This accessible book is a practical guide to the financial markets. Designed to help both the new and experienced investor gain sufficient understanding and knowledge to invest wisely and confidently, it covers all the elements necessary to become financially "street smart," from products, players, and procedures to rules, regulators, and risk/reward trade-offs. Filled with solid investment principles, The Forbes Guide to the Markets, Second Edition is completely revised and updated to reflect new trends and changes in the markets. New topics include the introduction and implementation of ETFs, the role of hedge funds, and the effects of the subprime crisis. Updated and revised chapters include buying and selling techniques, fundamental, technical and quantitative analysis, and futures and options.