The investment world can be difficult to navigate, especially if you’re just starting out. There are lots of confusing terms and complicated acronyms that can turn off someone who’s looking to learn more about financial concepts.
Fortunately, there is no shortage of investing books that can help you learn what you need to know. Books can be read at your own pace and are typically written by experts who have spent years in the industry researching investments.
Here are some of the best investment books for beginners to consider adding to their reading lists.
Best books on investing for beginners
1. The Only Investment Guide You’ll Ever Need, by Andrew Tobias
If you are truly just starting out in your investing journey, this book is a great place to start. You’ll learn tips on how to save and invest for your future and get excellent advice on what to avoid in the financial world. Tobias has a great sense of humor, so the book is fun to read even if finance and investing aren’t your favorite subjects.
“The Only Investment Guide You’ll Ever Need” was first published in the 1970s, but was recently updated and has stood the test of time. It’s a great first step on your journey to being a knowledgeable investor.
2. The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, by John Bogle
Vanguard Group founder John Bogle, who died in 2019, spent his career advocating for and providing products and services that benefited everyday investors. Legendary investor Warren Buffett wrote in 2017 that if a statue were ever built to honor the person who had done the most for U.S. investors, the choice should be Bogle.
Bogle was a massive proponent of investing in index funds and keeping costs to a minimum, allowing more of the market’s returns to end up in shareholders’ pockets instead of fund managers’. His book shows you why it’s so important to keep costs low when you’re investing and touches on taxes, mean reversion, bonds and
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