Investing doesn’t need to be difficult to understand. In actuality, it’s actually relatively simple to understand. For most people though, knowing where to get the information for investing is difficult. This is what I hope to solve with this article. The 3 must-read books on investing I will be mentioning in this article will provide you a baseline of knowledge to start investing. Not only that, but they will also provide you with a plethora of resources to begin your investing journey.
This article is meant mainly for the beginner in mind. So, for the experts out there reading this, stay with me. With that said, I’m not here to provide you with financial advice. I’m here to provide you tools to provide you with financial freedom for the rest of your life.
Must-Read Book #1: Money Master the Game by Tony Robbins
Money Master the Game by Tony Robbins is a behemoth of a book. Coming in at around 700 pages, this book is a doozy. But very informative and probably the best books on investing that I’ve ever had the privilege of reading. In this book, Tony Robbins interviews some of the top investors of our time (John Bogle, Warren Buffett, Paul Tudor Jones, Ray Dalio, Carl Icahn, and many others). Those investors just mentioned, provide advice for investors just starting out and for experienced investors as well. Each of the investors provides helpful tools and resources as well.
With those resources, this book provides a 7-step blueprint for securing financial freedom. Providing advice on how to set up a savings and investing plan. This book will also destroy myths about what it takes to save and invest.
You will also learn to set up a “lifetime income plan.” This book is loaded with advice and practices for making the financial game easier to enter. While also providing advice for financial freedom for the rest of your life.
Must-Read Book #2: Unshakeable by Tony Robbins
A good book to follow on from Money Master the Game is another Tony Robbins book Unshakeable. This is considered by most an abridged version of Money Master the Game, but it is more than that. This book also delivers trade secrets about what’s really happening in the financial industry. Like how the biggest firms keep you overpaying for underperformance. It also provides the fastest way to put money back in your pocket: uncover the hidden fees and half-truths of Wall Street.
Tony really kills it with this one. In my mind, you should start with this book first. One because it is not 700 pages, but also because it teaches you the secrets of how the game is played. While Money master the game teaches you how to play the game. If you are looking to dip your toes in first this is the book I would recommend to start out with.
Must-Read Book #3: Rich Dad, Poor Dad
The all classic book I’m sure everyone has heard of or already read. But I’m putting it in here anyway because it is a must-read into the book of financial freedom. For those that have not read it yet Rich Dad, Poor Dad, here’s a quick review. This book defines what an asset and liability are and gives you a basic understanding of how to use both. He relates this book to having 2 dads, his real father and the father of his best friend, his rich dad.
If you are looking to understand what financial freedom truly means this is the book for you. The book debunks the myth that you need to earn a high income to be rich. He goes on to explain the difference between working for money and having your money work for you. This is what investing is all about! If you haven’t read this book yet I would read it ASAP! If you have and are still a beginner in investing I would recommend reading it again. I read this book at least once a year because there is so much to pick out of this book.
In my opinion, these 3 must-read books on investing are essential for investing success. I did leave off one book so I’ll mention it as an “honorable mention” here. Once you finish reading those 3 must-read books above check out the Intelligent Investor by Benjamin Graham. This one is a bit difficult to get into (a little dry) but definitely filled with a lot of information. I recommend reading the books above first and once you have a handle on things read the Intelligent Investor.
I’ve hopefully convinced you to dip your toes in investing. I hope to continue to write more articles to educate you on the resources that are out there for you to succeed. If so, check out these resources and start your investing journey now! Happy Hunting!
Check out my other investing articles Investing Made Simple and What is an Index Fund?