Reddit reviews The Elements of Investing: Easy Lessons for Every Investor
We found 10 Reddit comments about The Elements of Investing: Easy Lessons for Every Investor. Here are the top ones, ranked by their Reddit score.
Wiley
We found 10 Reddit comments about The Elements of Investing: Easy Lessons for Every Investor. Here are the top ones, ranked by their Reddit score.
+1
Another resource I found as a good introduction to index funds and investing in general was Burton Malkiel's The Elements of Investing: https://www.amazon.ca/Elements-Investing-Lessons-Every-Investor/dp/1118484878
If you only ever get 1 book, you can read this in a couple days, and it helps you get started with Vanguard.
https://www.amazon.com/Elements-Investing-Lessons-Every-Investor/dp/1118484878
Once you have a decent amount of money invested, this book will ensure you don't fuck it all up. A much longer read but full of good information on how to take the emotions out of investing, which are basically going to be your biggest foe.
https://www.amazon.com/Intelligent-Investor-Definitive-Investing-Essentials/dp/0060555661
The Elements of Investing was the first book recommended to me by a friend, and it taught me ridiculous amounts in about 150 pages. You could tear through this in a day and learn volumes full.
http://smile.amazon.com/gp/product/1118484878/ref=oh_aui_detailpage_o07_s00?ie=UTF8&psc=1
Dude, if your 29 now, you could be a millionaire by the time your 60. So many people make the mistake your making, don't do it.
You grow wealth by living below your means and investing it.
Just read this, its a $12 book. Teaches you how compounded interest works.
https://www.amazon.com/Elements-Investing-Lessons-Every-Investor/dp/1118484878
Your going to need at least a million to survive without Medicare.
Here is a link: The Elements of Investing: Easy Lessons for Every Investor https://www.amazon.com/dp/1118484878/ref=cm_sw_r_cp_api_i_0GM2BbRHZGEC0
And I suggest the 2nd (or maybe they just refer to it as “updated” like on the cover) because it’s updated to reflect increased trends in e-trading and reduction in managed portfolios like managed mutual funds.
For retirement accounts in particular, I would highly recommend The Elements of Investing by Malkiel and Ellis.
Link: https://www.amazon.com/Elements-Investing-Lessons-Every-Investor/dp/1118484878?ie=UTF8&ref_=asap_bc
It covers the optimal strategy for how everyday people should invest for retirement: a diversified portfolio of low-cost, broad index funds. It also gives a list recommended funds from various institutions (Vanguard, Fidelity, etc.). If you frequent this subreddit, then the majority of it will sound very familiar. But it's a good introduction for the uninitiated.
In addition to all the great advice here, I'd recommend you read The Elements of Investing. It's short, easy to read, and has lot of really great advice applicable to passive index fund investing that you need to know before starting. PM me if you'd like a sample (ahem) of the book.
I can but give you general advice here. I recommend the following book
Elements of Investing, by Burton G. Malkiel and Charles D. Ellis (http://www.amazon.com/Elements-Investing-Lessons-Every-Investor/dp/1118484878/ref=sr_1_1?s=books&ie=UTF8&qid=1396738947&sr=1-1&keywords=elements+of+investing)
This will basically lead you to the conclusion of dollar-cost averaging in a diversified index/ETF based low-cost portfolio mixed according to your age and retirement goals.
You start here.
This is the most succinct, most comprehensive, clearest book on the subject I've found to date.
Not 100% certain for either of them. Here are a couple of links:
Elements of Investing
Millennial Money