Best Investing

People with a fixed mindset —those who believe that abilities are fixed—are less likely to flourish than those with a growth mindset —those who believe that abilities can be developed. She introduces a phenomenon she calls false growth mindset and guides people toward adopting a deeper, truer growth mindset. “One of the most influential books ever about motivation.” —Po Bronson, author of NurtureShock “If you manage people or are a parent (which is a form of managing people), drop everything and read Mindset .” —Guy Kawasaki, author of The Art of the Start 2.0. In other words, you are who you are, your intelligence and talents are fixed, and your fate is to go through life avoiding challenge and failure. Dweck provides a checklist to assess yourself and shows how a particular mindset can affect all areas of your life, from business to sports and love. as well as for those who would like to increase their own feelings of success and fulfillment.” —Library Journal (starred review) “Everyone should read this book.” —Chip Heath and Dan Heath, authors of Made to Stick “One of the most influential books ever about motivation.” —Po Bronson, author of NurtureShock “If you manage people or are a parent (which is a form of managing people), drop everything and read Mindset .” —Guy Kawasaki, author of The Art of the Start 2.0.

Ray Dalio, one of the world’s most successful investors and entrepreneurs, shares the unconventional principles that he’s developed, refined, and used over the past forty years to create unique results in both life and business—and which any person or organization can adopt to help achieve their goals. Along the way, Dalio discovered a set of unique principles that have led to Bridgewater’s exceptionally effective culture, which he describes as “an idea meritocracy that strives to achieve meaningful work and meaningful relationships through radical transparency.” It is these principles, and not anything special about Dalio—who grew up an ordinary kid in a middle-class Long Island neighborhood—that he believes are the reason behind his success. Underneath what may seem like a clinical, emotionless approach is something different and far more poignant: Mr. Dalio is preaching for individuals to have a sense of humility and introspection, an ability to open themselves to appreciate pointed criticism and use it to improve.” — The New York Times “Ray Dalio has provided me with invaluable guidance and insights that are now available to you in Principles .” —Bill Gates “I absolutely loved this book. Every page is full of so many principles of distinction and insights—and I love how Ray incorporates his history and his life in such an elegant way.” —Tony Robbins “Ray Dalio’s market acumen is legendary, but it was creating and living by a set of principles that allowed him to reach the top. Everyone with goals and dreams can learn from Ray’s approach.” —Michael Bloomberg “It’s important and instructive to share what you’ve learned in life with others, and Ray does this in an interesting and provocative way in this compelling work.” —Jamie Dimon “I was surprisingly moved by it. It has already changed how I think about making decisions in my life and in my business.” —Tim Ferriss “ Principles had a profound positive impact on my leadership style—through living more honestly.” —Reed Hastings “Ray brings unique analytic insights about how to think about complex issues. It’s a gift to all of us.” —Steve Schwarzman “Among a handful of philosopher-investors known not only for moneymaking prowess but also for their distinctive take on life.” — The Wall Street Journal “What makes Dalio compelling is not just his track record but the way he goes about making money, and the rigorous analysis he applies to understanding markets, organizations, the economy, and life.” — Fortune Ray Dalio is the founder and CEO of Bridgewater Associates, the largest hedge fund in the world and, according to Fortune , the fifth most important private company in the United States.

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad.’ One man was well educated and an employee all his life, the other’s education was “street smarts” over traditional classroom education and he took the path of entrepreneurship a road that led him to become one of the wealthiest men in Hawaii. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them").

In this revised, updated, and expanded edition of his New York Times bestseller, Nobel Prize–winning economist Robert Shiller, who warned of both the tech and housing bubbles, cautions that signs of irrational exuberance among investors have only increased since the 2008–9 financial crisis. Robert J. Shiller, Co-Winner of the 2013 Nobel Prize in EconomicsA New York Times Bestseller. Winner of the 2000 Commonfund Prize for the Best Contribution to Endowment Management Research. has done more than any other economist of his generation to document the less rational aspects of financial markets." Shiller ranges widely his explanations, laying them out in the first 168 pages in easy-to-read, sometimes passionate prose. --Louis Uchitelle, New York Times Book Review. [I]t presents a message investors would be wise to head: Make sure your portfolio is adequately diversified. Save more and don't count on double-digit gains of the past decades continuing to bail you out during retirement." "Although its message may be unwelcome to many, this important book should be read by anyone interested in economics or the stock markets." "Shiller contends that investor psychology is so given to herd behavior that it's almost impossible to manipulate or even influence.

Bernstein pulls back the curtain to reveal what really goes on in today‘s financial industry as he outlines a simple program for building wealth while controlling risk.Straightforward in its presentation and generous in its real-life examples, The Four Pillars of Investing presents a no-nonsense discussion of: The art and science of mixing different asset classes into an effective blend The dangers of actively picking stocks, as opposed to investing in the whole market Behavioral finance and how state of mind can adversely affect decision making Reasons the mutual fund and brokerage industries, rather than your partners, are often your most direct competitors Strategies for managing all of your assets—savings, 401(k)s, home equity—as one portfolio Investing is not a destination. The Theory of Investing: “Do not expect high returns without risks.” The History of Investing: “About once every generation, the markets go barking mad. From the essential soundness of classic portfolio theory through the inherent wisdom of investing in multiple asset classes, The Four Pillars of Investing provides a distinctive blend of market history, investing theory, and behavioral finance to help you become a successful, self-sufficient investor.

The options investing bestseller--updated with new strategies to help generate income, hedge, speculate, and protect stock positions (and help with Series 7). Michael Sincere is the author of Understanding Options (McGraw-Hill, 2nd edition), All About Market Indicators (McGraw-Hill), Understanding Stocks (McGraw-Hill, 2nd Edition) Start Day Trading Now (Adams Media), and Predict the Next Bull or Bear Market and Win (Adams Media).

In Rich Dad Poor Dad, the #1 Personal Finance book of all time, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad.’ One man was well educated and an employee all his life, the other’s education was “street smarts” over traditional classroom education and he took the path of entrepreneurship a road that led him to become one of the wealthiest men in Hawaii. The lifelong monetary problems experienced by his "poor dad" (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his "rich dad" (that "the poor and the middle class work for money," but "the rich have money work for them").

Written by a practicing emergency physician, The White Coat Investor is a high-yield manual that specifically deals with the financial issues facing medical students, residents, physicians, dentists, and similar high-income professionals. Graduate from medical school with as little debt as possible Escape from student loans within two to five years of residency graduation Purchase the right types and amounts of insurance Decide when to buy a house and how much to spend on it Learn to invest in a sensible, low-cost and effective manner with or without the assistance of an advisor Avoid investments which are designed to be sold, not bought Select advisors who give great service and advice at a fair price Become a millionaire within five to ten years of residency graduation Use a “Backdoor Roth IRA” and “Stealth IRA” to boost your retirement funds and decrease your taxes Protect your hard-won assets from professional and personal lawsuits Avoid estate taxes, avoid probate, and ensure your children and your money go where you want when you die Minimize your tax burden, keeping more of your hard-earned money Decide between an employee job and an independent contractor job Choose between sole proprietorship, Limited Liability Company, S Corporation, and C Corporation. “Jim Dahle has done a lot of thinking about the peculiar financial problems facing physicians, and you, lucky reader, are about to reap the bounty of both his experience and his research.” – William J. Bernstein, MD , Author of The Investor’s Manifesto and seven other investing books. As a medical resident, he grew tired of being ripped off by unscrupulous financial professionals including mutual fund salesmen, insurance agents, realtors, mortgage lenders, and stock brokers and began educating himself on the ins and outs of personal finance and investing. Now he shares his wisdom with medical students, residents, physicians, dentists and similar high income professionals so they can free themselves from debt, quit worrying about money, build wealth, live “the good life,” and get back to practicing medicine on their own terms.

The options investing bestseller--updated with new strategies to help generate income, hedge, speculate, and protect stock positions (and help with Series 7). Michael Sincere is the author of Understanding Options (McGraw-Hill, 2nd edition), All About Market Indicators (McGraw-Hill), Understanding Stocks (McGraw-Hill, 2nd Edition) Start Day Trading Now (Adams Media), and Predict the Next Bull or Bear Market and Win (Adams Media).

In the book, I describe the fundamentals of day trading, explain how day trading is different from other styles of trading and investment, and elaborate on important trading strategies that many traders use every day. For beginner traders, this book gives you an understanding of where to start, how to start, what to expect from day trading, and how to develop your strategy. If you think you are beyond the stage of a novice trader, then you may want to jump ahead and start reading from Chapter 7 for an overview of the most important day trading strategies: ABCD Pattern Trading Bull Flag Momentum Trading Top Reversal Trading Bottom Reversal Trading Moving Average Trend Trading VWAP Trading Support and Resistance Trading. For each strategy, I explain: How to find the Stock in Play for trade What indicators I am using on my charts When I enter the trade When I exit the trade (profit taking) What is my stop loss. Day trading is not gambling. That's How to Day Trade for a Living . If you just wanted to get started in day trading, following Andrew's guidelines gets you stated on the right foot. There are a lot of other books on day trading that just give you basic philosophy and market theory. To be successful at day trading you need the right tools and you need to be motivated, to work hard, and to persevere. At the beginning of my trading career, a pharmaceutical company announced some positive results for one of its drugs and its stock jumped from $1 to over $55 in just two days. As such, I wake up early, go for a run, take a shower, get dressed, eat breakfast, and fire up my trading station before the markets open in New York. I am motivated when I sit down and start working on the list of stocks I will watch that day. This morning routine has tremendously helped my mental preparation for coming into the market. Whatever your routine is, starting the morning in a similar fashion will pay invaluable dividends. Sitting at your computer in your pajamas or underwear does not put you in the right mindset to attack the market. In this book, I use simple and easy to understand words to explain the strategies and concepts you need to know to launch yourself into day trading on the stock market. This book is definitely NOT a difficult, technical, hard to understand, complicated and complex guide to the stock market. You can monitor my screen in real time, watch me trade the strategies explained in his book, and ask questions of me and other traders in our chat room. I know you will learn much about day trading and the stock market from studying my book.