10 Best Money Market Books [2023]
- A Beginner’s Guide to Investing (Get this book) Stock Market Investing for Beginners (Get this book) How to Make Money in Stocks (Get this book) The Neatest Little Guide to Stock Market Investing (Get this book) The Intelligent Investor (Get this book) Stock Investing for Dummies (Get this book) One Up on Wall Street (Get this book) The Little Book of Common Sense Investing (Get this book) A Random Walk down Wall Street (Get this book) The Elements of Investing (Get this book)
If you have ever thought of investing in the money market, you need to learn. It is the truth. People who know better will earn better. Yes, irrespective of the risk in the money market, if you know about investing and how you can invest, and in which stocks, the information would help you make better decisions.
And you have an opportunity to learn. Books are a cheaper way to learn. You can learn by experience, but the cost of experience is too much in the first place. All you need to do is to balance your experiential learning with self-learning.
In the following paragraphs, we bring you 10 top books on the money market and their reviews and key takeaways. All you need to do is pick all these books up, read and apply what you learn. You would see a drastic difference in how you invest in the money market after going through these books.
Without much ado, let’s get started.
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#1 – A Beginner’s Guide to Investing:
How to Grow Your Money the Smart and Easy Way
If you are a complete novice and want to explore the money market, this is the book you should pick up. See in the review and the best takeaways so that you can understand why we’re recommending the book.
Book Review
It is the first book you should read if you are a new investor. There are two key things you will learn according to the book’s readers – first. You will need the actual number you need to save each year to meet your retirement goal. The formula is crystal clear and can be applied with immediate effect; secondly, you will also learn to create a diversified portfolio by investing in various kinds of assets. Precisely, this book will act as a great primer if you are a novice, but you need to read more to learn advanced tools and techniques.
Best takeaways from this best money market book
#2 – Stock Market Investing for Beginners:
Essentials to Start Investing Successfully
by Tycho Press
As the title mentioned, it’s a great book for beginners. Let’s find out more in the review and best takeaways.
As an investor, you need to learn the technical aspect of investing, and practically, there is a lot to learn. But what if you get a book that will pull out the best formulas, calculations, and concepts so that you can get started right away! This book is such. Whether you’re a novice in investing or a seasoned professional, you will get to learn a lot from this book. For example, you will learn to calculate the rate of returns, you will learn to determine the risk level, and you will get to know the rule of 72 & how to use it, and many more such concepts. This book also advises you about selling stocks that many money markets books skip.
Best takeaways from this top money market book
- This book is a brief outlook on investing in the money market. It’s just 147 pages long, and within these pages, you will learn to make your future better by investing in the right manner.You will learn all four tenets of investing – buying, selling, owning, and diversifying.The author mentioned that the earlier you start to invest, the better it would be for you. And this book will show you how.
#3 – How to Make Money in Stocks:
A Winning System in Good Times and Bad, Fourth Edition
by William O’ Neal
It is not a book but a step-by-step system that will help you become wise in investment, even if you’re a newbie.
It is a book tested and proved because the author himself has become a multi-millionaire using the system articulated in this book. This book is particularly written by taking into account the small investors. The methodology emphasized in this book is the CANSLIM method which helps investors earn 80% success with 20% effort. However, it may not be applicable for big investors and multi-million dollar portfolios.
- This book is not a book of judgments. But it’s based on the study of the market winners from 1880 to 2009.You will learn the techniques to pick winning stocks before they make big in the market. And you will also get 100 new charts to understand the current profitable trends in the stock market.You will also learn tips and tricks to invest wisely in mutual funds and ETFsETFsAn exchange-traded fund (ETF) is a security that contains many types of securities such as bonds, stocks, commodities, and so on, and that trades on the exchange like a stock, with the price fluctuating many times throughout the day when the exchange-traded fund is bought and sold on the exchange.read more to improve your earning potential and maximize your gains in the future.
#4 – The Neatest Little Guide to Stock Market Investing
by Jason Kelly
You will learn everything you need to know about the stock market under 336 pages. It is the briefest and most comprehensive guide you would ever find on investment.
Many beginner investors don’t want to do the groundwork for investment. If you are one of them, this book won’t work for you. But if you want to know the ground rules and are sincere about making money from your investments, this book can be considered the best serious book for a beginner investor. This book is gradual in its approach. The author starts with a basic understanding of the stock market and then gradually talks about master investors and their investing styles. If you’re not scared of hard work, you will learn a lot from this book.
- You will learn the basic difference between the changing and timeless aspects of the stock market. This knowledge will help you become a better investor.You will learn a great value averaging plan, which will grow 3% every quarter irrespective of the economic climate.You will not only learn the best investment methods used by master investors, but you will also get to know the latest online tools and techniques to equip yourself with smart insights and wise decision-making ability for investment.
#5 – The Intelligent Investor:
The Definitive Book on Value Investing. A Book of Practical Counsel (Revised Edition) (Collins Business Essentials)
by Benjamin Graham & Jason Zweig
This book doesn’t need any introduction. It is one of the most popular books on investment and is widely read.
If you get this top money market book, you may not need to read any other book on investment. For those of you who think that this is a book on old-school thoughts, think again. This book is 623 pages long, and the index alone is 33 pages. The first nine chapters cover all the fundamental knowledge you need about the stock market and investing. From chapters 10 to 20, this book goes deep. You will learn fundamental analysisFundamental AnalysisFundamental Analysis (FA) refers to the process of studying any security’s intrinsic value with the object of making profits while trading in it. The primary purpose of fundamental analysis is to determine whether the security or stock is undervalued or overvalued and thereby make an informed decision to buy, hold, or sell it in order to maximize the potential for gains.read more, how you can select stocks, convertible issues, and other aspects. Pick this book up if you’re serious about investment and getting rich in a reasonable time.
Best takeaways from this best book on money market
- This book is the culmination of Graham’s original text and the latest updates in the stock market.It’s considered a stock investing bible, and it’s applicable not only for beginners but also for professionals who have years of experience in the stock market.You will not only learn the tools and techniques of the stock market, but you will also get to know the philosophy behind making money.
#6 – Stock Investing for Dummies
by Paul Mladjenovic
Stock Investing for Dummies is a great resource for anyone interested in investing.
Pick this book up if you want to learn stock investing most rationally. This best money market book is certainly not for people who have advanced knowledge in stock investing, but individuals who are new to the business can learn a lot from this book. This book can be a great primer for more advanced stock investing techniques. If you want to read anything on stock investing for the first time, pick this book up.
Best takeaways from this top book on money market
- The language is lucid. Even the kids can understand stock investing if they read this book.You will learn about incorporating stocks in the portfolio, balancing risk & reward, and exploring new investment opportunities.It’s a perfect beginner guide for stock investing.
#7 – One Up on Wall Street:
How to Use What You Already Know to Make Money in the Market
by Peter Lynch & John Rothchild
This book needs no elaboration. It’s a masterpiece and has been followed by many stock investors over the years.
This top money market book emphasizes that you need no additional knowledge to succeed. All you need is the application of common sense. Even if this book was written many years ago, this is still relevant and adds tremendous value to the readers that decide to pick this classic. Even brokers and traders who have years of experience in stock investment come back to this book repeatedly.
Best takeaways from this best book on Money Market
- If you follow the step-by-step method laid out in this book, you don’t need to read anything else in stock investing.It’s lucid and written for common people. So you don’t need any extra-ordinary knowledge or skill level to read this book. But once you finish reading this book and start to apply, you will understand your extraordinary ability and skill to make money.
#8 – The Little Book of Common Sense Investing:
The Only Way to Guarantee Your Fair Share of Stock Market Returns
by John C. Bogle
This money market book focuses on the index fundIndex FundIndex Funds are passive funds that pool investments into selected securities.read more and why you should include index funds in your portfolio of investments.
It is written with regular readers in mind. It is not for years of experience, but they may use it as a refresher. The book starts with a parable, and as it goes along, it talks about ETF,The bond fund, also known as a debt fund, is a mutual fund that invests in bonds and other debt securities, pays dividends periodically and does not possess any maturity date. It generates a stream of income by investing in fixed income securities like government securities, bonds, debentures.read more bond fundsBond FundsThe bond fund, also known as a debt fund, is a mutual fund that invests in bonds and other debt securities, pays dividends periodically and does not possess any maturity date. It generates a stream of income by investing in fixed income securities like government securities, bonds, debentures.read more, and more. Even if this book has some great concepts and ways to make money in an investment, this is not a comprehensive book by any means. You need to pick up other books on investing in learning better. But this is one you can start with.
Best takeaways from this top book on Money Market
- The language is lucid, and it’s very easy to read through the entire book. Moreover, the book is formatted very well. The chapters are short, examples are many, and the presented data are neat and useful.There are many diagrams and examples used to illustrate each point. And you will get some sound investment advice.
#9 – A Random Walk down Wall Street:
The Time-tested Strategy for Successful Investing
by Button G. Malkiel
With 1.5 million copies sold, this book is the go-to guide for investment. Let’s have a glance at the review and the best takeaways.
This book is the best book ever written on investment. At least, this is what many experienced professionals of Wall Street think. But this book is not for beginners, but even if you’re a beginner, you can attempt to read it. If you don’t understand, learn the terminology or the concept elsewhere. If you follow this book’s advice, you will see a drastic difference in the way you invest and manage your portfolio.
Best takeaways from this book
- You will begin to appreciate the investment opportunities in emerging markets once you read this book.You will also learn about smart-beta funds, the new gimmick of the investment industry.Moreover, you will learn almost everything you need to learn in stock investing.
#10 – The Elements of Investing:
Easy Lessons for Every Investor
by Burton G. Malkiel & Charles D. Ellis
This book is written for regular readers by the most influential finance thinkers, Burton G. Malkiel & Charles D. Ellis.
This book is one of the best books ever written for the regular investor. But even if you have a few years of experience, you can read this book. The book’s readers have mentioned that the principles in the book will enable you to become financially independent. You can read and reread and will learn a great deal about investment.
- It’s written very lucidly, and even kids will understand stock investing after reading this book.You will learn to focus on the long term instead of marketing fluctuations.This book is one of the books you will keep going back to every year if you’re sincere about investment and making money.
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