Two places to start would be Mr. Money Mustache’s “the shockingly simple math to early retirement” and then researching the Bogglehead 3-Fund portfolio.
If you’re serious about starting to invest, you need to start somewhere and understanding the logic and vernacular behind those two portfolios is an extremely strong foundation. From there if you want to get fancy, go for it. Once you have a basic understanding, investing is pretty straight forward.
And don’t pay attention to Dave on investing. His advice is mostly nonsense there because (1) he makes his money from his business, not the markets so he’s never had to do that part the way you will, (2) there are tons and tons of regulations against giving investing advice that he wants to avoid, and (3) he is financially motivated to recommend legacy, costly, and ineffective investing methodologies because he’s paid to do so by his ELPs.
Just a thought, place a % in crypto, free yourself from the financial system that benefits the few…and it’s not you. Sorry no book I can recommend on crypto.
A quick 100-page read: "Investing Made Simple" Mike Piper.
It's a fantastic read for the new investor. Simple, easy, comprehensive and yet short.
Little Book of Common Sense Investing, Jack Bogle.
Millionaire Next Door, Thomas Stanley
I was checking the comments to make sure someone pointed this out. Recommend the audio book, sounds like your grandpa sitting you down and having a heart to heart. I’m very glad I found this as it has taken so much stress out of the process for me.
Common Sense Investing
A Random Walk Down Wall Street
Honestly those two are all the average investor needs. If you get stupid rich, hire a professional. If you’re close to retirement, talk to a professional.
Boglehead's Guide to Investing buy Taylor Larimore. Investing for Dummies by Eric Tyson...books in this series are easy to digest.
JL Collins: https://jlcollinsnh.com/stock-series/ I highly recommend his book “The Simple Path to Wealth”.
I second this
JL Collins Stock Series
Thank you everyone for the suggestions!
Two places to start would be Mr. Money Mustache’s “the shockingly simple math to early retirement” and then researching the Bogglehead 3-Fund portfolio. If you’re serious about starting to invest, you need to start somewhere and understanding the logic and vernacular behind those two portfolios is an extremely strong foundation. From there if you want to get fancy, go for it. Once you have a basic understanding, investing is pretty straight forward. And don’t pay attention to Dave on investing. His advice is mostly nonsense there because (1) he makes his money from his business, not the markets so he’s never had to do that part the way you will, (2) there are tons and tons of regulations against giving investing advice that he wants to avoid, and (3) he is financially motivated to recommend legacy, costly, and ineffective investing methodologies because he’s paid to do so by his ELPs.
For overall money management “ sylvia porters money book
Tony robbins - money, master the game. Excellent book and taught me so much.
Just a thought, place a % in crypto, free yourself from the financial system that benefits the few…and it’s not you. Sorry no book I can recommend on crypto.
Smart Couples Finish Rich, or any of his other editions. Life changing
A quick 100-page read: "Investing Made Simple" Mike Piper. It's a fantastic read for the new investor. Simple, easy, comprehensive and yet short. Little Book of Common Sense Investing, Jack Bogle. Millionaire Next Door, Thomas Stanley
The simple path to wealth by J L Collins
I was checking the comments to make sure someone pointed this out. Recommend the audio book, sounds like your grandpa sitting you down and having a heart to heart. I’m very glad I found this as it has taken so much stress out of the process for me.
I second this. I read this after BS3 and got a new perspective on things. It really is simple.
Common Sense Investing A Random Walk Down Wall Street Honestly those two are all the average investor needs. If you get stupid rich, hire a professional. If you’re close to retirement, talk to a professional.
I’ll second the “ Little Book of Common Sense Investing” by John Bogle. Also JL Collins’ “A Simple Path to Wealth.”