In honor of “National Book Lovers Day” which is apparently celebrated on August 9th, I’ve decided to share some of my favorite investing books.
Full disclosure that two of the books listed here were written by yours truly. I wouldn’t be recommending them if I didn’t think they were great. Check out the reviews if you need proof 😉 Enjoy!
One up on Wall Street
by Peter Lynch (Stock Investing)
“Understand the nature of the companies you own and the specific reasons for holding the stock. (“It is really going up!” doesn’t count.)”
-Peter Lynch
Peter Lynch is one of my all-time favorite investors (right next to Warren Buffett).
The reason why I absolutely loved “One Up on Wall Street” is that Lynch is a strong believer (like myself) that no one needs fancy degrees or a wealthy family to participate in the stock market and grow wealth via investing.
His theory is that the average person is an experienced consumer and can use that ‘insider’ perspective to make great investment decisions.
The book is written in a way that is simple and straight to the point. The books was originally published in the year 2000 and so, some of the examples are outdated.
However, the core educational content is relevant and highly valuable.
The Little Book of Big Dividends
By: Charles B. Carlson
“Dividends are ultimately paid out of a company’s profits, so pay attention to the relationship between the two.”
-Charles Carlson
As a fan of dividend-paying stocks, I was excited to read a book that could expand my knowledge when it comes to selecting high-quality dividend payers. This book did not disappoint. It is super easy to read. I was able to pick up some great nuggets of wisdom along the way.
This book was published back in 2010 and a lot of things have changed since then. However, the core knowledge regarding the power of dividends remains intact.
Side note: If you were not aware – we offer a highly-rated beginners course all about this topic: The Wonderful World of Dividends.
Stock Market Investing Mini-Lessons for Beginners
by Mabel Nunez
“I aim to dispel any misconceptions around stock investing and show that you don’t need to work in Wall Street, have a PhD in Finance, or wear an expensive suit to participate in the stock market. Pretty much anyone who makes a conscious and committed decision to learn this subject can do so and benefit from it”.
-Mabel N., MBA
Back in the days when I wanted to learn how to invest, I would pick up books at Barnes and Noble or the library that claimed to be for “beginners”.
I would take these books home and be completely lost and confused with all the finance lingo, and complicated language – I often wondered what type of beginners were they talking about?!
Nearly 10 years into my investing journey, I decided to write a book that breaks down investing in its simplest term. It covers pretty much all the basics and allows you to feel more comfortable and confident with the stock market. This book quickly became an Amazon Best Seller and is ideal for beginners.
A complimentary copy of this book is included for participants in our Stocks Bootcamp.
Stock Analysis 101: A Step by Step Guide
by Mabel Nuñez
“I can’t emphasize enough how important research is. If you plan to buy stocks solely based on what someone told you to do or something you see on social media, but fail to do your research – you run the risk of losing a lot of money fast.”
-Mabel N., MBA
Through lessons that are straightforward and easy to understand, this book explains how you can analyze prospective stock investments to make educated investing decisions. Plus, it show you the “practical” side of investing such as how you can actually purchase a stock, complete your first stock transaction, and beyond.
A complimentary copy of this book is included for participants in our Stocks Bootcamp.
The Little Book of Common Sense Investing
by John Bogle
“Don’t look for the needle in the haystack. Just buy the haystack!”
-John Bogle
John Bogle is another one of my virtual investing mentors (together with Warren Buffett and Peter Lynch).
The book is a quick read yet very informative and highly educational. The author focuses mostly on the power of Index Funds and how you don’t have to spend time and energy trying to find successful individual stocks. He spells out what to look for in an index fund to make sure you pick the right one(s).
Most of you know I am a fan of individual stocks and about 99% of my investment portfolio is composed of individual stocks at the present time.
HOWEVER, I still considered this book to be a gem and highly valuable for anyone out there interested in Index Fund investing instead of stocks – or looking to have a balance of both in their investment portfolios.
And that’s all for now. Have you read any of these books? And/or do any catch your eye for future reading? Let me know in the comments!
With gratitude,
Mabel
*****
Courses & Resources:
Ready, Set Invest: A Crash Course on Being Ready to Invest – This is a best-seller (2-hour class) all about how to be PREPARED to invest. To get on the waiting list for the upcoming edition of this workshop, click here.
Understanding Your Investing Options: This is a Master Guide that explains in simple and practical terms ALL of the investing platforms available this day and age, types of investment accounts, types of investments, and beyond. Click here to invest in this amazing resource.
Girl$ on The Money 