The holidays are here, which means it’s time to start checking off the items on your gift-shopping list. But what should you get the investors among your friends and family?
Many millionaires and successful entrepreneurs swear by reading the morning newspaper or keeping up with monthly subscriptions. If you want to stay on top of the latest financial trends, as well as getting solid, long-term insight that you can use in your financial planning efforts, reading financial magazines can be a big help.
“The Millionaire Next Door” was originally published in 1996. It was updated and republished in 2010. It is considered by many individual investors and entrepreneurs a classic must-read personal finance book.
I just finished reading the latest book from Tony Robbins, “MONEY Master the Game: 7 Simple Steps to Financial Freedom.” It’s a long title for a book, but it’s also a large book (almost 700 pages in length). This is the first book from Tony Robbins in over 20 years, so I was excited to read it.
Retirement means something different for everyone. It can be a very active time of life or one filled with relaxing activities that fell along the wayside during a hectic career. Once freed from the time constraints imposed by a full-time job, it’s up to you to define what you want to get out of the rest of your life.
We often think that getting our finances in order takes some sort of grand plan. In truth, you can actually go through a series of five-minute actions that will improve your financial life. The secret is to apply a few minutes to each aspect of your financial situation on a consistent basis, which will help develop discipline and keep things from getting out of control.
If you were to Google “classic finance books every investor should read,” you’ll find Irrational Exuberance by Nobel Prize winner Robert Shiller on many lists. The third edition hit bookstores earlier this year. When the first edition was published in 2000, it immediately hit the New York Times best-seller list, in part because Shiller’s research challenged the Efficient Market Hypothesis (EMH).
Here is my list of recommended finance books. Updated for 2018. I consider these books the cream of the crop; the best of the best. I have read every one of them. Read all of them, and you’ll have a good primer in personal finance, economics, investing and owning a business. I’ve included a quick review and summary of each book. Come back in the future for I will be adding new books. Readers if you would like to add your personal favorite, please add it to the comments below.
Editor’s Note: We liked The Mint Manual so much that we acquired the rights to the eBook on July 1st, 2015. Everything about the review remains the same. By now you’ve probably heard about Mint.com and how to use it to manage your finances. By linking all your accounts, you get an overall snapshot of where your money is going, and the progress you’re making on your goals. But do you really know how to make Mint.com work to your advantage? This is where The Mint Manual comes in!
One of the most confusing financial products on the planet is the annuity. There are so many different types of annuities that it’s hard to keep track of all of them. Annuities come with different terms, benefits, transfer rules, and different ways of earning money. From market-index annuities to fixed-rate annuities and from immediate annuities to deferred annuities, there is a lot to take in.