stockmarket offers opportunity for improved returns that are likely to exceed any interest rate a high street bank can offer. It's worth what it can buy at any given time. CarriC This is a basic guide to fundamental financial terms and concepts. No matter who you are or what you earn, it’s easier than you think to take control of your money. That simplified the exchange process even more. And that's exactly what most of us do. Please try again. Digital book Something Wonderful (Sequels) Judith McNaught Trial EbookVisit Here : http://digitalmagazine.top/?book=0671737635, Home | It should be required reading before graduating from high school. A great book for anyone that wants to get a quick overview of financial concepts. Auditing: The Ultimate Guide to Performing Internal and External Audits, Be a Boss: A Straight Forward Guide to Managing Employees and Getting Things Done. The coin was widely circulated, and called the daalder in Holland, the daler in Scandinavia and the dollar in England. --Money --Indexes --Treasury Bills --Stocks --Commodities --Options --Bonds --Futures --Mutual Funds --Inflation. Just a moment while we sign you in to your Goodreads account. I read this while on a visit to New York City where I stayed in a hotel located in the Financial District. Traces the history of money and discusses stocks, bonds, mutual funds, futures, and options. How many skins is a basket of grain worth? Internet Archive Books. In modern times, though, national economies have moved away from basing their currency on metal reserves. Very handy to get a basic understanding of markets and understand how to read those complicated financial newspapers. By 700 Bc The kingdom of Lydia was minting coins made of electrum, a pale yellow alloy of gold and silver. In Europe in 1393, when imported spices were highly prized and often rare, a pound of saffron was worth a plow horse. Simple and easy to understand reference book on money and investing. Read our guide on Understanding investment fees. The history of money begins with people learning to trade the things they had for the things they wanted. We explain the basics of simple investing and aim … Often the dollar could be exchanged for just a fraction of its stated value. For those who are curious but intimidated by everyday financial jargon, this guide offers a literate, forthright and lively alternative. The Wall Street Journal Guide to Understanding Money & Investing initiates you into the mysteries of the financial pages--buying stocks, bonds, mutual funds, futures and options, spotting trends and evaluating companies. This shopping feature will continue to load items when the Enter key is pressed. There's one big problem with this: if you want more money, you have to work more hours. Privacy Policy | An easy-to-understand, easy-to-use primer that helps take the mystery out of: Prime members enjoy FREE Delivery and exclusive access to music, movies, TV shows, original audio series, and Kindle books. For those who are curious but intimidated by everyday financial jargon, this guide offers a literate, forthright and lively alternative. There was rarely anything extra -- and nothing much to trade it for. What happens if the plow you want is worth a cow and a half? Risks. The U.S. dollar's early history was chaotic until the National Banking Act of 1863 established a uniform currency. If they wanted an ax, they had to find someone who had one and was willing to exchange it for something of theirs. You need to invest your money. When you start investing, it’s usually a good idea to spread your risk by putting your money into a number of different products and asset classes. Learn more about the program. Top subscription boxes – right to your door, © 1996-2020, Amazon.com, Inc. or its affiliates. A tribe with extra animal skins but not enough grain could exchange its surplus with another tribe that had plenty of food but no skins. THE WALL STREET JOURNAL GUIDE TO MONEY & INVESTING has been substantially revised and updated to reflect highly popular new investment products, new rules on dividends, expanded coverage of mutual fund operations in light of recent disclosures, and significant changes in the capital markets, all of which are essential reading for beginning as well as seasoned investors. Great starter book for understanding stocks, bonds, mutual funds, options, futures and the Federal Reserve. If you don’t know what fiat currency is, how a short sale works, or ... FUTURES AND OPTIONS 126 Futures and Options, When You Work for a Bully: Assessing Your Options and Taking Action, WALL STREET JOURNAL GUIDE TO UNDERSTANDING MONEY AND INVESTING, Business & Economics / Personal Finance / General.