Behavioral finance is a fascinating subject, and well worth reading up on to help you minimize financial mistakes.
The Little Book of Behavioral Investing: How Not To Be Your Own Worst Enemy by James Montier (Wiley, $25).To succeed at investing, it helps to understand what makes various companies succeed - or fail. Great by Choice: Uncertainty, Chaos and Luck - Why Some Thrive Despite Them All by Jim Collins and Morten T.The book can help you find and evaluate promising undervalued stocks.
This is Warren Buffett’s style of investing, and it’s clearly effective. The Little Book of Value Investing by Christopher Browne (Wiley, $25).Having a plan for how you’ll manage your money and reach your goals is critical. The One-Page Financial Plan: A Simple Way To Be Smart About Your Money by Carl Richards (Portfolio, $25).This book offers eye-opening insights into how (and why) people make good and bad financial decisions. The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel (Harriman House, $19).This well-organized set of steps can get you in much better financial shape and improve your financial future.
Just a 6-Week Program That Works by Ramit Sethi (Workman, $16). I Will Teach You To Be Rich, Second Edition: No Guilt.Here are a few to check out at your local library or bookstore: If you want to manage your finances more effectively and be a better investor, there are many books that can help.
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