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Please recommend your favorite FINANCE book
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Anonymous
| Thank you. |
Anonymous
| Do you mean personal finance? |
Anonymous
| Yes, I do. |
Anonymous
|
Hmm, I have several favorites. I don't believe in a one size fits all approach, and it definitely depends on how sophisticated you are.
I like anything by Thomas J. Stanley. Automatic Millionaire by David Bach. |
Anonymous
|
it's good to skim A Random Walk Down Wallstreet by malkiel, just so that you understand how bubbles have happened since the beginning of time (he talks about the dutch tulip bulb bubble in the 1600s! as one example and how everything in the early 60s was named "micron" just like everything in 90s was "e" or ".com".) and how the safest best is the whole market, which has the least risk for the most reward.
Others that are probably good to read are: Suze Orman, Dave Ramsey, and Michelle Singletary. Also I love certain PF blogs, like Boston Gals Open Wallet, and the personal finance/Money section of cnn.com Money or Kiplinger's magazine is also a good basic magazine to get and not too expensive. |
Anonymous
|
depending on your starting point - I think the Wall Street Journal Guides are a really good resource.
Here is a link: http://www.amazon.com/Journal-Complete-Personal-Guidebook-Guidebooks/dp/030733600X/ref=pd_sim_b_2 |
Anonymous
| I like Jane Bryant Quinn-- i think she gives a good solid overview. I agree the personal finance section of cnn/money is very good too (esp. their "money 101 courses"). |
Anonymous
| The Millionaire Next Door |
SAM2
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| I read "Personal Finance for Dummies" many years ago, and found it to be extremely helpful for understanding all the basics. Once you understand those basics, you can get more specifics as needed from CNN, SmartMoney, etc. |
Anonymous
|
Your money or your Life.
The Millionaire Next Door. The Overspent American |
Anonymous
| All Your Worth - the Lifetime Money Plan by Elizabeth Warren. Excellent information and extremely easy to follow and common sense advice without making you feel like you failed by going into debt. Love her. |