Learn about the best investing books for beginners, including summaries of each book, key takeaways, and links to where to purchase the books.
Investing is a great way to grow your wealth over time. However, it can be daunting to know where to start. There are so many different investment options available, and it can be difficult to know which ones are right for you.
That’s where investing books come in. A good investing book can teach you the basics of investing, help you develop an investment strategy, and introduce you to different investment options. If you’re new to investing, I highly recommend reading one or more of the books on this list.
The Best Investing Books for Beginners
Here is a list of the best investing books for beginners, in no particular order:
The Intelligent Investor by Benjamin Graham
This book is considered the bible of investing. It was first published in 1949, but it’s still just as relevant today. Graham teaches readers how to invest for the long term using value investing principles.
The Little Book of Common Sense Investing by John Bogle
This book is a great introduction to passive investing. Bogle, the founder of Vanguard, argues that the best way to invest is to invest in low-cost index funds.
A Random Walk Down Wall Street by Burton Malkiel
This book is a classic investing book that debunks the myth of market timing. Malkiel argues that it’s impossible to predict the stock market, so the best way to invest is to invest for the long term and hold a diversified portfolio.
The Bogleheads’ Guide to Investing by Taylor Larimore
This book is a comprehensive guide to investing using the Bogleheads’ philosophy. It covers everything from asset allocation to retirement planning.
The Richest Man in Babylon by George Clason
This book is a classic personal finance book that teaches readers the basics of saving and investing. It’s a great book for beginners who want to learn the foundation of financial success.
Rich Dad, Poor Dad by Robert Kiyosaki
Rich Dad, Poor Dad is a popular investing book that teaches the importance of financial education and investing in assets that produce income. It’s a great book for beginners who want to learn the basics of personal finance and investing.
One Up on Wall Street by Peter Lynch
How to Use What You Already Know to Make Money in the Market is a 1989 book by Peter Lynch, the former manager of Fidelity Magellan Fund, one of the largest mutual funds in the world. In the book, Lynch argues that average investors can beat Wall Street professionals by using the knowledge they already have about the companies and products they encounter in their everyday lives
The Four Pillars of Investing by William Bernstein
Lessons for Building a Winning Portfolio by William J. Bernstein is a classic investment book that has been praised for its clear, concise, and commonsense approach to investing. Bernstein argues that there are four essential pillars of successful investing: theory, history, psychology, and business.
The Investing Answer by Gordon Murray
Good to Manage Your Money and Protect Your Financial Future, by Gordon S. Murray and Daniel C. Goldie, is a New York Times bestselling book that provides a simple and straightforward guide to investing. The book is written in plain English and avoids jargon, making it accessible to investors of all experience levels
Security Analysis by Benjamin Graham and David Dodd
Security Analysis by Benjamin Graham and David Dodd is one of the most influential books ever written on investing. First published in 1934, it laid the foundation for the value investing philosophy, which has been used by some of the most successful investors in history, including Warren Buffett.