Top 10 Investing Books [Updated 2022]
investment is more than just saving; it’s about making money grow over time. Investing is a financial discipline that is not well taught in school, but it is something that everyone should know. Before making the right investment, people need to understand the terms, jargon, strategies, and implementations, among other things. the best approach is to read some of the best investment books and get some information.
Here are the top 10 investing books for anyone looking to improve their financial planning skills –
You are reading: Best investment books 2022
- The Intelligent Investor: The Definitive Book on Value Investing (get this book)
- rich dad poor dad (get this book)
- think & get rich (get this book)
- the little common sense investing book (get this book)
- the only investment guide you’ll ever need (get this book)</li
- the book on investing in rental property (get this book)
- a women’s guide to successful investing (get this book)
- a beginner’s guide to the stock market (get this book )
- the money handbook (get this book)
- one up on wall street (get this book)
let’s take a closer look at each book and try to understand what they offer –
#1 – the smart investor
the definitive book on value investing
by benjamin graham
first appeared in 1949, this is one of the best investment books. author benjamin graham is considered the father of value investing value investing value investing is a long-term strategy that involves buying and holding undervalued securities, real estate, or other financial assets.read more.
book review
The book works as a gospel for investors. many podcasters, authors, and investors talk about how well the book covers and understands all aspects of investing and financial educationfinancial educationfinancial education refers to an investor’s knowledge and understanding of various financial products that help them with money management money, personal finance, investment and tax planning. examines how prudently an individual manages their finances, thus creating the necessary requirements, such as an emergency fund, a retirement fund, and how they plan to handle insurance, estate planning, paying for education, etc. read more . is a practical book with calculations and graphs to help readers understand the long-term effects of investing. the book also sheds light on how to make profits in the stock market stock market the stock market works on the basic principle of matching supply and demand through an auction process in which investors are willing to pay a certain amount for an asset and are willing to sell something they have at a specific price.read more without taking greater risks. As a result, this book can be of great value to someone just beginning to invest.
key points
- The book is as applicable as it was in 1949 when it was first published, making it an absolute classic.
- It processes the real-life performance of companies, stocks, and funds along with marginal safety and room for human error.
- The book plays a key role in investment education.
#2 – rich dad poor dad
by robert kiyosaki and sharon lechter
robert kiyosaki, in this book, talks about how in his childhood he had two parents, one poor and one rich, and highlights the quick thinking and behavioral science of rich people.
book review
poor dad is robert kiyosaki’s father, and rich dad is his friend’s father, whom he took as his rich dad. Kiyosaki elaborates on the difference between a poor man’s thinking and a rich man’s mindset. In addition, the book discusses real estate investment strategiesinvestment strategiesinvestment strategies help investors determine where and how to invest based on their expected return, risk appetite, corpus amount, holding period, retirement age , industry of choice, etc.read more and the budget, and the firm difference between assets and liabilities. the book was originally published in 1997 and is part of a trilogy written by the author.
key points
- The book is famous for its real life example and for pointing out the difference between how a poor man works and how a rich man operates.
- It has many examples of investing in different assets and earning long-term passive income from them.
- With the help of pictures and graphs, the book shows a poor man’s real budget problems and how rich people use their assets and liabilities.
- The book establishes the differences between being rich and being rich.
#3: think & get rich
by napoleon hill
The book is written by Napoleon Hill, an American author widely known for writing about success and moments of new thought. The book talks about building a better career and reaching for money and financial stability. however, the book also talks equally about human psychology and the power of thought.
book review
The book was first published in 1937 and is a self-help classic. The central idea of the book revolves around how to be successful in life and attract positivity and brilliance through the manifestation of thoughts and energy. the author talks about never giving up, seeking help, different approaches and improving skills. encourages people to start believing in them.
key points
- The book sheds light on five important areas of desire: career, leadership, money, failure, and other people’s desires.
- reflects mindful repetition and the discipline one must follow in your life.
- In terms of investing, the book explores the idea of how to get rich not only through money but also with a mindset.
- The author also collected stories from great personalities like henry ford, thomas edison, etc.
#4 – the investment book with common sense
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The only way to guarantee your fair share of stock market returns
by john c. bogle
The book was originally published in March 2007 and contains simple and basic methods to invest for long-term wealth creation. The book motivates people to understand the power of growing steadily and giving enough time for money to grow. Juan C. Bogle, the author, is also credited with creating the first index fundindex fundindex funds are passive funds that pool investments in selected securities.read more.
book review
the book tells the story of the gotrocks family and how they made a small mistake and had to pay money in taxes, capital gains capital gains capital gains refers to the gain resulting from selling a capital asset or investment at a higher price than its purchase price.read more, advisory fees and charges. In addition, the author explains why it is important to know how index funds can help people increase their wealth in the long term. the book also covers mutual funds vs. index funds mutual funds vs. index funds both index funds and mutual funds are used to diversify the portfolio. By contrast, index funds are closed-end funds that generally track the index without shifting their holdings. In contrast, mutual funds are open-ended funds that are actively managed, which differs from its benchmark by investing in multiple stocks.read more.
key points
- the author condemns investing in mutual funds and encourages people to seek only more investment opportunities in index funds.
- states that emotions and expenses are the two great enemies investment.
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- the author supports long-term investing and is not fickle when the market falls.
#5 – the only investment guide you’ll ever need
by andrew tobias
the name suggests it all, the book was published in 1978, and the author andrew tobias says that there is no reliable method to get richer faster. but, at the same time, he believed that one could consistently make good investments and mature their profit later.
book review
The book talks about investing and is written to provide its readers with comprehensive financial knowledge. discusses savings, tax shelters tax sheltersa tax shelter is a legal way to invest in certain plans or schemes that reduce taxpayers’ overall taxable income and save taxes paid to state or federal governments. for example, there are several retirement plans available for anyone to opt into and help reduce tax liability. read more, retirement funds, emergency fundsemergency fundsan emergency fund is a source of money that you refrain from spending and stores safely for use in time of need since it is available for withdrawal, the savings invested in the emergency fund acts as a savior during unforeseen circumstances. emergencies can be a sudden job loss, emergency medical problems, or large losses in the financial market. read more, the advantages and disadvantages of financial advertising and where to invest first. the book covers all areas of financial management and offers a new perspective on learning to invest.
key points
- The book emphasizes that an individual’s expenses should not exceed their income.
- The author always says that people cannot record peak returns from the stock market but only average returns through of time.
- encourage that one should only invest the money that one does not need in the next five years to grow over time.
#6 – the book on investing in rental properties
how to build wealth with smart investments in buying and maintaining real estate
by brandon turner
brandon turner has one of the great real estate investing books. there are times when people want to invest in real estate, and this book will help any reader who wants to invest and explore the real estate industry.
book review
the book is very new compared to other investment books; was originally published in 2015 and discusses using rent as leverage to earn passive incomepassive incomepassive income is the cash flow generated by an individual with little or no effort at regular intervals. It gives them additional financial security while requiring a certain amount of hard work initially, such as maintaining rental properties, making investments, upgrading products, etc. and how real estate investments can grow over time. Brandon Turner defines real estate as a reliable source of income and suggests ways to create great wealth from it. The author talks about multiple ways of making a profit along with the downside of rental property and other factors like weather, market conditions, etc.
key points
- The book discusses the pros and cons of buying property using leverage.
- Suggests using rent to pay off debt and create long-term passive income.
- the book suggests that a person who invests in real estate and rental properties should keep a good record of their cash inflows, otherwise they could face difficult situations.
#7 – the women’s guide to successful investing
achieve financial security and reach your goals
by nancy tengler
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Although the title suggests that it is not strictly mandatory for women only, anyone can learn from this book. For example, author Nancy Tengler points out that nearly half of any nation’s wealth is managed solely by women. therefore, women need to grow their money through different wealth accumulation strategies.
book review
The book appeared in 2014 and specifically talked about the rules of women in their investment strategies. is one of the best investing books for beginners. The book has a separate chapter where the author talks about how investing can get women back on track. In addition, the book includes notes for women to remember when making financial decisions and investment websites.
key points
- The book has new perspectives on women who invest and save.
- Encourages women to seek new perspectives and techniques to save money and become independent.
- the book has a model investment formula for women to follow.
#8 – a beginner’s guide to the stock market
by mathew r. kratter
The book was published in 2019, so it is very new and for people who have never traded or seen the face of any stock market, this book will help them take the first step. Author Matthew R. kratter has written many books on financial education and money management, and this book is still the first of them all.
book review
This book works like a boon for people who want to start early. It starts with the initial introduction to the stock market and investing and keeps it simple so that a fourteen year old can equally relate to the book as well. When we talk about the stock market, there are many aspects that we still do not know or understand. This book helps the reader to clear all their doubts.
key points
- The book came out in 2019, so it is not old compared to other investment books.
- It has a simple approach and language.
- The author It keeps it subtle in giving information, and any age group can relate to it.
- The book contains basic knowledge of the stock market with information that is easy to understand.
#9 – the money manual
A practical money guide to help you succeed on your financial journey
by tonya b. rapley
The book was published in 2018 by the author Tonya B. rapley another author with great ideas advises people on how to get rich, stay rich and use money to make more money.
book review
The author says that people don’t need any particular degree, certificate, or job to get rich. all they need is well-designed information to follow. she talks about breaking out of mediocrity and becoming independent in this book. Rapley is a celebrated millennial money expert and consultant. He has been featured in New York Daily News, Forbes, Vogue and other famous platforms.
key points
- The book serves the purpose of being a practical guide for a financial journey.
- Helps readers understand the importance of knowledge and of making money without any particular skill.
- is a good book for people who want constant learning.
#10 – one up on wall street
how to use what you already know to make money in the market
by peter lynch and john rothchild
The book is considered one of the best investment books for beginners. Author Peter Lynch posits many simple investment approaches to generate big returns for new investors.
book review
the book appeared in the year 1989. the authors classified stocks into six main categories in this book: slow-growing, hardcore, fast-growing, cyclical stocks cyclical stocks a cyclical stock refers to that stock whose price fluctuates with the change in general macroeconomic conditions. such action is sensitive to various economic phases such as recession, boom, boom, bust, trough, peak, and recovery.read more, turnarounds, and asset games. they firmly believed that individual investors could beat the experts. The author also wrote about the 10 signs of finding good multibaler stock. one of the critical factors in the book is using the knowledge that people already have to make good investment decisions.
key points
- The author believed that an individual investor can outperform an expert.
- Provides insight into types of stocks and how to find a multibagger stock.
- the book ranks among the best investment books of all time.
- Although the book was written in 1989, the concept and ideologies are still perfectly relevant.
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This has been a guide to the list of the top 10 investing books, along with their key takeaways. If you want to learn more about investment banking, you can refer to the following books –
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