Some people claim that you can only
learns the basics of investing from making investments yourself. Jumping into
the deep end of the investing pool right away can cause you to lose thousands
of dollars and more. The more money that you lose, the less you'll want to
continue in the investing field. One way that you can learn more as a beginner
is with the right books. The best books, even those written in previous years,
can teach you the fundamentals and help you avoid making some potentially risky
decisions.
"Think and Grow Rich"
Napoleon Hill wrote
"Think Rich and Grow Rich" during the Great Depression. At a time
when most people worried about where their next meals would come from, Hill
showed them that they had other options beyond working for the government or
growing poorer with each passing day. Hill was good friends with Andrew
Carnegie and managed to continue growing his wealth during the hardships of
that time period. His book introduces basic concepts that every investor can
use and gives them an overview of the steps that he took to remain successful.
"The Essays of Warren
Buffet"
Even if you have little to no
experience in the investment world, you still know the name Warren Buffet. The
billionaire invested in nearly every venture in the world, and while he did see
some failures along the way, he is still one of the richest men in the world.
"The Essays of Warren Buffet" is a book that consists of multiple
essays that talk about the lessons he learned throughout his career, how he
makes investments and what others can do to follow in his footsteps. It ranks
as one of the top business and investing books in the history of publishing.
"The Wolf of Wall Street"
Some know "The Wolf of
Wall Street" for the nominated film based on the book of the same name,
but others read the book long before it became a movie. Jordan Belfort worked
as an investment broker during the 1980s and scammed thousands of people out of
millions of dollars before finding himself under arrest. His book serves as a
cautionary tale on what you shouldn't do and how to keep yourself under
control. You can learn more about investing and the books you should read when
you look at Online Trading Academy reviews and enroll in an online investing
course