Do you want to know how to amass great wealth through investing? Do you want to successfully invest like Warren Buffet, George Soros, Larry Robins, or David Tepper? Do you want to know the secrets to building your personal wealth through financial investment? The answer to all these questions is simple: you should start reading books written by prominent financial investors. Reading such books will improve your ability as an investor. The books will equip you with the required knowledge and skills to make wise investment decisions.
Are you a young investor who wants to get information on the basics of investment? If so, you should grab a cup of coffee (or tea), sit back, and read on as we illuminate on the 5 best books on investing for young adults to grow their personal finance.
1. "Rich Dad, Poor Dad" (2000) by Robert Kiyosaki
This is a great book for young investors who want to know how to earn a constant stream of income through investment. The author offers financial advice to budding investors about managing cash flow, real estate investment, and starting a business. The book busts the myth that you need a high income to become rich, and tells the difference between working for money and letting the money work for you.
2. Saving for Retirement (Without Living Like a Pauper or Winning the Lottery) (2012) By Gail MarksJarvis
"Saving for Retirement" is another great book that actually manages to make sense of investing without confusing you with complicated investing theories. By reading this book, you will get a basic understanding of how to make investments work for you. The author offers explanation of different types of investment products in simple terms. This is a great guide to jump-start your investment career and build your personal wealth along the way.
3. The Intelligent Investor: The Definitive Book on Value Investing (1949) by Benjamin Graham
"The Intelligent Investor" has been touted as the best book ever written by the most successful investment expert, Warren Buffet. He especially praises chapter 8 and 20 of this book that has been the foundation of his investing activities for the past sixty years. Young investors will learn about 'value investing' and how to make profit when the market is trending.
4. The Essays of Warren Buffett: Lessons for Corporate America (1997) by Warren Buffett
"The Essays of Warren Buffet" is widely considered as the definitive book to gain understanding on stock market investment. The content of the book is well laid out that sheds light on how enterprises provide value to investors. After reading this book, you will know the insightful views on investing of one of the most successful investors in Corporate America.
5. The Little Book that Still Beats the Market (2005) by Joel Greenblatt
‘The Little Book that Beats the Market" by Joel Greenblatt is a simple and easy to understand book on investing. The author offers investing advice in plain language and using 6th grade math. You can easily learn various investing concepts and also be able to put them into practice.
The above were just some of the best personal finance books on investing. Remember that the more you read, the more knowledgeable you will become. And the more knowledge you have, the easier it will be for you to build your personal fortune.