Benable — create shareable lists of things you recommend!
E.g., products you love, local businesses, travel recs - you can add anything to a Benable list!
Books to Read to Learn How to Invest
6
items NOTE: The links below are affiliate links, and I would truly appreciate it if you use them for your purchases. Feel free to message me directly if you would like me to share the URL link with you before you buy.
Sections
1
Guide
Guide
Discover essential reads that provide comprehensive knowledge on investing, covering foundational concepts, psychological insights, and practical strategies to help you build wealth and achieve financial success. Start with book 1 and continue throug...
Book 1 - Why Read:
This book provides practical, straightforward advice for managing money effectively. It covers essential financial topics in an accessible way, aiming to equip readers with the skills and knowledge needed to handle their finances confidently.
What You Will Learn:
Basic principles of personal finance, including budgeting, saving, investing, and managing debt. The book also offers strategies for financial planning and improving your overall relationship with money.
Actions:
To make the most of the advice in this book, start by creating a detailed budget that tracks your income and expenses. Set up a savings plan with clear goals, and explore different investment options suited to your financial situation. Work on reduci...
This book provides practical, straightforward advice for managing money effectively. It covers essential financial topics in an accessible way, aiming to equip readers with the skills and knowledge needed to handle their finances confidently.
What You Will Learn:
Basic principles of personal finance, including budgeting, saving, investing, and managing debt. The book also offers strategies for financial planning and improving your overall relationship with money.
Actions:
To make the most of the advice in this book, start by creating a detailed budget that tracks your income and expenses. Set up a savings plan with clear goals, and explore different investment options suited to your financial situation. Work on reduci...
Money: A User’s Guide
Book 2 - Why Read:
This book introduces fundamental financial concepts in an easy-to-understand manner, contrasting the mindset and financial practices of the rich and poor.
What You Will Learn:
Basics of assets vs. liabilities, the importance of financial education, and the mindset needed for wealth building.
Actions:
Identify and list your assets and liabilities. Begin tracking your monthly income and expenses. Reflect on your financial goals and mindset.
This book introduces fundamental financial concepts in an easy-to-understand manner, contrasting the mindset and financial practices of the rich and poor.
What You Will Learn:
Basics of assets vs. liabilities, the importance of financial education, and the mindset needed for wealth building.
Actions:
Identify and list your assets and liabilities. Begin tracking your monthly income and expenses. Reflect on your financial goals and mindset.
Rich Dad Poor Dad: What the Rich Teach Kids
Book 3 - Why Read:
This classic book outlines essential principles for achieving personal and financial success, drawing from Hill’s interviews with successful individuals to reveal strategies for thinking positively and achieving wealth.
What You Will Learn:
The importance of a positive mental attitude, the role of desire and persistence in success, and practical steps for setting and achieving your goals through focused thought and planning.
Actions:
To apply the principles from this book, start by defining your clear, specific goals and creating a concrete plan for achieving them. Develop a burning desire for your goals and maintain a positive mental attitude towards success. Practice visualisat...
This classic book outlines essential principles for achieving personal and financial success, drawing from Hill’s interviews with successful individuals to reveal strategies for thinking positively and achieving wealth.
What You Will Learn:
The importance of a positive mental attitude, the role of desire and persistence in success, and practical steps for setting and achieving your goals through focused thought and planning.
Actions:
To apply the principles from this book, start by defining your clear, specific goals and creating a concrete plan for achieving them. Develop a burning desire for your goals and maintain a positive mental attitude towards success. Practice visualisat...
Think And Grow Rich
Book 4 - Why Read:
This book explores the psychological aspects of money and personal finance, offering timeless lessons on how emotions and behaviours impact financial decisions and overall happiness.
What You Will Learn:
How psychological biases influence financial decisions, the importance of behaviour over knowledge in wealth building, and strategies for achieving financial peace and satisfaction.
Actions:
To implement the lessons from this book, reflect on your own financial behaviours and biases. Recognise how emotions like greed and fear impact your financial decisions and work towards developing a patient, long-term investment mindset. Focus on ach...
This book explores the psychological aspects of money and personal finance, offering timeless lessons on how emotions and behaviours impact financial decisions and overall happiness.
What You Will Learn:
How psychological biases influence financial decisions, the importance of behaviour over knowledge in wealth building, and strategies for achieving financial peace and satisfaction.
Actions:
To implement the lessons from this book, reflect on your own financial behaviours and biases. Recognise how emotions like greed and fear impact your financial decisions and work towards developing a patient, long-term investment mindset. Focus on ach...
The Psychology of Money: Timeless lessons
Book 5 - Why Read:
This book compiles the wisdom and insights of Naval Ravikant, focusing on building wealth and achieving happiness through a series of reflections, principles, and practical advice.
What You Will Learn:
The fundamentals of wealth creation, the importance of leverage, the role of decision-making and mental models, and strategies for attaining happiness and personal fulfilment.
Actions:
To apply the concepts from this book, explore different forms of leverage such as capital, labour, and media to build wealth. Focus on acquiring specific knowledge that excites you and practice long-term thinking. For happiness, reflect on what truly...
This book compiles the wisdom and insights of Naval Ravikant, focusing on building wealth and achieving happiness through a series of reflections, principles, and practical advice.
What You Will Learn:
The fundamentals of wealth creation, the importance of leverage, the role of decision-making and mental models, and strategies for attaining happiness and personal fulfilment.
Actions:
To apply the concepts from this book, explore different forms of leverage such as capital, labour, and media to build wealth. Focus on acquiring specific knowledge that excites you and practice long-term thinking. For happiness, reflect on what truly...
The Almanack of Naval Ravikant: Wealth & Happiness
Book 6 - Why Read:
Written by the founder of Vanguard Group, it advocates for investing in low-cost index funds and explains why this strategy works.
What You Will Learn:
The benefits of index funds, how to avoid common investment pitfalls, and why costs matter in investing.
Actions:
Evaluate your investment expenses and fees. Consider shifting a portion of your portfolio to low-cost index funds. Set up a regular review of your investment strategy.
Written by the founder of Vanguard Group, it advocates for investing in low-cost index funds and explains why this strategy works.
What You Will Learn:
The benefits of index funds, how to avoid common investment pitfalls, and why costs matter in investing.
Actions:
Evaluate your investment expenses and fees. Consider shifting a portion of your portfolio to low-cost index funds. Set up a regular review of your investment strategy.
The Little Book of Common Sense Investing