What are some good books to help me get started in investing?

[ChaoZ]

So far I have picked up A Random Walk down Wall Street and The Neatest Little Guide to Stock Market Investing. What are some others?

Major plus if it's available used at gohastings as they're having a sale right now.

 

[Imp]

Don't need books...

Recession is here/on the way, markets are in process of crashing. If you think there won't be a new world order in a year or two, throw it all into stable companies like oil when you think we've hit rock bottom (use 2008 crash for guidance), and you're set for life...

 

[nick1985]

 

[spacelord]

Stikky Stock Charts, to learn how to read the charts.

 

[GotIssues]

The Intelligent Investory by Benjamin Graham
One Up Wall Street by Peter Lynch

Widely considered a couple of the "must reads" of investment books.

 

[wand3r3r]

Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
An excellent book on crowd mentalities and the schemes (scams) by previous generations. You can get it free in ebook formats and from ibooks too. It has interesting takes on stock and other bubbles. (dating back centuries e.g. tulip mania in Europe etc.)

 

[dullard]

Probably the best beginners book is the four pillars of investing. It discusses various common investment strategies and how they fared over the last 100 years. Lots of good data and graphs in the book. Also gives good suggestions on exactly the type of things to buy in different scenarios and how much of them gives a good balance.

 

[JJChicken]

The Intelligent Investory by Benjamin Graham

This.

Also advise you learn some basic finance and accounting. Maybe get some first year college textbooks in these fields.

 

[sunzt]

best idea is to find a CONSISTENTLY SUCCESSFUL investor who invests in your style and to get advice from him/her

 

[Miramonti]

To best understand investing, you have to understand trading, imho.

 

[Miramonti]

Don't need books...

Recession is here/on the way, markets are in process of crashing. If you think there won't be a new world order in a year or two, throw it all into stable companies like oil when you think we've hit rock bottom (use 2008 crash for guidance), and you're set for life...

"Shorting" is an investment...

 

[Macamus Prime]

All you need is:
- dart board
- darts
- tape
- newspaper
- scissor
- blind fold

Cut out some stock names from the paper, tape them to the dart board, place blind fold around eyes, commence throwing darts.

Whichever stocks these darts hit, invest.

Now, if you take the blind fold off, and announce to the world which stock you are aiming for and hope will do well - you are a Financial Advisor.