Investments

The 15 Best Books about Investment for Beginners

best books about investment
Written by Agim Emmanuel

At this age and time, people are searching about finance only on the internet (blog), but a handy book could be a lot easier to adapt and follow, people search for the best books about investment for large or small scale businesses daily.

There is a famous quote about books that stays “A room without books is like a body without a soul” Reading investment books helps your business to grow and so helps to make good investment plans.

There are thousands of books to learn about personal finance, and investment strategies, most of these books are stories of famous investors sharing their secrets to financial freedom.

Before we get started let’s look at some investment terms that will help in setting good investment goals.

What Are Investments?

An investment is an asset or an act of putting effort, time, money, etc into something for the purpose of making a profit. When an individual purchase a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.

Best Books About Investment

Here are Our top 15 recommendations:

1. Best Overall: The Intelligent Investor

This book was first published in 1949, by Benjamin Graham “The Intelligent Investor” and it still has a great impact on people to this day. In his book, he talked about his well-known value investing strategy. Graham’s philosophy of “value investing” — shields investors from substantial error and teaches them to develop long-term investing strategies.

The Intelligent Investor

This book teaches readers how to make money in the stock market with little or no risk while tackling the emotional aspect of investing. This updated version includes commentary and footnotes by financial journalist Jason Zweig, which adds a touch of modernity.

2. Best on Real Estate Investing: The Book on Rental Property Investing

I will greatly recommend this book to realtors it provides a safe and fast path to financial freedom, and this business bestseller will show you exactly how to get there. With nearly 400 pages of in-depth advice, The Book on Rental Property Investing imparts practical and exciting strategies that real estate investors across the world are using to build significant cash flow with rental properties.

The Book on Rental Property Investing

Inside, you’ll discover:

  • Why many real estate investors fail, and how you can ensure you don’t!
  • Four unique, easy-to-follow strategies you can begin implementing today
  • Creative tips for finding incredible deals―even in competitive markets
  • How to achieve success without touching a toilet, paintbrush, or broom
  • Actionable ideas for financing rentals, no matter how much cash you have
  • Advice on keeping your wealth by deferring (and eliminating) taxes
  • And so much more

3. Best for Beginners: A Beginner’s Guide to the Stock Market

“A Beginner’s Guide to the Stock Market” explains everything readers want to know about the stock market—most importantly, how to make money from it.

A Beginner's Guide to the Stock Market

Written by bestselling author and former hedge fund manager Matthew Kratter, it covers topics ranging from common investor mistakes and how to avoid them, where to open a brokerage account, how to buy your first stock, and even how to make passive income in the stock market.

4. Runner-Up, Best Overall: The Little Book of Common Sense Investing

This book is among the best books about investment. The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds.

The Little Book of Common Sense Investing

In this book Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.

5. Best Memoir: Rich Dad Poor Dad

It’s been nearly 25 years since Robert Kiyosaki’s Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the #1 Personal Finance book of all time… translated into dozens of languages and sold around the world.

Rich Dad Poor Dad

Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.

6. Best books about investment: The Only Investment Guide You’ll Ever Need

Andrew Tobias’ “The Only Investment Guide You’ll Ever Need” was written in the 1970s (while he was working as a writer for New York Magazine, no less), but its advice still rings true today

The Only Investment Guide You’ll Ever Need

For nearly forty years, The Only Investment Guide You’ll Ever Need has been a favorite finance guide, earning the allegiance of more than a million readers across America. This completely updated edition will show you how to use your money to your best advantage in today’s financial marketplace, no matter what your means.

7. lessons on wealth: The Psychology of Money

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.

The Psychology of money

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

8. Best for Millennials: The Money Manual

Tonya Rapley’s “The Money Manual” is an ideal place to start for millennials who want to invest, but aren’t sure where to start—or for those who aren’t sure what to do with their money.

The Money Manual

In this book you will learn:

  • How to manage your money without feeling overwhelmed
  • A simple method for creating and implementing achievable financial goals.
  • Ways to use money as a tool to improve your life.
  • The best way for you to tackle financial basics such as budgeting, saving, improving or building credit, and eliminating debt.
  • How to navigate your student loan debt, understand your rights, and determine the best payment strategies available to you

9. Best Classic: Think and Grow Rich

Think and Grow Rich has been called the “Granddaddy of All Motivational Literature.” It was the first book to boldly ask, “What makes a winner?” The man who asked and listened for the answer, Napoleon Hill, is now counted in the top ranks of the world’s winners himself.

First published in 1937, it’s since sold more than 15 million copies. This updated version includes commentary from Arthur R. Pell, Ph.D., an author, lecturer, and consultant.

 10. Use What You Know To Make Money: One Up On Wall Street

America’s most successful money manager tells how average investors can beat the pros by using what they know. According to Lynch, investment opportunities are everywhere. 

 10. Use What You Know To Make Money:

Lynch offers easy-to-follow advice for sorting out the long shots from the no shots by reviewing a company’s financial statements and knowing which numbers really count. He offers guidelines for investing in cyclical, turnaround, and fast-growing companies.

11. Best How-To: The Simple Path to Wealth

JL Collins’ “The Simple Path to Wealth” started out as letters to the author’s daughter but soon grew into a massive guide on all things money

Among the expansive topics covered are debt, the stock market and how it works, investing in both a bull and bear market, asset allocation, and more. The book even goes into different retirement funds, from a 401(k) to a Roth IRA, the 4% rule, and the all-important f-you money fund.

12. Best for Debt Holders: Live Richer Challenge

Tiffany Aliche’s “Live Richer Challenge” books have gained mass popularity in recent years and with good reason. This pick helps those with debt get their finances in order so they can start investing and building wealth, tackling everything from money mindset to budgeting and saving to investing. 

Live Richer Challenge

A personal finance educator, Aliche is also the author of “The One Week Budget.” She’s been featured in “Good Morning America,” the “Today” show, The New York Times, The Wall Street Journal, and more.

13. A History of Interest Rates, Fourth Edition

A History of Interest Rates presents a very readable account of interest rate trends and lending practices over four millennia of economic history

A History of Interest Rates, Fourth Edition

Given the enormous volatility of rates in the 20th century, this implies we’re living in the age of political and economic excesses that are reflected in massive interest rate swings. Gain more insight into this assertion by ordering a copy of this book today.

14. How to Build Wealth: Tax-Free Wealth

After 31 years… Major Tax Reform ― and what it means to you True overhaul of the tax law only happens about once every 30 years.

How to Build Wealth

Once you have digested this book, take it to your tax advisor and have them read it (or better yet, buy them their own copy). Then your tax advisor, who is responsible for understanding all of the technical details of the law, can help you apply them to your specific situation. Enjoy this book and let me know what you think. You can always leave your opinion in the comments box.

15. Wealth Creation: Baby Steps Millionaires

Most people know Dave Ramsey as the guy who did stupid with a lot of zeros on the end. He made his first million in his twenties—the wrong way—and then went bankrupt

Baby Steps Millionaires

That’s when he set out to learn what God had to say about managing money and building wealth. As a result, Dave developed the Ramsey Baby Steps and became a millionaire again—this time the right way. 

In this book you will learn:

  • Take a deeper look at Baby Step 4 to learn how Dave invests and builds wealth
  • Learn how to bust through the barriers preventing them from becoming a millionaire
  • Hear true stories from ordinary people who dug themselves out of debt and built wealth
  • Discover how anyone can become a millionaire, no matter their financial status.

Bottom Line

Reading knowledgeable books can help you develop good investment ideas. These books are from authors all around the world sharing their secrete to success and even mistakes that could teach you a lesson, a famous writer said “we learn from others ” knowledge is the key to success. Invest your time today in reading.

References

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Agim Emmanuel

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