Aug 11, 2011

My Favorite Financial Books

Hey Readers,

Thanks for stopping by.  Today I'd like to share a short post with you featuring my FAVORITE literary resources for personal financial advice and tips.  I refer back to these sources often, and I know you'll all be able to benefit from the content they provide.  Let's get right to it. 

Books:

1. The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On with Your Life
2. The Bogleheads' Guide to Investing
3. The Four Pillars of Investing: Lessons for Building a Winning Portfolio
4. The Essays of Warren Buffett: Lessons for Corporate America
5. The Intelligent Investor: The Definitive Book on Value Investing

I've listed these in descending order from easiest to toughest reads, and from simplest investing strategies to most detailed and difficult. 

The Coffeehouse Investor is less than 100 pages and can be read in one evening.  The focus is placed on forgetting about Wall Street nonsense like CNBC, and creating an emergency fund, investing in index funds, and asset allocation tips.  The Bogleheads' Guide to Investing has a similar approach, but goes into more details on the different asset classes you should be investing in.  The foundation of the book stems from John Bogle, founder of Vanguard who revolutionized the investing world.  The book has a related internet forum at Bogleheads.org, which is an absolute favorite of mine.  The Four Pillars of Investing by William Bernstein is a more in depth look at why investing in index funds is a winning strategy, and gives you detailed asset allocation tips, even including specific fund strategies.  I've included The Essays of Warren Buffett: Lessons for Corporate America because I found it to be an outstanding read as Warren has a special way of communicating complex issues in an easy to understand way.  The Intelligent Investor has long been rated the #1 investment book of all time, as it was written by Warren Buffett's mentor, Benjamin Graham of Columbia University. 

I'm confident this will give you an excellent "jump start" to amassing the wealth you desire, and will undoubtedly put you ahead of 95% of the investors participating in the stock market.  Have a great day, and please share this post with a friend if you've found it useful!'

Peace and Love,

TB

1 comment:

  1. Really liked wb's essays for Corp America. Nice suggestions

    ReplyDelete