12 Awesome Books On Business, Investing, & Life
We are in such a technological era that people prefer to socialize through their devices then to read a book. Nearly every problem that someone has had has already been written about. Publishing companies are no longer the only source for writers to get their creativity out to the world, so there is an abundance of quality reading material available. Other than firsthand experience, the information in a book trumps any other source.
Everybody likes to read, be honest, as long as it’s an interesting topic to them. And everybody likes to learn. Going to school isn’t the only place for learning. We learn from our life experiences, the jobs we have, our peers, and for many years – a book. I’ve put together a list of twelve (12) great books I recommend to anyone on business, investing, and life. I call this The Wealth Junkie Great Reads Collection. This list and links to buy a copy of each book can be found on the Great Reads page on the site.
Think and Grow Rich
By: Napoleon Hill
First Published – 1937
Think and Grow Rich is the most widely acclaimed, influential books on success ever published. For a quarter-century, Napoleon Hill interviewed hundreds of successful men and women under the guidance of the richest man of his time, Andrew Carnegie. In this timeless classic, he reveals the secrets to their great achievements. A powerful, proven formula that can empower you to achieve your own most cherished goals, too. Changing the way, we think about winning every goal will steer the outcome of our success.
By: Paulo Coelho
First Published – 1988
Not a finance book, but a powerful inspirational story about going after your dreams. A story of a boy who desires to travel in search of a worldly treasure. His quest will lead him to riches far different and far more satisfying, than he ever imagined. His journey teaches us about the essential wisdom of listening to our hearts, of recognizing opportunity and learning to read the omens scattered along life’s path, and, most importantly, to follow our dreams.
One Up on Wall Street
By: Peter Lynch
First Published – 1989
Former Fidelity fund manager, Lynch is considered America’s most successful money manager. In this book, he explains how the average investor can beat the pros using what they already know. From the supermarket to the workplace, we encounter products and services. By paying attention to the best ones, we can find companies to invest in before the pros discover them. You’ll learn how to find the home runs by reviewing a company’s financial statements.
Stocks for The Long Run
By: Jeremy J. Siegel
First Published – 1994
Stocks for the Long Run provides the most complete and irrefutable case for investing in the stock market. Siegel unveils strong analysis, evidence, and research that supports why stocks over the long run outperform any other investment. This book provides the most complete summary available of historical trends that will help you develop a sound and profitable long-term portfolio.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
By: Thomas J. Stanley & William D. Danko
First Published – 1996
The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. The authors conducted a comprehensive study, which lead to discovering that most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue, they live next door. This book embodies the path every middle class American can take to building future wealth.
Get a Financial Life: Personal Finance in Your Twenties and Thirties
By: Beth Kobliner
First Published – 1996
If you’ve been meaning to get your finances in shape, but have no idea where to start, this is your playbook. No matter what’s happening in the economy, all the guidance you need is right here. This book is excellent for all millennials, whether you are fresh out of college, entering the workforce or in the middle of your career. You will learn how to: pay off debt, start saving, tax rules, smart investing, build a down payment for your first home and much more.
The Essays of Warren Buffett: Lessons for Corporate America
By: Warren E. Buffett & Lawrence A. Cunningham
First Published – 1997
This collection of writings by the “Greatest Investor of All Time”, thematically lays out the principles and logic of Buffet’s philosophies on business, investing, and life. The core concept addressed throughout the book is the difference between price and value. Taking an objective point of view, the thoughts of a man who built one of the largest conglomerates from scratch may drive home so useful knowledge. A must read for those looking to understand the insight from Buffett in his own words.
Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
By: Robert T. Kiyosaki
First Published – 1997
Rich Dad Poor Dad tells the story of Robert Kiyosaki and his two dads. He tells the story about his real father and the father of his best friend, his rich dad and the ways in which both men shaped his thoughts about money and investing. The book shatters the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you. This is one of the most recommended books for personal finance.
Common Sense on Mutual Funds
By: John Bogle
First Published – 1999
Written in a straightforward style, this reliable resource examines the fundamentals of mutual fund investing in today’s turbulent market environment and offers timeless advice in building an investment portfolio. Bogle explains how a low-cost; broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term. Great crash course for investing in mutual funds of any size or complexity.
The Total Money Makeover: A Proven Plan for Financial Fitness
By: Dave Ramsey
First Published – 2003
The Total Money Makeover is the simplest, most straightforward game plan for completely making over your money habits. With this guide, you’ll be able to: design a plan for paying off all debt, recognize the 10 most dangerous money myths, and secure a healthy nest egg for emergencies and retirement. Dave Ramsey is one of the most recognized personal finance coaches around.
The Compound Effect
By: Darren Hardy
First Published – 2010
The Compound Effect is based on the principle that decisions shape your destiny. Little, everyday decisions will either take you to the life you desire or to disaster by default. This easy-to-use, step-by-step guide allows you to multiply your success, chart your progress, and achieve any desire. If you’re serious about living an amazing life, use strong and productive daily habits to build the success you want.
The ONE Thing
By: Gary Keller
First Published – 2013
The ONE Thing has made the #1 spot on the Wall Street Journal, New York Times, and USA Today best-selling list. People are using this simple, powerful concept to focus on what matters most in their personal and work lives. By focusing their energy on one thing at a time people are living more rewarding lives: by building their careers, strengthening their finances, deepening their faith, and fostering stronger marriages and personal relationships.