Investing is all about putting your money to work for you. And putting one’s money to work can be achieved in different ways.
And if you’re looking into investment, different things have to be placed into consideration so as to minimize being at the losing end.
One of the effective ways is to look into books that would improve your ability as an investor. A number of classic books on investing that look into the fundamentals to security analysis. And also valuation, which metrics to trust or ignore and much more are available. Some of the books are suggested below.
Firstly is the Intelligent Investor by Benjamin Graham and this book serves as the foundation for value investing and being successful in the market. It has earned its spot on every investor’s bookshelf, selling over 1 million copies.
Next is Common Stocks and Uncommon Profits by Philip Fischer who another pioneer in the world of financial analysis. He has had a major influence on modern investment theory. He sees it as the basic idea of analyzing a stock based on growth potential.
The book is almost if not perfect for the value investor seeking long-term growth stocks. It teaches investors to analyze the quality of a business and its ability to produce profits. This book is a must-read for those who want to understand how to inspect a company qualitatively.
The third is, Common Sense on Mutual Funds; fully updated 10th Anniversary Edition by John Bogle. The book covers the fundamentals of mutual fund investing in today’s choppy market environment and offers timeless advice on building an investment portfolio.
He takes yet another critical look at the mutual fund industry. He shows you how simplicity and common sense invariably trump costly complexity, and how a low-cost, broadly diversified portfolio virtually assures outperformance of the vast majority of Wall Street professionals over the long-term.
Another is ‘Stocks for the Long Run’ written by Jeremy Siegel. This is especially for those that have doubted the potential performance of value investing.
Jeremy Siegel, a professor at the Wharton School of Business, draws on extensive research over the past two centuries to argue not only that equities surpass all other financial assets when it comes to returns, but also that stock returns are safer and more predictable in the face of the effects of inflation.
Finally is Why stocks go up and down by William Pike. The book speaks on the fundamentals of equity and bond investing, financial statements, cash flows and among others.
Peter Lynch also wrote One up on Wall Street: How to Use What You Already Know to Make Money in the Market. This follows the approach which insists that individual investors if they take the time to do their homework can perform just as well or even better than the experts.
The author went further to explain that an average individual investor can beat the pros by using what you know. This is an investment classic that will give the individual investor hope.
Peter explains how an average individual investor can beat the pros by using what you know. This is an investment classic that will give the individual investor hope.