{ "media_type": "text", "post_content": "Any good books/resources about investing in the stock market that I can give to my parents?", "post_id": "600717c02a93fc0021af459a", "reply_count": 4, "vote_count": 1, "bowl_id": "5e3efd45ce123f00292dc3e1", "bowl_name": "Finance" }

Any good books/resources about investing in the stock market that I can give to my parents?

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Ask them to join r/wallstreetbets

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Psychology of money is a good place to start

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They are pretty old school (save plenty in bank accounts with no debt) but never really learned about the benefits of long-term investing so I’d like to help educate them.

Just give them an example of compound interest in simple terms with $100 and 10% a year. Year 0 you have 100 year 1 you have 110 year 3 you have 121 year 4 you have 133. Or in a bank you always have 100 Or just tell them stonks only go up and to get into BB before it goes to the moon

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