Books can hold decades of earned knowledge in the span of a few hundred pages. When it comes to understanding finances, fewer decisions are easier, cheaper or more impactful than the move to educate yourself with a great investing book.
Money touches everything we do, so learning how to properly invest early in life can make a huge difference in your ultimate success.
It’s important to learn investment terminology. You’ll want to understand the difference between a stock and a bond, how cryptocurrency works, how inflation affects investments, the role of risk tolerance and how tax efficiency can increase a portfolio’s return.
It’s equally important to understand what money does and doesn’t do for a person seeking to grow wealth for future life events. That includes how we interact with money, how family experiences can shape our investment outlook and how significant debt can be a drag on our ability to achieve life goals.
To assist you in this endeavor, here’s a list of 11 books that address multiple aspects of the investing process. The authors range from leading financial gurus of their time to female, minority and next-generation authors who shape new perspectives.
Here are 11 of the best investing books for beginners:
- “The Intelligent Investor”
- “The Richest Man in Babylon”
- “The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns”
- “A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money…