3 Best Books On Investing That Every Beginner Should Read
Investing is something which can drastically build your wealth and allow you to create strong rates of return.
Many people choose to invest so that they can provide for their future, and increase their overall financial worth. If you aren’t investing you are missing out according to some of the experts.
If you are keen to learn about how investing works, then the best way is to read a good book with knowledge from those who have gone and reached success. That’s why in this article, we are sharing some of the best books on investing, to help you get a slice of the pie, and learn some of the best practices for yourself.
The Little Book of Common Sense Investing
The second investment book to feature on our list is the Little Book of Common Sense Investing by John C. Bogle. This is another popular read and one which features a lot of investing insights and information.
Features
The best-selling investing ‘bible’
In terms of popularity, this book is up there with some of the best. So much so, it has been named the investing ‘bible’ and so you can be guaranteed to read a lot of new insights, as well as new perspectives.
Investment principles to follow
The stock market has changed many times since this book was published, and yet Bogle’s investment principles have lasted and served investors very well. This book will teach you all you need to know about building wealth, with tried-and-tested strategies, just ready for you to put into practice.
Two extra chapters
Another advantage of this book is that Bogle has added two brand new chapters which have been designed to provide further guidance to investors. Therefore, you cannot miss this book if you are looking to get into investing the right way.
Pros
- Best-selling book
- Guaranteed strategies
- Easy to follow
- Beginner-friendly
- Practical Information
- Expert advice
Cons
Although this book is said to be good for beginners, it may be difficult to follow for some with less knowledge.
Summary
John C. Bogle was an American investor and founder of Vanguard Group who was an expert in investing. He has a range of books which cover investing, mutual funds and providing general business expertise.
The Intelligent Investor: The Definitive Book on Value Investing
The first investment book featuring on our list is The Intelligent Investor by Benjamin Graham. This is a very interesting read which includes a lot of special tips and information that is well suited for beginners. We take a more in-depth look at its key points below.
Features
The greatest investment advisor of the 20th century
Benjamin Graham is known to have taught and inspired millions of people around the globe. His book was first published back in 1949 and has continued to be a best seller since. It goes without saying that this book is guaranteed to teach you a successful strategy or two.
No-fail guide
Speaking of strategies, in Benjamin’s book, he offers his philosophy which promises no-fail strategies for riches. He provides expert guidance on tried-and-tested methods which are designed for long-term financial success.
Over a million copies sold
This book has in fact sold over a million copies, which shows just how good it really is.
Pros
- Expert advice
- Easy to read
- No-fail strategies
- Informative read
- Inspirational
- Many topics
Cons
Text is not aimed at beginners
Summary
Benjamin Graham was a well-known American investor and his books are very informative on his best practices, and philosophy.
The Only Investment Guide You Ever Need
The third and final investment book to feature on our list is The Only Investment Guide You Ever Need by Andrew Tobias. This is another best-seller book that is packed with useful, real life advice just waiting to be discovered – perfect for beginners.
Features
Full of tips and tricks
If you are looking for tips and tricks that you can follow and put into practice in your own life right now, then this book will definitely provide you with a few. Mr. Tobias has many ideas about saving money and teaches you the best way to manage money no matter your means.
Saves you money
The strategies included in this read will provide you with a range of ideas designed to improve your current financial situation, and learn how to build a substantial portfolio from the word go. There are tricks which will even help you to save more money, perfect for those looking to increase their overall wealth.
40 years of sensible, real advice
This book offers a range of sensible advice on spending, saving, investing and a whole lot more. The Only Investment Guide You Ever Need has been around for 40 years, and is still a best-seller today.
Pros
- Interesting tips
- Practical advice
- Real strategies
- Best seller
- Many topics
- Updated edition
Cons
Some topics may be too advanced for beginners
Summary
Andrew Tobias is an American author of twelve books which include more than one best-seller. He is known for writing investment books, as well as on politics, insurance and other topics.
Which are the Best Books on Investing?
So which is the best investment book for you? We believe all of the options mentioned in our article are sure to provide you with expert advice, and strategies you can use.
If you are shopping on a budget, then you may be keen to find the most reasonable option. If this is the case for you, the cheapest option from our list is ‘The Only Investment Guide You Ever Need by Andrew Tobias, while the more expensive book is; ‘The Little Book of Common Sense Investing’ by John Bogle.
So there you have it. Three of the best books on investing, we hope at least one of these has inspired you, and hopefully you will be on your way to investing soon.