Your mind is the most significant asset. If you focus on your investing education, you will gain much in your lifetime. In order to help you invest in an easy and wise way, here offers top 10 best investing books that provide indispensable business and finance insights in 2014 for investors at all levels.
No.1 – A Beginner’s Guide to Investing: How to Grow Your Money the Smart and Easy Way
For beginning investors
A Beginner’s Guide to Investing has been listed among the top-selling investing books on amazon.com for the better part of the past year.
A Beginner’s Guide to Investing provide helpful guide to the readers on how to grow their money smartly and easily. The book authors are Join Ivy Bytes and Alex Frey who is a Harvard MBA. People can be assured that they will get the latest and useful thoughts and insights instead of misguided theories or useless self-promotion content.
In this book, readers will learn how to choose an investment account, how to build a portfolio of diversified ETFs, ways to save most on tax via 401(k) and IRA. All above will help you gain the knowledge to manage your money well for life.
Whether you’re a total investing novice or just puzzled about all the contradictory advice out there, you will find A Beginner’s Guide to Investing practical and effective for its lots of solid advice for building an overall investment portfolio.
No.2- The Millionaire Next Door
In our imagination, the millionaire always wears fancy suits, lives in big villa, drives current-model imported luxury car. Actually，a trust officer friend spends significantly more for his suits than the typical American millionaire. We may have a huge misunderstanding about millionaires. So the first step to be millionaire is to develop the necessary characters.
The Millionaire Next Door is not a typical investing book with golden investing rules but a research showing us the most significant characters millionaire shares. Author summarize the findings of research on those with at least $1 million and reveals a diametrical character those group people have, which is opposed to today’s earn-and-consume culture. It seems that they are not the biggest beneficial owners of material prosperity for they are disciplined in unbelievable way.
The first rule is, always live well below your means. What are the rules left, read this book and find them.
No.3-A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing
Burton Malkiel’s A Random Walk Down Wall Street is well known to be one of the modern classics on stock investing.
The author, Burton G. Malkiel, is the Chemical Bank Chairman’s Professor of Economics at Princeton University. His book can not teach you any opportunistic practice tricks or guarantee you a wealthy future. This book is an combination of theory and practice concerning helping reader learn how the stock market works and set up a healthy invest idea.Learning how to distinguish dazzling investment tools and rational planning, the individual investors can break the legend that only expert can set their foot on the Wall Street and take charge of their financial future.
It is a professional book to a certain degree, however, it is much easier to read than you expected. The author put the sophisticated theory in a sample way with vivid language.If you determined to have a fortune in stock market, read this book first.
No.4-The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
It’s said investing is a subject about common sense. When we chase after complex theory system built by economists and golden rules of success come up with the winners from the Wall Street, we neglect that the most simple principle is the most effective one.
Every investor wants to be fortunate in stock market, however, it’s a pity that most of them chose to be a speculator or gamble all their possession on only one stock. The right way given in the Little Book of Common Sense Investing is owning a diversified portfolio of stocks so that you can own substantial wealth. That’s a winner’s game.
Author put his simplicity idea in simplicity words. Under these simple words, you can feel his warm care and wise sense which is a compass for common individual investor.
No.5-The Neatest Little Guide to Stock Market Investing: Fifth Edition
The Neatest Little Guide to Stock Market Investing is a essential stock market guidebook, especially in its fifth edition provided timely information.
Compared with other investing book, this one have its advantages. Firstly, it collects latest changes of stock market and tell readers what remains timeless.Review of online tools in this book is notable. Secondly,it come up with a completely new insight to judge whether a measurement is good enough to identify winning stocks. The last but not the least, you can read an exclusive conversation with Bill Miller, Former Chairman & Chief Investment Officer, Legg Mason Capital.
Get this book and keep pace in the current market.
No.6-The Intelligent Investor: The Definitive Book on Value Investing
For true investors instead of speculators or day traders
The Intelligent Investor has been considered to be the stock market bible since its original publication in 1949. Benjamin Graham, one of the best investment advisor in twentieth century, inspires and directs people all over the world to be intelligent investors with his philosophy of “value investing”, in which Benjamin talks about how to avoid making investment mistakes by developing long-term strategies.
In this revised edition, readers will see updated commentary from financial journalist Jason Zweig, who incorporates the realities of today’s market into the book, so that readers know how to apply Graham’s principles to realize their financial goals.
No.7-One Up On Wall Street: How To Use What You Already Know To Make Money In The Market
Peter Lynch explains in One Up On Wall Street that what are the advantages that average investors have over professionals and how they can use these advantages to achieve financial success.
Lynch offers advice which is very easy to follow with the aim of sorting out the long shots from the no-shots by evaluating and reviewing a company’s financial statements and knowing which numbers really count.
As a #1 bestseller and a classic book of investment know-how, One Up on Wall Street offers you credible and useful strategies.
No.8-The Bogleheads’ Guide to Investing
The Bogleheads’ Guide to Investing gives readers straightforward investing guide and offers many practical advice in a slightly irreverent way. It collected ideas from people like Boglehead founder Taylor Larimore, and Morningstar forum leading cohorts Mel Lindauer and Michael LeBoeuf who have grassroots investment wisdom, so it is not only a textbook for beginners but also a refresher course for old hands. The original idea provided by them may arouse a revolution in some old hands’ mind.
Let this book guide you to the wealth creation and happiness.
No.9-Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System–and Themselves
This is a book high recommended by “Financial Times”. As a columnist and editor, Sorkin presents a comprehensible chronology and elaborate analysis of many monumental and perilous economic crises in Too Big to Fail.
In Too Big to Fail, you can be fascinated with its detailed account of economic crises and the personalities that fought to stop them. Besides, you can know more about humanizing background on all the major players.
The book is very readable with more than 600 pages. Unlike many other New York Times reporters, Sorkin does not obviously express his opinions in the story until the last several pages.
Liar’s Poker is a book depicting the life on Wall Street, the life of lower-level employees who get their start in the financial world in particular. Michael Lewis makes full use of his personal experience of his financial career in the Salomon Brothers bond program to represent the larger story of the rise and fall of the entire firm during the 1980s.
In this book, liar’s poker is a game played in idle moments by workers on Wall Street, which is designed to reward trickery and deceit. Lewis uses liar’s poker as a metaphor to illustrate how economic decisions which were made at the national level affected and changed securities markets and made bonds the most lucrative game on the Street at that time.
Lewis is a brilliant writer describing people and their situations vividly and memorably, therefore, you don’t need a lot of special knowledge to understand and love this book.