I opened up my Kindle library on the web app today, and I couldn’t help but notice that I’m a complete and total nerd. 23 of the 32 most recent books are investing or business books.
They’re a bit hard to see in the image, so here’s a list of the books I’d recommend on investing starting with the most likely to be valuable to you.
• The Simple Path to Wealth – JL Collins (Spend less than you make, invest the difference, avoid debt, buy and hold VTSAX)
• A Beginner’s Guide to Investing – Ivy Bytes (100 pages, $2 on Kindle. Kind of an overview of every classic on the topic)
• The Millionaire Next Door (This is the the book that will convince you of Rule #1: Live below your means)
• I Will Teach You To Be Rich – @ramit (Kinda fun, broad book that jump around almost every topic on personal finance and investing. Maybe better for younger adults trying to figure out how to “adult”)
• The Little Book of Common Sense Investing – Jack Bogle (By the founder of Vanguard. He convinces you over and over and over and over to buy and hold index funds, using incredibly powerful arguments)
• A Random Walk Down Wall Street (The stock market is efficient and random. Everyone who is day trading or trying to beat the market is nonsense. So you should buy and hold index funds)
• The Bogleheads Guide to Investing (A little too in depth, but has the “right” answer on everything investing)
• The Essays of Warren Buffett (Not a book, but actually a compilation of all his letters to his shareholders. Some is actually a pretty interesting read. Lots is really dry and not interesting to the average individual investor)
And seriously. Every one of these books tells you to do the same two things: 1.) Live below your means and 2.) Invest early and often (in index funds!)
– Jeremy
via Instagram
What happens when I invest in stocks at the wrong time?
Stock market crashes make headlines. We hear about them all. The market crashed in early 2020 when everyone was realizing how serious COVID would be.