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1) The Money Manual
This book teaches you how to get rich
In the easiest way ever!
With this book, I want to tell people what has been keeping me super-rich these past 20 years (and what hasn’t). In my opinion, if you have any interest at all in becoming financially free, then this book is for you.
If you are looking to make a lot of money doing stuff you love then this book contains the secrets to making that happen.
It shows you how to create financial freedom while enjoying the things that make you happy.
You don't need a college degree to build wealth.
What you do need is some basic knowledge about personal finance. At the end of the day, if you can save and invest money well, you'll be able to retire early.
I'm going to teach you everything I've learned over the last two decades about finances - and share exactly how I got where I am today.
In this book, I cover:
* How to become wealthy without working a full-time job
* The best way to start investing right now
* How to beat Wall Street's stock market
* Why real estate might just be the best investment around
* How to get out of debt faster than most people
2) Stocks to Riches
You'll learn how to make money trading stocks online
How to trade options and futures contracts
The Stocks To Riches Book Summary
In this book, they teach you exactly how to make money trading stock market instruments.
This book covers basic training on what you need to know to get started trading.
Once you have read the book, you can start to practice trading techniques and strategies.
There are over 9 hours of video tutorials that you can follow along with to help you build up your skills.
As well as learning about the various types of trades, there is information about how to get started with brokers and platforms
What makes this book different?
- Over 10 hours of video tutorials
- Step-by-step guide to help you understand each concept
- You can download the book PDF to print out later
- Full index included with all links to relevant pages
If you want to learn how to make money online trading stocks, look no further than the Stocks to Riches book summary.
3) Investing In India
- How To Invest Money In India | Best Investment Tips - Investing Book Summary
India's economy has grown by over 7% per year since its independence in 1947. But inflation, high oil prices, and a global economic slowdown threaten to slow growth. As the world's fastest-growing major country, India is now home to hundreds of millions of poor people who lack education, jobs, and healthcare. So how should we invest? What does the future hold for our investments? And what role do we, as individuals, play in making sure these opportunities continue?
The answer is clear: We need to focus on long-term investing. If we want to build wealth for ourselves, we have to take steps to protect ourselves from fluctuating markets and rising prices. That means taking advantage of low-interest rates and investment vehicles that offer higher returns.
With that in mind, here are three books we recommend reading if you're interested in the Indian market.
First is "How to Invest Money in India," written by our friend and co-founder of ValueWalk, Ryan Lissner. He takes us deep into the history behind some key concepts about investing in India. He explains why you shouldn't expect to make money off of the real estate
4) A Beginner's Guide to the Stock Market
The stock market is not a game, and the goal of investing should be to make money rather than just gamble with your savings. If you want to learn how to invest for real profits, read on!
- Basic knowledge about stocks
It is a good idea to start learning about the stock market by getting familiar with some basic terms. Understanding these concepts will help you avoid falling victim to scams and investing mistakes before you even get started.
- How to choose an investment strategy?
There are two different strategies that you can use to invest in stocks. You have direct investments (or index funds) versus managed accounts. We'll go over both types and explain what they offer.
Index Funds vs Managed Accounts
Index funds are similar to mutual funds. However, instead of selecting individual companies, you buy an entire fund that contains many different stocks. These funds are designed to track certain indices, such as the S&P 500, and try to match their performance as closely as possible. The downside is you cannot do any research.
Managed accounts are a bit more complex than the above options. Instead of buying shares, you hire a professional manager who helps select the best stocks for you. However, the upside is you will receive personalized attention and advice from experts at no extra cost.
- When should I invest?
You should consider investing when you feel confident that you will need cash down the road. This means that you need to save enough money to pay off debt, cover medical bills, and provide for yourself and your family. If you don't have much saved yet, then wait until you've accumulated a few thousand dollars.
Should I invest in my retirement account?
If you work for a company that offers a 401(k) program, then you should definitely invest in your employer's plan. There are several reasons for this. First, if you invest in the right mutual fund, your contributions will be tax deductible. Second, most plans have matching programs where you can earn free money every year. Third, your employer may give you access to cheap loans to purchase stock. Finally, if you own your own business, you likely qualify for discounted rates.
If you don't qualify for either of those options, then you probably shouldn't invest in a retirement account. You can still open a Roth IRA and contribute after age 50, but you won't benefit from the tax deduction, loans, or matches. Also, keep in mind that you'll lose your ability to borrow money once you reach 59 ½ years old
5 The Little Book of Common Sense Investing
This book covers a lot of basic tips about investing. In this video, I give a brief overview of this little gem of a book explaining some of the basics and giving you my opinion of this book.
Books mentioned:
A book that first brought Warren Buffett's value approach into the mainstream of investors' minds, with valuable lessons for today's investors.
Great economic writing for the general reader. Great resource book.
Cheap, Clear Thinking Books:
A great introduction to mutual funds and investing.
An entertaining exploration of the inner workings of Wall Street investment banks and how their clients game the system.
*Disclaimer* There is no guarantee that any of these books will help you build wealth. These are just books that happen to make sense and I wanted to share them with you.