What are the financial experts reading? Read on for the top* 10 best selling books on finance.
Following the advice of the experts can help you make more informed decisions regarding your finances, helping you keep more of what you earn and build on it.
1) Top* Stocks 2011 – Roth Martin
Now more than ever it is critical to know which stocks to choose. Discover the most reliable companies with the Top* Stocks guide, currently in its 17th year. Companies listed in Top* Stocks are considered low risk and offer long term value. Martin’s tried and true selection method for determining the best publicly held companies and his way of providing this info in a straightforward way makes it possible for anyone, regardless of their trading experience, to build a successful stock portfolio.
2) Ascent of Money – Niall Ferguson
In the midst of the biggest financial crisis since the Depression, it is essential to understand the descent and ascent of money. Ferguson details how financial history is the back end story to all of history. A fascinating read, The Ascent of Money covers this history from the funding of the Italian Renaissance to the market bubble that led to the French Revolution; this book tells the story unlike any other.
3) The Snowball: Warren Buffett and the Business of Life – Alice Schroeder
The Snowball is a biography of one of the world’s most respected people, Warren Buffett, sometimes referred to as “the Oracle of Omaha.” Buffett’s story is one of the most incredible financial success stories of our time. A legendary investor in Omaha, Buffett never wrote his own memoir, but instead gave Schroeder access to unprecedented resources, including access to him, in order to produce this extraordinary biography.
4) Stock Market Secrets – Marcus Padley
This is a book suited for the current financial climate. In an economy that is suffering from global market breakdowns and many of the world’s leading areas going into depression unlike any we’ve ever seen, this book gives a straight forward approach to wealth, money, and investing.
For years, Padley’s writing has focused on the stock market from a private investor perspective. This book reveals proven strategies and secrets to arm the reader with all they need to know to trade for the short term while investing for the long term. The intent is to tell you why the market behaves as it does so you can make the right decisions for your portfolio.
5) Rich Dad Poor Dad – Robert Kiyosaki
Kiyosaki writes about how a secure job and a college education are no guarantee for financial success. He provides six guidelines on how to make money work for you. The book is geared toward people dependent on their pay cheque to cover expenses who need to learn to think more like the wealthy. Kiyosaki tells how the wealthy don’t accumulate cash, they accumulate assets instead that generate cash flow. A great read for anyone in quest of their financial freedom.
6) The Big Short – Michael Lewis
A book by Lewis that takes the reader back to the source of the financial crisis. His bestseller, Liar’s Poker, told of the greed of the 1980 Wall Street and was intended to be cautionary in focus. Readers interpreted it as more of a how-to guide, and The Big Short sets the record straight. He writes about how everyone was so taken in for so long, tracing it back to where it all started. If you want to know who is to blame and if it all could have been avoided, this book by Lewis offers the answers.
7) Too Big To Fail – Andrew Ross Sorkin
From the New York Times journalist Andrew Ross Sorkin comes a detailed account of how the biggest financial crisis since the Great Depression transformed into a global economic breakdown. His story is an account that focuses on the people in politics and finance and their struggles with ego, greed, failure and success and how it led to the current state of the economy.
8 ) Intelligent Investor – Benjamin Graham
This book is focused on Graham’s “value investing” philosophy which protects investors from major error and shows them how to develop long term rather than short term strategies. Originally published in 1949, this publication has become known as the stock market bible.
9) Barefoot Investor 2 – Scott Pape
A book focused on showing its readers how to become wealthy while following their own unique pathway in life. Pape offers wise strategies to help readers achieve financial goals and learn about money and how to use it to bring the most pleasure possible.
10) From 0 to 130 Properties in 3.5 Years – Steve McKnight
McKnight’s book is one of Australia’s hottest-selling real estate books with over 160,000 copies sold. Investors have used McKnight’s information to learn how to achieve financial wealth. McKnight reveals to readers how to achieve financial freedom by using cashflow-positive properties. The book has been revised to include updated strategies and includes 16 new chapters, including information on where to buy, how to protect your money, tax saving strategies, and how to create a healthy cashflow-positive profile.