What’s your financial book of choice?
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? |
Bogleheads.
|
Tobias - the only investment guide you will ever need.
The Kindle version is only $10 and it will be the best ten bucks you ever spent. |
I think first you need to define what you are trying to achieve?
Is it investing some discretionary dollars or learning to trade the market for income, for example. These two objectives will require different approaches for putting capitol to use and reading material will be quite different. hth |
Odds are after 3 books you probably have more strategies than you need. Get a subscription to a weekly journal of your choice to keep up on the world economy. Then figure out what area of the economy you are interested in and focus your investment energy there.
And after that, make sure you give yourself enough time to develop another hobby. I have had too many trips with pilots that want to spend every free second talking about all the stuff he learned from Dave Ramsey. Even investment bankers know their jobs are boring and people would rather here about their boat than their bond market strategy. |
Nobody that has a system or method of consistently making money writes books about it. They're too busy making money.
|
W. C. Fields. A biography.....
"I spent half my money on women and booze. The rest i wasted." |
Originally Posted by FullFlaps
(Post 2815392)
Nobody that has a system or method of consistently making money writes books about it. They're too busy making money.
|
"The Science of Getting Rich."
-Wallace Wattles |
Originally Posted by 2StgTurbine
(Post 2815441)
While they don't write books or have podcasts, they do write about how to make money. Warren Buffett and Alan Greenspan write profusely on investment strategy and the economy. The problem is it is hard to repackage their writings in a simple How to Get Rich Quick book with a cheesy picture. Their teachings are too boring and havene't changed since the 70s. Lots of research, conservative predictions, low expectations, and the realization that in the short term the economy is a reflection on human emotion is hard to sell.
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. |
All times are GMT -8. The time now is 12:02 AM. |
User Alert System provided by
Advanced User Tagging v3.3.0 (Lite) -
vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.
Website Copyright ©2000 - 2017 MH Sub I, LLC dba Internet Brands