Top investment books to read for basic investing in 2024 - The Evesham Observer

Top investment books to read for basic investing in 2024

Evesham Editorial 9th May, 2024   0

Investing is a crucial part of wealth-building, but knowing where to start can be challenging. Once you begin, there’s always more to learn. Personal finance books on investing can be excellent learning tools, no matter where you are in your journey.

The following books cover what you need to know about making your money work for you, whether you’re a beginner, intermediate investor, or looking to explore new types of investing.

Best investment books of 2024

“Cashing Out: Win the Wealth Game by Walking Away” by Julien and Kiersten Saunders

Written by the couple behind the rich & REGULAR blog and Money on the Table YouTube channel, “Cashing Out” chronicles how Julien and Kiersten Saunders paid off $200,000 in debt in five years, started investing in real estate, and embraced the F.I.R.E. (Financial Independence, Retire Early) movement. This book is not just for those looking to retire early; it’s a source of inspiration and a practical guide on how to leverage your money effectively. It’s particularly impactful for BIPOC readers, as the Saunders discuss how traditional wealth-building advice may not apply equally to Black individuals compared to their white counterparts.




“Broke Millennial Takes on Investing” by Erin Lowry

The second book in Erin Lowry’s “Broke Millennial” series, this book dispels common myths about investing, such as the belief that you need to be debt-free to start. Lowry explains how to begin investing even with limited funds, covering topics like investing while paying down debt, selecting the right investment platforms, and avoiding scams. Lowry also discusses aligning investments with personal values and beliefs.


“Clever Girl Finance: Learn How Investing Works, Grow Your Money” by Bola Sokunbi

Geared toward women, this book highlights the importance of investing for women, starting with why it matters. Sokunbi breaks down the workings of the stock market, different investment types, common mistakes to avoid, and more. Personal anecdotes throughout the book make it an engaging and digestible read.

Best for Intermediate Investors:

“How I Invest My Money” by Joshua Brown and Brian Portnoy

For those who grasp the basics of investing, “How I Invest My Money” offers insights from 25 financial experts on their investment strategies, wealth-building approaches, and financial decision-making processes. By sharing diverse perspectives, the book underscores that there’s no one-size-fits-all approach to investing—everyone’s goals and strategies are unique.

“Getting Started in Technical Analysis” by Jack Schwager serves as a comprehensive guide for beginners in trading, covering essential topics in technical analysis. This book not only explores chart patterns and technical indicators but also delves into crucial aspects like selecting entry and exit points, crafting trading systems, and formulating a successful trading plan. It consolidates invaluable advice into a single resource,

making it an ideal starting point for novice traders aiming to become proficient in the field of technical analysis.

Best for Understanding the Stock Market: “Mastering The Market Cycle: Getting the Odds on Your Side” by Howard Marks

In “Mastering The Market Cycle,” Howard Marks delves into market cycles to help readers understand why stocks and other assets fluctuate in value. Instead of offering clear-cut answers on what to buy or sell, Marks equips readers with knowledge to make informed investment decisions based on market dynamics.

Best for real estate investing: “The Book on Rental Property Investing” by Brandon Turner

Brandon Turner’s book is dedicated to real estate investors niche. It covers various rental property investment strategies, from property selection and location to financing tips. Turner’s insights can help beginners become successful real estate investors.

Best for Day Trading: “How to Day Trade for a Living” by Andrew Aziz

While day trading offers the potential for quick gains, it also presents a high degree of risk. This approach is most successful when undertaken by investors possessing a deep understanding of market dynamics. The book provides comprehensive guidance on day trading, covering topics like stock selection, choosing trading platforms, and risk management.

These investment books offer valuable knowledge and insights for anyone looking to expand their investing skills beyond basic resources like blogs and webinars. Whether you’re new to investing or seeking to refine your strategies, these books provide reliable information from reputable sources to enhance your investment journey.

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