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02-13-2006, 04:23 PM
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$ Saving Fourth Grader
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Join Date: Feb 2006
Posts: 29
Points: 1338.50
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Book recommedations for newbies??
I would like to compile a short list of what everyone thinks are the best books regarding investing to have the shelf. I am eager to learn and some of them are written for experience pros out there. Seeking the really well written ones, in simple, plain English that scare the beginner away. Thanks.
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02-13-2006, 05:15 PM
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$ Saving HS Freshman
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Join Date: Oct 2005
Location: Transplanted Canuck
Posts: 121
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Re: Book recommedations for newbies??
Motley Fool's You Have More Than You Think.
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02-13-2006, 05:28 PM
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$ Saving HS Freshman
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Join Date: Dec 2005
Location: Canada
Posts: 143
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Re: Book recommedations for newbies??
I have two books wrote down that were recommended. I'm waiting for the library to get them in. They are:
Financial Peace by Dave Ramsey
Debt Proof Living by Mary Hunt
Thanks for posting this question. I'm also interested to see what books are recommended.
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02-13-2006, 05:33 PM
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$ Saving HS Senior
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Join Date: Apr 2005
Location: Weaverville, NC
Posts: 275
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Re: Book recommedations for newbies??
I haven't read the whole book, I read some of it at the library "The Millionaire Next Door" I can't remember the authors name though.
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02-13-2006, 06:09 PM
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$ Saving HS Freshman
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Join Date: Dec 2005
Location: Canada
Posts: 143
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Re: Book recommedations for newbies??
Just to give credit where it's due...I believe Ima Saver recommended those two books that I listed.
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02-14-2006, 07:09 AM
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$ Saving College Senior
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Join Date: Sep 2004
Location: In My Office
Posts: 1,658
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Re: Book recommedations for newbies??
The Intelligent Asset Allocator
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02-14-2006, 07:49 AM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
I did reccommend those two. Another real simple one is the wealthy barber by David Chilton. It is not about barbering but advice from the wealthiest man in town. I have always thought if you wanted advice about financial matters, you should ask a rich person.
It is an easy read book.
Also, "The only other investment guide you'll ever need" by Andrew Tobias. It was thru reading these books and the Money magazine that I picked up all of my financial knowledge.
Mary Hunt's book is more about getting out of debt, but we all have to do that in order to have money to invest. I am so happy to see some younger people interested in investing.
The best time to start investing is when you are young, the second best time is today!
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02-14-2006, 08:20 AM
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$ Saving HS Sophomore
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Join Date: May 2005
Location: Raleighwood, NC
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Re: Book recommedations for newbies??
The book that really made me think was "Rich Dad, Poor Dad" by Robert T. Kiyosaki.
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02-14-2006, 08:26 AM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
I liked it and have it, but The WEalthy Barber explained things so simply, a teenager could understand it.
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02-14-2006, 12:15 PM
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$ Saving First Grader
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Join Date: Nov 2005
Posts: 9
Points: 110.20
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Re: Book recommedations for newbies??
- the only investment guide you'll ever need -- andrew tobias
- your money or your life -- joe dominguez and vicki robin
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02-14-2006, 12:36 PM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
The book that I reccommended by Andrew Tobias, the only other investment guide you will ever need, is just an update of the first book, the only investment guide you'll ever need. I also like "Smart women finish rich" by David Bach.
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02-14-2006, 02:48 PM
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$ Saving HS Senior
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Join Date: Sep 2005
Location: Northern California
Posts: 332
Last Blog Entry: Odds and ends
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Re: Book recommedations for newbies??
david bach booxes are good to start with. very basic and easy.
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02-14-2006, 02:53 PM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
I went to one of his seminars and enjoyed it very much.
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02-15-2006, 01:54 PM
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$ Saving College Junior
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Re: Book recommedations for newbies??
I loved Your Money or Your Life when I borrowed it from the library.
I picked up two books today: The Millionaire Next Door and Start Late, Finish Rich. Personally, I don't feel like I'm starting late, but I wanted to read it anyway.
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02-15-2006, 02:10 PM
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$ Saving College Senior
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Join Date: Sep 2004
Location: In My Office
Posts: 1,658
Points: 22288.20
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Re: Book recommedations for newbies??
TMND will go down as a classic. It's a must-read.
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02-16-2006, 11:29 AM
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$ Saving Second Grader
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Join Date: Feb 2006
Posts: 11
Points: 110.00
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Re: Book recommedations for newbies??
If you're in a relationship, Smart Couples Finish Rich is a good beginner book. It whipped us into shape.
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02-16-2006, 11:38 AM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
It must be by David Bach?? I have never read it but I bet it is a great book for couples! ood for you, him and her!!
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02-17-2006, 08:32 AM
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$ Saving College Junior
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Re: Book recommedations for newbies??
I just picked up All Your Worth. I think someone else here has read it - the 50/30/20 ratio discussed in this book sounds familiar.
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02-17-2006, 01:03 PM
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$ Saving College Dept. Head
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Re: Book recommedations for newbies??
Start late, finish Rich by David Bach is on the best seller list right now. At this moment he is on Oprah talking about how 70% of americans are living pay check to pay check.
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