Lux Investing

Im 14, and thinking about investing. What books should I be reading?

I dont want to read millionare mind, plz give me something simple, i have read online not to start investing until you have read and researched, and read some more. What should i do to eventually invest? Also, i have money right now that i want to invest, but people say to research and read first. any suggestions?

Public Comments

1. "Rich Dad, Poor Dad" series by Robert Kiyosaki. He makes a good distinction between being broke (a temporary situation) and poor (a state of mind).
2. If you seriously want to invest in somthing with a Garunteed Profit. Give me a call when you read this tonight or after tonight at the seccond nuber Tonight: 828 452 6047 After: 908 698 7666
3. I agree Rich Dad Poor Dad's th best
4. Congratulations on beginning your investing so early in life. My suggestion is 2 fold. 1. Read The Bogleheads Guide to Investing. Easy Read discusses - Stocks, Bonds, Asset Allocations ... A good Common Sense Approach to Investing. The Bogleheads are folks who follow the investing theory of John Bogle founder of the Vanguard Mutual Fund Company, known for Low Fees and lots of Index Funds. 2. Go the the Bogleheads website called Diehards.org this is a question and answer board with pretty decent quality answer. It is free and there are several stickies that give you an excellent reading list as well as an excellent beginners guide. Good Luck. Gerry
5. How to Make Money in Stocks by William O'Neil. and then Trade your way to Financial Freedom by K. Van Tharp. These books will actually teach you to make money through investing and you'll learn how critical psychology is to successful investing. If you actually want to make money in the stock market, I would shy away from these books like "Rich Dad, Poor Dad" because they dumb down the process too much. You're really fortunate that you're so young and interested in the stock market. Don't waste your time. Get started the right way. Good Luck!
6. "Investing For Dummies." A great starter book.
7. It's never too early to start investing. Do not invest in stocks. Too risky for you. Better invest in business. You will get around 20% annual interest. $2,000--> $2,400 in a year. You will not get such high returns on bonds, stocks or CD's. I run my own business and I have profit margin of over 5% a month. Some European banks pay 8% to 14% a year (5 years deposits). Email me at investment4us@hotmail.com for more information. I would advice you something if you are serious about investing. Best of luck!