Wise investment of money is the key to financial success in the future, but how can you learn it? Books will help. The editors The site "bestx.htgetrid.com/en/" has prepared a material that tells about books for investing, explains how to choose a worthy copy, what to look for, and provides a list of the best books that are worth reading in 2020.
Content
- 1 What kind of investment books are there?
- 2 How to choose a book?
- 3 Top books on investing 2020
- 3.1 B. Graham The Intelligent Investor
- 3.2 Warren Buffett Investment Essays
- 3.3 Bodo Schaefer The Path to Financial Freedom
- 3.4 Joel Glinbutt Stock Market Winner Book
- 3.5 Robert Kiyosaki Rich Dad's Guide to Investing
- 3.6 E. Lefebvre Memoirs of a stock speculator
- 3.7 Burton Malkill A Random Walk Down Wall Street
- 3.8 W. Bernstein Investor Manifesto: Preparing for Shocks
- 3.9 R. Ferry All About Asset Allocation
- 3.10 Peter Lynch Method
- 4 conclusions
What kind of investment books are there?
Investor books are divided into several types:
- Investments in stocks (infrastructure);
- Investments in real estate;
- Venture investment.
Shares (or infrastructure)
It is hard to imagine that today someone can independently invest in stocks without the help of debt and loans. This is the opinion of ignorant investors who are insecure and do not know where to start.
Also, without investment in infrastructure, society will not be able to function stably, economic operations will stop, and business will generate little income. These books talk about investing in social, technological and other projects.
Thanks to such books, business will begin to improve, the government will receive praise from the citizens of the country. The secrets of corporatization in such publications are revealed directly and without confusing adjustments.
The property
This is the best way to invest your money. Buying, selling and renting residential or non-residential space interests every person. Where to buy an apartment? How to rent or sell living space? Is the redevelopment of the dwelling made out? How to protect the rights of the inheritor? Books provide answers to the above questions, describe the ways of correct investments. Describes taxes, transactions, etc. that are of interest to modern investors. By choosing the right books, ordinary people can start investing in this type of investment, and not only in Russia, Ukraine or Belarus.
Investments in real estate differ in their advantages. By investing, you protect your capital from losing prices. Also, it is not necessary to have education or experience. And the last one is that income is accumulated faster and more than through deposits.
Using this method, you reduce the risk of loss of profitability and, moreover, the occurrence of losses. Real estate is not depreciated, the average price for it increases with inflation.
Venture investment
It represents a contribution to the implementation of the project. At the same time, the risk of going negative increases. The investor will be given either shares or part of the established capital.
Venture investing books provide the knowledge required by beginner and intermediate investors. Clear recommendations are given, among which it is necessary to look for "gold grains".
Venture Capital Investment Bestsellers are great, high-volume tutorials to help entrepreneurs who are interested in investing. The reader will be given to understand what venture capital is, how to invest with minimal risk of losing the invested funds.
How to choose a book?
There are a lot of book products on the Internet and in stores that you want to buy. But most of them are all ads. Therefore, here are collected recommendations to help you choose quality reading material.
Laureates
The Nobel Prize is not just given. If the author received it, feel free to buy the book. Particular attention should be paid to titled writers of recent years - these works contain modern advice. Laureates usually have a wide variety of topics and genres. By studying such works, you will notice how literature develops. Pay attention to the year of publication. For example, in the twentieth century, reality was described differently than it is now.
Also, if you are studying foreign culture, find work with an award. This is a great find that allows you to study in detail the history of the country's development.
Screen adaptation
Was the edition you liked shown on screen? Great, great! As a rule, only those literary works that are recognized as unconditional bestsellers appear on the screens. Only interesting books are screened. Trailers should be followed by those who do not like a lot of "water" in the work. Therefore, the boring, where the characters sit and think, is difficult to implement on the screen. If you are interested in the plot, look at films by books.
Subject
The main thing to look at when choosing useful literature is the topic. Don't trust ads. All works are described as if they are the best in the world. You can't buy a "human-approved" book. Only the cover can be beautiful. Alien topics are more difficult to perceive.
Also, pay attention to compilations. They are collected based on genre, country, era ... In the collections, each writer is emphasized individually. Authors write books in their own way.
Such collections will satisfy even the most demanding reader.
Competition victories
Don't blindly rely on contests. Anyone can conduct them, sitting at home and online. Everyone can write “A literary competition is announced. We send works here. " As a reward, he will simply print a certificate. Everyone will be happy, but ... The reader, seeing that the book has won the competition, will buy it. As a result, the buyer is not happy with his purchase.
You shouldn't trust “literary festivals” either. All and sundry come there. Everyone is able to come, say a few words into the microphone, leave. A corresponding inscription will appear on the cover.
But there are also positive aspects to competitions. If you trust the competition with a verified jury, then feel free to buy the product. A writer who has won such a tournament deserves to have his work find its readers.
Sponsorship
If you see the inscription: "Created on the charity market," stop. It can talk about the rights of people with disabilities, orphans and reveal other problems. There can be a lot of reality in a book, a world without rose-colored glasses.
A publication issued by the city council usually has a description of city events. Problems occurring in a specific area are described here. The works are not always of high quality, but the locals will like them, because we are talking about them. Such publications can be useful for understanding the situation in a particular region.
Top books on investing 2020
Collected here is a series of books for novice investors. These are the nicest examples to read. Popular and inspiring books are taken into account, according to readers - some of the best.
B. Graham The Intelligent Investor
The bestseller, which has been reprinted for years, has wandered around the world. This book is an unusual guide to help you build your investment policy.
Global economist and popular investor Benjamin Graham emphasizes not the value of stocks, but the principles of investing, stating that you need to proceed with caution, regardless of the stock market. According to the author, prudent businessmen open up new opportunities for themselves.
The publication is divided into several parts, where recommendations are laid out on the shelves. The book describes the fluctuation of bonds and stocks. Advice and ways of investing in securities are given.
Advantages:
- The information is presented clearly, for an ordinary person, the book is interesting;
- The chapters are informative, there is no water;
- The answer is given to the main question: what is the efficiency of investment funds.
Disadvantages:
- Great value.
Warren Buffett Investment Essays
The foreign edition, written in the original in English, was translated into Russian. The book's creator, Warren Buffett, is one of the richest people in the world.
He has helped millions of citizens with his investment methods. The material is philosophical and educational. It tells about natural business, management topics are touched upon. The book is written for professionals, students, people who want to make their first contribution.
Pros:
- Reasonable advice is given;
- The best investment options with low risk are described;
- Can be downloaded electronically;
- All stereotypes imposed by "professional businessmen" are being destroyed.
Minuses:
- None.
Bodo Schaefer The Path to Financial Freedom
The book describes methods that will help you become a successful person. Simple examples prove that everyone can achieve the goal.
You don't have to have a superintelligence. It is enough to form the discipline and follow the rules described in the book.
Bodo Schaefer does not promise fast financial growth. He proves that it is possible to become a millionaire in 15 years. The book is also designed for beginners. The two parts (theoretical and practical) are divided into 14 chapters. The first one explains to the reader what money really is, the second one helps to get out of debt and how to save money correctly.
Advantages:
- Interesting thoughts;
- Availability;
- Helps novice investors adapt to the modern economy.
Disadvantages:
- A lot of philosophy and "water";
- Too bulky.
Joel Glinbutt Stock Market Winner Book
Would you like to spend three hours exploring the main market functions? Joel Gleenbutt will teach you this. Using these tips, you can easily achieve results that will drive professional economists and scientists crazy.
Without outside help, you can learn the method of generating high annual profits. It is not necessary to make forecasts.
Using this method, it is not difficult to achieve investment success. The method has been tested hundreds of times. The results were successful.
Pros:
- The book is written by an expert who provides sound advice;
- Small content, quick to read (even in transport);
- According to reviews - brilliant;
- The minimum budget is spent.
Minuses:
- None.
Robert Kiyosaki Rich Dad's Guide to Investing
This multi-volume edition has changed people's lives. It gave them parting words to change their wealth.
There are no templates in the book to follow. On the contrary, thoughts are directed in the right direction, and the reader independently makes decisions. Written to be read by novice investors. The main risks and rules are described. An advanced person will not be interested in learning the basics.
Robert Kiyosaki talks about the leverage that an investor has and how skill is honed.
Pros:
- Lots of helpful tips;
- Curious headlines;
- With illustrations;
- Interesting thoughts.
Minuses:
- Too simple theories;
- Unrealistic description.
E. Lefebvre Memoirs of a stock speculator
Mostly created for fans of the art genre, written by a financial genius, where the whole truth about markets, investments and exchanges is revealed.
The techniques, tricks used by the author himself are described. Shows the real financial world.
Several generations of financiers have grown up with this book. With photos. The writer shares his experience gained over the years. It is an up-to-date instruction for traders.
Advantages:
- Exciting;
- Read in one breath;
- Helps to develop in the trading field;
- Provides good motivation.
Disadvantages:
- It is necessary to analyze the information you have read yourself.
Burton Malkill A Random Walk Down Wall Street
The information is provided for novice investors, which will be needed for confident use of money. The publication can be called an ingenious navigator that leads to the world of investments.
As an expert, Burton Malkiel proves the positive impact of an investment portfolio. He argues that randomly selected securities will bring enormous benefits.
Investing money is a risk. Therefore, you first need to read the instructions of the author, to understand how the portfolio is compiled. You will be able to estimate income from stocks, real estate and bonds.
Pros:
- Easy to read;
- Historical facts help to better understand the work;
- Maximum useful information.
Minuses:
- Large volume;
- Poor translation.
W. Bernstein Investor Manifesto: Preparing for Shocks
The book describes how to compile an investment portfolio. The creator of the piece is trying to tell readers that market crashes can occur. Therefore, it is necessary to build high-quality and long-term tactics, taking into account the troubles that may come as a surprise.
It's time to take control of your own funding. By following the advice set out in the publication, you will avoid financial holes and increase your income.
Advantages:
- Understandable "folk" language;
- Recommended by readers;
- With practical advice;
- Fascinating;
- One of the most popular abroad.
Disadvantages:
- Not found by any customer.
R. Ferry All About Asset Allocation
How to implement asset allocation tactics, diversify with stocks and increase income.
The recommendations are practical and simple. The meaning of cost savings is mainly disclosed. The author knows very well what assets are and also works with real people. The publication is written for those who want to become an investor.
People who decide to start investing need to deal with a portfolio. You need to take it all as a real business.
Pros:
- Low price;
- Recent year of publication.
Minuses:
- Not found.
Peter Lynch Method
The book is not a magic wand. The writer only helps novice investors to become specialists, to start making the right decisions.
The reader must first assess himself as an active contributor. After that, the search for investment opportunities begins. Explains when to buy and how to sell.
The work is intended for individual work with investments. The questions of contributions to shares are raised:
- Where to invest funds;
- Interpretation of financial indicators;
- How to assess the value of a company's stock.
Advantages:
- Written in simple language;
- Arouses the interest of the reader;
- Substantial;
- Practical.
Disadvantages:
- None.
conclusions
This was a description and selection of investment books for 2020 from the best authors to help you start your own business.
After reading the above books, you will have the experience of a novice investor. You can also start making plans for the future. After all, as you have seen, in order to become a professional investor, education or constant study of economics is not always required. To get started, just buy a book, read it and start applying the tips.
The article contains inexpensive goods, which will not be difficult to buy.Everyone can make mistakes when choosing. Therefore, we have collected quality material.
If you have already studied the literature from this review or you have the best investment publication that has become your reference book, tell us about it in the comments.