When you think about the stock market, the only things that strike your mind are numbers and money. Every day millions of transactions take place in the stock market. To be regarded as a successful stock market investor, it does not mean that you win with every investment you make, it means that you understand the trade and make substantially more profits than you incur losses.
Stock Market investing can be rather tricky and as any intelligent investor would suggest, you need to start investing small and read extensively. Now, there are heaps of stock market books for beginners available, but, the question is which ones are truly helpful?
The author Peter Lynch has written some of the most amazing books like “Beating the street”, which is a great investing book for beginners. This book, one up on wall street is equally informative and tells about the dynamics of the share market in order to draw a sense of judgment amongst beginners to make smarter investments. He advocates making a long-term investment and knows what beats the market empowering you to predict what the next big thing would be. Once you are capable to make such predictions, you can be a smart share market investor.
Benjamin Graham, also well-known as the college professor of the business tycoon Warren Buffett who is the CEO of Berkshire Hathaway has written this gem of a book. It is no less of a bible for stock market investors. For anyone looking for share market books for beginners, it doesn’t get any better than this masterpiece. You must absolutely begin with reading this book. It’s fundamental lies in “value investing” and long term investment strategy which is more about evaluating the company so that you maintain a stable portfolio as opposed to making random investments.
John C. Bogle came up with this book in 2017 which is fairly recent. But, this book speaks quite relatably with first-time investors. It talks about personal finances, making low-cost index funds investments, etc. He has a very straightforward manner of explaining things that supports the title and appeals to the audience. He is an ace player himself in the stock market and his methods although defy teachings of the academia are worth abiding by.
Burton G. Malkiel is a Princeton economist who is celebrated among students and his book is the best guide as stock market books for beginners. He has a lucid way of narrating both the theoretical and practical aspects of the stock exchange. He makes the complex understandable and does not burry the reader under terms that would make the topic dense.
Author O’Neil simplifies the methods of investing in 7 steps that is a strategic approach to building wealth making use of common stocks. It is regarded as one of the preferred stock market books for beginners because it also explains in-depth about mutual funds and ETFs. Some questions that any newbie would encounter like the perfect timing to invest or withdraw money from an investment are laid out in the pages of this book.
This book by Louis Engel is considered a timeless classic and it is a go-to book for someone who is just starting out in the field of stock markets. It generally grabs attention due to its descriptive knowledge about various financial markets and the functioning of capitalist systems.
It might take you by surprise that this book by Robert Kiyosaki has made its way in the list of stock market books for beginners. Well, it might not be giving you advice about how to buy/sell shares or understand the finance technically, but, it speaks about financial literacy. It lays emphasis on the societal structure where money drives decisions, roles, and everything else associated. For anyone who is entering the share market, there needs to be certain principles that you lay down for yourself that will direct you towards your goal.
In the current scenario, many youngsters are driven to work in the share market. They think that it is quick money and anybody can win big with shares. Well, that certainly is not the case. It requires a rigorous understanding of how various companies work and what affects the lowering and hiring of the stocks. It is no game. One either needs to get proper raining or needs to start by making small investments and taking baby steps in the field until you realize how everything works.
Let us know in the comments which book worked for your success in the stock market!