Bestsellers for Beginning Investors

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Whenever you’re going to learn a new skill it is always wise to learn as much as you can about it, and learning to invest is certainly no exception.  One of the best ways to educate yourself on every aspect of investing is to read some of the best resource books that have been written by experienced, qualified professionals.  Here is a quick review of four of the must reads for anyone new to investing, with a particular focus on investing with small amounts of money.

1. Learn to Invest $50-$5,000: The Small Investor’s Step by Step Plan

This book, written by financial advisor Nancy Dunnan is a great read for beginning investors.  Now in it’s ninth edition, it is completely updated to reflect the current investment climate.  The simple, concise step by step format is easy for the novice investor to follow and every aspect of investing, from the simplest of actions such as choosing a bank is completely covered.  The book even provides a list of the top 25 online financial web sites that can provide even further resources to the reader.  Knowing that this book has been advising investors for over twenty years ensures that you will get plenty of value for your dollar.

2. Investing 101

Written by Los Angeles Times money columnist Kathy Kristof, this book is targeted specifically to the novice investor.  Her especially friendly tone and conversational style make it an easy read for the beginning investor.

3. The First Time Investor: How to Start Safe, Invest Smart and Sleep Well

Many first time investors struggle with the risk involved with letting go of their hard earned money.  This book puts those fears to rest and allows the novice investor to feel comfortable with investing.  In this guide, authors Dale Rogers and Larry Chambers explain in easy to understand terms, what you need to know and why you need to know it in order to be successful in the investment world.  The inclusion of real life examples bring home the importance of getting started early and sticking to your investment plan, in order to successfully reach your financial goals.

4. Investing for Dummies

If you’re a fan of this series of books in other subject areas, you’re going to love this one too.  Written in typical “dummy” fashion, author Eric Tyson delivers all the information one needs to start their investment journey.  He covers not only the markets, but all types of investment including real estate and even collectibles, thus providing a great starting point for anyone looking to create a plan for their financial future.  With an eye to helping those who want to start small and grow their investments over time, this book proves itself to be a perfect resource.

There are, of course, hundreds of books on the market that are worth while reading for those who want to learn about investing.  The books mentioned here are especially suited to beginners.  Once your level of expertise has improved, be sure to look for books that delve even deeper into investment strategies.

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