Book recommendations for investing 101 (and I mean 101, for dummies, etc)

like
Posting as :
works at
You are currently posting as works at

Intelligent investor

like

I second that

I’ll sum up what you should do here... buy index funds, buy low cost mutual funds and dollar cost average. Your welcome, you are now have a much greater statistical chance of generating meaningful positive returns

like

Value weighted index funds still flawed, tend to weight too heavily to larger companies given recent decades’ increase in concentration of value for major indices. If you go index route, recommend at least some money in equally weighted indices. And some global exposure.

Skip the books, it’s so easy... Buy low, sell high. Good luck!

funnylike

Random walk down wall street

like

I second that

Recommend “The Investment Answer” to start with - a very short and concise thesis on investing.

Then look into “One Up On Wall Street” and “The Intelligent Investor.”

likesmart

Boggleheads Wiki.

like

+1000

I Will Teach You To Be Rich by Ramit Sethi

Great beginner’s book, and you can base your entire investment strategy off this if you don’t want to get fancy/spend a lot of time (which is what I do)

like

Came here to recommend this

One up on Wall Street!

By far the most beginner friendly book out there by one of the best

like

Good books on investing are rare. Couple of the ones ppl suggested are good for fundamentals, but I’d balance them out with Black Swan and Fooled by Randomness

like

I’ll sum it up
Google efficient market theory.
Buy index funds
Nothing more to know for personal investing

Diversify across industries and geography.
Trying to time the market will just miss out on gains more often than not.
Be as aggressive as your timeline of capital needs allows (maybe don’t put everything in stocks if you need the money to buy a house next year)
VOO, VGT, QQQ (all low fee ETFs) are good for S&P500 coverage and tech coverage

I really like invested and have also listed to the podcast. I’m recently got into investing and have read the intelligent investor, education of a value investor, principles, the dhando investor etc. The best out of all of these is invested by Danielle Town. Intelligent investor is a bit theoretical and invested is more hands on.

Watch Nate O’Brien on YouTube!! I swear! He has 2 channels where he breaks down investing for dummies! I’m learning a lot!

Related Posts

How much percentage of your Salary do you Save/Invest?

like

I saw this townhouse in a prime location in my city for $350k (cheap for the area). The floors are all messed up though but the buyer said they’ll either lower the house price or give a credit for closing cost. There’s also a lot of nicks here and there (some locks missing from door, dents, scratches, stains, and some things are loose). But overall, the house’s architecture and design is so beautiful. Would it be worth it to get it and fix it up? Or find a newer house with less maintenance?

like

Is it crazy to put down 50% if that down payment amount is almost 50% of your net worth?

like

With the ongoing pandemic, crypto currency trading has found a way to establish and solidify steady financial income for those that understand exactly how to Read and manipulate the Market. This pandemic has fortunately ensured the spike in cryptocurrency prices and expands the possibilities of which one can earn profit, with a little amount of bitcoin for instance you could make so much more weekly, with as low as 1 bitcoin you could be making a week profit of about 2.7 Btc. W@ ‪+447723532642

like

Did not sell some of my underperforming stocks before end of 2021. Can I sell now but include them in 2021 tax return? Remember there is some grace period for this.

like

Hey folks I applied for a credit card they were asking for official mailid is it legal to provide bank mailid for credit card processing?

like

New to US. Which brokers offer best margin accounts? For e.g. I have equities worth $100K and want to trade options. Is there a broker where I can do so without paying more in collateral money - essentially using stocks as collateral, and also not paying margin interest. Was able to do so in London, Hong Kong, and India. However, Robinhood here doesn’t seem to allow it.

like

Does anyone have recommendations on where to get a crash course on personal finance?

like

Any McK fuel people in here? Kinda curious about this segment in reference to deal structure. Is it all commercial debt?

like

FIRE Newbie here - wondering how everyone is retiring early (30’s 40’s 50’s) if the majority of your savings are tied up in tax preferential retirement vehicles you can’t really touch for another few decades?

like

How common are credit checks for roles in accounting or finance positions? Will high utilization on credit card balances and low credit score be a deal breaker? I’ve been irresponsible and made mistakes, but wondering if I can switch jobs now or if I’m best off waiting 1-2 years and cleaning up my credit first.

like

Anyone have fee based fiduciary financial advisors they’d recommend? TIA!

like

Off topic

Is there any low interest or interest free loan policy available in thoughtworks?

Current employees, please comment...

like
like
like

KPMG India KPMG India

I received an e-mail subjected "Balance Summary" from notifications@thanks.com

It shows 1000/- in my account that I can use for shoping.

Does anyone have any idea, from where does that money came? and how can I utilize that?

Thanks!

KPMG EY Deloitte PwC

How can I invest in real estate ? Looking for an additional passive income source

like

I have ~50k in a hysa earmarked for a future down payment. Would it be wiser to backdoor that cash into a mega Roth to increase earnings and then take out what I need in a year? Or better to keep them separate

Does j2 background check decline you if they see you’re still employed with j1?

like

CSR or Delta Reserve? SO is military so the fees are waived. He already has the Amex Platinum and I have the Chase Sapphire Preferred.

like

More Posts

like

Anyone have first hand experience with travel medical insurance? Looking to purchase for a short trip but finding so many mixed reviews from people that have had to actually try and use it. Appreciate any recommendations!

like

Hello fishes, can someone tell me if HSBC EDP provides, work phone to it's employees? Like a seperate mobile device for work? Or can it be requested?

Currently a MS in Finance candidate. Got into the MBA program with a finance concentration at the same school - Johns Hopkins. Don’t care about target , non -target (already happy with my role, industry, firm). What’s more valuable in terms of longer term prospects between the two degrees? Any thoughts or guidance?

like

Does EY India provides free transportation to its employees ?

like

Hi i got a mail from IFS team about my adverse response in the FY22 ACC regarding EBP's. I am not able to understand this. Please help me understanding this mail.

like

Any Vietnamese fish got H1B stamp recently? Mine is only valid for 1 year which I'm wondering why. Not having to worry about renewing it every year when I travel abroad is nice :(

like

Guys, I am on NP and i need one roles and reaponsibilities letter which will highlight all the reaponsibilities i had ..anyone know how to get that. Is there any portal or i have to reach out to someone

like

Hey Fishes ,
I am a QA/SDET with 8 YOE , good in building framework for UI and API Testing , right now working on improving coding (DSA) and AWS (SAA certification). I am at 25 LPA now and my aim is to get in FAANG what all i need to get in my bucket to crack that (or atleast improve my chance of getting in ), please guide me .

like

Where do y’all work? I work as a consultant at a big four in San Francisco. Looking to move to phoenix but am trouble finding consulting firms that operate in the city. Any recommendations?

like

Does anyone have a fair idea what the salary range for a Director of Acquisitions in San Diego would be?

like

Hi all. I just received an offer for $130k and will be eligible for about 29,000 shares of stock options. The vesting schedule is 1 year and then quarterly thereafter.

Can someone explain what this means? I “will be eligible”. So, I have to buy the shares? Should I be asking at what price?

Newbie here. Please help!

like

True or False: My students can tell when I’m not myself.

like

Does Labs India match offer(Software Engineering). Already working in labs since a year. Got 2 diff offer's from faang's.

like

Any good gyms in the West Village/Soho area (excluding Equinox)

like

Certified Agile Manager Oct batch in Chennai on 1st Oct 2022

Post Photo
like

Any 🐠 from London Business School here working at MBB in the US? I am a current MBA student and would love to connect with alums to know more about their experience about cross geography recruiting.

Name a more iconic duo, I’ll wait.

Post Photo
likefunnyuplifting

What’s your current billable rate and salary?

like

Additional Posts in Consulting

Started my first job out of college ~1month ago and am only at around 50% utilization. Before I fully ramp up, what would be some good skills or certs to work towards? I’m working for my firms management/tech practice and am also open to expanding my coding skills (currently pretty basic)

like

Besides google any good sites/resources out there to find financial industry research or research in general?

like

Any good books/reads to learn aspects of Account Management / Engagement Management in context of tech consulting?

likefunny

Poll: What dress code do you follow at your home office?

If you contribute 6% traditional 401k, and 6% Roth as well, which gets matched?! Guessing it doesn't matter in the end...

like

How did Bain do during the GFC? Were there lots of layoffs?

like

Told a friend of mine in tech I was considering moving to BCG. He asked me if I would have to move to Boston.

I followed up by asking what he thought the top consulting firms were. "I'd guess PwC and then McKinsey are the best. I've also heard of KPMG, Deloitte, and Bain, but I don't know much about them."

Just a reminder that outside our bubble no-one really cares about firm prestige etc.

likefunnyupliftingsmarthelpful

What are the BCG ring fences and how is each one? Can you join any of them or are you required to do the one closest to your home office

like

People, there is a Politics bowl. Please stop dumping your political garbage in this one.

likesmart

Why does everyone bag on ATL? It’s actually not a bad connecting airport.

like

FAANG ranking: Google, Netflix, Facebook, Apple, Amazon. Is this correct?

like

What are the best consulting firms for someone that’s looking to work in the aviation industry? Can be big consulting firms with strong presence in aviation or boutique firms. Preferably commercial strategy type of projects. US based. Thank you!

like

Best consulting firms to work for in Hartford CT area?

like

Anyone at EY, KPMG, PWC want to refer a Deloitte Senior Consultant for the federal consulting/advisory practice? I have a TS

like

If I get laid off, I have a previous colleague that started a cybersecurity company. I would love to get involved on the business side of it. Any pointers on skills that are attractive in this realm for a startup? Would be mostly (if not all) federal defense contracting clients. I’m currently in Deloitte’s cyber risk practice but my background and passion is in accounting and finance, and business operations. Graduated in 2017 so still early career.

like

Do any of the top consulting firms hire into the Engagement Manager level after an M7 (if they had manager experience elsewhere)? I know MBB probably doesn’t but what about other tier 2 firms after that - and asking for US or Canada

likehelpfulfunny

Holiday greetings from leadership be like

Post Photo
likefunnysmart

Want to warn stakeholders that their hostile, posturing emails with our main client CC'd is only going to backfire (main client ❤️ us). emails will no joke prob get some of them fired. #restructuring

like

Anybody watch unwell on Netflix? Thoughts?

like

Has anyone taken one of those online executive courses, like the Harvard Extension School offers? Looking to use my $5k of tuition reimbursement and already have an MBA. Worth it? Best programs?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal