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Best Investment Books For

Beginners: Top 8 Picks For 2019
– My Honest Review

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Today I will be presenting my Top 8 Picks for this

year’s best investment books for beginners.

I conducted extensive research to determine

what I believe to be some of the best books online
today, I know these books will help you!

These books are guaranteed to help you get

started on your road to greater wealth and
success. Each of these books are top rated and
best-selling online.

However, if you are like me, maybe you are

skeptical? Maybe you don’t know if you should
look into investing or if it is a smart move in this
economy.

Contents
1. Why It’s So Important To Start Investing
Today
1. Best Investment Books For Beginners List:
1. 1. The Bogleheads’ Guide to Investing by Taylor
Larimore
2. 2. The Four Pillars of Investing: Lessons for
Building a Winning Portfolio by William J.
Bernstein
3. 3. It’s Not About the Money: A Financial Game
Plan for Staying Safe, Sane, and Calm in Any
Economy by Brent Kessel
4. 4. Investing Made Simple: Index Fund Investing
and ETF Investing Explained in 100 Pages or Less
by Mike Piper
5. 5. The Millennial Money Fix: What You Need to
Know About Budgeting, Debt, and Finding
Financial Freedom by Douglas Boneparth
6. 6. First-Time Investor: Grow and Protect Your
Money: Paul Merriman’s How To Invest Series by
Paul A. Merriman
7. 7. The Only Investment Guide You’ll Ever Need
by Andrew Tobias
8. 8. The White Coat Investor: A Doctor’s Guide
To Personal Finance And Investing by James M
Dahle MD
9. You Might Also Like:

Why It’s So Important To Start

Investing Today
Here is an article from Forbes presenting why you
should be investing in 2018. I highly recommend
checking that out if you have any doubts about
investing now.

Ever since we switched from the Industrial Age to

the Information Age, we no longer see people
given gold watches and a retirement plan.

Instead, we see poverty everywhere, and a lack of

real wealth in light of what many people believe is
a time of prosperity in the Western World and
many other countries.

It is now more important than ever to take

control of your finances and learn the financial
skills that are most necessary today.

While several of the books listed below cover

long-term or retirement strategies, there are
books listed for the more aggressive investor.

Best Investment Books For

Beginners List:
1. The Bogleheads’ Guide to
Investing by Taylor Larimore
Average Customer Rank: 4.7/5

Price: $18.36
Hardcover
Cheapest Place
to Buy:
Amazon.com
Available in:
Hardcover,
and Kindle
Published:
August 18,
2014 See Full Book Details
on Amazon

Overview:

This book receives praises for several reasons.

Along with its very honest and transparent
advice, there are some real gems to be found
within.

This book was actually published by several

authors, with a foreword from John C. Bogle
himself. John Bogle is an investor, philanthropist,
and the retired leader of “The Vanguard Group”.

The Good:

PRO #1: This book covers a wide variety of

valuable topics but sustains focus on the
principles and strategies necessary to invest
wisely. Some of the topics include:

Using a 401k properly.

Investing in Stocks.
Mutual Funds
Handling Debt
IRA Management

That being said, this book contains steps to invest

in your retirement and most say it focuses on
long-term investments rather than “get-rich-
quick” strategies.

PRO #2: “The Bogleheads’ Guide to Investing”

also covers topics that are normally overlooked or
glossed over. Such as: Taxes, Investing Mentality,
Philosophy of loans/borrowing, and proper usage
of savings for investments.

The Bad:

CON #1: This book quite literally only two

problems that people complain about.

1. It is for beginners. Among the (very few)

negative reviews about this book online,
people complained that it was very basic and
didn’t have the sophisticated strategies they
were looking for.These reviews were from
experienced investors who clearly needed a
specific course or step by step guide on
something and didn’t find it with this book.
2. It covers long-term strategies. This is
something I thought would be expected
from a book based off of “The Vanguard
Group’s” principles, but I guess people didn’t
read the reviews before purchasing and
were disappointed. Again, this is a book on
retirement and long term investing.

In Conclusion:

If you are looking for an insightful book with

sound principles for steady returns on a long-
term investing strategy, look no further!

This book has an exceptional 4.7/5 star average

rating and has remained a cornerstone reference
guide for investors of varying caliber.

I wouldn’t recommend this book for the

experienced investor if you are looking for
advanced strategies, but I am confident
anyone will find a gem or two in this best-seller.

2. The Four Pillars of

Investing: Lessons for Building
a Winning Portfolio by
William J. Bernstein
Average Customer Rank: 4.5/5

Price: $26.94
Hardcover
Cheapest Place
to Buy:
Amazon.com
Available in:
Hardcover,
and Kindle
Published: July
8th, 2010
See Full Book Details on
Amazon
Overview:

Many people have

compared this book with books by John C. Bogle.
Some said it was very useful while reading books
by “The Vanguard Group”, and that this one went
into greater depth on some topics.

Naturally this book covers long-term investment

strategies, and is rated only slightly lower than
the book aforementioned. It covers topics such
as:

Stocks investments and the dangers of

picking them.
How to use different investments together
well.
The ghastly truth about Mutual funds, and
brokerages.
How to manage your retirement and assets
altogether. (401k, your savings, equity, etc)
How to have the right mindset and the
dangers of a bad one.

The Good:

PRO #1: This book is a very well-rounded source

of information and is very compatible with other
books on similar topics.

PRO #2: Focuses on the long-term, geared

towards you retirement. Highly rated for this
purpose.

PRO #3: Rated well for having strategies that

work in any given market. Testimonials and
ratings indicate people have used this book to
secure themselves in a poor economy.

The Bad:

CON #1: Negative reviews indicate people

found it too similar to other books on long term
investing or that they thought there were better
books on the subjects covered. (This book is an
older one)

CON #2: Some people left negative reviews

stating that they thought the author was holding
a double standard about professionals. They
thought it was unfair that the author would praise
certain professional advisers but then make a
blanket statement about advisers in a certain
field. (Brokers for example)

In Conclusion:

I firmly believe that there is no such thing as a

perfect book. There will always be something that
someone doesn’t like or something they don’t
agree with. That’s why I think you have to take
books like these for what they are, not what you
want them to be.

I highly recommend you pick this book up if you

are a beginning investor, and I can see this
becoming a solid reference for long term
investing. That being said, I’m not expecting you
to agree with everything William presents.

I do believe the advice he gives is solid

however, and I’m sure you will find
significant value in his strategies.

3. It’s Not About the Money: A

Financial Game Plan for
Staying Safe, Sane, and Calm
in Any Economy by Brent
Kessel
Average Customer Rank: 4.4/5

Price: $14.93
Paperback
Cheapest Place
to Buy:
Amazon.com
Available in:
Paperback,
Hardcover,
and Kindle
Published:
March 31st, See Full Book Details
2009 on Amazon

Overview:

This book focuses on understanding self, and

preparing for any financial circumstance making it
perfect for new investors. It digs deep into
your mindset and gives you solutions that
suit your “financial archetype”.

Understanding your character and how you deal

with money will play a key role in determining
how you will invest. People have found this book
instrumental for their personal development.

Some of the primary points include:

Setting up your investments for any

economy.
Finding out why you are failing or why your
investments aren’t doing well.
Creating internal peace regarding your
investments.

The Good:

PRO #1: Brent covers some very important

topics and creates clarity regarding several issues
for the new investor. I am firm believer that you
can take yourself out if your mindset is bad.

It’s one of the reasons why I have worked on my

own mindset for so long. Reprogramming what
your mind tells you is important.

Furthermore, understanding how you handle

money and what kind of risk/pressure you can
handle is critical!

PRO #2: If something isn’t working, its important

to know if the investment is the problem, or if I’m
the problem. The way we structure our
investments comes down to our plan of action
and our theology, or mindset towards our
investments.

This book covers this and will equip you

with not only the tools to help yourself, but
the tools to help others around you.

The Bad:

CON #1: Some people found this book didn’t

give the solutions or the insight they needed to
make sufficient change in their financial walks.

This stemmed from being a certain archetype, or

wanting more in-depth strategies to overcome
specific problems.

CON #2: Other people thought the book

sounded too much like other authors they had
read books from before and thought it was simply
to basic for them.

In Conclusion:

To me, every review sounds very similar. Either

you thought the book was too basic/similar, or
you found the insight on your financial archetype
helpful and enlightening.

Personally, I thoroughly enjoy books that provide

this kind of information. Being able to compare
myself with something allows me to see
flaws and strengths easier.

I know you will find that this book helps you

accomplish better investing, and gives you
greater peace in general after reading. I
recommend this one!

4. Investing Made Simple:

Index Fund Investing and ETF
Investing Explained in 100
Pages or Less by Mike Piper
Average Customer Rank: 4.4/5

Price: $14.99
Paperback
Cheapest Place
to Buy:
Amazon.com
Available in:
Paperback, and
Kindle
Published: Jan
2nd, 2018 See Full Book Details
on Amazon
Overview:

Mike Piper covers several topics in this book and

is structured for the absolute beginner. Many
people have gifted this book and bought it
knowing how well it helps people start investing
and planning for the future.

Here are a few things it covers:

Choosing between the different IRA’s

available.
It covers different errors made by new
investors.
Showing how to calculate your retirement
needs for the future.
It will help you understand your allocation of
assets.

The Good:

PRO #1: This book is very basic and easy to

understand. If you are just getting started
investing, or know someone who hasn’t got a clue
about their retirement or investments, this book
is perfect.

PRO #2: The primary advantage of this book is

its insight for long-term investing and future
retirement plans. People have said that this book
lays the foundation for greater learning
depending on what kind of investments you want.

The Bad:

CON #1: People didn’t get the memo on this

book and complained that it was too basic. Others
said they didn’t learn anything new and returned
it.

In Conclusion:

I don’t recommend this book unless you are a new

beginner and are looking to lay a firm foundation
for your financial future. If you are looking for an
in-depth guide to different investments, this isn’t
one for you.

If you are looking for a cheap way to gain

clarity as a new investor, I highly
recommend this book!

5. The Millennial Money Fix:

What You Need to Know
About Budgeting, Debt, and
Finding Financial Freedom by
Douglas Boneparth
Average Customer Rank: 4.8/5

Price: $12.95
Paperback
Cheapest Place
to Buy:
Amazon.com
Available in:
Paperback, and
Kindle
Published:
August 21st,
See Full Book Details
2017
on Amazon

Overview:

Douglas Boneparth really comes through for the

Millennial of this generation. He covers topics
that compose most people’s early life and helps
them plan ahead for more than just investing in
this book.

Some of those topics include;

How you can set yourself up for success with

attainable goals.
Paying for college or other programs.
Planning for your married life, children, and
family.
Getting a job you love!
Setting yourself up for retirement.
The necessity of handling your money well
and how to do it.

The Good:

PRO #1: This book will equip you with the tools
you need after high school. Rather than just
covering investing, this book will set you up for a
plethora of important situations and support your
investing habits.

PRO #2: There are some great examples

provided to the reader for them to reference
success in early life and later in life. This is
important for the new investor who has other life
goals and concerns that may hinder their financial
growth.

PRO #3: Many people have said they wished

they had this book when they were 20. Being
released just last year, many people have said it
was a refreshing, well-rounded book.

What separates this book from others, is its

updated formatting and writing style which
allows for easier reading and for more relevant
information being listed. Some of the best
selling books out there for new investors
aren’t as recent.

The Bad:

CON #1: There is only 1 negative review on this

book at the time of this post. The buyer said they
didn’t find anything truly insightful and said they
could find all of the information provided online.

In Conclusion:

I’m sure my recommending this book was

foreseen. The reason I included this book is
because many new investors start investing, but
stop when their education, jobs, and families start
getting in the way of their financial goals.

I know this book will help you balance your

life and help you invest with greater ease!

6. First-Time Investor:
Grow and Protect Your
Money: Paul Merriman’s
How To Invest Series by
Paul A. Merriman
Average Customer Rank: 4.8/5

Price:
$5.99

See Full Book Details on

Amazon

Paperback
Cheapest Place to Buy: Amazon.com
Available in: Paperback, and Kindle
Published: July 23rd, 2012

Overview:

This book, albeit a bit short, covers basic investing

principles and solid strategies that exceeded
many readers expectations!

Here are some of the topics covered:

Diversification
Balancing a financial portfolio
Long-Term strategies for financial growth
Mutual funds are covered as well.

The Good:

PRO #1: Very basic and a shorter read at over

100 pages long. This book was made for the
beginner at any age and is a solid introduction to
investing.

PRO #2: The principles discussed are time-

tested and have proven sound in any investment,
though the primary focus is mutual funds.

The Bad:

CON #1: Some have complained that this

information could be found online for free or that
the book was too short.

In Conclusion:

With a 4.8/5.0 stars rating and a low price price, it

is hard for me to not to recommend this book.

Many people were pleasantly surprised by the

value they got in this book. I recommend this
for the beginner investor!

7. The Only Investment

Guide You’ll Ever Need by
Andrew Tobias
Average Customer Rank: 4.4/5

Price: $10.84
Paperback
Cheapest Place
to Buy:
Amazon.com
Available in:
Paperback,
Kindle
Kindle,, Audio
CD and
Audiobook
Published: April See Full Book Details
26th, 2016 on Amazon

Overview:

While its rather cliche, this book really does live

up to its name. It is by far one of the most
successful books for the beginner investor
and has been since the 70’s.

This updated version is perfect for you, especially

if you want something relevant and in-depth.

Andrew offers practical advice on:

Savings
Investments
Retirement
And more.

The Good:

PRO #1: This book is incredible for its advice on

savings, and utilizing them for long-term investing
success. People have accredited their financial
growth to this book since they first read it.