14 Best Investing Books for 2024
To become a successful investor and start building your wealth in a real way, you have to begin somewhere. Your personal finances aside, how much do you know about investing outside of what you’ve gathered from the Wall Street Journal or perusing the essays of Warren Buffett? To familiarize yourself with market nuances, products and services, you will want to read the works of experts both in the business and in the know.
14 Best Books On Investing: What You Should Read in 2024
Whether you are just beginning your investment journey or looking to expand your real estate investment portfolio, when it comes to investment principles, there is a book out there that can help you. Here’s a look at the 14 best investing books to read to grow your dollar into a fortune.
“The Intelligent Investor Revised Edition: The Definitive Book on Value Investing” by Benjamin Graham
“The Only Investment Guide You’ll Ever Need: Revised Edition” by Andrew Tobias
“The Bond King: How One Man Made a Market, Built an Empire, and Lost it All” by Mary Childs
“The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness” by Morgan Housel
“Smart Women Finish Rich: Expanded and Updated” by David Bach
“Get Good With Money: Ten Simple Steps to Becoming Financially Whole” by Tiffany Aliche
“Principles: Life and Work” by Ray Dalio
“The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns” by John C. Bogle
“The Money Manual: A Practical Money Guide to Help You Succeed on Your Financial Journey” by Tonya B. Rapley
“A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money Today” by Matthew R. Krattler
“Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” by Robert T. Kiyosaki
“How To Money: Your Ultimate Visual Guide to the Basics of Finance” by Jean Chatzky and Kathryn Tuggle
“Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money” by Erin Lowry
“The Total Money Makeover: A Proven Plan for Financial Fitness” by Dave Ramsey
1. ‘The Intelligent Investor Revised Edition: The Definitive Book on Value Investing’
Written by: Benjamin Graham
Best investing book for: Value investing overall
What should every investor read? Largely considered the stock market Bible since its original publication in 1949, “The Intelligent Investor Revised Edition: The Definitive Book on Value Investing” is a can’t-miss classic.
Though it was written by Graham, it has also been updated by financial journalist Jason Zweig, to further expand on how to avoid substantial investing errors and create long-term strategies. The updated version includes insights on today’s stock market and offers tips to apply Graham’s principles in today’s world.
2. ‘The Only Investment Guide You’ll Ever Need: Revised Edition’
Written by: Andrew Tobias
Best investing book for: Building your entire financial foundation
Updated to include cryptocurrency and NFTs, Robinhood, GameStop, COVID-19 aftereffects and the impact of climate change on investing, this book covers all the bases. Tobias is a wildly popular investing author who has sold more than one million copies.
Learn tips to boost your savings and investments, prepare for retirement and more. No matter how much money you’re working with, this book will help you maximize it.
3. ‘The Bond King: How One Man Made a Market, Built an Empire, and Lost It All’
Written by: Mary Childs
Best investing book for: Understanding investing broadly
Prepare to get inspired by the story of “Bond King” Bill Gross. Author Mary Childs is a co-host of NPR’s “Planet Money” podcast.
Find out how Pimco founder Gross transformed the bond market and helped restructure the financial system after the Great Recession — and benefitted from it. While great ambition likely led to his demise, Childs believes understanding the bond market — and the Bond King — is the secret to grasping the bond market.
4. ‘The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness’
Written by: Morgan Housel
Best investing book for: Thinking about where you put your money
One of the best books on investing, Housel’s work focuses on behaviors surrounding money in “‘The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness.” While lessons are typically based on math, he argues that people make meaningful financial decisions during their everyday lives — not while looking at a spreadsheet.
Therefore, he shares 19 short stories explaining how people think about money in this book. Chances are, you’ll be able to relate to several, which will help you make better sense of your finances.
5. ‘Smart Women Finish Rich: Expanded and Updated’
Written by: David Bach
Best investing book for: Women looking to invest
Bach is a New York Times bestselling author, and “Smart Women Finish Rich” has sold more than one million copies over two decades. The latest edition has been updated to address financial concerns and opportunities for modern women.
This book offers tremendous value to both women getting their investments started independently and those working with a financial advisor. A guide to achieving the financial life you want, this book will help you gain the confidence and knowledge needed to take charge of your financial health.
6. ‘Get Good With Money: Ten Simple Steps to Becoming Financially Whole’
Written by: Tiffany Aliche
Best investing book for: Getting your finances on track
Brought to you by Aliche, a.k.a. “The Budgetnista,” this book helps you get your finances on track with a 10-step plan to find peace, safety and harmony with your money. No matter what the size of your goals or the state of the stock market, this book is designed to help.
Based on the concept of financial wholeness, learn the short-term actions needed to achieve long-term goals. For example, you’ll find out how to determine your baseline or “noodle budget,” understand whether you have a “don’t make enough” problem or a “spend too much” issue and best practices to save for a rainy day.
7. ‘Principles: Life and Work’
Written by: Ray Dalio
Best investing book for: Learning about the stock market
One of the greatest in-depth stock market books you’ll find is Dalio’s “Principles: Life and Work”. In this book, the famed investor and founder of Bridgewater Associates shares the non-traditional principles he’s created, refined and put into action over his 40-plus years in the field.
Considering Bridgewater has made more money for its clients than any other hedge fund in history, feel confident that his advice is solid. This is your chance to score advice from “the Steve Jobs of investing” that can change your life.
8. ‘The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns’
Written by: John C. Bogle
Best investing book for: Beginners
In Bogle’s book, the iconic mutual fund manager shares the easiest and most effective strategy to build long-term wealth — find a very low-cost mutual fund that tracks a broad stock market index to buy and hold, at a very low cost. Originally published in 2007, this version is updated with two new chapters.
9. ‘The Money Manual: A Practical Money Guide to Help You Succeed on Your Financial Journey’
Written by: Tonya B. Rapley
Best investing book for: improving your financial situation quickly
Rapley’s book is filled to the brim with information to help you take action to improve your financial situation in the next six months. It also offers easy and effective tips to help you manage your money without feeling overwhelmed.
10. ‘A Beginner’s Guide to the Stock Market: Everything You Need to Start Making Money Today’
Written by: Matthew R. Krattler
Best investing book for: Investing tips
Krattler not only gives you tips for investing in this book, but it is also one of the best stock market books available. This guide is designed to take you from beginner to expert. Chock-full of trading and investing strategies that truly work, this book can help you pave your way to a fortune.
11. ‘Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!’
Written by: Robert T. Kiyosaki
Best investing book for: Family discussions about finance
The most recent 20th-anniversary edition of this book gives more insight into today’s economic state. At its core, though, “Rich Dad Poor Dad” covers how to break the mindset that you need a high income to be rich. Essentially, it gives lessons on knowing the difference between working for money and having your money work for you. The principles here have stood the test of time. Why? Simply because changing the way you think about money can help shift how you grow your wealth.
12. ‘How To Money: Your Ultimate Visual Guide to the Basics of Finance’
Written by: Jean Chatzky and Kathryn Tuggle
Best investing book for: Visual learners
In “How To Money: Your Ultimate Visual Guide to the Basics of Finance,” Chatzky and Tuggle’s advice is combined with Nina Cosford’ illustrations to bring you an in-depth and fully illustrated take on managing your money. Not only is this book visually stimulating, but it also features interviews with financial experts who cover such topics as the following:
How to create a budget and stick to it
How to get your first job and what to do with that paycheck
How to avoid student debt and pay off your college loans quickly
How to use your first credit card and improve your credit score
How to invest like a pro
13. ‘Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money’
Written by: Erin Lowry
Best investing book for: Investment advice for people in their 30s or 40s
As the title suggests, this book serves as a guide for people who think they don’t have enough money or don’t know how to invest. Getting started can be daunting so it’s good to have a resource such as this to help you take the first steps, especially when it’s catered to your age range. “Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money” has the answers if you’ve been asking yourself any of the following:
Should I invest while paying down student loans?
How do I invest if I’m in debt?
How do I start investing if I’m not rich?
How do I invest in a socially responsible way?
Are robo-advisors any good and can I trust their advice?
Where can I look online for investment advice?
14. ‘The Total Money Makeover: A Proven Plan for Financial Fitness’
Written by: Dave Ramsey
Best investing book for: Building a better financial plan
A big name in the financial game, Ramsey delivers another one-two punch for improving your financial situation and growing your money. Reading this comprehensive guide can help you get out of debt and improve your financial health. It includes worksheets, forms, informative charts and graphs.
The metaphor is thick but the advice does help you give your wallet a better workout. If you’ve been wanting to set some goals and actually achieve them, this may be the book for you.
Final Take To GO
There is no need to go into investing blindly when you have the knowledge and teachings of teams of experts stacked in your local library or available through the click of a button on Amazon. One of the best ways to invest wisely is to do so as the pros would advise — and how they do so themselves.
Jennifer Taylor contributed to the reporting for this article.
This article originally appeared on GOBankingRates.com: 14 Best Investing Books for 2024
