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Top 10 Books For Young Investors in 2021

Top picks for young age investors looking to grow their financial future.

In these tough times, It’s a great thought to begin investing as soon as you start earning a paycheck through your internship or doing some freelancing work. Investing helps you achieve your desired goals or dreams by helping you earn a little extra income passively.

At the point when you’re simply beginning, it is important to understand the basic concepts of investing and make decisions wisely. There are different options available for you to choose the smartest path to build your financial future and as your investment grows, your investment portfolio grows along with it.

It doesn’t make any difference assuming that you’re recently out of school or a youngster who’s acknowledged how profitable investing can be—these picks of the best books for young investors like you will assist you with succeeding.

1. THE INTELLIGENT INVESTOR

It is a widely acclaimed book by Benjamin Graham on value investing. Written by one of the greatest investment advisers of the twentieth century, the book aims at preventing potential investors from substantial errors and also teaches them strategies to achieve long-term investment goals.

Over the years, the investment market has been following the teachings and strategies of Graham for growth and development. In the book, Graham has explained various principles and strategies for investing safely and successfully without taking bigger risks. Modern-day investors still continue to use his proven and well-executed techniques for value investment.

The current edition highlights some of the important concepts that are useful for the latest financial orders and plans. Keeping Graham’s unique text in original form, the book focuses on major principles that can be applied in day-to-day life. All the concepts and principles are explained with the help of examples for better clarity and understanding of the financial world.

Combination of original plan of Graham and the current financial situation are the reason behind this book’s preference today’s investors. It is a detailed version with several wisdom quotes that are likely to change one’s investing career and lead to the path of financial safety and security.

About the Author:
A professional investor and economist, known all over the world, Benjamin Graham is believed to be the father of value investing. He first taught this new investment approach at Columbia Business School. A British-born, he is credited with having pioneered numerous cutting edge concepts that, many believe, pushed several of his followers in the world of investments, to the top.

2. The Psychology of Money

Timeless lessons on wealth, greed, and happiness doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae tell us exactly what to do. But in the real world, people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In the psychology of money, the author shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important matters.

3. Coffee Can Investing: The Low Risk Road to Stupendous Wealth

Most people invest in the usual assets: real estate, gold, mutual funds, fixed deposits, and stock markets. It’s always the same four or five instruments. All they end up making is a measly 8 to 12 percent per annum. Those who are exceptionally unfortunate get stuck in the middle of a crash and end up losing a lot of money.
What if there was another way? What if you could make not 10 not 15 but 20 percent compound annual growth rate (CAGR) on your investments? What if there was a way to grow your money four to five times whilst taking half the risk compared to the overall market?
Bestselling author of Gurus of Chaos and The Unusual Billionaires, Saurabh Mukherjea puts his money where his mouth is. Saurabh follows the Coffee Can approach to high-quality, low-risk investing. His firm, Ambit Capital, is one the largest wealth managers in India which invests with this approach and delivers stupendous returns. In Coffee Can Investing, Saurabh will show you how to go about low-risk investments that generate great returns.

4. Learn to Earn: A Beginner’s Guide to the Basics of Investing and Business

Learn to Earn – A Beginner’s Guide to The Basics of Investing and Business was written to fulfill two reasons, one was to make sure that the ‘rich get richer, poor get poorer’ principle doesn’t dwell in business for long. The second reason was to let the common people make a living out of associating with the brands they use every day.

Almost every second teenager wears a Nike product to a basketball game. Three out of five families stop at a McDonalds for lunch during a road trip. Nestle is much more than just a household name. and State Bank of India holds the largest number of savings bank accounts in the country. Yet, how many of these customers are investing in their relationships with these brands? More importantly, how many are aware that they can? This book is for those who are not making use of this.

Not only do the authors, Lynch and Rothchild, explain that you don’t have to know it all to make it big in business but they also go a step ahead and tell you how to earn out of every sip of Coca Cola you swallow. Learn to Earn – A Beginner’s Guide to The Basics of Investing and Business is not just a guide to the basics of investing and business but it is also a guide to setting your own milestones. The book also tells you the best ways of achieving these milestones. This book was published by Simon and Schuster in 1996 and is available in paperback.

Key Features:

  • This book is relevant for ages ranging from high school students to retired professionals.
  • Be it creating your own investing opportunities or finding the ones most suited to you, this book brings to light mindblowing facts you never knew could make you richer.

5. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life

In the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, JL Collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement, and the tools to forge your way through with confidence. You’ll never find a wiser advisor with a bigger heart. — Malachi Rempen: Filmmaker, cartoonist, author, and self-described ruffian

This book grew out of a series of letters to my daughter concerning various things mostly about money and investing she was not yet quite ready to hear.

Since money is the single most powerful tool we have for navigating this complex world we’ve created, understanding it is critical.

6. How to be a Billionaire: Proven Strategies from the Titans of Wealth

“A truly enlightening work filled with fundamental strategies that have worked for others. Martin Fridson documents the essential principles inherent in every billionaire’s success.”

-Gordon Bethune
Chairman of the Board and CEO
Continental Airlines

Self-made billionaires all have one thing in common: they excel at making money. But hard work, thrift, and focus are only part of the story-you hold the rest of it in your hands. How to Be a Billionaire is the first comprehensive picture of the real strategies and tactics that built the great business fortunes of modern times. Packed with engaging accounts of titans like Ross Perot, Richard Branson, Phil Anschutz, John D. Rockefeller, Wayne Huizenga, Bill Gates, J. Paul Getty, and Kirk Kerkorian, How to Be a Billionaire will show you principles that can increase your wealth and business acumen to the mogul level.

How to Be a Billionaire looks at the careers, the methods, and the minds of self-made billionaires to distill the common keys to titanic accumulations of wealth. Each chapter explores a specific strategy and brings it to life through extended profiles of past and present masters of the art of making money.

7. Where to Invest, When to Invest, How to Invest

Where to Invest, When to Invest, How to Invest. – A book for beginners, professionals, and retired people. Comparative analysis of various financial instruments. A guide for Wealth or Investment Management. For a person new to investments, the question does rankle him as “where to invest”. People are attracted to various financial instruments – Fixed deposits, Gold, Insurance, Real Estate, Equities, Mutual funds, trading and speculating in the Stock market with or without doing technical analysis, and so on and so forth. A review of the various instruments is required before coming to any conclusion that this is the best method of Investment. Then there are Gurus in the field of Investment viz. – Benjamin Graham and Warren Buffet who have made a philosophy of investment but which has to be understood in the Indian context. People do earn money but many times do not invest properly. The return that every financial instrument gives, is not understood properly and not weighed comparatively. Wealth or Investment management is a very important task for everyone but neglected by many. This book will give basic learning to the people uninitiated in the field of finance and investment. For people who are more familiar with finance and investment, this book can give some good insights and advice on some good investment avenues. A new chapter is added on the implications of the tax on Dividends & Long Term Capital Gains, on Mutual Funds in the Budgets of 2018 and 2020, and how to reduce your tax outgo.

8. Fundamental Analysis Shares : Become An Intelligent Investor

Fundamental analysis is a method of evaluating intrinsic value of shares to find long term investing opportunities. This book will teach an average retail investor the basics of fundamental analysis so that he can invest in shares having sound fundamentals and avoid ones having poor fundamentals. This investing approach will help you to learn how intelligent investors discover multi-bagger stocks and make millions by investing in them. The book also includes value investing principles of legends like benjamin graham, warren buffett, and peter lynch. Book explains in detail the key components of the annual report of a company and company’s financial statements like balance sheet, profit and loss account, and cash flow statement. The book also explains all important financial ratios like profit margins, roe, roce, roa, current ratio, fixed asset turnover ratio, working capital turnover ratio, inventory turnover ratio, receivables turnover ratio, interest coverage ratio, debt to equity ratio, price to earnings (p/e) ratio, price to book value (p/bv) ratio, price to growth ratio (peg), enterprise multiple, dividend yield, etc. Book can also be useful for research analyst exam.

9. How to Make Money Trading with Candlestick Charts

This book is a complete guide on How to Make Money Trading with Candlestick Charts

10. Let’s Talk Money: You’ve Worked Hard for It, Now Make It Work for You

REVISED AND UPDATED-NOW WITH FINANCIAL LESSONS FROM COVID-19

We work hard to earn our money. But regardless of how much we earn, the money worry never goes away. Bills, rent, EMIs, medical costs, vacations, kids’ education, and, somewhere at the back of the head, the niggling fear of being underprepared for our own retirement.

Wouldn’t it be wonderful if our money worked for us just as we work hard for it? What if we had a proven system to identify dud investment schemes? What if we could just plug seamlessly into a simple, jargon-free plan to get more value out of our money for tomorrow, and have a super good life today as well?

India’s most trusted name in personal finance, Monika Halan offers you a feet-on-the-ground system to build financial security. Not a get-rich-quick guide, this book provides you a smarter way to live your dream life, rather than stay worried about the ‘right’ investment or ‘perfect’ insurance. Unlike many personal finance books, Let’s Talk Money is written specifically for you, keeping the Indian context in mind.

How to discover the best Investment option for you?

Now, that you are aware of the best books that can help you with clearing the basic fundamentals of investing and making money work for you and your future, A major question strike in your mind is that how to discover the best investment option for you? Well, the answer is simple. There are different strategies and proven methods available to read and apply on the listed books above. Fill in your bookshelf with these amazing reads and make your life easier and build a better future!

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