Everybody has got to start from somewhere. I recall my earlier days in this journey as misguided and misinformed. I was lucky to persist, I kept an open mind and generally again just lucky. So here’s a few of the books that I would recommend for people just starting off. I really have come across folks not inclined to this subject and took a lot of inertia to pick up a book which is the right step. BUT, they picked up the wrong book. Eventually, they just decided that it was too hard. So I’m sharing this something I would have if I could go back in time. This is where and what you should start with.
How I narrowed down to these books in looking back is because I believe these are not so technical and doesn’t lose you in style of writing… (read: boring)
For Financial Literacy
Start with any of these two. You can’t go wrong. Read both if possible but not necessary. Cashflow Quadrant is useful for those who wants a more illustrative example of how to go about putting some of the things taught into practice.
RICH DAD POOR DAD – ROBERT KIYOSAKI
CASHFLOW QUADRANT – ROBERT KIYOSAKI
I think these 2 books just about gives the beginner the very concise and factual stuff you need to know to be investing in anything. Lynch writes about investing mainly and Malkiel really schools you on anything you thought impossible to know about Wall Street 101.
ONE UP ON WALL STREET – PETER LYNCH
A RANDOM WALK DOWN WALLSTREET – BURTON G. MALKIEL
There you go! I’m really excited for you as you embark on this journey and hope you will benefit much from this sharing. It was really the one advice I would give myself back when I first started.