Any good personal finance / investing book recommendations?

2021-11-01T12:05:11-04:00

Always looking to read up on personal finance / investing. Do you have any recommendations?

Response by CWO4 Terrence Clark made Nov 1 at 2021 2:22 PM

2021-11-01T14:22:01-04:00

We're huge fans of Dave Ramsey. Radio show and books.

Response by CW2 Private RallyPoint Member made Nov 1 at 2021 3:08 PM

2021-11-01T15:08:32-04:00

Not a book, but checkout Rob Berger on Youtube, he has a financial blog website as well.

Response by MAJ Ken Landgren made Nov 1 at 2021 4:53 PM

2021-11-01T16:53:54-04:00

One Up On Wall Street by Peter Lynch. He ran a Fidelity mutual fund and he was a true investment guru as his fund consistently beat other mutual funds by a large margin.

When he made an investment, other investors took notice and invested in the stock as well. This drove up prices of his stock investments.

This book is not about analytical perspectives on investing in stocks. It is more common sense. For example he wrote about a fireman in Florida who noticed the Tampax factory kept getting larger every year so he surmised the corporation was making more money each year. He invested in the stock and became a millionaire

Response by LTC John W. Garnsey made Nov 10 at 2021 11:19 AM

2021-11-10T11:19:13-05:00

We all know financial education is non existant in our veteran community. Used to be we would get at least an OPD/NCOPD on financial topics once a year. But those days are long gone. After you leave the service, it's on you to become educated on personal finance/investing. It was lightly touched on in TAPS, not sure if this is true anymore. This is just a follow up to my original post. I have read the following and found them to be really useful in my financial education. The Index Card: Why personal finance doesn't have to be complicated - Helene Olene and Harold Pollack. This a easy, quick read on personal investing. Can pick it up, read it over a weekend and take action the following week. Automatic Millionaire by David Bach. A longer read, but goes a little deeper into the subject.
Currently reading The Only Investing Guide you'll ever need by Andrew Tobias.

Response by Richard Dawson made Mar 21 at 2024 10:40 AM

2024-03-21T10:40:01-04:00

A fantastic read is "The Intelligent Investor" by Benjamin Graham. This timeless classic provides valuable insights into the principles of value investing and how to approach the stock market with a long-term perspective.

Response by Aryanna Fernandez made Mar 21 at 2024 1:39 PM

2024-03-21T13:39:30-04:00

It's awesome that you're interested in expanding your knowledge of personal finance and investing. There are so many great books out there to explore! One recommendation I have is ""The Total Money Makeover"" by Dave Ramsey. It's a practical guide that offers step-by-step advice on getting out of debt, building an emergency fund, and creating a solid financial plan for the future.
If you're interested in saving money ( https://www.savingadvice.com ) and optimizing your financial decisions, these books can be incredibly helpful resources. Happy reading, and here's to your continued financial success!

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2024-04-15T08:45:47-04:00

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