Thursday, November 20, 2014

Stock Investing Books That You Should Read From Time To Time

Lists are the recommended books for all potential investors. I arranged them in a such a way that, each book is relevant to different level of financial intelligence as well as investing compentency.

New Investor is for anyone who are still learning ways and means to invest their hard earned money.

Beginners is meant for basic understanding on stock investing subjects and how to get started.

Intermediate Investor on the other hand is for stock investor who plan to diversify their investing strategies into stock trading.
Happy Investing & Have Fun Reading Them ;)

For New Investor

Undoubtedly, Rich Dad Poor Dad is a great starting point for anyone looking to gain control of their own financial future. His inspirational way of writing enough to make you want to start investing as soon as you completed reading the book. However, he doesn't show the exact science of making money. As long as you get motivated to invest, the objective is met.
Eric Tyson's Investing for Dummies covers very broad scope about investing subject. It's plain English writing made even the most naive person to investing world can still understand and apply the concept. However, don't expect you can invest straightaway as you might need to learn the nuts and bolts about specific investment options. 

The Only Investment Guide You'll Ever Need
It is fun to read and full of good advice in clear explanation. It won't be the only one you'll read for sure, but it may be the one that holds up the best over time. Tobias' main point is that you need to start saving 10% of your income, and he gives advice on ways to cut costs and places to put money.
The Millionaire Next Door By Stanley and Danko
It discovers that most of the wealthiest households were not located in the most upscale neighborhoods. This discovery led to additional studies, and finally to this book. These wealthy people don't dine out much, are likely to drive four-year-old Buicks, and own very few Armani suits.

For The Beginner

Jim Cramer is everywhere on TV and radio if it is about stock market. And his book, Jim Cramer's Real Money: Sane Investing in an Insane World can be extremely useful for beginners. Though it's neither specifically about technical or fundamental analysis things, he did explained some details in real world situation, which good for those who want to know how to invest or pick stocks and mutual funds better.
The Five Rules for Successful Stock Investing is about how to find wonderful businesses and purchase them at reasonable price. The five principles are do your homework, find companies with wide economic moats, have a margin of safety, hold for the long term & know when to sell. This is all fundamental analysis, but traders may find the advice on analyzing company finances useful as well.

One Up On Wall Street: How To Use What You Already Know To Make Money In The Market By Peter Lynch
Lynch provides his take on the incredible rise of Internet stocks, as well as a list of twenty winning companies of high-tech '90s. He suggests that investors can continue to reap exceptional rewards from mundane, easy-to-understand companies they encounter in their daily lives.
The Little Book That Beats the Market By Greenblatt
Greenblatt conveys his ideas through a lucid if rudimentary and rather corny explanation of basic investment concepts about risk, return, interest and business valuation. Although the fabulous returns he touts seem too good to be true, Greenblatt's formula is a reasonable variant of mainstream value-investing methods.

Intermediate Stock Investor

Intelligent Investor: The Definitive Book on Value Investing
The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor is a book for true investors, not speculators or day traders. Graham coaches the investor to develop a rational plan for buying stocks, not emotionally driven.
Trend Trading: A Seven-step Approach to Success
The book examines in detail the steps in finding, assessing, selecting, managing and monitoring a long-term trend trade. These are proven, successful methods which are easy to understand and apply. Included are the most recent updates and developments in using the count back line and the Guppy Multiple Moving Average.

Swing Trading: Strategies to Cut Risk and Boost Profits
Swing Trading presents the methods that allow busy people to hold positions for as long as a week to a month and then exit with a handsome profit. Where day traders execute many trades for nickels and dimes, swing traders take larger positions and make few moves for more substantial returns.
Technical Analysis of the Financial Markets
A comprehensive guide to trading methods and applications. From how to read charts to understanding indicators and the crucial role technical analysis plays in investing, readers gain a thorough and accessible overview of the field of technical analysis, with a special emphasis on futures markets.