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 Handbook of Financial Instruments by Frank J. Fabozzi, A key decision that investors face is how to allocate their funds among the wide spectrum of financial instruments available. To intelligently make that allocation decision, it is imperative that you understand the investment characteristics of the major asset classes and the markets in which they trade. The Handbook of Financial Instruments is the first book to provide comprehensive coverage of such a wide variety of financial instruments. Written by experts in their respective fields, this book arms individual investors as well as institutional investors with the knowledge to choose and effectively use many of the financial instruments available in the market today. Topics covered include: The properties of financial markets and the fundamentals of investing Common stock Fixed income products, including money market, Treasury, federal agency, corporate bonds, emerging market, mortgage-backed securities, and asset-backed securities Mutual funds and exchange-traded funds Investment-oriented life insurance products, including cash value life insurance and annuities Hedge funds and private equity funds Real estate investments Derivative instruments such as futures/forward contracts, options, futures options, swaps, caps, and floors Pick up The Handbook of Financial Instruments and find out how you can use a variety of different asset classes to construct and manage a portfolio to achieve your investment objectives.
Annuity (finance theory) - The term "annuity" is used in finance theory to refer to any stream of fixed payments over a specified period of time. This usage is most commonly seen in academic discussions of finance, usually in connection with the valuation of the stream of payments, taking into account time value of money concepts. Perpetuity - A perpetuity is an annuity in which the periodic payments begin on a fixed date and continue indefinitely. Fixed coupon payments on permanently invested (irredeemable) sums of money are prime examples of perpetuities. Consumption of fixed capital - Consumption of fixed capital (CFC) is a term used in business accounts, tax assessments and national accounts for depreciation of fixed assets. CFC is used in preference to "depreciation" to emphasize that fixed capital is used up in the process of generating new output; CFC may include other costs incurred in using fixed assets beyond actual depreciation charges. Fixed-point arithmetic - In computing, a fixed-point number representation is a real data type for a number that has a fixed number of digits after the decimal (binary or radix) point. Fixed-point numbers are useful for representing fractional values in native two's complement format if the executing processor has no floating point unit (FPU) or if fixed-point provides
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