9 Best books for young investors

9 Best books for young investors

Best for Investing Basics: The Only Investment Guide You’ll Ever Need

Learn how to get started building an investment portfolio with $0 using this guide. Finance writer and
co-host of the PBS series “Beyond Wall Street: The Art of Investing,” Andrew Tobias walks young
investors through the importance of building a financial foundation for investing and focuses
particularly on establishing a healthy savings account.
Readers will find sound investing advice that can be applied to all aspects of their financial lives in
this guide. “The Only Investment Guide You’ll Ever Need” was originally published in the 1970s and
was completely updated in 2016 with more commentary on modern-day investing, including the
author’s thoughts on the 2008 financial crisis.

Best for Expert Investing Tips: One Up on Wall Street

In this tell-all financial guide, Peter Lynch reveals some of the best-kept secrets straight from
experienced investors on Wall Street. “One Up on Wall Street” revolves around the rise of internet
stocks and breaks down the ways in which modern investing has changed in the years since. Lynch
explores the opportunities that exist for amateur investors, particularly young and new investors.
Peter Lynch is the former manager of Fidelity and their multi-billion dollar fund. He details how to
research and find stocks that may be likely to perform, focusing on helping new investors find
“tenbaggers,” or stocks that are likely to appreciate tenfold into a top performer. This pick has been
selected by the Investopedia Financial Review Board for young investors.

Best for the Psychology Behind Investing: Thinking, Fast and Slow

Why do we make decisions based on a gut feeling rather than on facts and statistics? Daniel
Kahneman, psychologist, economist, and winner of the 2002 Nobel Memorial Prize in Economic
Sciences1
, dives into the methodology we often use to make major decisions, from choosing who to
marry to investing our money. This New York Times bestseller2
hones in on how many of us make choices based on instinct and intuition and how this can impact
your life, including your financial future.
“Thinking, Fast and Slow” will also reveal how to make smart investing decisions by removing
emotion from the equation. Young investors will learn more about the psychology behind how
leading investors choose stocks that are likely to outperform others. All in all, Kahneman
demonstrates how to make “better” decisions based entirely on logic, even if these decisions feel
uncomfortable.

Best for Investing in Stocks: The Modern Guide to Stock Market Investing for Teens

“The Modern Guide to Stock Market Investing for Teens” covers key tips and strategies for those
interested in investing in the stock market. Published in 2020, this quick read was written by a
teenager in California, Alan John, who wanted to help young people see the importance in beginning
their investing journeys early.
The author urges teens and college students to start investing with any amount of money they can
spare, explaining how this invested dollar can grow over time, thanks to compound interest and
market growth. Young investors hesitant about investing will find simple strategies for starting a
portfolio, while also gaining personal finance and retirement investment knowledge. Overall, this
book tackles often complex and out-of-reach topics in an approachable way.

Best for Passive Real Estate Investing: Investing in REITs

Passive real estate investing is often overlooked by young investors who might equate investing in
real estate with becoming a landlord or property manager. The fourth edition of “Investing in REITs”
breaks down how young and new investors can begin diversifying their portfolios and earn some of
the best returns on the market through REITs.
Written by the late Ralph L. Block, an expert advisor on REITs for 40 years, this book offers a
comprehensive exploration on REITs, the history of this investment type, and how to begin
incorporating them in your portfolio. Block received the 2004 Industry Achievement Award from the
National Association of Real Estate Investment Trusts (NAREIT).

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