Wednesday, May 21, 2014

Great Investment Books For Every Investor

Hundreds of new investment books are published annually. Some of these books claim to have cracked the code for get-rich-quick investing. Other books claim to be full of "tried and true" principles. Some books try to help you make money in the long run, and others know exactly how to play the market right now. Some of these books have been written by immensely successful investors, and quite frankly, others have been written by investors whose advice you would never take if you could see their portfolio. So the question becomes: How do I know which books are the right books? The answer to that question is simple: forget about the books published recently, and go back to the ones that have stood the test of time. While there are certainly books published recently that could help you a great deal, it is important to first lay a foundation with books that have been proven to be invaluable. Whether you are a new investor or have been building your portfolio for ages, these three books are full of wisdom and advice that can help you moving forward.

1) The Intelligent Investor: This book is considered a must-read, even though Ben Graham originally published it way back in 1934. Warren Buffett even called this book "the best investing book ever written."

2) The Essays Of Warren Buffett: Speaking of Warren Buffett, this is a collection of his essays, arranged by topic and relevance. While you cannot go wrong with any Buffett book, this one is a great place to begin, as it will help you in every area of investing.

3) Common Stocks And Uncommon Profits & Other Writings: Philip Fisher wrote this excellent collection of the fifteen qualities of an excellent business. These in-depth thoughts from one of the greatest financial thinkers in history is sure to help you expand your portfolio.

While many people think of the stock market as something scary - akin to gambling - you can follow the tips of the men who knew how to make money in the stock market, and by so doing, you can begin to do the same yourself.

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