Tuesday, November 23, 2010
Investment Books to Recommend
Every now and then, I get queries from readers on what books do I recommend that they read.
It is really hard to recommend books to read. After all, there are tons of investment books out there and they all cover a wide range of topics. Some teach you how to invest in stocks, some commodities, some real estate, some forex, etc, etc.
Basically, whoever has made money in a certain trade is sure to start writing a book and recommending to everyone to follow in his footsteps. And that is why Warren Buffet writes about stocks and Jim Rogers writes about commodities. I am sure some other real estate tycoon has made his money from real estate and will write about investing in real estate.
Are these good books? Some are, some are not. You have to discern for yourself whether the rules apply and whether you need to contextualise it to suit our environment.
Nonetheless, here are some of the books that I have read:
1. Capital Ideas
2. Random Walk Down Wall Street
3. Millionaire Next Door
4. Rich Dad Poor Dad
5. Retire Young, Retire Rich
6. Hot Commodities
Of course the books written by Warren Buffet and other investment greats are also worth reading.
But reading is one thing...............applying it in real life is a whole different playing field.
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