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What should I read to learn about investing?

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  • What should I read to learn about investing?

    I am an investment pre-Kindergartener. I need to get a book/website/something to read so that I can learn about this subject. This site is helpful, but I sometimes have a hard time following. Anything you have experience with?

  • #2
    "Wall Street Journal Complete Money and Investing Guidebook" is a good basic primer.

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    • #3
      The library has a whole section of books on investing and likely CDs as well. Suzie Orman's series is popular. Investing for Dummies covers the basics in an easy to read format. I liked The Wealthy Barber, Coach Potato and Rich Dad Poor Dad Series because they use the Keep it Simple mindset.

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      • #4
        My first book - the one that got me dreaming about saving - was The Millionaire Next Door.
        “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

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        • #5
          Originally posted by SnoopyCool View Post
          This site is helpful, but I sometimes have a hard time following.
          Ask lots of questions. We'll be happy to answer them. if someone posts something that you don't understand, ask them to explain it in more basic terms.

          As for reading, I agree with the others. The Wealthy Barber, Millionaire Next Door, Suze Orman and David Bach are all good places to start.
          Steve

          * Despite the high cost of living, it remains very popular.
          * Why should I pay for my daughter's education when she already knows everything?
          * There are no shortcuts to anywhere worth going.

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          • #6
            Depending on the size of your local Goodwill, you can find numerous books on investing as well as personal finance. I have bought and read around fifty books between the two subjects. I've never paid more than 3 dollars for a book, most between 2 and 3 dollars.

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            • #7
              I agree with Investing for Dummies. It breaks everything down into the nuts and bolts of investing. It starts out with the very basics, like "what is a stock?"

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              • #8
                Thanks so much everyone! I'll head to the library this week.

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                • #9
                  Ditto on the dummies book. I like the Suze Orman series. I never read DAve RAmsey b/c I never got into a debt pickle, but I enjoy his show (minus the tons of commercials on it) lol

                  I have read a lot of investinging/finance books. They get redundant after a while. I learn a lot about finance and economics in general getting Money Magazine from the library. Some of the other zines were too advanced and not relevant to a small time investor like me.

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                  • #10
                    Dave Ramsey is a great author for getting out of debt and how to deal with debt, but not so much when it comes to investing. Investing depends on each individuals situation, goals, etc. Small time investing is great with the For Dummies series, or for that matter, one of the best finance books I've ever read is Personal Finance for Dummies. It's a great book that addresses small time, personal investing.

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                    • #11
                      After you have a basic understand of stocks, I recommend borrowing Bogle on Mutual Funds from your local library. This is probably the best mutual fund book I've ever read. It is not the easiest read in the world but it has everything you could possibly want to know prior to choosing from the plethora of mutual funds (and really any collective investment product, like an index fund for example).

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                      • #12
                        four pillars of investing

                        by william berstein.

                        Talks about conservatively investing in index funds. The best investment book I've read so far. It gets a little bit heavy, so be patient.

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                        • #13
                          Boglehead's Guide To Investing - Various
                          Unconventional Success: A Fundamental Approach to Personal Investment - David Swensen

                          Either ONE but BOTH are not necessary. No others to recommend.

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                          • #14
                            I would suggests you visit your local library as they have tons of stuffs over there for you to consider. You may also visit my blog.

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