What is a good Author/book series on building wealth?

[CouponAddict]

I know there are alot of posts on this site about debt reduction and authors like Dave Ramsey & Suze Orman.

But where does someone who's only debt is their home loan go to learn/ read more on increasing their retirement savings, and building passive income?? I have learned some by checking out the website of Dave Ramsey & Suze Orman. But most of the stuff doesn't apply to me, or the focus is on the people who are on steps 1-4 (paying off debts and building a emergency safety net) .

I like that She (Suze Orman) says a female should save 5% more than a male because of the fact that the female will probubly live longer. Which looking at the length of life in the family trees this could be a huge fact in my case.

I like that Dave Ramsey says save 15% for retirement before paying off your home loan (or as others suggest - building a paydown loan account).

Where did you learn how to invest your retirement savings, and build passive income?? How do you know when to say enough pre-tax retirement saving -time to build assets?

[Broken Arrow]

Not everyone will agree with me, but once again, I suggest taking a look at the Boglehead's Guide to Investing. It's a great book, and even if you should decide that you're not a Boglehead, it's still a good foundation to build on.

[aida2003]

Where did you learn how to invest your retirement savings, and build passive income?? How do you know when to say enough pre-tax retirement saving -time to build assets?

To be honest, sometimes I question myself how I learned about investments, but then I stop because I just cannot recall what triggered building my knowledge. Maybe a financial management class in my MBA program when we were explained about time value of money, though I kind of doubt that.

Of course I knew about saving money but not about investing. I think I stumbled over the Motley Fool boards and that's how all started.

I don't know what's enough. We're trying to invest to the max in 401k, RothIRA's and then some in taxable accounts. Since my DH and I are more or less anti-consumers, so what else would we do with that money... We are happy about our choice.

[ceejay74]

What's a Boglehead, BA? Or do I have to read to find out? :-)

This sounds good though. I'll need all the help I can get when I start investing.

[buzz]

What's a Boglehead, BA? Or do I have to read to find out? :-)

This sounds good though. I'll need all the help I can get when I start investing.

John Bogle founded Vanguard.

Also, "A Random Walk Down Wall Street", "The Intelligent Asset Allocator", and "The Four Pillars of Investing" are pretty good.

[Taribor]

I am currently re-reading "The Intelligent Investor" by Benjamin Graham. He is the foundation of the Warren Buffett style of value investing. It is dated but I got the version with updated chapters by Jason Zweig.


There are so many investing books to choose from, and it can easily get overwhelming, but if you read "The Intelligent Ivestor" and "A Random Walk Down Wall Street" you will pretty know the foundation from which about 80% of the other books and ivestment styles in the Business section are coming from.

[zetta]

"The Complete Idiot's Guide to Getting Rich" is very good for figuring out what number to aim for, although it doesn't have much on the actual nuts and bolts of investing.

For someone who has their finances basically under control I also like the approach of "All Your Worth" on how to spend your money -- 50% needs, 30% wants, 20% saving/retirement.

Another vote for "The Intelligent Asset Allocator" and John Bogle's "Common Sense on Mutual Funds".

[Hot dog]

I like David Bach's books although some say he is repetitive. He is easy to read and simple easy to do advice. However it is simple but not all about just getting out of debt

[Aleta]

I like: THE WEALTHY BARBER
ALL YOUR WORTH
YOUR MONEY OR YOUR LIFE
THE BEST SALEMAN IN BABYLON
THE ONLY INVESTMENT GUIDE YOU'LL EVER NEED