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In this episode, learn my favorite investment books and newspaper that made me $2 million.
People often ask me what are my favorite investing books?
I’m really picky about them, of course, so I won’t be recommending a lot. But there are some that made a real difference in my life and really stand out and I’d like to share them with you.
Before anything else, I would read Think and Grow Rich by Napoleon Hill. I have 2 versions for you:
Think and Grow Rich by Napoleon Hill (physical book version)
Think and Grow Rich by Napoleon Hill (free pdf version)
This book researched millionaires in the early part of the 20th century and is the most documented book there is about millionaires. It’s like the bible of millionaires and it’s a must read – first.
Next I would read Rich Dad Poor Dad by Robert Kiyosaki. Robert tells a good story and makes an important point – that to become rich you must become a business owner. Few jobs create wealth unless you’re in the executive suite or have stock options. It’s a fun read and totally on point.
Women should read Smart Women Finish Rich by David Bach. David summarizes 25 years I spent in the financial industry and puts it into one book. It aligns your values with your money and is a fun read for women.
The book that is most on target today is Maloney’s Guide to Investing in Gold and Silver by Michael Maloney – How to take advantage of the coming wealth transfer to create wealth. Michael is right on target with the wealth transfer, cycles, bubbles, and investing in precious metals. I agree with what he writes and respect the body of work this book represents. It’s the closest thing I’ve found to what I teach.
Investors Business Daily, and How to Make Money in Stocks are what allowed me to make $2 million in the stock market. In my opinion, these are the “must have” resources for stock investors. My Investors Business Daily is still delivered to my home every Saturday.
I also recommend The Little Book of Bull Moves in Bear Markets by Peter Schiff. Peter was one of the few experts who publicly (on TV) predicted the Crisis of 2007 in advance. He was laughed at, scorned, and made fun of, but he clearly predicted the crash. In this book he predicts another crisis coming and how to profit from it. I agree with his perspective and advice.
Finally, as you’re following along on the podcast you’ll want to have your authentic Wealth Mini-Course & Journal by Linda P. Jones to record your progress, dreams, and goals. I give this to my clients and love the unique combination of mini-course of questions for you to answer and design your life, and journal to record your thoughts.
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Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America’s Wealth Mentor.™ Learn how to build wealth, make money, and have financial freedom. Introduction to principles of wealth building you won’t hear about from your financial advisor. Learn how to get rich, the 6 Steps to Wealth, the Twin Pillars of Wealth Building™: Invest Like Billionaires™ and Create Your Luxury Brand™ Business.
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