basically because of its simplicity..

It’s a book that answers the number one issue that is on our mind when relating ‘money’ and a ‘happy life’. A sentiment that would resonate with readers of the Get Rich Slowly blog.

I listen to it to work sometimes, nothing gets you motivated like Ramsey (who is the reader of the audio book) calling you financially fat!

3 great investment books – read them now

HOW TO RETIRE AND LIVE WELL ON LESS THAN A MILLION DOLLARS

THE FOUR PILLARS OF INVESTING

THE INTELLIGENT INVESTOR

David Koh
InvestorDavid.com

Having owned homes before and now being retired, I decided not to own but to rent… again having previously lived in Chicago for 27 years without a Car, I had a different approach to transportation.

We also have an Enterprise Car rental service closeby which we use for Trips — especially in the Summers.

I would also recommend “Whatever Happened to Penny Candy ?” by Richard Maybury if people want to learn how money supply effects inflation and the stock market. It’s a simple read geared to a grade 9 level but completely explains some basic economic principals for investors.

SW

Suze Orman: 9 Steps to Financial Freedom – perfect for creating the right foundation with budgeting

Robert Kiyosaki’s Cash Flow Quadrant- a very important motivator to get out of the wrong quadrants and strive to become investors and business owners. I would never have done it without his ideas.

Michael Gerber E-Myth Revisited. DO NOT START A SMALL BUSINESS WITHOUT READING THIS BOOK!

Live it Up without Outliving Your Money: 10 Steps to a Perfect Retirement Portfolio by Paul Merriman

No nonsense, easy to read, straightforward plan. Highly recommend his podcast (Sound Investing) as well.

You’ve given so good description of the books. I like the way you present things.

[...] monthly debt payments I pride myself on having read a slew of financial books. Elizabeth Warren has helped me to discover all my worth, David Bach to be a woman who finishes [...]

Thanks for this list. I personally started a crazy project : read 52 of the best businesses books in 52 weeks in an attemp to pass the Personal MBA (a MBA for less than 1 500$) in one year ( see my blog http://www.books-that-can-change-your-life.net/2008/my-crazy-project-read-52-of-the-best-business-books-in-52-weeks-and-post-a-weekly-review-here-on-my-blog/ )

The Personal MBA is a comprehensive list of 77 books (93 with the supplements) in 12 categories that is intended to deliver the 20% of the knowledge given in an MBA that give 80% of the results.

Only a few books are common between your liste and the PMBA one, so i think it is a great complement. Thanks for that

[...] from the experts When I began to turn my financial life around, I made a habit of reading books about money. The more I read, the clearer certain patterns became. I wrote about these patterns in my very [...]

MillionaireManager.com

This book is hilarious–well-written in a simple, conversational style. Even a fifth grader could understand this…and that is not at all an insult to the book, which underscores the importance of getting a true grasp on your business’ financial fortitude.

Evidently, even businesses that are showing up making a profit are still losing money! Could that be why we are in such an economic mess? Maybe.

Still, one should absolutely check this book out–a finance library Must-Have!

1. Index everything
2. You might or might not need to rebalance.

But is this applicable in current market.

I would recommend “coffehouse investor”

http://sreekalyan.blogspot.com

For the comments on Rich Dad, Poor Dad – he’s a very good salesman, and he’s selling your own ability to reach financial freedom. Too light on actual useful techniques, and he makes it sound too easy, but there are some good ideas there. My favorite is his definition of wealth: how many months you could continue with your current lifestyle if you lost your job now. Thus infinite wealth is streams of passive income in excess of your expenses. Financial Freedom.

Books I would add to the list:
Safe Strategies for Financial Freedom by Van K Tharp. What RDPD should be – he completely sells you on Financial Freedom in the beginning, then gets into cutting debt, increasing cashflow, re-deploying the assets you have, different investments, and finally risk management. When I finished investments, I was a little let-down that there wasn’t more with so much of the book left, but the risk understanding is the best part of the book, especially when he gets to taking responsibility for your situation.

Creating Wealth by Robert Allen. My favorite Robert Allen book, because he starts with a list of asset classes and breaks down their strong and weak points – worth it just for this chart! But he also gets into how to accelerate your real estate portfolio, and some very clever ideas on how to build wealth with mortgages and other less-well-known strategies. You can get in trouble with “No money down” strategies, but overall a very good book.

It’s Not About the Money by Brent Kessel. This and T Harv Eker’s book are the best I’ve found on understanding and re-wiring your relationship to money. When he comes to financial crises, he starts with Loving-Kindness meditation and some very good non-standard practices.

Automatic Wealth: The 6 Steps to Financial Independence by Michael Masterson. Master marketer and businessperson, he walks you through the stages (if not full steps) of getting rich – starting with becoming indispensable at work, then building your own side business. I didn’t like Ready, Fire, Aim as much though – this one is better overall.

Just One Thing by John Mauldin. He goes to some of the best minds in investing, and asks, “If you could impart just one idea to your family/disciple/students about money, what would it be?” There are some great answers here.

Market Wizards by Jack Schwager. More for people who actively invest or trade the markets, this book looks at the most successful and what they do. You’ll find some common themes: cautiously optimistic, willing to be responsible for their mistakes, honest appraisals about their abilities, understanding of risks, and great money management (best explained in Tharp’s book – the first on my list).

Good reading! And thanks for your suggestions, all.