4 Responses to Which of these books about investing should I read?

Kenny Says:

If you are bored after reading 2 sections of a book then I suggest that you give your money away now and take up knitting or something else far less risky..you will save yourself a whole lot of time and grief.

Seriously, investing is tough and you should be prepared to work hard to learn, before you learn the hard way.

Try a hands on approach with virtual trading, as that will either put you off or encourage you to stick at it..at least you can not lose any money virtual trading.

Hoa N Says:

Check this book out

Stocks Trader Almanac by Yale Hirsch

Terckel Says:

You should read them both. They are such a big contrast in how they are written. Do you want to read a book written for Dummies or do you want to challenge yourself? I think reading both will give you perspective on the vast ways to approach a similiar topic.

I tried to read Grahams book and I thought it was hard and I am pretty scholarly otherwise. Good Luck.

Spock (rhp) Says:

there are a wealth of investing books that you can read for free at your public library.

so far, youve discovered that you regard technical details as boring. well and good that pretty much rules out intermediate term trading as something you want to do.

Graham [or the newer, revised version] is mostly about the fundamental issues that long term investors pay critical attention to. Maybe youll find that boring and technical as well; maybe not.

If you dont, then long term investing is much more likely to be your mode of operation at least as far as stocks are concerned.

If you do find it boring and technical, then the next step is to look into visual chart reading which relates mostly to short term trading.

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No matter what you discover about yourself, I strongly recommend finding some area of investing that you actually like, if not love totally. Maybe thats rehabbing houses. Maybe its looking at land use patterns and undeveloped real estate. Maybe its something else, too.

Every field of investing has its experts professionals who make money regularly. Because theyre highly interested, theyve invested countless hours learning everything they can and they use that learning to make their strong returns.

It follows that the likely path to strong investment returns is through strong learning and youll only do the learning if you like or love the material.

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And if you discover that you dont like or love investing at all well, maybe youre supposed to start your own business and run that instead.

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