4 Best Finance Books You Need To Read
by Parker · 32 things on NewTwos
- Rich Dad Poor Dad by Robert T. Kiyosaki
- This is a fun, classic finance book on mindset, lifestyle, and action to accumulate wealth.
- My brain gets stronger every day because I exercise it. The stronger it gets, the more money I can make.
- Most people fail to realize that in life, it's not how much money you make, it's how much money you keep.
- An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.
- Going into our fear and confronting our greed, our weaknesses, our neediness is the way out. And the way out is through the mind, by choosing our thoughts.
- Poor people simply have poor spending habits.
- Read all of my notes
- Buy it on Amazon
- The Richest Man in Babylon by George S. Clason
- This is a short story with some great rules to live by.
- Always save 10% of what you earn.
- Better a little caution than a great regret.
- Read all of my notes
- Buy it on Amazon
- The Intelligent Investor by Benjamin Graham
- This is Warren Buffet's favorite finance book. It's a bit dense, but has wonderful advice even for a new investor.
- The market is a pendulum that forever swings between unsustainable optimism and unjustified pessimism. The intelligent investor is a realist who sells to optimists and buys from pessimists.
- The future value of every investment is a function of its present price. The higher the price you pay, the lower your return will be.
- The investor's chief problem is likely to be himself.
- Age should not effect your investment strategies.
- Never buy a stock immediately after a substantial rise or sell one immediately after a substantial drop.
- Read all of my notes
- Buy it on Amazon
- The Millionaire Next Door by Thomas Stanley
- This book outlines the habits and lifestyles of America's wealthiest people.
- Wealth is not the same as income. If you make a good income each year and spend it all, you are not getting wealthier. You are just living high. Wealth is what you accumulate, not what you spend.
- Live well below your means.
- Financial independence is more important than displaying high social status.
- Being frugal is the cornerstone of wealth-building.
- Read all of my notes
- Buy it on Amazon