The Bible tells us that saving for the future is wise (Proverbs 6:6-8). When it comes to saving for your retirement, simply placing money in a savings account likely won’t be enough. You need to invest.
If you feel lost when it comes to investing, you're not alone. Fear prevents many from ever getting started with investing. Don't let that be you. These top books will increase your confidence and investment know-how. Grab one or two or five today. Your future self will thank you.
The Treasure Principle by Randy Alcorn
Okay, this may seem like a strange place to start, but the perspective Alcorn brings to the investing (and money) conversation is essential. Ultimately, our goal is not to have a massive bank account on earth, but a vault filled with eternal treasures in heaven. This book has been highly influential to many, including myself. It’s short and a must-read for everyone.
The Elements of Investing by Burton G. Malkiel and Charles D. Ellis
This top book is a phenomenal book for beginners and experts alike. It is short, simple, but extremely powerful. Once finished, you will understand the basics of investing as taught by two of the world's greatest financial minds.
The Little Book of Common Sense Investing by John C. Bogle
John C. Bogle is a financial legend. His accessible investment strategies have endured for years. In this short classic, Bogle shows you how to stop making investing too complex and relax while the market does the investing for you.
The Bogleheads' Guide to Investing by Terry Larimore, Mel Lindauer, Michael LeBoeuf, and John C. Bogle
See, I told you that John C. Bogle is a financial legend. In this book, you will further learn how to simplify your investment strategy, understand the financial value of being frugal, and start sniffing out overly expensive investments.
Your Money and Your Brain by Jason Zweig
Most investors are not always rational. They often allow feelings to guide their decision-making. This is a problem. Fear and overconfidence often lead to poor decisions. Make better decisions by understanding what's going on in your head. This is a must-read.
The Intelligent Investor by Benjamin Graham
Fair warning—this is a 640-page book. It may be long, but Graham's work is also one of the most important investment books out there. So, if you have time to take the journey through The Intelligent Investor, do it.
You don't need a financial degree to understand the basic principles of smart investing. You can do this. So, start educating yourself today.