Money, how to invest it and how to manage it, is perhaps one of the most recurrent themes in self-help books, personal development or personal finance.
I admit that it was difficult for me and that I had never been particularly interested in the subject of investment until I had to save for the first time to buy my first car. And it fell into my hands “Rich Dad Poor Dad” of Robert Kiyosaki.
It was then that a phrase came to mind that my grandfather had told me first and my father later on many occasions:
At that time I was aware that, even if we save, the money we have standing around is useless. That money, with time, loses value and knowing how to invest it in an intelligent way, which does not have to be risky, can multiply exponentially and make things much easier for us in the future.
I understand that this is a sensitive issue and that not everyone can afford to invest. And less so given the uncertainty about the world economy that exists at the moment, but we have to think long term and invest, each one, at its own pace. Whether we save $1 or $500, the important thing is to know that, in the future, if we know how to invest our money well, that simple $1 can be converted into $100.
In addition to the respect that the subject of investment produces for anyone who does not know it and who wants to start investing, there is a major problem of (non-existent) financial education. From a very young age we are taught that this is a sector only for the rich and that investment is something so complicated and dangerous that only experts can understand it. And the worst thing is that there is no financial training in schools.
Luckily, there are fantastic investing books written by real financial and investment geniuses, allowing us to enjoy real jewelry for less than $10.
With these books you will learn that investment is not so complicated and to be well informed is within everyone’s reach. You only need to spend 10 or 20 minutes reading one of the investing books we are going to present each day.
The objective is clear:
The best investment we can make today is in knowledge and there is nothing that has a better ROI than a good investing book.
Investing well is complex at best, but if you enter the investment world without a good knowledge base, it can be fatal to your personal finances.
Therefore reading and learning is one of the fundamental activities to become a better investor. And the path begins with choosing the best investment books.
As a famous quote says:
The world of investment is so broad and encompassing that choosing a list of basic or essential investment books is not an easy task. But that’s what we are here for, to help and guide you in the wonderful world of investment, through our selection of the best investment books.
First of all, it is not easy to determine which criteria to use in order to consider that an investment book is good or not. Quality can be a subjective trait, and what some investors bring a lot, others may not like.
Moreover, the same book read at different times can have a very different impact.
Broadly speaking, we can speak of two criteria when selecting interesting investment books:
- Those that have had the greatest influence or repercussion on the investment history.
- Those written by successful investors who share their knowledge.
Some of the classic books that have survived the passage of time meet both criteria.