This book is primarily designed for the Institute of Bankers Stage 2 (Banking Diploma) examination in investment and covers a wide range of topics including types of investment available to the investor, stock exchange procedure, investor protection, portfolio planning and theories and their relevance to practical decision-making. The book will therefore be relevant to other professional examinations in investment such as those of the Institute of Actuaries and the Society of Investment Analysts. Questions and answers on the topics covered are in the final section of the book. It will also be of interest to investment analysts, investment managers and stockbrokers wishing to update their professional knowledge.