Nowadays, it is encouraged for young adults and professionals to start investing early. This allows his or her assets to generate more returns over time. Investing just a few years early can translate into thousands on additional funds that you can put into your retirement funds to make your future more secure.
While it’s important to invest early, it’s also important to invest wisely. Let’s take a look at several investing books that can give essential financial insight for young investors. These are extremely informative and it will leave a good impact on you.
The Intelligent Investor
The Little Book that Beats the Market
Beat the Crowd by Ken Fisher of Fisher Investments
This is a straightforward guide for a think-it-yourself investing. This book shows you how to consider thinking out of the box to find real opportunities that are at play. A lot of people believe that by doing the opposite of everyone else is the key to avoid faulty investment decisions – although there’s more – this book will provide you knowledge to filter the noise and avoid common investment pitfalls. Find out more about Fisher Investments Beat the Crowd.
Rich Dad, Poor Dad
This is a classic must-read for young investors. This book advocates investments that produce periodic cash flow for the investor while providing equity value. It also stresses the importance of financial literacy and financial independence as the goal to avoid the race of corporate America.
The Most Important Thing
This is a very useful book as it teaches you the keys to a successful investment and it will also teach you about critical thinking that is important to be able to keep up with the trends in the stock market.
The Dao of Capital
Looking to have a positional advantage in the world of investing? The methodology of Austrian investing might just be for you. This is a book by a real risk-taker practitioner in the stock market.
Buffett: The Making of an American Capitalist
Discover the value of investing. This book has changed a lot of lives of investors.
The Misbehavior of Markets: A Fractal View of Financial Turbulence
A realistic financial book ever published, this book talks about the criticism against the modern finance theory which is usually built on the underlying assumption that distributions are just normal.
The most successful investors did not achieve what they are experiencing overnight. It takes years wherein they honed their skills through research and practice. Reading these books will help you on your investment journey. Add these to your reading list – they are definitely a good read to improve your investment skills and also a great guideline for you.