35 Best Investing Books for Beginners

Finding the best investing books for beginners can be difficult because there are many options for investors with different levels of experience. 

Investors are just starting to need different kinds of books and information than those who are more experienced. That's the way things are!

Investors at each level should learn different skills. Beginner investors need to know the basics of value and trading, while intermediate investors should work on improving their ability to analyze.

Professional and more experienced investors often want to learn new tips and ways to look at the market.

No matter how much you know about investing, the best books and guides can help you learn new techniques, make better financial decisions, and move up to the next level.

Let's look at a few amazing books about investing that you should add to your collection.

List of 35 best investing books for beginners

1. Reminiscences of a Stock Operator by author Edwin Lefèvre

Undoubtedly, this should be one of the first books investors and traders need to know about the stock market. Even though it's about a speculator, it has lessons for anyone who works in any market. 

The story occurred in the 1890s and 1920s when the stock market started. It is available as if Jesse Livermore, seen by many as the best trader of all time, wrote it in the first person. 

Even though the way the market works has changed a lot, there are still many things that haven't changed. The story talks about the many ways traders still get caught. Jesse Livermore went bankrupt more than once, mostly because he used too much debt. 

The story also talks about how insiders can change the prices of stocks. You will find the book one of the best-investing books you can read if you want to learn about bubbles, how crowds act, speculation, and the value of paper trading.

2. One up on Wall Street by Peter Lynch

One up on Wall Street is one of the easiest stock investing books to read. 

During the 1970s and 1980s, Peter Lynch ran some of the best mutual funds. When he quit his job in 1989, he wrote the book. Most lists of the best books about investing will include this one.

During his career, Lynch was known for how well he invested in companies that grew. Ten bagger and multi-bagger stock are both named after him. He shows you how to determine if a growth stock is a good investment without getting caught up in the hype.

But the book will also teach you how to find companies that other investors aren't paying attention to. He also talks about picking stocks by looking for companies you already know. 

The book also talks about investing in companies that are growing quickly and companies that are not growing at all. It also talks about what investors should do during a crash in the stock market.

3. The Intelligent Investor by Benjamin Graham

Warren Buffett says that The Intelligent Investor is one of, if not the best, investment book he has ever written. Benjamin Graham wrote Security Analysis in 1934 and The Intelligent Investor in 1949. He is often popular as the "father of value investing." 

Graham says that the first thing investors need to do is tell the difference between speculation and investing.

The rest of the book gives useful tips on how to value a company, invest with a safety margin, and use "Mr Market's" irrationality to your advantage.

Jason Zweig, a writer for the Wall Street Journal, has made several changes to the book. If you think of yourself as a value investor, this is one of the books on investing you must read.

4. Common Stocks and Uncommon Profits by Philip Fisher

Some of the best investment books give advice that makes sense and is easy to follow. The goal of Common Stocks and Uncommon Profits is to do just that. 

Philip Fisher was a good money manager. From 1931 to 1999, he ran his own business. His book, which came out for the first time in 1958, is just as important now as it was then.

The book says it is better to hold on to stocks for a long time than to try to time the market. It also tells you how to find the information you need to make investment decisions. 

Plus, it also gives 15 things to look for in a company and ten warning signs and reasons to stay away from certain stocks. Common Stocks and Uncommon Profits is a great book for anyone who wants to learn more about investing.

5. The Little Book of Common Sense Investing by author John C. Bogle

Exchange-traded funds are the best way to start investing because they are easily understood (ETFs). 

When you first start investing in ETFs, The Little Book of Common Sense Investing is the best book to read. John Bogle started the company Vanguard. 

Vanguard was the first company to offer an index fund. Vanguard is the biggest company that makes ETFs and does index investing.

The book does a great job of explaining the benefits of passive investing, diversification, and allocating assets. It also talks about how management fees and taxes affect returns over the long term. 

Bogle's book is one of the ideal investment books you can read to learn the basics of investing that are often not easy to use.

6. Fooled by Randomness by Nassim Taleb

One of the best books about investing that isn't really about investing is fooled by Randomness. In his next book, The Black Swan, Nassim Taleb made the term "black swan" well-known. However, many people think this book is a better one for investors. 

Fooled by Randomness is about how luck and chance affect our lives. It talks about how people often blame their success on their actions or behaviors when, in reality, luck plays a bigger role.

If you only think about people who win the lottery and don't think about those who don't, you could say that all you need to do to get rich is buy a lottery ticket. The same rule applies to many parts of life, such as jobs, new ideas, and money. 

The book also shows how people see patterns when looking at random things. Well, this is also true when it comes to investing.

7. A Random Walk Down Wall Street by author Burton Malkiel

Burton Malkiel wrote this book in 1973, which is still a classic among books about investing. The book came out in its 12th edition in 2019. 

A Random Walk Down Wall Street busts some common myths about investing. They make it possible by showing that most price changes are random.

He says that technical and fundamental analysis is wrong and causes trading costs that don't need to be there. In short, Malkiel thinks that few investors will do better than those who buy and hold. 

Even though index funds were pretty new when the book was available, most investors would do best with them.

8. Thinking Fast & Slow by author Daniel Kahneman

The book, Thinking Fast and Slow is an excellent investing book you can read if you want to learn how people make financial decisions. 

Daniel Kahneman is one of the smartest people in behavioral economics and making decisions. For his work on prospect theory, he won the Nobel Memorial Prize in Economic Sciences in 2002.

This book looks at how the mind works when making decisions. Kahneman says, in particular, that people use two different ways of thinking to make decisions. 

The first one looks for patterns and makes quick decisions based on those patterns. The second one is harder and takes more time and thought.

When the outcome of any decision is important, like when investing, we need to figure out which system works best. The book will help you decide if you should go with your gut or follow a set of rules.

9. The Behavior Gap by Carl Richards

The Behavior Gap is a book about personal finance and how people spend their money. Carl Richards is a financial planner who wrote the book to show how people mess up their cash. 

Even though it's not really a book about investing, it does a good job of showing how investors can hurt their own investments.

Richards says that the difference between the returns on investments and the returns on investors is a "behavior gap." In other words, few investors often end up with certain lower returns than the funds they put money into because of what they do. 

He says that the best way to invest is that investors should let their money grow over time. The Behavior Gap is undoubtedly one of the best books on investing for people who have never invested before or want to become investment advisors.

10. Rich Dad Poor Dad by Robert Kiyosaki

The perfect book Rich Dad Poor Dad, is about how to get your money to work for you. Part of it is about investing, and another part is about how we think about money and wealth. 

Kiyosaki compares how a rich person and a poor person spend, save, and invest their money. In the book, Kiyosaki says that poor people work for money while rich people make money work for them. 

Kiyosaki says that real estate and dividend investing are the best ways to make money. Rich Dad, Poor Dad, is more of a personal finance book than an investment book, but it's still worth your time to read.

11. Poor Charlie's Almanack by Charlie Munger

Since 1975, Charlie Munger has partnered with Warren Buffett at Berkshire Hathaway. Both men are well-known for their advice on investing and life in general. This book is a huge collection of 11 speeches Munger gave over 30 years ago.

There are so many good ideas in Poor Charlie's Almanack that they can't get all summing up here. But you'll learn a lot about how successful investors think. 

In short, you need to be unbiased and look at every side of a situation. You also need to have a broad mind and know a lot about many different areas. 

In short, this is one of the best books on investing you can read to learn how to think like a long-term investor who does well.

12. Market Wizards by Jack D Schwager

Jack Schwager has written four major Market Wizards books in the last few decades. Each book in the series is a collection of interviews with fund managers and traders from different backgrounds. 

All four major Wizards books are simply worth reading, but the first one, written in 1989 and just called Market Wizards, stands out among trading and investment books. This book has 16 interviews people who run investment funds or trade stocks. 

Market Wizards shows how many best traders and investors have similar traits. At the same time, it even indicates that each successful trader has their way of doing things. Methods include fundamental analysis, market timing, and following trends. 

Some participants focus on market stocks, bonds, or currencies, while others are happy to make huge money wherever they can, including cash, the stock market, and the occasional gold investment.

Some of this book's strategies and techniques are a little outdated because they were written in 1989. However, many of the more general ideas still work. 

13. Andrew Tobias's "The Only Investment Guide You'll Ever Need"

This book is a superb place to start if you are just investing. You'll get great advice on what to avoid in the financial world and how to save and support the future. 

Tobias has an amazing sense of humor, so the book is still fun to read, even if finance and investing aren't your favorite topics.

The 1st edition of "The Only Investment Guide You'll Ever Need" came out in the 1970s. It's a good first step toward becoming an informed investor.

14. Richer, Wiser, Happier: How the World's Best Investors Win in Markets and Life, by William Green

This book by William Green was published in 2021 and has quickly become known as one of the best books on investing. 

Green talks about famous investors like Mohnish Pabrai, Howard Marks, Charlie Munger, and Nick Sleep and shows what lessons you can learn from each.

Many of the investors profiled have things in common, like being independent, strong, simple, and able to think clearly. 

It explains how these great investors got rich, and the different ways they did it are inspiring. Thus, the book is full of lessons about how to be successful in investing and in life.

15. Joel Greenblatt's "The Little Book That Beats the Market"

In the 1980s and 1990s, Joel Greenblatt was in charge of a hedge fund and made about 50% yearly. Since then, he has taught and written books to help others get better investment returns.

In "The Little Book That Beats the Market," Greenblatt explains how to find great undervalued businesses. The math in the book is easy and written, so anyone can easily understand it. 

Whether or not you use the formula, the book is one of the best at explaining how and why a simple strategy can give you great returns over time.

16. The Psychology of Money: Timeless lessons on wealth, greed and happiness, by Morgan Housel

Even though it doesn't just talk about investing, "The Psychology of Money" is a great and useful book that shows how people make decisions about money in many different ways. 

Economists and financial experts often assume that people logically make decisions about their money, but we know this is far from the truth.

Housel uses 19 short stories to show how people act when making money decisions and how to think more clearly about your financial journey. 

If you know about the many things that can stop you from reaching your financial goals, you might be able to avoid them and learn how to handle your money better.

17. Clever Girl Finance by Bola Sukunbi

Women are one of the groups that the financial industry doesn't help enough, and this book tries to fix that by being clear and easy to understand. 

It doesn't try to impress readers with complicated topics but instead focuses on what you need to know to start investing.

You'll learn how the stock market works and about important ideas like inflation, compound interest, and the rule of 72. Once you know the basics, the book is mostly about how to do research on investments and where to buy them.

To be an expert investor in the stock market, don't forget to read this valuable book!

18. Security Analysis by Benjamin Graham & David L. Dodd

Over a million people have read this classic guide to investing in the last 60 years. And it's easy to see why! This long, detailed book on money has advice that will always be useful.

Ben Graham and David Dodd watched as powerful businesses and investors dealt with the Great Depression. They kept watching during the years it took to get back on their feet and then during World War II. What they saw gave them important lessons for investors in the future.

Graham, sometimes called the "Dean of Wall Street," gives away many of his investing ideas in this book. 

He and Dodd are honest about what they want to do. They want the average person to be able to make good money. Well, this is clear from the almost 1200 pages of text.

This book will be on the shelf of any good financial advisor. So, this is a good book to read if you want to learn how to invest.

19. I Will Teach you to be Rich by author Ramit Sethi.

In 2013, Forbes called Ramit Sethi, a "wealth wizard." We agree with the name in every way. Sethi promises in this book that you can spend freely on the things you love and still get rich.

Sethi breaks down his plan into a useful 6-week guide, even though it sounds too good to be true. He shows people how to get rid of college debt, set up bank accounts with no fees, and talk their way out of paying late fees.

He also shows them how to make an investment plan they can set and forget. The goal is to make money without constantly having to think about it. 

This book might not be for investors who already know a lot. But it's a great guide for people who want to start investing and get out of debt. We love it for people who just got out of college or are trying to get out of credit card debt.

20. Fail-Safe Investing by Harry Browne

You can learn something useful about money in less than thirty minutes. Harry Browne says that's what people will get in his investment guide. Harry Browne wrote books, advised investments, and ran for office. His name may be familiar to you. 

He ran for president twice for the Libertarian Party (1996 and 2000). And the 12 books he wrote sold more than 2 million copies each. Most of them were about how to make money.

In this short book about investing, Browne talks about how to get rich from your job. He also talks about how to make a safe portfolio and how to use tax-cutting plans.

You can plan for a stable financial future without having to spend a lot of time or learn a lot. It's a great book for people who want to know about money quickly and easily from an experienced investor.

21. Principles by Ray Dalio

Ray Dalio lays out his rules for investing and living in his book that became an instant best-seller. 

Dalio spends the first half of his book telling his humble and inspiring story of how he got started. Then, he takes what he has learned from his life and turns it into a set of basic rules that you can use in your own life.

This book contains many lessons from a brilliant business owner and master investor. They are available on two main ideas: radical truth and transparency.

Dalio shows how to make important decisions in life and money based on these two pillars. The book is great for learning how to run a business, but the advice is also useful on a personal level.

22. Your Money or Your Life by authors Joel Dominguez & Vicki Robin

This book has a 9-step plan to help change your feelings about money. Instead of focusing on strict budgets that few people can follow, Dominguez and Robin teach their readers to be more aware of how much money they spend. 

They also talk about how to get out of debt and what you need to know to start investing. It does a good job of teaching people how to handle their money well. 

This book is perfect if you need help managing your own money. And if you have any debt, the tips will be very helpful. We recommend it to people who want to get their money for the first time.

23. The Four Pillars of Investing by author William J. Bernstein

Read the Four Pillars of Investing first if you want to build a portfolio without hiring a financial advisor. Bernstein's practical approach to building a portfolio has been helpful to investors over the past ten years. 

The book discusses the risks of choosing stocks by hand instead of investing in the whole market. The author also talks about why the way you think is important when making good investment choices. 

Plus, he explains why his method often does better than portfolios that professionals manage. And he tells you how to handle all your assets, including your 401(k) as if they were one big account.

So, if you want to simply learn how to build and manage a portfolio that makes you money, The Four Pillars of Investing is the book for you.

24. The Essays Of Warren Buffet

You may have noticed that the name "Warren Buffet" has been mentioned a lot, and you must also know what a great person the author is. He is also the best and most successful investor in the history of the modern world.

Additionally, this is one of the best books ever written about investing. It is a work of art. This book is a collection of Berkshire Hathaway CEO Warren Buffet's letters and some of his other writings.

The book also discusses several important topics that may help you find all the answers to your question.

They talked about money, how businesses are run and investing. It is the best book for people who are just starting investing and want to do well.

Also, this book gave him the investing principles that helped him become successful and get to where he is now. Also, you can learn a lot about how corporate finance works in the modern world from his writings.

25. Think and Grow Rich by Napoleon Hill

As you can see, this book's title gives you a lot of reasons to want to read it. This book still has a market value, but today's young people get more out of it.

This book looked at all the different points of view, the psychology of success, and how people's own beliefs and points of view affect their success in life.

The author has studied this area of investing for more than 20 years and has talked to many famous or wealthy people to learn more about it. He also wrote this based on research he did himself.

26. The Coffeehouse Investor by Bill Schultheis

The Coffeehouse Investor by Bill Schultheis is mostly for people who are afraid of the stock market area.

This book is mostly about how to make your investment decisions easier to understand. Through this book, you can take yourself to the next level because you don't have to think about how much money you're driving on the stock market. 

This book makes it easy to understand everything you need about the stock market. So, this book can help many people who want their work to be successful immediately.

27. The Simple Path to Wealth by JL Collins

Collins's approach is all about saving and investing principles, and he provides readers with easy-to-follow instructions on how to get started.

He also gives good advice on keeping going when things are hard, and you might want to give up.

The main ideas in the book are about things to avoid, how to save money and live frugally, how to invest in the stock market, and how to use "F-You Money," which is money you can use to be risky and take chances.

Well, this isn't a way to get rich quickly, so it's important for anyone who wants to invest and feel safe about their choices.

28. Quit Like a Millionaire by Kristy Shen and Bryce Leung

We love how the authors use their own lives to show that anyone can become financially independent if they are willing to make some sacrifices and follow a few simple rules.

One of the most important rules is spending less than you make. Hence, this is something you hear often, but this book shows you how to make it happen.

The authors say that you should make changes to your life to help you save as much money as possible. Through this book, you will quit your day job and live off your investments eventually.

They also emphasize investing in index funds and low-risk vehicles to grow your wealth. Thus, they make it quite easy, and sticking to your plan can be easy.

29. Trading Options for Dummies by Joe Duarte

Options trading can be a complicated and risky way to invest. But it can also be a powerful way to make money or protect your portfolio's value. This book is a great place to start if you are new to trading options.

It talks about the basics of trading options in a way that is clear and easy to understand. Duarte starts by talking about opportunities and how they work. He then talks about the different options contracts and how they can help you reach your financial goals.

In case you are a beginner at investing or have been doing it for the past few years, this book will help you make more money and feel safer during what can be a wild ride.

30. Unshakeable by Tony Robbins

Unshakeable by Tony Robbins has everything you need to know about how to get out of debt and be financially free. Robbins lays out a step-by-step plan for achieving financial security in this book. 

He gives practical advice on everything from investment strategies to building a good relationship with money.

Robbins explains complicated ideas in a way that's easy to understand, whether you're just starting out on your path to financial freedom or are already well on your way.

Unshakeable has a lot of useful information and insights, and exercises that will help you put what you've learned to use.

31. Smart Money Smart Kids: Raising the Next Generation to Win with Money by Dave Ramsey

Dave Ramsey is a well-known financial expert who has helped many people get out of debt and build wealth. In his book Smart Money, Smart Kids, Ramsey advises parents who want to teach their kids how to handle money wisely.

Ramsey starts by talking about how important it is to be a good example. If parents always fight about money or buy things on the spur of the moment, their kids are likely to do the same.

Instead, parents should try to manage their money well, and their kids will do the same. Ramsey also says that giving kids an allowance is important because it can help them learn how to budget and save money.

Also, he thinks kids should learn about different financial institutions, like banks and credit unions.

32. MONEY: Master the Game by Tony Robbins

Tony Robbins makes it easy to understand the basics of investing and financial planning in his book MONEY Master the Game. He also tells people what steps they can take to achieve their financial goals.

This book is a great choice for people just starting investing because it has advice that can be available immediately. 

He also talks about different best investors in the world, so you can learn from what they've done. Each one had its way of doing things and plans. It shows that there is no one "right" way to invest but that there are many ways to do well.

33. Who Took My Money? By Robert Kiyosaki

The best-selling author talks about how fast money moves in this book. This alternative method puts more emphasis on cash flow than net worth. 

Robert talks about how to make more than one source of income and how important it is to protect your assets.

This book is a great choice for people who are just starting and want to learn about making money from a different point of view. He shows how investing for capital gains is different from investing for income.

He also explains how to make "phantom income" using "other people's money." Instead of investing for retirement, he shows people how to get assets quickly so they can live the way they want now.

34. The Big Payoff: Financial Fitness for Couples by Sharon Epperson

Sharon Epperson has added real-world strategies to the book that can help you decide how to invest or determine how healthy your finances are.

The book is an easy-to-read guide for couples who want to take control of their finances. It also has advice on how to avoid investment counselors who aren't helpful or are expensive.

Sharon has made a plan that all couples can use to figure out what they want to do with their money.

In short, The Big Payoff has a lot of useful information and concrete steps to help people get their finances in order. It talks about how to stretch a budget, make smart investments in the home, protect the family's finances, and build wealth. 

The book is great for couples who want to learn how to build a safe financial future and make important decisions like changing jobs, buying homes, and planning for retirement.

35. The One-Page Financial Plan by Carl Richards

In his book The One Page Financial Plan, Carl Richards shows how to make a simple, effective financial plan that isn't long or complicated.

He says that a good plan is all about why you should save and invest your money. No matter how the market is doing, you can make better decisions if you know what is important to you.

The One Page Financial Plan will teach you how to figure out what your goals and values are and how to prioritize them. It will also show you how to get where you want to go. 

This book is for you if you find it hard to understand all the financial jargon and advice. Carl Richards boils down the main ideas into something easy to understand and fun to read.

Final thoughts

Most of the time, the best books on investing don't talk about specific investment strategies. Instead, they discuss general principles that apply to different investing styles, time frames, and asset classes.

We exchange knowledge with one another and read a lot of books. We frequently get requests for recommendations for the same. You'll get millions of search results for financial books when you search Amazon.com. You will undoubtedly become confused about where you are on the globe and where you are going.

There are also investment books that focus on specific ways to invest. However, the books on this list will give you a broad foundation regardless of your investment.