It’s no secret that the millionaires of the world are avid readers. Jeff Bezos, Elon Musk, Oprah Winfrey, and many more read on almost a daily basis. Their reading lists aren’t just made of the best books for investing either. They read a mix of fiction and nonfiction that investing beginners may not expect from the world’s richest.
Reading is Important
And there’s no denying that. It teaches you a lot of essential skills like reading context clues and also helps to sharpen your mind. It’s no wonder parents want their kids to read as much as possible when they’re young.
But if you want to improve yourself and your life, you need to be picky with what you’re reading. Some of the best books you can read are those about investing. This is especially true when you are a beginner just looking to get into the game.
Here are the 12 best books about investing for beginners you can read right now:
1. “The Intelligent Investor” by Benjamin Graham
The book itself may be decades old, but there’s a reason why minds like Warren Buffet praise it. It gives a lot of great foundational ideas for learning the basics of investing. I highly recommend this as one of your first reads!
Check out this book in the links below:
Amazon
2. “Investing For Dummies” by Eric Tyson and Tony Levene
Don’t judge a book by its cover, boo. This book is a great starting point for a new investor because it explains everything in simple terms. It’s a helpful read to anyone just starting their investment journey.
Check out this book in the links below:
Amazon
3. “One Up Wall Street: How To Use What You Already Know To Make Money in The Market” by Peter Lynch
This is one that’s often found in reading lists for the best books for investing. Additionally, the author of this book, Peter Lynch, managed the best-performing fund in the world from 1977 to 1990. It could be helpful to learn a thing or two from him.
Check out this book in the link below:
Amazon
4. “The Richest Man in Babylon” by George S. Clason
While not specifically an investment book, The Richest Man in Babylon gives you important rules on money. This book will teach you when to spend, when to save, and why it’s important to do both. It’s a short read, so it’s easy to squeeze in if you’re tight on time.
Check out this book in the links below:
Amazon
5. “The Bogleheads Guide to Investing” by Taylor Larimore
This book was written based on the investing principles of John C. Bogle, the late founder of Vanguard. Its central theme revolves around one of the best passive investment options available: index funds.
Check out this book in the links below:
Amazon
6. “The Little Book of Common Sense Investing: The Only Way To Guarantee Your Fair Share of Stock Market Returns” by John C. Bogle
Unlike the last book, this one was written by Bogle himself! In this book, he really makes it a point to drive home his investing principles. As the person who pretty much invented index funds, it’s an excellent read for anyone who wants passive income.
Check out this book in the links below:
Amazon
7. “Common Stock, Uncommon Profits, and Other Writings” by Philip A. Fisher
This book focuses on comparing growth stocks (stocks that grow more quickly than the average stock) than most other books about investing. It’s a worthwhile read and its lessons have stayed relevant over the years.
Check out this book in the links below:
Amazon
8. “Broke Millennial: Stop Scraping By And Get Your Financial Life Together” by Erin Lowry
This is one of the newer best books for investing. It’s a well-written piece specifically targeted to younger readers who are just looking to get into investing.
Check out this book in the links below:
Amazon
9. “Making The Most Of Your Money Now” by Jane Bryant Quinn
If you have specific financial goals, then this might be the book for you. In her book, Jane Bryant Quinn examines family matters, credit card debt, and real estate, among other things. She also talks about retirement accounts like the 401(k). Check out this blog post about investment accounts for more information.
Check out this book at the link below:
Amazon
10. “The Coffeehouse Investor: How To Build Wealth, Ignore Wall Street, and Get On With Your Life” by Bill Schultheis
A lot of financial advisors will say stocks are a must-have investment. However, Schultheis understands that trying to beat the market can be overwhelming and almost impossible for most people. This book isn’t about maximizing market gains but improving your overall quality of life when it comes to finances.
Check out this book in the link below:
Amazon
11. “A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing” by Burton G. Malkiel
In this book, Malkiel talks about the different stages of life and their corresponding investment goals. With over a million copies sold, it’s still one of the best investing guides anybody can buy.
Check out this book in the links below:
Amazon
12. “The Crypto Book” by Siam Kidd
If you want to hop onto one of the hottest investment platforms available, you’ll need to learn about cryptocurrency. The Crypto Book teaches you all the basics you need for investing in digital currencies like Bitcoin and Ethereum.
Check out this book in the links below:
Amazon
And those are the 12 best investing books for beginners. If you want more tips on investing and personal finance, join the financial fam for personalized advice every week. I’d love to see you there!
