I would like to learb about stock trading and learn to make wise decisions on investing. I have no very good experience. Can you suggest any articles/books? Id love to create my own wealth.

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My advice: don’t. You (and 99.9999% of America) don’t know what you’re doing and no matter how much you research you still won’t. Invest in your personal development in other areas and buy an index fund.

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An index fund holds a little bit of a bunch of the largest publicly traded companies. This way you diversify your holdings and generally will perform as the market does. A good one (technically it’s an ETF) is VOO.

Millionaire next door.
A random walk down Wall Street.

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Yes. Will change your perception of income vs wealth and you will learn to invest as well as spend wisely. Also to add to the list - Intelligent Investor by Benjamin Graham.

Changed my life.

Security Analysis. It’s a book from the 30’s and thick as hell, but if you read it you’ll know value investing in and out

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The Intelligent Investor by Benjamin Graham. It’s regarded as one of the best value investing books in the investment community.

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I dnt wanna be an auditor or employee forever.

Books: Intelligent Investor, Safe Strategies for Financial Freedom.

Random walk is a good place to start. Intelligent investor is another one, but you need some practical knowledge for it to make sense. I’d also put Jim Cramer’s Get Rich Carefully to begin to understand how the stock market works and some trading mechanics.

And don’t let anyone tell you that you’re not able to pick a stock. I did benchmark index funds only for a while, then added some international ETFs, and then began picking a couple stocks here and there. Im now about 40% invested in stocks I’ve picked. Since March 23rd I’ve beaten the S&P while maintaining 20-30% cash. It takes work, but it’s possible. Today, you can get access to virtually all the same information as a professional money manager or analyst. But your edge is you don’t have to show a return by the time you have to write your next investor letter.

Manage risk by not going too big on any one stock (keep it under 5% of your invested capital) and be damned sure you understand the company.

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