{ "media_type": "text", "post_content": "I'd like to educate myself and finally start investing. I'm 33 and have only cash. What's the best book/resource would you recommend to help me understand the basics and make a good move ?", "post_id": "6109ab723690c70024735242", "reply_count": 11, "vote_count": 4, "bowl_id": "59064a3cb12379001006592c", "bowl_name": "Personal Investment Chatter" }

I'd like to educate myself and finally start investing. I'm 33 and have only cash. What's the best book/resource would you recommend to help me understand the basics and make a good move ?

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Simple path to wealth. Don’t overthink it

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This and “I will teach you to be rich” are great

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Bogleheads guide to investing and If You Can are good also

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Welcome! Read all the articles in this series. Then, read them again. Open an account. Start investing. https://jlcollinsnh.com/stock-series/

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OP a lot of these books and “resources” are a bunch of jargon that are just going to make things more confusing for you. If I were in your position I’d tell myself to start “dollar cost averaging” into what is called an “index fund” specifically either QQQ or VOO. I’d first make a robinhood account, search for those above mentioned index funds on the search bar and buy every other Wednesday. Done I no longer need to go through a bunch of bs old school resources. Once you start doing this then yeah go ahead and look up “investing 101” on YouTube. Not financial advice just what I’d tell my self. Also keep in mind most people in this bowl have no idea what they’re talking about and were calling for a multi year stock market recession in April 2020. Take it as you will

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Have you read any of these books? Most of the books being recommended are for people who need to learn the basics… 🤦‍♀️

The Psychology of Money.

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Welcome to it! There’s a lot to learn, but don’t get intimidated. Search here / ask questions wherever we can help!

I will teach you to be rich - Ramit Sethi

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