The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Candid and inspirational, this book challenges the myth that you need to earn a high income to become rich, explains the differences between working for money and making your money work for you, and more. The wider Mr. Graham’s gospel spreads, the more fairly the market will deal with its public. The Intelligent Investor, first published in 1949, is a widely acclaimed book on value investing. It teaches the reader how to do things like evaluate a company’s intrinsic value, diversify and account for risk. Malkiel’s book includes some handy definitions of investment terms, and it applies them to various investment strategies geared toward different stages in life. See search results for this author. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low … Due to the age of this book, some of its contents are slightly outdated. Kahneman explains how to identify your own and lock them away so you can make investment decisions without their input, thinking clearly, rationally, and analytically. All Goodreads ratings in this story are as of April 2019. 201933459Z) is not licensed or otherwise regulated by the Monetary Authority of Singapore, and in particular, is not licensed or regulated to carry on business in providing any financial advisory service. Too Smart for Our Own Good is a cri de coeur about investment products that lull investors with the appearance of low risk and the promise of high returns, while actually introducing systemic … We may receive commissions from purchases made after visiting links within our content. After the basics, consider picking up a more topic-specific tome, like Michael Lewis’ “Liar’s Poker.” Or maybe pick up a book centered around a historical financial event, like John Kenneth Galbraith’s “The Great Crash 1929.”. In it, author Robert Kiyosaki shares his story of growing up with "two dads"—his real father and his best friend's father, or his "rich dad"—and how both men influenced Kiyosaki's views on investing. Burton Malkiel’s “A Random Walk Down Wall Street” boils down the basics without sacrificing readability. To get an idea of how your investments could grow over time, stop by SmartAsset’s, Investing is a complicated process that requires significant research to make informed decisions. Forty years later, Fortune named his company, Bridgewater Associates, one of the five most important in the U.S. "Principles: Life and Work" is part autobiography, part instructional. You're signed out. How Much Do I Need to Save for Retirement? I have followed Stephen’s research, extraordinary rigour and brilliance for many years and this book is the encapsulation of that brilliance: it is clear, concise, logical and thorough. Warren Buffett said it best: “Read 500 pages like this every day. A Smart Investment is done after analyzing all the risks associated with an investment and the associated … The Oldie But Goodie: “The Intelligent Investor” by Benjamin Graham Warren Buffett praised “The Intelligent Investor”... 2. It won’t tell you how to make millions, but rather how not to lose your shirt. Achieve Your Financial Goals in 2021 Guide, Runner-Up, Best Overall: The Little Book of Common Sense Investing, Best on Real Estate Investing: The Book on Rental Property Investing, Best Essay Collection: The Essays of Warren Buffett, Best for Beginners: A Random Walk Down Wall Street, Best Psychological: Thinking, Fast and Slow, Best for Basics: The Only Investment Guide You’ll Ever Need, Best Skill-Building: One Up on Wall Street, Best for Inspiration: Principles: Life and Work, With a Little Effort, It's Easy to Start Organizing Your Finances, How Is a List of Ways to Organize Your Bill-Paying Process, The 10 Best Personal Finance Books of 2021.