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Best Books for Young Investors

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Here are the top picks for newly graduated and college-age investors looking to expand their financial knowledge and build a future.

It’s a great idea to start investing once you start earning your own salary. It will give you prospects to create a retirement savings strategy or passively earn a little extra income.

When you’re just starting your career, it’s essential to understand the basics of investing and the further options. So you can choose the wisest path for your financial future. As your earnings increase, your investment portfolio can also grow.

It doesn’t matter if you are a teenager or a newly graduated who just realized how important investing could be. These books for young investors will help you grow your knowledge and succeed.

Most experts agree that John C. Bogle’s best-selling financial guide is a must-read before you start investing. The 2017 edition comes (first published in 2007) with two new chapters on retirement funding options and asset allocation.

It teaches you how to make the wisest investment decisions while providing a framework for building a low-risk portfolio. Bogle advises readers to ignore investing trends and focus on a diversified portfolio. He also explains index funds’ importance.

A Beginner’s Guide to the Stock Market

Young investors with no experience with the stock market will learn the market basics with this guide. Matthew R. Kratter breaks down the categories of stocks and how they work. He also explains how to analyze stocks to find ones that perform well in the long term or short term.

One essential area this book addresses is the mistakes new investors often make. It also explains ways how to avoid them. This book also tackles investing strategies and the ideal methodologies for new investors.

Broke Millennial

Broke Millennial addresses topics such as understanding personal finance and addressing your spending habits.

Erin Lowry explains how to control your finances and begin investing even with less money. Young investors will learn tips for extending their earnings and getting started on creating a retirement fund at an early age. Unlike many other traditional financial guides, this book is written by a millennial in simple terms that beginner investors will get quickly.

The Book on Rental Property Investing

The stock market is not the only place young investors can invest their money. Rental property investing can also help diversify and extend earnings if you do it properly. This book illustrates the entire process of buying and renting properties while offering advice on selecting the right property.

Brandon Turner provides a complete framework for expanding wealth with real estate investing. His book explores the basics of the financial consequence of being a landlord, and it describes common landlord challenges and ways to overcome them.

The Only Investment Guide You’ll Ever Need

This book will reveal ways to get started building an investment portfolio with $0. Finance writer Andrew Tobias accompanies young investors through the importance of building a financial foundation and focuses mainly on setting a healthy savings account.

In this guide, readers will find helpful investing advice applied to all aspects of their financial lives.

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