Know any Investing/stocks books or classes?

**sv2007** · 08-07-2016, 08:48 PM

I recommend Kramer's Get Rich Carefully book. It is an easy read (reads like a novel). It covers the basics on stock picking (although I don't agree with them entirely). Another book that I read recently is 10 Roads to Riches with covers RE investments (as one of the roads), here, I agree more completely, can't remeber the author. There's also another book titled Fire Your Stock Analyst, that was an ok read, this book aims at how to find value stocks (not what you are looking for, but it can give you ideas on how to analyze any stock).

As for food/drink stocks, or any sotkcs, you can check out their past historical performance and apply what you read on their current data.

My advice is to not buy high and sell low in stocks; it is surprisingly easy to do for newbies.

**feh** · 08-08-2016, 05:08 AM

Originally posted by Ruby~ View Post

Hello. Could you all recommend any online courses or books that could teach me the basics of dividend stocks? I would eventually like to either invest in property or in stocks (or maybe both).

Of course any advice you have would be appreciated too, since I'm a newbie in all this. I'd like to learn as much as possible.

My coworker told me that food/drink stocks would be a good idea since demand for food doesn't change much over the years. Is that true?

Thanks!

No comment on investing in realty, but I do suggest not chasing dividends, nor purchasing individual stocks.

Start here: https://www.bogleheads.org/wiki/Bogl...g_start-up_kit

**snafu** · 08-08-2016, 07:17 AM

Until you are an experienced investor, buying individual stocks increases your risk of losing money by choosing the wrong company. The trained analysts often have trouble beating the index and they have access to interviews and figures in advance of ordinary investors. What is your goal? Is the investment for retirement? Do you plan to trade actively? Are you wanting to buy stock [discounted] offered by employer as a staff benefit?

I suggest starting gently and simply with a low cost, low fee, well organized Mutual Fund like Vanguard. Their automatic plan called DCA [Dollar Cost Averaging] buys more units when price is lower, less when prices are high. The Index is a good start point and you can track their top ten holdings to better understand the process. They also offer Dividend Funds if you're determined to having that as your starting point. These choices are not 'written in stone.' If you start with Index, you can easily change to Dividend Fund at a later date or split holdings to include foreign equity or Bonds to possibly increase risk but get higher rewards.

Personally, I'm buying ETFs, [Exchange Traded Funds] that holds one targeted group of equities to reduce the risk of losing money to one, poorly managed company. I think there are too many shenanigans in the executive suite. You can read all about ETFs online.

**scfr** · 08-08-2016, 09:24 AM

I recommend the book "Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned In School" by Andrew Hallam for newbies.

**amarowsky** · 08-09-2016, 05:17 AM

Originally posted by Ruby~ View Post

Hello. Could you all recommend any online courses or books that could teach me the basics of dividend stocks? I would eventually like to either invest in property or in stocks (or maybe both).

Bogleheads.com seems to have vaults of pretty pragmatic information. And maybe could save you a lot of time instead of reading a bunch of books that can be outdated.

I really like the idea of both! (securities + real estate). I have recently shifted some of my desire to move to real estate investing. I like the idea of having a tangible asset pool as well as abstract (securities). My dentist only invested in real estate, starting back in the late 70 or early 80's. And since has turned it into a quite significant income stream. I think it's and idea that is very worth exploring and researching more.

I'm planning on going the slow and steady route with it, and just never selling a home again (while I'm working). Perhaps just pay each house off, and then have the rental income try and assist in paying my next home off quicker.

**JustBill** · 08-09-2016, 05:50 PM

Originally posted by amarowsky View Post

Bogleheads.com seems to have vaults of pretty pragmatic information. And maybe could save you a lot of time instead of reading a bunch of books that can be outdated.

I really like the idea of both! (securities + real estate). I have recently shifted some of my desire to move to real estate investing. I like the idea of having a tangible asset pool as well as abstract (securities). My dentist only invested in real estate, starting back in the late 70 or early 80's. And since has turned it into a quite significant income stream. I think it's and idea that is very worth exploring and researching more.

I'm planning on going the slow and steady route with it, and just never selling a home again (while I'm working). Perhaps just pay each house off, and then have the rental income try and assist in paying my next home off quicker.

Just a point of correction, it is bogleheads.org

**clatoden99** · 08-10-2016, 01:22 AM

The Only Investment Guide You Will Ever Need

The Intelligent Investor: The Definitive Book on Value Investing

Common Stocks and Uncommon Profits

Reminiscences of a Stock Operator

Contrarian Investment Strategies: The Psychological Edge

Where Are the Customers' Yachts?: or A Good Hard Look at Wall Street

**PRICEPLUS** · 08-16-2016, 10:42 PM

Investopedia.com is a fairly good sight to learn the basics of investing. Bankrate.com is also a good site for financial info.

I joined the AAII The American Association of Individual Investors. There is a membership fee involved though.

I used to use the Motley Fool but have not for a while. The library should have a great number of books. Good Luck!

Know any Investing/stocks books or classes?