![]() ![]() Hallam also introduces contrarian views like how young investors should hope for stock market crashes and how to spend just 60 minutes per year managing your investment portfolio. This book is full of helpful investment tips and humour and is written in an easy-to-understand manner. In his book, he shares investing principles from the likes of Warren Buffett that can help any investor reach their financial goals. Hallam was a school teacher that used low-cost index funds to grow his wealth and become a millionaire long before retirement. The Millionaire Teacher by Andrew Hallam is the ultimate guide to how the everyday investor can accumulate a million-dollar portfolio. The Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School by Andrew Hallam He also goes into more detail about specific stock market events like spin-offs, corporate restructuring, bankruptcies, and risk arbitrage.īuy on Amazon. In his book, You Can be a Stock Market Genius, Greenblatt outlines how individual investors can benefit from index fund investing. Greenblatt has a long track record of beating the major averages, including over a decade of outperforming the Dow Jones by more than 50 percent. Who is Joel Greenblatt? He is a successful hedge fund manager for his investment firm Gotham Funds, which has an AUM of several billion dollars. You Can be a Stock Market Genius by Joel Greenblatt It is a fascinating and non-traditional look into how simple index investing can provide financial independence and a much more fulfilling life.īuy on Amazon. In his book, he stresses the need to save a high portion of income to invest in low-cost assets like ETFs.Ĭollins also reveals how investing can help to eliminate some of the financial norms like working a 9 to 5 job, saving for retirement, and owning a house. This book by J L Collins is another manifesto that supports the strategy of long-term index investing rather than trying to beat the market.Ĭollins is often called the Godfather of Financial Independence. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by J L Collins Keep costs low and allow your investments to compound over time through dividend reinvestment and earnings growth.īuy on Amazon. In the Little Book of Common Sense, Bogle explains things as clearly as possible for new investors. He discusses the same basic principles he used to build Vanguard into the financial powerhouse it is today. In this book, Bogle once again outlines why he believes low-cost index funds are a much better investment for the everyday investor than mutual funds and individual stocks. The second book on my list is another by Vanguard founder John C. The Little Book of Common Sense Investing by John C. In 1975 Bogle founded the Vanguard Group, an investment firm with more than $8 trillion in assets under management across its wide selection of funds.īuy on Amazon. ![]() What position is Bogle in to advise new investors of this strategy? ![]() Despite its name, Bogle discusses how new investors are better off putting their money into low-cost index funds rather than trying to pick individual stocks.Īccording to Bogle, low ETF fees and passively managed strategies are better long-term catalysts than actively managed mutual funds.Ĭommon Sense on Mutual Funds was first published in 1999, but Bogle did release an updated version of the book for its 10th anniversary. The first book on my list is a much-beloved book on index-fund investing from John C. The Essays of Warren Buffett: Lessons for Corporate America by Warren Buffett Best Investment Books for Beginners 1.
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