Must Read Books


Recommended Books

I have read many books over the last 10 years.  Many of the books have been a tremendous help in my understanding of business, finance, economics, leadership, farming, DIY and self-help.  Most books can be found at your local library.  I typically always will buy my books used, since they are much cheaper thus receive a better value.
 
The book that really started my financial education was Rich Dad Poor Dad.  This book was first recommended to me by my Army buddy Jared.  At the time I was 21 years old, and thought I knew everything…so I didn’t read the book.  Plus I hated reading.  School made me read all kinds of boring books, so my perception was that all books were hideous.  I was wrong.

Rich Dad Poor Dad
This book has many mixed reviews.  Personally, I think the book series is great and recommend them as a good starting point.  I think the main take away from the book is it helps you to start thinking differently about your views of money, and I feel gives a pretty easy explanation about basic accounting.  I do not agree with everything he writes about, but this was the book that peaked my interest to start reading more.

The Richest Man in Babylon
This is another easy and enjoyable book about finance.  

Think and Grow Rich
I cannot remember much about the book, but I do remember it helped me to start thinking critically.
 
The Money Tree: Risk Free Options Trading by Ronald Groenke
Let me first tell you that there is no such thing as risk free options trading, but the book is a great read, and will open your eyes to a new level of understanding about stocks and the world of stock options.  Please do not make stock trades or option trades based on the information you learn in this book.

More Wealth Without Risk by Charles J. Givens
This is a very large book.  Much more difficult to read then any other book I have suggested so far.  This book has a lot of good information in it.

Hot Commodities: How Anyone Can Invest Profitably in the World's Best Market
This is a good book on the commodities market.

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition)
Benjamin Graham was Warren Buffett’s mentor and he was a brilliant financial guru.  He wrote an earlier book Security Analysis: The Classic 1934 Edition which was mentioned in the movie The Pursuit of Happiness with Will Smith as the bible that Will Smith had to learn.  These books are monsters.  Both of them have like 700 pages each, so I put them last on the list.  I probably wouldn’t even start reading Security Analysis unless you love finance.


Influence: The Psychology of Persuasion is a great book on psychology.  I recommend reading this book as well.  Anytime you can increase your understanding of how people market to you...the better.

I have plenty of other books that I can recommend on your journey of learning, but these would be it for now.  Once you have read up to The Intelligent Investor I’ll be sure to add more recommendations at that time. I will write why I recommend these books in my upcoming book recommendations.

As always if you have any questions or comments let me know.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.