Are you planning your next big purchase? Contemplating an early retirement? Starting a new business venture? No matter where you are in your investing life, you'll need some smart advice to make the most of your money in today's market. These 6 books will ensure that you minimize risk and make the most profit in any economic climate.
Whether you are planning for your next big purchase, an early retirement, or new business venture, these 6 guides can take your portfolio from dud to winner.
Read on for some of investing's best-kept secrets to ensure you minimize risk and make the most of your money in any economic climate:
Dead Companies Walking: How a Hedge Fund Manager Finds Opportunity in Unexpected Places
by Scott Fearon with Jesse Powell
Unlike most investors, who live in fear of failure, Scott Fearon actively seeks it out. He has earned millions of dollars for his hedge fund over the last 30 years shorting the stocks of businesses he believed were on their way to bankruptcy. In Dead Companies Walking, Fearon describes his methods for spotting these doomed businesses, and how they can be extremely profitable investments.
In his experience, corporate managers routinely commit 6bcommon mistakes that can derail even the most promising companies: they learn from only the recent past; they rely too heavily on a formula for success; they misunderstand their target customers; they fall victim to the magical storytelling of a mania; they fail to adapt to tectonic shifts in their industry; and they are physically or emotionally removed from their companies' operations.
Here, he explores recent examples like JC Penney, Herbalife, and Blockbuster Entertainment to help investors better predict the next booms and busts—and come out on top.
The Winning Investor's Guide to Making Money in Any Market
by Andrew Horowitz, C.F.P.
Whether you’re just getting started with investing or simply want to manage your money more closely, you can invest smarter and with more success.
Andrew Horowitz explains which investments you should hold onto to have a truly diversified portfolio; ways to choose the best stocks and know when to buy and when to sell; how to make sense of the current economic climate and invest accordingly; and the best ways to minimize risk and protect your investments.
The Safe Investor: How to make Your Money Grow in a Volatile Global Economy
by Tim McCarthy
Expert investor Timothy McCarthy has spent the last 30 years providing investment solutions to individuals and their advisors. He believes that understanding how to create a truly globally diverse portfolio while applying the magic of time will help all investors navigate risky markets.
McCarthy explores the fundamentals of picking and evaluating financial advisors for those who want to understand the principles of investing but not actually do the work themselves. He guides the reader along a straightforward path to investment success. The Safe Investor will help even those with little interest or aptitude for finance to become comfortable in managing their life investment plan.
The Winning Investor's Guide to How to Pick Better Stocks
by Andrew Horowitz, C.F.P.
Over the past few decades, certified financial planner Andrew Horowitz has helped countless clients make loads of money in the stock market. Now he’s written a basic guide to determining your investing philosophy.
Horowitz’s straight-shooting style, real-life examples, and quick and dirty tips take the mystery out of picking the right stocks. Whether you’re just getting started or you want to manage your money more closely, you can invest smarter and Andrew will tell you how.
Available for purchase at Apple
Pragmatic Capitalism: What Every Investor Needs to Know About Money and Finance
by Cullen Roche
Cullen Roche explores how our global economy works and why it is more important now than ever for investors to understand macroeconomics. Roche combines his expertise in global macro portfolio management, quantitative risk management, behavioral finance, and monetary theory to explain to readers how macroeconomics works, and provides insights and suggestions for getting the most out of their investment strategies.
This book will uncover market myths and explain the rise of macroeconomics and why it impacts the readers’ portfolio construction. Pragmatic Capitalism is a must for any sophisticated investor who wants to make the most of their portfolio.
Millennial Money: How Young Investors Can Build a Fortune
by Patrick O'Shaughnessy
Fact: the Millennial Generation will not be able to rely on pensions and social security in retirement.
Instead, they will have to save and invest in the global stock market to meet their goals. When it comes to thinking about money, Millennials are, as a generation, differ from their parents. They are skeptical of expert advice, yet more committed than Baby Boomers to passing wealth on to future generations. To build wealth, young people must start investing early and buck conventional market wisdom.
Millennial Money will explain the most common mistakes that hurt investors’ long-term returns and show why their investments in popular stocks or the hottest industry of the day have resulted in such underwhelming results. The book will introduce a strategy that will allow Millennials to become the most successful investing generation in history.