Saturday, March 8, 2014
Great Investment Books For Every Investor
Hundreds of new investment books are published annually. Some of these books claim to have cracked the code for get-rich-quick investing. Other books are full of principles that purport to be "tried and true." Some books try to help you make money in the long run, and others know exactly how to play the market right now. Some of these books are written by those who have had great success in the stock market, and other books have been written by those whose portfolio you would not like to have yourself. So the question becomes: How do I know which books are the right books? The answer to this question is actually quite simple: forget about all these books published in the last couple years, and go back to the ones that have stood the test of time. While there are certainly books published recently that could help you a great deal, it is important to first lay a foundation with books that have been proven to be invaluable. It does not matter if you are a new investor or someone who has been doing this for years; all three of these books are loaded with advice and wisdom that will help you. 1) The Intelligent Investor: This book by Ben Graham was published in 1934, and it is still considered a must-read for every investor. Warren Buffett even called this book "the best investing book ever written." 2) The Essays Of Warren Buffett: Speaking of Warren Buffett, this is a collection of his essays, arranged by topic and relevance. While you cannot go wrong with any Buffett book, this one is a great place to begin, as it will help you in every area of investing. 3) Common Stocks And Uncommon Profits & Other Writings: In this book, Philip Fisher examines the fifteen qualities of an excellent business. These thoughts from one of the greatest financial minds in history will certainly aid you in expanding your own portfolio. While many people think of the stock market as something scary - akin to gambling - you can follow the tips of the men who knew how to make money in the stock market, and by so doing, you can begin to do the same yourself.
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