2025年11月6日木曜日

Three books that beginners in investing should read first.

 if you’re just starting to invest, the best books aren’t about “hot stock tips,” but about building the right mindset and understanding the long-term principles of investing.

Here are three world-class books that will give you a solid foundation 👇


📘 1. “The Little Book of Common Sense Investing” — John C. Bogle

  • The simplest and clearest guide to index investing.

  • Explains why most investors lose to the market and how low-cost index funds consistently win over time.

  • John Bogle (founder of Vanguard) teaches the power of “buying the whole market and holding it.”

🧭 Perfect for understanding how to invest successfully without guessing or trading frequently.


📗 2. “A Random Walk Down Wall Street” — Burton G. Malkiel

  • Classic introduction to investing theory.

  • Explains that markets are mostly efficient — meaning even professionals rarely beat them.

  • Covers stocks, bonds, real estate, and practical strategies for long-term investors.

📈 Great next step after you understand basic personal finance.


📙 3. “The Psychology of Money” — Morgan Housel

  • Investing is more about behavior than math.

  • Teaches patience, risk management, and emotional control — the real skills behind long-term success.

  • Full of short, engaging stories that change how you think about wealth.

💡 Helps you avoid the psychological traps that cause beginners to lose money.


📚 Recommended Reading Order

1️⃣ The Psychology of Money → mindset
2️⃣ The Little Book of Common Sense Investing → strategy
3️⃣ A Random Walk Down Wall Street → deeper understanding


 

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