Saturday, May 3, 2014

The Best Investment Books, For Every Investor

Hundreds of new investment books are published annually. Some of these books claim to have cracked the code for get-rich-quick investing. Other books claim to be full of "tried and true" principles. Some books try to help you make money in the long run, and others know exactly how to play the market right now. Some of these books are written by famously successful investors, and others are written by investors you have never heard of; sometimes, you have never heard of them for a reason. With so many options out there each year, it begs the question: Which books are the right books? The answer to that question is simple: forget about the books published recently, and go back to the ones that have stood the test of time. While there are certainly valuable books that have been published over the last few years, these long-standing books have been proven to be absolutely invaluable, and they will help you lay a great foundation. Whether you are a new investor or have been building your portfolio for ages, these three books are full of wisdom and advice that can help you moving forward.

1) The Intelligent Investor: This book, written by Ben Graham, was originally published in 1934, and even today it is still considered a must-read. In fact, Warren Buffett has called this book "the best investing book ever written."

2) The Essays Of Warren Buffett: And of course, every investor must read Warren Buffett himself; this book arranges Buffett's essays by topic and relevance. While every Buffett book is a good book, this option is a wonderful starting point, as it will aid you in every area of investing.

3) Common Stocks And Uncommon Profits & Other Writings: This book by Philip Fisher explores fifteen qualities of an excellent business. These thoughts from one of the greatest financial minds in history will certainly aid you in expanding your own portfolio.

By taking the tips of these men who knew how to make the market work for them, you can start to make it work for yourself; no longer will you be one of those who thinks the people who make money in the stock market are simply lucky; instead, you will know from experience that the people who make money in the stock market just plain know more than those who do not.

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