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Do you have any book recommendations? I have some younger relatives graduating from college soon, and although they are bright, I worry about their financial s
by Baeocystin 9y ago
Do you have any book recommendations? I have some younger relatives graduating from college soon, and although they are bright, I worry about their financial sense. I talk to them regularly, but something more concrete would likely also help.
- fapi1974 9y agoRich Dad, Poor Dad is lifechanging for a lot of people. Note that it focuses on real estate, but the lessons are spot on.
- madengr 9y agoA Random Walk Down Wall Street Dave Ramsey videos on YouTube.
- fantispug 9y ago"If You Can" by William J Bernstein. It gives a simple conservative investing strategy, and refers to other great books for the details. Available here: https://www.etf.com/docs/IfYouCan.pdf https://www.etf.com/docs/IfYouCan.pdf
- mattm 9y ago"Fail Safe Investing: Lifelong Financial Security in 30 Minutes" by Harry Browne "The richest man in Babylon" was also a good read for me early on. It's told in a story format. "Your money or your life" is also good for the principles although it's a little outdated.
- jordancrane 9y agoI found JL Collins' "Stock Series"[1] of posts on his blog really helpful. He lays out a very simple investment strategy using low-cost index funds and talks about a lot of different investment vehicles in an easy to understand way. He also wrote a book on the same subject matter called "The Simple Path to Wealth". [1]http://jlcollinsnh.com/stock-series/ http://jlcollinsnh.com/stock-series/