Monday, June 29, 2015

Great Investment Books For Every Investor

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Hundreds of new investment books are published annually. Some of these books tell you that you can use them to get rich quick by investing a certain way. Other books claim to be packed with principles that have been around for ages, that are "tried and true." 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 are written by those who have had great success in the stock market, and other books have been written by those whose portfolio you would not like to have yourself. So the question becomes: How do I know which books are the right books? The answer is actually rather simple: forget about all these books; instead, go back to the ones that have been around, 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, written by Ben Graham, was originally published in 1934, and even today it is still considered a must-read. In fact, Warren Buffett has 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: This book by Philip Fisher explores 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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