My goal is to retire early at or before my 45th birthday. I’m currently 33, so I still have 12 years left in front of me to amass a sufficient amount of money and passive income to be able to reach financial freedom. Twelve years seems like a long time, but it’s as quick as I could figure out!
Trust me, I spent a lot of time during my twenties thinking about how to get rich quick only to discover that there is no such thing. I’ve read a lot, more than a hundred books about investing and getting rich in my life. Name it and I probably read it… Only a few were really worth the paper on which they were printed. Let’s save yourself the trouble of reading all that crap!
Here’s a collection of the best books about investing that I have enjoyed and even read more than once. I hope you’ll enjoy them as I did.
Benjamin Graham is the father of value investing and mentor of the Oracle of Omaha : Warren Buffett himself! If he was good enough as a mentor for Warren Buffett, he’s good enough for me for sure! I’ve learned a lot of useful stuff in those books. If you have to start somewhere, it’s there.
Warren Buffett never wrote a book, but he let Alice Shroeder write his biography. The Snowball is one of the most interesting book I’ve read about the true legend of the best investor of all times. You’ll learn a lot about Warren’s personnality, about how he started, his mistakes and success. While it will not show you how to invest, there is a lot to learn from Warren’s experiences.
As a dividend growth investor myself, I couldn’t pass on this one. Lowell Miller has written the best book I’ve read about the subject. With this book you’ll learn how to spot interesting opportunities in the market, how to properly evaluate a REIT, utilities, banks etc… There is also a great chapter explaining why bonds are riskier investments than well-chosen dividend growth stocks.
Anybody can do it! It is feasible to become financially independent at a young age if you apply these life principles. This is clearly the best book about how to properly set your life to become rich and retire early! I would have loved to read this book in my early twenties.
In my own opinion, these are the best books about investing.
Any other books to suggest?