Here's the next installment from top personal finance bloggers offering their single-best financial book they've ever read. Today, we'll hear from Jim at Blueprint for Financial Prosperity who says:
"My parents never taught me anything about the financial markets and so until I found "The Motley Fool Investment Guide," I knew, basically, nothing. This book is a must-read for every stock market novice who wants to learn about how to analyze a company's fundamentals to make smart stock picks. They also push forth a good idea, that "buy and hold" is a smart trading strategy that is better for a novice than churning and day-trading. If nothing else, you'll at least learn that buying an index fund beats out any mutual fund a vast majority of the time.
While not as comprehensive and in-depth as more advanced books, I think anyone can pick up this book, read it, and come away with a tremendous amount of information that will help them demystify the markets. Secondly, I also recommend folks check out the Motley Fool website as it has carries the same irreverent humor and "down to earth"-ness that they have come to be known for."
I'm a big fan of the advice given by the fools. I'm going to check this book out. (literally) ;-)
Click here to read part 10.
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