Stock investment is like rocket science to some people, whereas, it’s as easy as it could be if you know how stock actually works.
We all want a financially secured future where money is not going to be a problem. But what you should understand is that what you are doing right now will determine how that “financially secured” future will look like.
Do you want a financially secured retirement or a vacation house on the paradise islands?
You must invest your savings if you plan to retire comfortably and this is where a proper understanding of how stock investment works could be helpful.
SEE ALSO: Understanding Stock Market Investment And How To TradeThe recent fluctuations in the stock market have resulted in many investors losing money and subsequently quit the market with frustration. Well, what people must know and understand about the stock market is that it is for those who have patience and can keep invested for long term.
Top 5 books on stock investment that can inspire you
So many books have been written on how to get rich that make getting rich seems like a straightforward task that can easily be accomplished even by someone with little or no knowledge of what to do.
It’s not that many of these so-called “get rich quickly” books are not entirely good; at least, they offer you an idea of what to do and essentially, what to expect in most cases.
What many of these books failed to do is explaining stuff like how skill relates to luck, how powerful are large numbers, and the nature of risk to expect. Below are 5 stock investment books to read that can inspire you.
#1]. Irrational Exuberance
Written by Robert Shiller – a Yale University Professor, Irrational Exuberance is describes how irrational the stock market could be.
It is a must read the book whether you have a good knowledge of the stock market or not because it will expand your knowledge of behavioural finance.
The book highlights the importance of investing in good income earning value stocks that will compound returns consistently.
This is one of the best books on stock investment you should read if you want the way you think about stock investment to be challenged and if you want to be more critical in your thinking.
#2]. The Intelligent Investor
Written by Benjamin Graham, The Intelligent Investor is a classic bestseller that has taught and inspired hundreds of thousands of people worldwide.
Since its original publication in 1949, the book has remained the most respected guide to investing.
The book is a must-read for anyone who is seriously interested in stock investment.
The book offers a timeless philosophy of “value investing”, which helps protect investors against the areas of possible substantial error and teaches them to develop long-term strategies with which they will be comfortable down the road.
#3]. Common Stocks and Uncommon Profits
Written by Philip Fisher – a world renowned stock investor, Common Stocks and Uncommon Profits is one of the best books on stock investment you should read.
The book laid out fifteen things that a successful investor should look for in his or her common stock investments.
This book on stock investment highlights the qualities and characteristics of a good stock investor.
If you are really serious about stock investment, the best thing to do is to get a copy of this inspiring book either at the bookshop or online.
#4]. Stocks For The Long Run
Stocks for the Long Run is another book on investing you should consider to read.
Written by Jeremy Siegel, the book offers solid strategies for long-term investment success.
This is one of the best books on stock investment that shows investors how to understand and interpret the movements of the market over time.
It also contains an analysis of long-term stock opportunities in foreign markets.
#5]. How Markets Fail
Written by John Cassidy, How Markets Fail: The Logic of Economic Calamities is another really interesting book on stock investment that can inspire you.
The book tries to show us the other side of the stock market which includes stock market bubbles, glaring inequality, credit crunches.
It describes the rising influence of ‘utopian’ economies, and the beginning of a pragmatic, reality-based way of thinking.
This is a must-read book for anyone seriously interested in stock investment.
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The Intelligent Investor is a must read for anyone interested in stock investment. My dad bought me one and I can honestly say that it’s outstandingly good!