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Books on investing?

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Brian Suh

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New to investing. Any beginner books that will help me get base knowledge that has the basics of investing?
 

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Megalodon

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New to investing. Any beginner books that will help me get base knowledge that has the basics of investing?
Without meaning to be facetious - have you read Millionaire Fastlane and Unscripted?

Unscripted has some solid investment advice towards the back end, and both have areas and types of books to stay away from.

What kind of investment are you looking to do exactly? It’s a huge topic.
 

ZF Lee

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New to investing. Any beginner books that will help me get base knowledge that has the basics of investing?
I liked this article by James Altucher:

It has some suggested readings as well.

On asset classes to begin learning about, I have found stocks to be a good start. Even though there's lots of drama in stock nowadays, there's always lots of company financial reports and analyst opinions on Seeking Alpha, depending on your strategy.
 

Kevin88660

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New to investing. Any beginner books that will help me get base knowledge that has the basics of investing?
Start with investopedia free content. You can have an overall idea before you decide to pick a book on a niche area.
 

Tubs

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New to investing. Any beginner books that will help me get base knowledge that has the basics of investing?
Have you even made any money to invest yet?
 

Ismails

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You have to be little specific and give us little context so that the users of this forum can guide/point you in the right direction without costing and taxing time and energy

Invest in Real Estate?
Invest in Stock?
Invest in E-Comm?
Invest in any kind of Asset?
Invest in some program that gives you leverage ?
 

Jaden Jones

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The first book I always recommend is Phil Town, Rule One.
 

MTF

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No but i want to know how when I do


There's no point in learning how to invest if you don't have money to invest.

Focus on acquiring knowledge relevant to your current business interests so that you can improve your current returns and benefit from reading over reading for the sake of it. Once you make enough money to invest, your perspective on investing will change anyway.
 

Kevin88660

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No but i want to know how when I do
I do not see that as necessarily wrong.

I know millionaire business owner who gambled on investment and lost their shirts.

It is good to learn the ropes early and get the hands dirty. Losing 50 percent of 5k to learn the major lesson is a lot better than losing 50 percent of 200k when you have more to lose.

I suggest you start with liquid financial instruments that can be bought through a brokage account. Stocks, equity etf, bond etf...
 

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Kevin88660

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There's no point in learning how to invest if you don't have money to invest.

Focus on acquiring knowledge relevant to your current business interests so that you can improve your current returns and benefit from reading over reading for the sake of it. Once you make enough money to invest, your perspective on investing will change anyway.
I agree that income come before investment.

Investment return difference through research and knowledge is minimal compared to business income gain.

An investment moron who make 10k a month and put everything in fixed Deposit will outperform a star-trader who make 4k a month. That is just mathematical fact.
 
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Megalodon

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Read Millionaire Fastlane
I've Read UNSCRIPTED
Jan 8, 2020
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I do not see that as necessarily wrong.

I know millionaire business owner who gambled on investment and lost their shirts.

It is good to learn the ropes early and get the hands dirty. Losing 50 percent of 5k to learn the major lesson is a lot better than losing 50 percent of 200k when you have more to lose.
Learning to invest can also be important . If you know what you’re looking at and how much it will cost that can motivate you to reach that threshold. For example if I need $50k to build a well considered portfolio or buy a house, that’s a solid number to work towards.

Given how broad the topic is, education can’t hurt while you build your business/money stream. It may even teach you things that assist with the business like balancing risks and weighing up options.

Aside from MJ’s books I’d also recommend the Intelligent Investor by Benjamin Graham (don’t crucify me forum, I know this is slow lane index stuff - but good for context) Forbes guide to the Markets (whatever edition is most current) for a broad understanding and How Rich People Think by Steve Siebold.

Order is up to you, google summaries or listen to podcasts on them and see what takes your fancy. I’ll always recommend Millionaire Fastlane and Unscripted first though ;)
 

Tubs

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No but i want to know how when I do
Dude, be honest with yourself and admit you're just action faking.

Go find a need you can fill, or learn a high leverage skill like coding instead and then you can start learning investing once you start making some real money.
 

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