The 3 investing books, that helped shape the investor I’ve become are: 📘 The Intelligent Investor (Graham) 📗 A Random Walk Down Wall Street (Malkiel) 📕 The Little Book of Common Sense Investing (Bogle) All say the same thing: Building wealth isn’t about luck 🍀 it’s about habits 💪🏻 Here are the 5 things that really matter to me: 👇 1️⃣ Keep costs low High fees quietly kill compounding. Every dollar in fees is a dollar that can’t grow for you. 👉 Choose low-cost ETFs or index funds. 2️⃣ Stay invested The secret isn’t timing the market, it’s time in the market. Volatility is normal. Consistency is power. 3️⃣ Know what you own Understand how your investments make money. Graham called it your “margin of safety.” 4️⃣ Diversify Don’t bet it all on one thing. Bogle said it best: “Don’t look for the needle. Buy the haystack.” 5️⃣ Control your emotions The market swings, your job is not to. Patience and calm outperform panic and hype every time. 💡 Remember: You don’t need to have money to start investing, you invest so your future self has money. Don’t forget that fractional shares add up quickly!! Start small. Stay steady. Let compounding do the rest. 💫 What are your favorite investing books? What is your biggest tip for being a successful investor? At what dollar value invested did you really feel the change in rate of net worth growth? For me it was $100,000.00.
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29 Comments
Enid Vadeanu@enidv · 10mo
My favourite book is “Beat the bank”. After reading this book I pulled all our money from mutual funds to DIY investing.
Catherine @ffcatherine · 10mo
Great post as usual Lisa! When I first started taking control of my finances the belief was the markets were a casino & you had to own real estate & maybe a little silver & gold (not too much as it doesn’t produce cashflow) I read all of the Robert Kiyosaki books but one that stood out was the cashflow quadrant … The idea that as an employee your earning potential was limited to the hours you traded for a paycheck which the government took their share first vs the investor that bought cash producing asset such as rentals where you deducted business expenses before the government took their cut (more $ left in your hands after tax) … Also the psychology of money was a big one where how we respect money, believe in abundance etc changes how money flows to or from you. When you tell the universe that you’re bad with money that belief becomes realty & vice versa I’ve never been good at graphs etc but i understand & embrace concepts in a deep level & that mind set is probably what got me to where I am despite all odds
Rudy Nusta@rnusta · 10mo
My favorite (and very slow to digest) book now, it's the second time I am reading it just to understand it better (and may give it a third read).
DM @dmomo · 10mo
These are the posts I like to see on Blossom. Big thumbs up from me. What dollar figure for me? Tbh, I was working so hard in my 20-30s. I was too busy putting my head down at work and on my portfolio to see the bigger picture. I looked up one day and realized that my passive income was greatly exceeding my expenses. My portfolio has just exploded since. The past 10 years has just been incredible.
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