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Posted by: JKoolayd Original: 3/15/2008 10:59 PM Views: 146 Comments: 8 eProps: 14 Read Comments Post a Comment Back to Your Xanga Site

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2 eProps from: dvchn benzado eusipial merkurie The_Two_Roads specialkai Yudabomb

Saturday, March 15, 2008

I'm trying to read up more on budgeting and investments. Does anyone have any suggestions for good beginner books/links? I've started with:

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not!

The Millionaire Next Door

Dave suggests: Unconventional Success: A Fundamental Approach to Personal Investment
Ben suggests: The Only Investment Guide You'll Ever Need
Javier suggests: The Total Money Makeover: A Proven Plan for Financial Fitness
and also: Basic Black: The Essential Guide for Getting Ahead at Work (and in Life)

Here are some other random but awesome sites:
For personal finances: http://www.mint.com/
For tips on saving: http://www.getrichslowly.org/blog/
For more investment stuff: http://www.freemoneyfinance.com/
For practicing virtual investments: http://www.updown.com/

For placing microfinance loans: http://www.kiva.org/
For placing microfinance loans that give you a 3% interest return: http://www.microplace.com/

Posted 3/15/2008 10:59 PM - 146 views - 8 comments

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8 Comments

david swensen's "unconventional success: a fundamental approach to personal investment". main takeaways: asset allocation is everything, don't time the market, buy index funds

Posted 3/16/2008 12:28 AM by dvchn - reply

I liked The Only Investment Guide You'll Ever Need by Andrew Tobias. I took the title literally and haven't read those other books so I can't compare.

Posted 3/16/2008 12:03 PM by benzado - reply

Rich dad poor dad is supposed to be excellent and has been highly recommended to me by several people (although i have yet to read it). My friend, Ian Ybarra (http://ianybarra.com/blog/), is one of my friends who is really into that book.

My uncle has also pushed me, heavily, towards Dave Ramsey's "Total Money Makeover". I have the mp3's, so if you'd like to listen to them, shoot me an e-mail and i can make it happen. And also, "Basic Black" by Cathie Black.

I don't have any suggestions for books that focus on investing, though. So if you happen to find some good ones, let me know.

Posted 3/16/2008 2:05 PM by eusipial - reply

freakonomics?

Posted 3/16/2008 10:46 PM by merkurie - reply

Hello Ms. Jenny,
You worked hard to make your site simple yet elegant. The pictures are a nice touch. I see that you have a wide variety of interests and observations here!
I like to write articles about God and religion on my site to help people to really get to know God, especially in these troubled times. 9 I, the LORD, will show no mercy or pity when that time comes. In my anger I will destroy the earth and every sinner who lives on it. (Isaiah 13:9) (CEV)
I hope you get a chance to look at them.

Posted 3/23/2008 4:30 AM by The_Two_Roads