The average man wants to be rich. What’s the best way to go about it? Reading books by industry leaders and adopting their knowledge to your finances is the assured way of making wins and accumulating wealth. Here are three books on personal finance that will set you on a path to better money management whether tax planning, saving, investing and everything in between.
1. The Intelligent Investor by Benjamin Graham
Graham’s strategy of profit maximization over loss minimization is the basis of this book. Written in 1949, this book talks about the philosophy of “value investing.” As an investor, you’ll learn to avoid pitfalls and how to develop long-term strategies. In the 2006 edition, Buffett wrote the preface and appendix to give an update on today’s market but still based on Graham’s timeless wisdom on matters finances. He has been termed the greatest investment advisor that the twentieth century has ever seen with an ability to teach and inspire people globally. Till today, it is the stock market bible. It is worth noting that the author was one of the first to attribute successful stock investments to financial analysis.
2. The Only Investment Guide You’ll Ever Need by Andrew Tobias
If you’re in your 20’s or 30’s, you should read this book to make smarter decisions. It is the type of book that you should keep with you and reread severally given there are aspects you’re unlikely to pick up when you first read it. The book teaches … Read More