Investing For DummiesŪ by Eric Tyson
Investing for Dummies is a good, all-around investment guide for the rest of us. Author Eric Tyson covers all aspects of investing, from stocks and bonds to real estate and collectibles. Tyson points readers towards investments that actually work and raises warning flags about strategies you should avoid. The book also considers whether starting and running your business can be a good investment option. If you're looking for a good place to start building a secure financial future, this is it.
Dictionary of Finance and Investment Terms (Barron's Financial Guides) by John Downes (Preface), Elliot Goodman, Jordan Elliot Goodman (Preface)
A small but surprisingly comprehensive dictionary defining over 5,000 terms. The sturdy binding will hold up to a great deal of travel. A very practical and inexpensive gift for any business person or anyone interested in finance and investment.
The Millionaire Next Door : The Surprising Secrets of America's Wealthy by Thomas J. Stanley, William D. Danko
How can you join the ranks of America's wealthy (defined as people whose net worth is over one million dollars)? It's easy: you just have to follow seven simple rules. The first rule is, always live well below your means. The last rule is, choose your occupation wisely. You'll have to buy the book to find out the other five. The authors' conclusions are commonsensical. But, as they point out, their prescription often flies in the face of what we think wealthy people should do. Stanley and Danko mercilessly show how wealth takes sacrifice, discipline, and hard work, qualities that are positively discouraged by our high-consumption society.
Rich Dad, Poor Dad : What the Rich Teach Their Kids About Money That the Poor & Middle Class Do Not! by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)
Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them").  Kiyosaki compellingly advocate the type of "financial literacy" that's never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed.
The Motley Fool's Rule Breakers, Rule Makers : The Foolish Guide to Picking Stocks by David Gardner, Tom Gardner
"Business is as simple as changing the rules at the beginning, and then making the rules at the end," say David and Tom Gardner, creators of the Motley Fool investment web site. Invest in the stock of one company that goes all the way from rule breaker to rule maker, and you get rich. But how do you tell the difference between a company that will follow this model--a Microsoft or a Wal-Mart--and a company that only appears to be a superstar, like Boston Chicken? The Gardners explain what takes a company from interesting maverick to the "default setting" of its industry--the name synonymous with its entire type of product, such as Coke, Kleenex, and Band-Aid. They throw in a little culture, too: readings from Shakespeare's Henry IV, Part One and Henry V illustrate the classical route from edgy rule breaker to regal rule maker.
The Unemotional Investor: Simple Systems for Beating the Market by Robert Sheard
The Unemotional Investor offers you a purely mechanical set of approaches for investing in stocks. These intriguingly simple formulas for investing have yielded gains in recent years that have crushed the market averages. One, in fact, that you'll find here has returned an average of almost 40 percent a year for the last ten years. Here, all subjectivity, all emotional decision-making, all second-guessing is eliminated. If you can look at two numbers and tell which of them is larger, you have all the basic skills necessary to manage your own stock portfolio. The secret is in knowing where to look for the right numbers to compare. And that's precisely what you'll learn here in a simple step-by-step, number-by-number approach
Winning the Loser's Game: Timeless Strategies for Successful Investing by Charles D. Ellis
This indispensable investment guide asks the question: How can an individual invest successfully when the majority always fails? Charles Ellis, one of today's most brilliant investment writers, has updated his influential book to include: Ways to escape the ravages of taxes and inflation; How to successfully pass your estate to your heirs (not the taxman!); Common investing mistakes and painless strategies to avoid them.
The Essential Buffett: Investment Principles for the New Economy by Robert G. Hagstorm, Robert G. Hagstrom
Following the Buffett model, Hagstrom explains Buffett's four timeless principles: 1) analyze a stock as a business; 2) demand a margin of safety for each purchase; 3) manage a focus portfolio; 4) protect yourself from the speculative and emotional forces of the market. Then Hagstrom shows how Buffett's thinking can be applied in the new economy, addressing technology investing, international investing, small cap stocks, and socially responsible investing. Perhaps most valuable are Hagstrom's insights into the psychology behind Buffett's focus investing. For the first time, we are given sure-fire guidelines on how to become a winning Buffett disciple.
Real Estate Investing from A to Z : The Most Comprehensive, Practical, and Readable Guide to Investing Profitably in Real Estate by William H. Pivar
Sensible, conservative real estate investing continues to be one of the most popular methods for small investors to prepare for future financial security. Real Estate Investing from A to Z explains real estate investing in simple, easy-to-understand terms that are relevant to any investor. It doesn't paint another pie-in-the-sky approach to real estate riches, in which the only people who get rich are promoters of high-priced seminar programs. Instead, Real Estate Investing from A to Z shows readers how to buy one or more homes using very little of their own money, and get discounts of 10% or more from market value. This revised edition contains updated information on: Limited partnerships, REITs and lender sales where exceptional investor opportunities are still available; Getting the most from a home inspection, especially when buying older properties; The use and future of electronic media in buying, selling and managing real estate; Using the PC and on-line services to discover and research properties.
The Unofficial Guide to Real Estate Investing by Spencer Strauss, Martin J. Stone
If you think the only path to riches is through the stock market, then think again. In The Unofficial Guide to Real Estate Investing, Martin Stone and Spencer Strauss show how to generate financial security one property at a time. The authors, both real estate brokers, illustrate basic concepts such as researching and valuing properties, obtaining financing, managing tenants and expenses, and dealing with taxes. They believe that the "biggest little secret" in real estate is the tremendous leverage that investors can enjoy. They write, "If you have $9,000 to invest, for example, you could buy $9,000 worth of stocks, bonds, coins, or art. With $9,000 to invest in real estate, however, you could purchase a four-unit FHA apartment building worth $300,000." The book includes hundreds of tips on everything from how to minimize vacancies and be a good landlord to making an offer and working with contractors. Well written and easy to read, The Unofficial Guide to Real Estate Investing is a solid introduction for anyone seriously considering real estate as full- or part-time source of income.
Rental Houses for the Successful Small Investor by Suzanne P. Thomas
A guidebook for the small investor who wants to invest in single family rental houses. Chapters guide the reader through setting meaningful and realistic goals, locating money for down payments, selecting good properties to buy, getting a loan without doing "creative financing" gyrations, managing tenants with a minimum of time, writing leases and getting good landlord insurance, and eventually doing a tax deferred exchange. Written clearly with the beginner in mind, but including the information an experienced investor needs to learn.
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