Money and investing are on many Americans' minds these days. Though no one has a crystal ball to see the future, these books — new to the Crestview Public Library's collection — will teach you some basics:
'The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get on with your Life' by Bill Schultheis: The author, a retirement planning consultant and former stock broker, shows why sorting through a financial clutter of mutual funds, stock market experts and investment publications is counterproductive to building wealth.
He redirects us away from the pursuit of “hot stocks” and “cool funds” and toward our personal goals, passions and the everyday realities of “raising children, meeting deadlines, keeping up with the competition, and giving it all we’ve got.”
'A Random Walk Down Wall Street' (2015 edition) by Burton G. Malkiel: In a time of market volatility and economic uncertainty, when high-frequency traders and hedge-fund managers seem to tower over average investors, Malkiel’s classic (since 1973), gimmick-free investment guide is more necessary than ever.
This life-cycle investing manual, which tailors strategies to investors of any age, will help you plan confidently, whether you're considering your first 401(k) contribution or contemplating retirement.
'The Four Pillars of Investing, 2nd edition' by William J. Bernstein: Bernstein bridges the four fundamental topics successful investors use to consistently generate exceptional profits: the theory, history, psychology and business of investing.
'The Boglehead’s Guide to Investing, 2nd edition' by Mel Lindauer, Taylor Larimore and Michael LeBoeuf: If you read one book on saving, debt management, investing, insurance and financial planning, make it this one.
And, finally, because it’s never too early to start learning:
'The Everything Kids’ Money Book: Earn it, Save it, and Watch it Grow, 2nd edition' by Brette McWhorter Sember: With lots of cool facts, kids can discover the fascinating world of money, saving and investing.
Sandra Dreaden is the Crestview Public Library's reference librarian.
This article originally appeared on Crestview News Bulletin: DREADEN: 5 books for investing basics