According to a recent Gallup poll, only 55% of Americans invest in the stock market. But investing your money wisely is one of the most effective ways to increase your wealth and reach your long-term financial goals. Not sure where to start, where to invest your money, or which stocks to pick when it comes to the stock market?
Ahead of the best stock books available today.
Table of Contents
- Top 10 Best Stock Market Books
- The Intelligent Investor
- A Beginner’s Guide To The Stock Master
- How to Make Money in Stocks
- A Random Walk Down Wall Street
- How to Day-Trade for a Living
- Stocks for the Long Run
- Common Stocks and Uncommon Profits
- The Little Book That Still Beats the Market
- The Little Book of Common Sense Investing
- The Bogleheads Guide to Investing
- Conclusion
Top 10 Best Stock Market Books
The Intelligent Investor
Benjamin Graham’s book was first published in 1949, but his long-standing approach to investing has stood the test of time.
Graham’s famous “value investing” philosophy is to minimize profits, limit losses, and control emotions when making investment decisions. The updated version includes comments and footnotes by his financial journalist Jason Zweig.
A Beginner’s Guide To The Stock Master
From avoiding common mistakes to discovering which investment strategies are actually effective and which are costing you, best-selling author and former hedge fund manager Matthew Clutter gives you a real insight into the stock market, and teaches aspiring investors how to make money This book helps readers develop investment opportunities by explaining simple concepts such as: From where to open a brokerage account and how to buy your first stock, to more advanced concepts like passive income generation and trading stocks with momentum.
How to Make Money in Stocks
Let’s be frank – everyone who has ever invested in the stock market wants to do one thing, to make money. But it’s not as easy as it sounds. That’s where William J. O’Neill’s best-selling book How to Make Money in Stocks comes in. From picking stocks that are going to make big returns to picking the best bonds, stocks, ETFs, and even the most common mistakes investors make, he provides a simple guide to making real money with your investments techniques are explained. O’Neil is the founder and chairman of Investor’s Business Daily, a financial, business and stock market newspaper.
A Random Walk Down Wall Street
This latest edition of the Wall Street classic helps investors understand key stock market concepts including Exchange Traded Funds (ETFs), emerging market investments, derivatives, and more. This book by Princeton economist Burton Malkiel popularized the “random walk hypothesis.”
The random walk hypothesis cannot consistently beat the market, so it makes more sense to build a balanced portfolio that matches the market’s performance. This idea also supports the efficient market hypothesis.
The basic concepts in this book include technical and fundamental analysis of whether actively managed mutual funds make sense and other proven investment theories.
How to Day-Trade for a Living
Learn about the stock market from the experts themselves with Market Wizards. In this book, one of the world’s top traders shares his secrets of success with the author, Jack D. Schwager. In interviews with dozens of “superstar moneymakers” in most financial markets, including Bruce Covner, Richard Dennis, and Paul Tudor Jones, Schwager explains what separates these traders from unsuccessful investors. In this interview-style book, you’ll hear directly from the experts, but the authors have compiled their answers into a set of principles that you can apply to your own trading career. Also, the book is full of anecdotes about a trader who turned $30,000 into his $80 million.
Stocks for the Long Run
Editor Max Olson adds to this compilation each year a letter from Warren Buffett to Berkshire Hathaway shareholders. Buffett’s letter tells the story of how, under Buffett’s leadership, a small failed textile company grew into one of the world’s largest conglomerates. Embedded within the book are tidbits of information about the business, investing, management, and more.
The lesson here is that he traced the company from his $18 per share in 1965 to his $297,600 per share at the time in 2017.
Common Stocks and Uncommon Profits
Philip Fisher, one of the most influential investors of all time, wrote this version of the investment in 1958. “Common Stocks and Uncommon Profits” is one of the author’s most valuable investment strategies, especially for potential investors to gather information about a company from multiple different sources before investing in that company.
This updated edition features an introduction by Fisher’s son, Ken Fisher, a successful investment professional.
The Little Book That Still Beats the Market
Robert Shiller is a very famous and respected economist who has put his name on his own index. The Case-Shiller Home Price Index is based on the work of Shiller and Karl Case. The Nobel Prize winner predicted a tech and real estate bubble. Readers turn to his text for a better understanding of how bubbles form.
Understanding bubbles and market cycles are important, and a well-crafted investment strategy can help you avoid the biggest pitfalls of boom-bust cycles. Schiller argues that psychological instability is a risk in all investment markets, including the stock market. This updated edition of Irrational Exuberance includes an overview of the stock, real estate, and bond markets to help you identify and prepare for the next bubble before it bursts.
The Little Book of Common Sense Investing
The Little Book of Common Sense Investing, by the legendary John C. Bogle, founder of the Vanguard Group, focuses on very specific investment strategies for an index fund specifically, low-cost index funds. He explains his strategies in detail, from investing in a low-cost index fund (preferably one that tracks an index like the S&P 500), to long-term holding, and reaping the rewards. Isn’t it good? But it is an investment strategy that has proven its worth. Bogle is also the author of “Common Sense on Mutual Funds” and Enough.
The Bogleheads Guide to Investing
Bogleheads, named for their loyalty to Vanguard founder John Bogle, is a passionate investor group that participates in the Bogleheads Forum on Investing, with more than 90,000 members. Bogleheads’ Guide to Investing serves as something of an extension of that by sharing forum advice and giving readers a fairly straightforward guide to investing and building wealth by Boglehead’s way. Author Mel Lindauer was a former Forbes columnist and was nicknamed “Prince of the Bogleheads” by Jack Bogle himself.
Conclusion
Benjamin Graham’s The Intelligent Investor takes the top spot with a no-frills approach to investment principles everyone should know about what value investing is and how it can help your portfolio succeed.
Cheers & keep earning!
