What makes a good personal finance book? It has to be relevant, accurate, and - not least - entertaining. No sense slogging through a boring tome when you can read about personal finance for fun, am I right?
Okay, I'm a money nerd, so this might not be as likely to happen for you as it was for me: I laughed out loud when I was reading this book. More than once. Entertaining, relevant, and practical, this one's a must for any Canadian.
Don't let his name fool you (okay, do. But in a good way): Potato approaches DIY investing with no assumptions. He's smart, funny, and precise, just like scientist.
Also: he includes real, actual screenshots of real, actual online brokerage accounts.
November 4th, 2011 by Potato Hey, I have short book! And it's about financial literacy/investing for yourself! It's called Potato's Short Guide to DIY Investing. And it's exactly what it sounds like: a short guide (~40 letter-sized pages; ~90 paperback/kobo-sized pages) that brings a novice investor up to speed on how to get into do-it-yourself investing.
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Little Book of Common Sense Investing
Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser’s game. Common sense tells us—and history confirms—that the simplest and most efficient investment strategy is to buy and hold all of the nation’s publicly held businesses at very low cost.