Books to Read Before Investing: Investment might seem like a big leap of faith to many people, but that is not true. It’s not just a matter of “chance”, “luck” or “risk”. It definitely is possible to get valuable advice from experts who have proven themselves repeatedly despite volatile markets. Here is a list of nine books from such fine people who have outdone themselves with respect to investing, which give impeccable advice on investment.
9 Best Books to Read Before Investing
The Essays of Warren Buffett: Lessons for Corporate America
Warren Buffet is not just a business magnate and one of the richest men in the world, he is also an extremely intelligent man. This book, originally a series of letters containing valuable information, consists of tangible and intelligent tips to make the market work for you. The best part is that Buffet combines these serious discourses of knowledge with a lot of humor and even more intellectual discussion. He’s the perfect investment writer of all times.
Rich Dad Poor Dad by Robert Kiyosaki
In this classic, Kiyosaki’s aim is to make laymen understand how to make money work for them rather than working for money. This is highlighted through the primary difference between his biological and adopted father, one of whom is rich and successful with radical ideas and the other is simple and middle class with traditional thinking. Through this entertaining contrast, Kiyosaki talks about the serious topic of investment and finance.
The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
This book is almost a cult classic of investment and talks about how you can reach financial goals through value investment. In this, he says that one cannot outdo the market no matter how smart one is because the market comprises one. Thus, there is no point relying on people who claim to help you outshine the market with their financial expertise. Instead, there are proven and practical ways to succeed in the market despite the volatility.
The Little Book of Common Sense Investing by John Bogle
Bogle, the great dynamic investor, has a simple funda – that investing has a lot to do with common sense. In his classic book, he shows the layman how he or she can use common sense in order to win success even in a volatile market. This book has detailed information about the more technical aspects of investment as well as practical tips about how to use these to make great profits. Even Warren Buffet recommends this book.
The Simple Path to Wealth by J L Collins
Collins wrote this book originally as a series of letters to his daughter to teach her about investment. So as you can imagine, this book is honest, truthful and very to the point and direct about its tips. It doesn’t come from an author trying to make royalty off some repetitive junk but from a father concerned about his daughter. From debts and loans to asset allocation and the stock market, this book is the best guide to investment.
Smarter Investing: Simpler Decisions for Better Results by Tim Hale
This book, which is perfect for beginners, follows a distinct approach towards the volatile market of investment. Hale gives spot on tips about how to keep investing despite minor crests and troughs in order to power through the volatility. This book emphasizes passive investing and that forms the crux of his book. Like the subtitle suggests, this book is quite simple to read and easy to get through even for laymen.
Clever Girl Finance: Learn How Investing Works, Grow Your Money by Bola Sokunbi
Investing is often thought of as a field for men, that women rarely venture into. But this book sets out to challenge these perceptions. This book gives practical, to the point and very implementable knowledge specific to girls about the nitty gritty of investing. Sokunbi is the legend behind her popular website of the same name, and this book encapsulates all her investment and wealth related decisions for the first time.
A Random Walk Down Wall Street by Burton Malkiel
From the Professor Emeritus of Economics in Princeton University comes a definitive guide to investing. In his newest edition, he breaks down all investing jargon from bitcoin bubble to tax loss harvesting for us. He carries us through different investment forms like bonds, stocks, property, gold and other precious commodities. In the process, he gives us tangible, practical knowledge that acts like a semblance of an anchor amidst market volatility.
One Up on Wall Street by Peter Lynch
This book is ideal for those who are just beginning their investment journey because it talks about the ways average investors have a leverage over experts. This might seem counterintuitive but the points he makes actually make sense. For instance, he says that the world around us is full of products companies sell, and recognizing their worth can help make investment decisions about those companies. Thus, he shows us how one can use their specific expertise to guide their investment decisions rather than technical know how’s.
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