A Random Walk Down Wall Street by Burton G. Malkiel lays out the basics of portfolio diversification.
A Random Walk Down Wall Street is one of the best books I've ever read, and I'd only add that I think The Millionaire Next Door is also excellent. When most of us think about millionaires we think about Hollywood stars, tech company founders, and finance moguls. But most millionaires are actually normal people who spend below their means and invest what they can, usually in index funds and sometimes in a house. If they marry they don't divorce (divorce is very, very expensive and modern marriage is a high-risk endeavor).
Chances are good that most of the millionaires you know don't live like millionaires—which is why they can be millionaires!
A Random Walk Down Wall Street by Burton G. Malkiel lays out the basics of portfolio diversification.
A Random Walk Down Wall Street is one of the best books I've ever read, and I'd only add that I think The Millionaire Next Door is also excellent. When most of us think about millionaires we think about Hollywood stars, tech company founders, and finance moguls. But most millionaires are actually normal people who spend below their means and invest what they can, usually in index funds and sometimes in a house. If they marry they don't divorce (divorce is very, very expensive and modern marriage is a high-risk endeavor).
Chances are good that most of the millionaires you know don't live like millionaires—which is why they can be millionaires!