If you are searching for the best books on the stock market for beginners and could not find the book then you have landed at the right place- the best stock recommendation sites India. Investing in the stock market can be very much confusing if you are a beginner. There are various topics and aspects of the trade that need to be thoroughly studied. More importantly, there are many books to be read. However, not all books are helpful for you. You need to look for good books that suit your needs.
We live in an era where stocks and shares can be bought from the comfort of your home, or on your smartphone. It’s truly amazing how things have changed since the stock market began over years ago. You’ll find a lot of contradictory information out there about how to make money from trading stocks. However, there is one man who has spent decades working in the investment sector, and has some good advice that he has put into this book – The Little Book of Common Sense Investing by Jack Bogle. This book offers up some great advice to follow when it comes to making money in the stock market.
The Little Book of Common Sense Investing by Jack Bogle is a classic book on stock investing. Jack Bogle, the founder of The Vanguard Group, has a simple message. He recommends you go into investing by maintaining low costs and investing for the long term. It’s a bestseller of a book and offers practical and sensible ways to make money.
The 10th edition of this book is a great read for those starting portfolios from scratch. It covers the concept of price bubbles and provides the reader with the knowledge of how to opt out of them. The book is thin but very comprehensive in several ways, which should be enough to let any novice investor know how to approach their first path towards investing in the market.
In this book, the author makes a strong case for the benefits of indexing. He also takes some time to explain how markets work. The first few chapters explain nicely how investor behavior affects the market, and why it is important to see things from a different point of view than just a T-shirt trader. It’s interesting to read how most investors are actually very bad at making money investing in the market, and how big banks do not necessarily have your best interest in mind. A must-read for beginners and also great as a refresher for experienced.
The book is a classic but still holds its relevance even after decades since its first publication. The reasons are many: the author is Benjamin Graham – a mentor to Warren Buffett and he has been called ‘The Father of Value Investing. It was the first-ever comprehensive book on investing in stocks that cut across geographic borders. It explains the philosophy behind value investing that makes sense for the Indian market too; and exposes strategies that can overcome the value investor’s weaknesses.
The book is an easy read and some concepts are explained with analogies so that one understands quicker – as to how Bill Gates built his fortune (he used compound interest). There are also chapters on reasons why people invest in stocks, why they should hedge their bets and how to do it, what Graham calls Net Current Asset Value (NCAV) – essentially risk-free return, why investors should not get carried away by short term movements of stock price, etc. It also talks about why investors should be greedy when others are fearful.
Peter Lynch is one of the most successful investors of all time. His record of a 30% return on average annually over a 13-year period makes him a role model for novice investors. In his book, he shares his ideas and how-to’s in picking good stocks.
As an investor, it is not just important to be a good reader, but also a good researcher. In Peter Lynch’s book ‘One Up On Wall Street, the author stresses how to avoid following the crowd and advises readers to put all their efforts into doing the research before investing in stocks. The book also gives you a detailed insight into different investment strategies you can apply in order to avoid potential losses resulting from random or impulsive stock purchases.
In this review, we covered some of the best stock trading books that are suitable reads for beginners by stock market recommendations India. You may think that stock trading is a game where the only thing you need is intuition and luck, but this couldn’t be further away from the truth. Stock trading is a lot like poker. Sure, you can try to make big calls about the market and trade but unless you have the right tools (knowledge), it’s better if you stick with playing more conservative hands.