Are you looking to start investing but aren’t sure where to start?
Do you wish you could have more confidence in your investment decisions?
That you could make a decision that wasn’t driven by “my friend told me this was a good idea”.
You are far being from alone.
If you don’t have a finance background, the market can be an intimidating place.
Making uneducated investment decision is risky business. More often than not, you’ll end up with an empty wallet and discouraged.
If there’s anything you take away from this post, let it be that hoping for luck on the market is bound to leave you with regret.
That being said, there is always a factor of unpredictability. The difference though is that those who consistently do well spend time researching and make educated decisions.
How do you pick winning stocks?
Excellent question!
Instead of reinventing the wheel, why not start by learning from those who have spent decades analyzing the market.
I’ve read a number of books over the years. The ones in this post are my favorite as far as learning about the stock market, picking winning stocks and investment strategies.
You have nothing to lose reading these books. They might not all appeal to you based on the name or description but they’re all sold millions of copies for a reason.
Invest time in yourself and your future!
Learn the secrets to successful investing from those who have achieved and studied it.
I’ve also written a post on how you can avoid losing money on the market, click here to check it out.
Here are 4 must read books to understand the market and pick winning stocks
Note: click on the image or title below to get yourself a copy directly from Amazon
THE INTELLIGENT INVESTOR, Benjamin Graham
This book is essentially the stock market bible. The author is known as the greatest investment advisor of the 20th century. His philosophy of “value investing” essentially shields investors from substantial error and teaches you to develop long-term strategies.
The strategies in this book have been proven over the years by market developments. This is possibly the best book you can read to learn how to achieve your financial goals.
ONE UP ON WALL STREET, Peter Lynch
Easy to read with minimal technical jargon. One up on wall street provides great insights into sorting out the gold from the garbage.
He teaches you his strategy for creating a successful portfolio. Most of which involves spending a few minutes reading through a company’s financial statements.
HOW TO MAKE MONEY IN STOCKS, William J. O’Neil
This is one of my personal favorites. I’ve read the book countless times and always feel like I have something new to take away.
The author clearly walks through how you can turn just little savings into substantial returns. The secret? The CAN SLIM investment system. It’s basically a detailed recipe for making money on the market for everyday individuals who don’t have a finance background.
A RANDOM WALK DOWN WALL STREET, Burton G. Malkiel
A random walk down wall street is another staple of the business shelf. It is key to any new investor looking to dive into stocks.
Learn to navigate the turbulence of the market and manage your portfolio with confidence. You’ll learn about stocks but also bonds, money market accounts, real estate investment trusts, insurance, home ownership, gold and collectibles.
