What’s your financial book of choice?
05-07-2019, 06:41 AM
#11
Perennial Reserve
Joined APC: Jan 2018
Posts: 11,503
Originally Posted by FullFlaps
All these self help feel good financial books only make the author rich. I didn't know who David Ramsey is so I had to Google. Why would you listen to a guy that overleveraged and went bk?
Figure out what you want to invest in / how and then get into the technical books, legal theory and tax laws. The hardest part of making money is keeping it. American tax laws favor certain asset classes more than others.
Markets on all time frames reflect crowd perception and emotions. Economies are the actual goods and services being transferred.
Figure out what you want to invest in / how and then get into the technical books, legal theory and tax laws. The hardest part of making money is keeping it. American tax laws favor certain asset classes more than others.
Markets on all time frames reflect crowd perception and emotions. Economies are the actual goods and services being transferred.
05-07-2019, 08:33 AM
#12
Gets Weekends Off
Joined APC: Apr 2017
Posts: 3,595
Originally Posted by Fourpaw
What’s your book of choice?
Rich Dad Poor Dad
Millionaire Next Door
Ramsey’s Total Money Makeover
What else is a good read out there?
Rich Dad Poor Dad
Millionaire Next Door
Ramsey’s Total Money Makeover
What else is a good read out there?
Start with Ramsey to understand how to manage your personal finances and get out of debt first.
Then move on to Millionaire Next Door to understand the mentality of the average millionaire.
And then do Rich Dad Poor Dad to understand investing in business or real estate.
Ramsey's investing advice is just bad. And Rich Dad Poor Dad doesn't do the stock market very well. But both have their high points.
Also, these # podcasts / YT channels are pretty good too:
https://www.youtube.com/user/BiggerPockets
https://www.youtube.com/channel/UCOs...JxLJj70_z7AZKQ
https://www.youtube.com/channel/UCoh...Pjok77y6El3EHg
05-07-2019, 08:34 AM
#13
Gets Weekends Off
Joined APC: Apr 2017
Posts: 3,595
Originally Posted by 2StgTurbine
Get a subscription to a weekly journal of your choice to keep up on the world economy.
05-07-2019, 08:35 AM
#14
Gets Weekends Off
Joined APC: Apr 2017
Posts: 3,595
Originally Posted by FullFlaps
I didn't know who David Ramsey is so I had to Google. Why would you listen to a guy that overleveraged and went bk?
05-07-2019, 09:04 AM
#15
Gets Weekends Off
Joined APC: Feb 2010
Posts: 2,278
Originally Posted by SonicFlyer
You do realize those magazines are mostly sales and marketing vehicles for investment products, right?
05-07-2019, 02:19 PM
#17
Gets Weekends Off
Thread Starter
Joined APC: Mar 2012
Position: Airplane
Posts: 683
Just to clarify, not requesting help on investing or etc. Just curious of the books/publications people are enjoying.
Btw on another note of good books, anyone read “Wheat Belly” either the first or second edition?
Btw on another note of good books, anyone read “Wheat Belly” either the first or second edition?
Last edited by Fourpaw; 05-07-2019 at 02:42 PM.
05-08-2019, 10:27 AM
#19
Line Holder
Joined APC: Mar 2018
Posts: 52
Originally Posted by sourdough44
Over the years I’ve had Bob Brinker & John Bogle at the top.
Below that just a tad of Dave Ramsey & Clark Howard & others.
One should look to various sources & match it with their individual particulars.
Below that just a tad of Dave Ramsey & Clark Howard & others.
One should look to various sources & match it with their individual particulars.
As for investing conservatively, hard to beat Bob Brinker. My dad was a working stiff construction worker and retired quite comfortable utilizing BB after 20+ years. Not a get rich quick road.
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