5 Best Investment Books Recommended For Seniors
Seniors who are looking to learning the basics of investing can get information from various sources. One of the most trusted sources of information about investing are great investment books written by experienced and professional investors. If books are you cup of tea, then you can check out the following. They are meant for beginners who are seeking the basic investment knowledge. Plan for 2020 with a 2020 Medicare Supplement Plans quoted via www.medicaresupplementplans2020.com/ and be prepared for the coming year.
- Stock for the Long Run
This book, by Jeremy Siegel, a professor at the Wharton School at the University of Pennsylvania, focuses mainly on stocks’ long-term growth, considering them the best long-term bet as compared to bonds. The book has been severally updated to take into account all the recent economic factors and how they are likely to affect this hypothesis. In case you are considering investing in stocks for a long time, then this book can help you a great deal.
- The Intelligent Investor, written by Benjamin Graham
First published in 1949 and last updated in 1973, this book revolves around what Benjamin Graham referred to as the core principals of investing. Benjamin believed that an intelligent investor is actually a realist who buys from a pessimist and sells to an optimist. This book remains one of the most useful guides for beginners.
- The Essays of Warren Buffett: Lessons for Corporate America
Written by Warren Buffett & Lawrence A. Cunningham, this book highlights and explains great ideas on portfolio diversification. Buffett is one of the greatest investors alive and he borrows a lot from Benjamin Graham. This book is great for beginners and senior citizens because it is written in simple English and the ideas are easy to understand.
- Common Sense on Mutual Funds, written by John Bogle
Published originally in 1999, the book is written by John “Jack” Bogle, who is one of the greatest pioneers in field world of mutual funds. He is also the founder The Vanguard Group, which is a leading mutual funds investment company. This book provides investors with a detailed look at index funds and mutual funds. If you want have a basic understanding on where to start with index funds and mutual funds, then you should grab this book.
- One Up on Wall Street, written by Peter Lynch
If you had a career that is not related to finance and investing, then you probably doesn’t know a lot of investing and finance terms. This book was actually written for laypersons like you. According to this book, by simply being aware of the companies and industries that can affect you, and by understanding your everyday life, you can actually succeed in investing. The book focuses on research and awareness, and explains how they can help you become a great investor without relying on any expert.