Are you confused about investing and what you should invest your money in? I’ve made a list of five books that can guide you to success in your investment journey and create money where you didn’t think it was possible. Let’s have a look at our list:
If you’re planning to invest in something, you might as well take your advice from one of the greatest investment advisors of the twentieth century. Graham’s philosophy is all about long-term strategies and teaching investors how to minimize their losses. Following Graham’s advice will require true commitment, but it will also shield you from too many errors and offer you a safe bet. As the book says, superior results are really hard to achieve, but satisfactory investment results can be achieved a lot easier than most people realize. It is not about maximizing profit, it is about making sound financial decisions that won’t come back to hunt you. The version of the book I suggest here is a revised edition of the original, with the original text intact but with additional comments reflecting today’s investment market reality by financial journalist Jason Zweig. This gives the book a further update and allows investors to apply Graham’s principles under the present circumstances.
The authors of this book will teach you how to avoid being one of those investors that get a poor return on their money, how to surpass the majority of investors taking as little risk as you can, how to double your money, how to put in a minimum amount of hours into your investing and still be best than most investors, why it is not such a good idea to rely on a financial adviser and mutual fund manager, how to become confident in your money management skills, and so much more. If you’re a beginner investor, this book will make a lot of sense and offer you a great context for the investment field.
If you’re really confused about how the stock market works, this is the book for you. The book offers great insights into the history of stocks and shows you how to identify winning ones. It also puts a lot of emphasis on what tools, stock screeners, and analytical sites you should use in your investing endeavors in order to be successful. Don’t worry if you’re a beginner, the terminology is thoroughly explained and the author describes things in quite a humorous way at times.
You don’t have to be a professional to succeed on the market of investment, according to Peter Lynch. You have the chance to snatch investment opportunities before big shot investors can get to them. You just have to know where to look and investment opportunities are basically everywhere. This book will show you how to easily review a company’s financial statements and see through what really counts. You just have to take advantage of your inherent knowledge and keep an open mind to new ideas.
If you’re looking to start a career in investment banking, this book is a must. You will learn how to valuate companies, transactions and to do M&A analysis, as well as how to use different methodologies in your investment decisions. You will be empowered with practical skills and technical knowledge to make informed and confident decisions when it comes to investing.