Over the last year, I've graduated from reading about finance online to real books. At a cousin's recommendation, I'm working through Ben Graham's The Intelligent Investor. It's superb. Graham's practical evaluation of investing is tremendous, and his handling of the underlying issues of risk and decision-making are masterful. For those who want to dig a little deeper into historical background and concepts of risk, I highly, highly recommend Peter Bernstein's Against the Gods: The Remarkable Story of Risk. It's on my re-reading list, and it may deserve its own dedicated post once I get back to it.
Graham's tome is really a long-term reading project. I can usually take about 1-2 chapters at a time, but I find it needs some time to soak in.
For reading on the lighter side, I borrowed a copy of Jeff Yeager's The Cheapskate Next Door. It's great. Yeager's humorous take on the stranger habits of cheapskates (or frugal folk, as I may choose to call them) balances a very pragmatic summary of frugal tips and tricks.
<a href="http://www.amazon.com/gp/product/0767931327/ref=as_li_ss_il?ie=UTF8&camp=1789&creative=390957&creativeASIN=0767931327&linkCode=as2&tag=draslorrev-20"><img border="0" src="http://ws-na.amazon-adsystem.com/widgets/q?_encoding=UTF8&ASIN=0767931327&Format=_SL110_&ID=AsinImage&MarketPlace=US&ServiceVersion=20070822&WS=1&tag=draslorrev-20" ></a><img src="http://ir-na.amazon-adsystem.com/e/ir?t=draslorrev-20&l=as2&o=1&a=0767931327" width="1" height="1" border="0" alt="" style="border:none !important; margin:0px !important;" />
Might I suggest: Unconventional Success: A Fundamental Approach to Personal Investment.
ReplyDeleteThat looks like a Boglehead book! Thanks. :)
ReplyDelete