You're looking to pick up some knowledge about investing and you want to know what books are worth reading next year. Below we have a list of the best books on investing for you to get started.
The Intelligent Investor
The Intelligent Investor (1949) is a
book on value investing written by Benjamin Graham and published by
McGraw-Hill. Graham was a student of economics at Columbia University, who
became one of the world's most successful investors. The book was revised in
1973 and again in 2003, with each revision being titled "Revised
Edition." The 1973 edition was the first time that Graham gave his name as
co-author on this or any other book; prior to this, he had always used
pseudonyms when writing books. The book has been called "by far the best
book on investing ever written". It
gives an idea about how to invest, how to avoid mistakes while doing so, and how to
make money as well to get rich in stock markets by applying some simple
principles that are mentioned over there.
In this post, I explain more about the lessons that you can get out of this book.
The Power of Habit
The Power of Habit is a book by
Charles Duhigg. It was published in 2012, and it's an excellent read for anyone
interested in habit formation—whether you want to change your own habits or
help others do so.
The main premise of The Power of
Habit is that "habits are the invisible architecture of everyday
life." In other words, our daily behaviors are largely driven by
unconscious mental processes that become automatic over time. If you're
interested in learning more about how this happens, what kinds of things can
block or alter this process (and why), or how to improve your own habits, then The
Power of Habit will be great for you! Some other benefits include:
Think and Grow Rich
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If you’re looking for a book to help you get rich, this classic from Napoleon Hill is a great place
to start. It was first self-published in 1937 and has been updated several
times since then. The story centers on the life of an ambitious young man who
learns how to think like a millionaire. He meets various people along the way
who share their secrets with him—people like Andrew Carnegie, Henry Ford, and
Thomas Edison—and he finds success in his work as well as love when he marries
the daughter of one of these men (his wife actually makes an appearance at the
end).
The book contains many quotes from
historical figures such as Henry Ford (who said: “We don't want any yes-men
around us; our associates must be men who will disagree with us
sometimes."), Thomas Edison (who said: "There's no substitute for
hard work") as well as Benjamin Franklin's famous line about being prepared
("Early to bed, early to rise makes a man healthy wealthy").
How to Make Money in Stocks
When you're looking for a new book
to read, it can be hard to find one that's just right. Some books are too basic
and others are too technical. If you're an investor looking for some
inspiration, then look no further than O'Neil's How to Make Money in Stocks.
This classic has been helping people make money since 1973 when it was first
published. This book is a bestseller because it helps investors understand the principles
of making money in stocks and how they apply those principles to their own
portfolios. It also features case studies of successful investors who used the
author's advice--and still use it today--to achieve financial success with
their investments.
Principles: Life and Work
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One of the best investment books to
read in 2022 is Ray Dalio's Principles: Life and Work. This book is written by
billionaire hedge fund manager and founder of Bridgewater Associates, Ray
Dalio. He is also known for being a philanthropist, having given away $1.4
billion over his lifetime (he has pledged to give 99% of his wealth).
Principles: Life and Work outlines
the principles that have helped Dalio achieve success in his personal life,
work-life, and investing career. This book provides an intimate look at what
drives him as well as how he cultivates emotional intelligence at his company
Bridgewater Associates which has been named “the world’s most unusual
workplace” by Fortune magazine multiple times.
I Will Teach You to Be Rich
This is a book written by Ramit
Sethi, who is an internet personality and personal finance guru. The book was
published in 2010 and has sold over 1 million copies since then.
This book teaches the reader how to
manage their money effectively so that they can become rich. It teaches them
about financial literacy and personal finance in a very easy-to-understand way
that anyone can follow, even if they are not very smart with numbers or have
never been taught about investing before.
I Will Teach You To Be Rich is also
available as an audiobook on Audible.
Principles by Ray Dalio
Ray Dalio is a billionaire, philanthropist, and self-made man. He's also an entrepreneur and leader. His work has been praised by many as being "brilliant" and his thinking is considered to be on par with that of Warren Buffet.
Dalio draws on his own experiences
as a leader in both business and life to lay out the principles needed for
success in any area of endeavor: self-awareness (knowing your strengths);
decision making (acting decisively); emotional mastery (keeping emotions from
getting the best of you); learning from mistakes; prioritizing appropriately;
building strong relationships; handling criticism well; making time for others;
taking responsibility for yourself and your actions; working hard but not too
hard (balancing work life with family life).
Common Stocks and Uncommon Profits
Common Stocks and Uncommon Profits,
by Philip A. Fisher, was published in 1958. It is about how to invest in common
stocks that are undervalued. These are stocks that are not overpriced or
overvalued, but instead, have a price that is below their true value.
The book also discusses how to
identify these stocks and how much to pay for them before buying them. This can
help you become an investor who makes money consistently each year by investing
in good companies at low prices, so you don't lose money when the market goes
down or has a crash like it did in 2008 when Lehman Brothers collapsed (and
many other banks went out of business).
One Up On Wall Street
One Up On Wall Street is a book
about how to invest in stocks, written by Peter Lynch. The advice given in this
book can be applied to any investment vehicle, including real estate and mutual
funds.
The title is derived from the fact
that stock investors want to be one step ahead of Wall Street, which refers to
the financial district of New York City.
The Little Book of Common Sense Investing
If you're looking for a book that
can explain investing in plain, straightforward language, look no further than
The Little Book of Common Sense Investing by Jack Bogle.
Bogle was the founder and former CEO
of The Vanguard Group. He has had a major influence on the mutual fund industry—and
this book is considered one of his most important works. In it, he takes
readers through all the steps they need to take if they want to invest wisely
and safely.
The Little Book of Common Sense Investing can be read by anyone who has an interest in learning more about investing but doesn't have much experience with finances (or even investing). It offers step-by-step guidance on how to build your own portfolio through stocks, bonds, and mutual funds, and explains why each part is important for achieving long-term goals like retirement savings or college tuition for your children.
Conclusion
Now that you know the best investing books to read in 2022, why not start with one today? Make sure to check out Eurobondz for more!
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