5 Great Books for Stock Market Beginners
Books are considered the best friends of humans in a real sense, and it is said that they are also the best companions of humans. They play a significant role in humans life. Books give plenty of joy to humans, and they learn a lot of things from books. They take them into a unique world of imagination and improve their standard of living. And when it comes to money investing. we must read about the Books for Stock Market Beginners
Here is a list of some of the most essential Books for Stock Market Beginners.
1. The Intelligent Investor-Benjamin Graham
The fundamentals of the stock markets are explained brilliantly. There are 3 parts to this book. First, investing approach taken by a defensive investor. The second and Third concepts explain market behavior and risk management.
2. The psychology of money- MORGAN HOUSEL
The psychology of money is the study of our behavior with money. ... It's about behavior. And everyone is prone to certain behaviors over others. Once you become aware of your tendencies, you can harness the power of your own mind, your thoughts, and your will—and you can literally change your life
The Psychology of Money by Morgan Housel is comfortably the best personal finance and investing book I've read. ... This is a break from the convention of a typical book, which is to make a few good points and then waffle on endlessly for over 300 pages
3. Rich Dad Poor Dad - Robert T Kiyosaki
Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing.
Robert Kiyosaki has challenged and changed the way tens of millions of people around the world think about money. He is an entrepreneur, educator, and investor who believes that each of us has the power to makes changes in our lives, take control of our financial future, and live the rich life we deserve. With perspectives on money and investing that often contradict conventional wisdom, Robert has earned an international reputation for straight talk, irreverence, and courage and has become a passionate and outspoken advocate for financial education
4. How to Make Money in Stocks - William O’Neil
How to Make Money in Stocks is a seven-step guiding reference for minimizing risk and maximizing gains to build a generation of wealth for investors. The book is enlisted with strategies that allow for finding winning stocks before making big price gains. It also provides tips for better investment of money in stocks, mutual funds, and ETFs to maximize gains
5. Stocks to Riches – Parag Parikh
The entire truth of the stock market in India is explained by Mr. Parikh excellently in the book
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The book itself is written in very simple and understandable language. The book highlights the mistakes you could make as an amateur investor. Remember, learning from your own mistakes is not free in the stock market as a lot of money is at the stake.
