The Best Books on Personal Finance and Global Investing
Are you looking to further enhance your skills as an investor, and to learn more about diversification and international investing? One should never stop learning, and there is always some new insights to attain in such a complex world as the financial markets. Therefore, we have explored and listed some of the greatest reads currently available on how you can take the next steps in your personal finance life.
Principles: Life and Work, by Ray Dalio, is currently one of the most wished for books in personal finance. In this book, Ray Dalio shares what he has learned during his remarkable career. He started his investment firms (Bridgewater Associates) from his small apartment in NY and which is now, about forty years later, one of the world’s most successful investment firms, and Ray Dalio has been named one of Times Magazine’s 100 most influential people in the world. Ray shares his wisdom on tackling challenges, creating winning teams and, most importantly, how to make decisions. The teachings in Principles, can be applied to both your investing and your personal life, for taking great leaps in your personal development.
Bridgewater Associates currently manages about $150bn in global assets for its wealthy clients, and has been forced to shut the remarkable Pure Alpha fund from new investors due to the extraordinary size the fund has grown to.
Money Master the Game: 7 Simple Steps to Financial Freedom by life coach, philanthropist and entrepreneur Tony Robbins, is an easy to digest guide with relevant and concrete actions to take to enhance your financial life. Robbins has sat down with and interviewed 50 of the world’s most successful investors, such as Bill Gates, Warren Buffett, Ray Dalio, Jack Bogle and Steve Forbes.
Regardless of your income level, you will find great outtakes on how you can take your next steps towards financial freedom, and it is surprisingly straight forward. Robbins reveals complex financial concepts in a way that every private investor can understand, and even if the book is mainly written for the American market, Europeans will find it more than useful, as the sections of criticizing 401(k) plans illustrates every investor’s arch enemy – expensive management fees and investment costs.
If you ever wonder where to begin when finding fundamental information and push you over the step to start saving – this is the first book to attain.
The Richest Man in Babylon is a timeless classic and is sold it more than 2 million copies. In this book, George S. Clason elegantly portrays the simple strategies of creating wealth, through metaphorical tales from ancient Babylon – one of history’s richest cities. This inspirational book is hailed as the greatest of books on finances, and includes topics on financial planning, the creating of personal wealth and how to not part with your money.
This is the business book that holds the secrets to keeping your money–and making more. May they prove for you, as they have proven for millions of others, a sure key to gratifying financial progress.