5 of the Best Finance Books to Read Over the Holidays
The holiday season is just around the corner and is a great time to cozy up and read a book. While finance books may not be your first choice for a holiday read, they may inspire you to make positive financial changes in the upcoming new year – or they could make great gifts! With so many great books to choose from, and so little time to read, we’ve narrowed the list down to 5 recommendations you to consider this holiday.
1.The Intelligent Investor by Benjamin Graham
The Intelligent Investor is a book on “value investing” written by Benjamin Graham who is widely regarded as the father of value investing. Value investing is focused on generating steady, long-term profits by finding companies with great fundamentals and buying shares at a discounted price thereby focusing on the company’s true value and disregarding the media hype. While this book was written in 1949, it is still relevant today and a timeless classic. A recommended book for those who invest or are interested in investing in the stock market as it highlights the key differences between a speculator and a true investor.
2. Rich Dad Poor Dad by Robert T. Kiyosaki
After more than 25 years, Rich Dad Poor Dad is still one of the top personal finance books of all time. The book debunks the myth that you need to earn a high income to be rich. To build wealth, how much money you earn is not necessarily as important as how much money you save and how you let your money work for you to achieve a life of financial freedom and wealth.
3.Think and Grow Rich by Napoleon Hill
Think and Grow Rich curates the most common habits of wealthy and successful people – one of the most popular books about success in the world. As a book about thinking, vision, and doing what it takes to succeed, this is a book suitable for young entrepreneurs.
4.The Millionaire Next Door by Thomas J. Stanley, William D. Danko
The Millionaire Next Door is a great general personal finance book not heavy on difficult concepts. The authors interviewed millionaire households and summarized findings into an overview of the common factors amongst those who have successfully built wealth.
5. Stop Acting Rich by Thomas J. Stanley
This book provides readers the simple message that the way to live like a wealthy person is by building wealth and using it to achieve financial freedom rather than simply buying expensive items – the difference between being rich and acting rich.
This is by no means a definitive list, but each book is worth taking the time to read! Bloom Investment Counsel, Inc. wishes you a happy holiday and a healthy and prosperous new year.
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This content is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. Individual circumstances and current events are critical to sound investment planning; anyone wishing to act on this content should consult with his or her financial partner or advisor.