Inflation is a very troubling financial threat for all groups. In this case, the presence of investment is a key where you can maintain the value of your money and even have potential profits every year.
However, even so, you still need careful planning and in-depth knowledge about the investment itself. Therefore, here are 5 investment book recommendations that can help your understanding.
The Four Pillars of Investing: Lessons for Building a Winning Portfolio – William J. Bernstein
This book tells the story of a neurologist and financial expert, William J. Bernstein. In this case, Bernstein teaches how to develop a stable growing investment portfolio, using strategies that focus on history, the business of investing, theory, and psychology. Bernstein believes that this strategy can add to the coffers of rupiah deposits constantly. In addition, the delivery used is very easy for novice investors to understand, so the learning process will be more enjoyable.
A Random Walk Down Wall Street: The Time Tested Strategy for Successful Investing – Burton Malkiel
Burton Malkiel, a professor of Economics at Princeton University released his first book in 1973 and became one of the best books in the investment world. This book provides an explanation of investment strategies, financial theory, and also provides advice that helps beginners to learn how to profit from investing. In this case, Malkiel teaches that long-term investment is the best option. Apart from that, this book also provides knowledge on how you can manage your personal deposits in a smarter way.
The Intelligent Investor – Benjamin Graham
Warren Buffett, is an accomplished investor without a doubt. The profits obtained through investment managed to make him one of the richest people in the world. In this regard, his success has never been separated from the books he has studied, one of which is The Intelligent Investor by Benjamin Graham.
Through this book we can get to know the philosophy of “Value Investing”, where this philosophy emphasizes the importance of long-term investing by measuring the risk of loss in order to protect investors. In addition, this book also teaches fundamental analysis so that beginners can choose the right investment products and manage financial deposits properly.