Whether you’re starting a retirement savings plan or passively earning additional income, it’s a good idea to start investing as soon as you start receiving your salary.
When you’re just getting started, it’s important to understand the basics of investing and the various options available so that you can choose the smartest path to an economic future. As income grows, so does the investment portfolio.
- Enough by John C. Bogle: A true measure of money, business, and life
A book Enough, John Boglethat reflects his journey and the business principles he has lived in is sufficient. It’s about how people, businesses and societies can produce true wealth, not wealth.
These are the evils of greedy and blind ambition, not only because they are anti-human values, but also because they destroy the very wealth that blindly claims to be ambitious and greedy.
But above all, it’s about the value of trust, courage, success, satisfaction, stewardship, personality, and contribution to show that there is something like “enough.”
- Overall best: a little book of common-sense investment
Owning a wide range of stocks and holding them for a long time is a winning game. But no other guru is as good as the renowned investment expert John C. Bogle to find a way to get the best returns from index investments. Bogle, the founder of the Vanguard Group and the founder of index funds, relied primarily on index investments to generate substantial cash flow. In “A Little Book of Common-Sense Investment,” their goal is to help you do the same. This best-selling book on investment provides new information, insights, and perspectives on investing and building wealth.
- Great for beginners: A beginner’s guide to the stock market
Young investors unfamiliar with the stock market will learn inside and outside the market with this guide. Matthew R. Kratter explains how to analyze stock types and how they work and analyze stocks to find stocks that work well in the short and long term.
- Best for investing in rental properties: Books on investing in rental properties
Young investors may immediately think of the stock market when building an investment portfolio, but it’s not the only place where you can invest your money. By investing in rental properties, you can diversify and grow your money if you know what you are doing. The book covers the entire real estate buying and renting process, providing advice on choosing the right real estate, deciding whether to sell or rent, and moving home.
- Best for Equity Investment: The latest guide to equity investment for teens
The Latest Guide to Investing in the Equity Market for Teens provides tips and key strategies for anyone interested in investing in the Equity Market. This brief reading was written by Arangion. He wanted to help young people understand the importance of starting their investment journey early.
- Ideal for passive real estate investment: Investing in REITs
Young investors often overlook passive investment in real estate because investing in real estate can be equated with becoming the owner or manager of the property. The fourth edition of Investing in REITs describes how new and young investors can diversify their portfolios and achieve the highest returns in the market through REITs.