Investing is the best way to build wealth over the long term. It is so important to learn about it because it can deliver great returns. But you should know that the higher the potential return of an investment, the higher the risk. This is why you’ll need to learn about investing through experience and investing books because failing to learn about it and recklessly handling your money can cause you in making huge mistakes.
To prevent you from making huge mistakes, these investing books will guide you into learning all about the basics of investing and the strategies to be successful in it. Besides, investing is so much better than holding your money in a savings bank that gives you very low returns.
1. Rich Dad Poor Dad
Rich Dad Poor Dad is about Robert Kiyosaki’s two dads who shaped his thought about money and investing. He shares what lessons he has learned from his two dads and shared great tips about investing. This was the first book I have read about investing. Thus will always be one of my favorites as it genuinely inspired me to become a better version of myself.
2. Little Book of Common Sense Investing
Mutual find pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. In this book, he explains the most effective investment strategy on how to make the best out of index funds. I recommend this to those who need guidance on investing in the stock and bond markets.
3. The Book on Rental Property Investing
Rental Property Investing is one of the best passive incomes out there and this book will give you great pieces of advice about real estate. With practical and helpful; strategies to build significant cash flow with rental properties.
4. Market Wizards
Market Wizards by Jack Schwager contains all the useful information he obtained from a series of interviews with the most successful investors in the world. This book will also explain on what are the traits displayed by successful investors and how to incorporate those traits into your life.
5. A Beginner’s Guide to the Stock Market
A Beginner’s Guide to the Stock Market will teach you everything you need to know about Stock Market, and how to grow your money. This book is an excellent guide for beginners and a good choice if you want to learn more about investing and trading
6. One Up On Wall Street
A classic book of investment know-how. One Up on Wall Street offers easy-to-follow advice about finding opportunities everywhere and how to build a great stock portfolio. This book is fun to read and perfect for those who are interested in investing.
7. The Intelligent Investor
This book is such a classic and is unofficially called the bible of investing, written in late 1940 and constantly updated to the present market. To know more about investing strategies, I suggest reading it and learning about the proven wisdom of Grahm’s strategies for becoming a great investor.
8. The Simple Path to Wealth
This book started with a series of letters for JL Collin’s daughter and is one of the best financial books I’ve ever read. In this book, you’ll learn about debt and how to avoid it, the stock market, strategies, and so much more!
9. Broke Millennial
This book teaches you how to go from flat broke to financial badass. It is also perfect for young investors who wants to find a guide in understanding personal finance and how to take control of their personal finances.
10. Clever Girl Finance
Clever Girl Finance is about leading women to learn more about the basic foundations of personal investing. Leaving you feeling empowered to get started investing immediately.
11. The Behavioral Investor
In investing, financial well-being is not your only focus but it should also be your mind. In the Behavioral Investor, you’ll learn about practical solutions for improving your investing and behavior, because there are a lot of psychological factors that will affect your decisions in investing.
12. The Bogleheads’ Guide to Investing
Made by investors who follow the sage wisdom of John C. Bogle. The founder and grandfather of index funds. Furthermore, in this book, you’ll learn index fund strategies and how to craft your investment strategy.
13. The Coffeehouse Investor
The Coffeehouse Investor by Bill Schultheis will teach you how to simplify your investment decisions and end up getting better returns. Moreover, on how to build wealth and balance your portfolio to manage risk and minimize fees.
14. The Little Book That Still Beats the Market
In this book, Joe Greenblatt will teach you a magic formula that will help you outperform the popular market averages and become a successful investor. The great thing about this book is that the magic formula that Greenblatt will share, will continue to work even if a lot of people will know about it.
15. The Most Important Thing
The Most Important Thing by Howard Marks focuses on valuable lessons such as critical thinking, risk assessment, and investment strategies that an investor needs to keep in mind. It also teaches you how to be a deep thinker and how to analyze the market you are planning to invest in.
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