Personal Finance Books for Winter Reading
December 11, 2007
Not sure what you’re going to do this winter as you’re hibernating the cold weather away? Five Cent Nickel put together a great list of the top personal finance books according to 12 different financial bloggers.
My recommendation was The Intelligent Investor by Benjamin Graham, here is what I had to say about it:
I’d recommend this book to anyone wanting to understand fundamental analysis of a business and its stock. I love the distinction that Graham draws between an investor and a speculator; it runs through my head every time I make an investing decision. I’d go with the revised edition of The Intelligent Investor with commentary by Jason Zweig; it really helps apply Graham’s principles to today’s financial markets.
Reading a personal finance book won’t do any good unless you take action after soaking in the message or tips but if you can apply what you learn the time you spend reading a good book can be a valuable investment in itself.
I’d also recommend not trying to charge through a bunch of books at once. Pick one, take the time to go through it and really understand the concepts it’s trying to get across. That being said, there are ten other great book recommendations that Nickel covers so you have plenty of reading to tide you over for months to come. Enjoy!
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