Books
Every business in the world needs employees to succeed. However, for them, it isn’t as easy as hiring employees. Businesses must also know how to effectively and efficiently manage their employees. The process of managing employees is known as Human Resources Management (HRM).
HRM consists of different aspects of dealing with employees such as recruitment, compensation, performance management, communication, training and development, safety, benefits, motivation, and much more.
A proper HRM process in a business can have many benefits. First of all, it can help increase the productivity and motivation of employees, thus, increasing the profits of the business as well.
Similarly, it is important because it helps produce employees that can adapt to changes and develop to benefit the business.
Likewise, a proper HRM process can also help in retaining employees for the long-term, thus, saving costs related to recruitment and training. These are only a few examples of how HRM can be beneficial to a business.
The HRM process of business also requires competent managers to be effective. While there are many ways that managers can use to gain knowledge related to HRM, the best way is to obtain it through books. Below is a list of the five best HRM books that they can use.
The Essential HR Handbook is a book written by Sharon Armstrong and Barbara Mitchell, both of whom have respectable experience in the HR field. The book is one of the best books for all levels of readers as it discusses the basics of HR in a very easy to understand and jargon-free language.
It also discusses topics related to all aspects of HR. Whether the reader is new to HR or a seasoned professional, the book has valuable knowledge for them.
It also has many tools, tips, checklists, and roadmaps to guide managers through different HR issues. Overall, it is the go-to book for many HR managers.
The “For Dummies” series of books is one of the best series out there. People Analytics For Dummies, written by Mike West, is a superb read for HR managers. The book discusses how to create a successful workforce through the study of employees.
The book further discusses how to collect data, analyze it and then apply any findings to create a better, more engaged workforce.
The book also discusses the reason behind high employee turnover and other employee-related issues in a straightforward manner. Overall, it is a superb book for managers looking to develop HR strategies.
HR on Purpose is a highly-rated book on HRM written by Steve Browne. The author is a well-known writer, speaker and thought leader on Human Resources Management for over 30 years. This book discusses HRM through engaging real-life examples, insights and epiphanies.
It also motivates managers to not rely on preconceptions of HR and focuses on making HRM better. The book has a casual feel to it, which makes it an interesting and appealing read for managers of all levels.
It also tries to bring purpose and passion to the work of managers by encouraging them to rethink their approach. Overall, HR on Purpose is a highly recommended book.
Standout HR is an HRM book written by Vero Vanmiddelem. The book describes what managers need to redesign their HR strategy to be successful and create added value to their businesses.
The book takes managers through a journey, by first helping them gain insight into the basic HR model.
Next, it helps them understand and use specifics of their internal building blocks to develop their own HRM strategies. Finally, it helps them learn about an approach to covert their strategies into reality.
It also provides a specific case study to help managers learn from practical experience. Overall, the book is great for HR managers.
The HR scorecard is the final book on the list written by three experts of the HR field, Dave Ulrich, Mark A. Huselid and Brian E. Becker. The authors use their ongoing study of 3,000 firms to describe a seven-step for incorporating HR systems within the overall strategy of a business, which they call the HR Scorecard.
The book further explains how to measure the activities of the process in a compelling way. The HR Scorecard describes a new method to deal with HRM, which managers can use to their advantage.
Conclusion
Businesses depend on their employees for success. Therefore, they need to have a proper Human Resources Management process to manage their employees.
The best way to gain knowledge about HRM is to use books. A list of five of the best HRM books provided above can help managers narrow down their options when it comes to HRM books.
Books
Business planning is a crucial aspect of managing businesses efficiently and effectively. In particular, when it comes to small businesses, business planning is essential. Whether it’s the owners or the managers of a small business, they must understand the proper methods to develop a business plan.
It can help both the business and them achieve what they expect from it. Similarly, business planning can have many benefits, apart from efficiency and effectiveness.
While there are many resources where business owners and managers can gain knowledge regarding how to make a business plan for small businesses, the best way to obtain knowledge is through books. Books can help them understand what they should do to achieve better results.
A list of the five best business plan books for small businesses provided below can help them narrow down their options. Although these books are useful for small businesses, they can still help businesses of all sizes.
Business plans are necessary for businesses of all sizes, whether small or large. The One Hour Business Plan for Starting a Small Business is a book written by Marc Roche.
Although the book generally discusses steps entrepreneurs should take before starting a business, it can also be helpful for owners with already established small businesses.
The book helps owners of small businesses understand what their business is about, how it can achieve its objectives, where it can generate money from, and how to gain a competitive edge.
More importantly, the book focuses on helping owners develop a solid business plan, which is an essential part of any business and can help them with many aspects of it.
Business Plan For Dummies is written by Paul Tiffany, who is a senior lecturer at the Haas School of Business at the University of California, Berkley. While the book is not specific to small businesses, it is still helpful for businesses of all sizes.
The book can help small business owners identify and approach financial backers, such as banks, venture capitalists, angel investors, etc. It also helps them clarify their business mission, vision and values. The book also describes methods for business owners to analyze the industry and competition of their business to strengthen their business.
However, the book does not stop there. It has information related to all aspects of a business and is a superb read for small business owners.
The Small Business Strategic Planning Workbook for 2020 is a superb book for small business owners. The writer of the book is Dave Ferguson, who have over 30 years of coaching experience with people in the business.
Although technically not a book, this workbook takes small business owners through the strategic planning process of a business. It also provides them with financial, staffing, marketing and project goals for the coming year.
In the 2020 edition, a new chapter in the workbook addresses some scenarios that business owners can expect to happen in their businesses. The workbook asks questions from small business owners that can significantly help them clarify their goals and objectives.
Successful Business Plan is the bestselling business plan guide of all time. The author of the book Rhonda Abrams has helped millions of entrepreneurs around the world launch and grow their successful businesses.
The book provides an essential step-by-step guide for entrepreneurs to launch their business or for small business owners to expand their businesses. It achieves that through expert help, worksheets, a sample business plan, tips on impressing investors, and much more.
Many successful entrepreneurs highly recommend this book. Furthermore, over 1000 business schools worldwide use the book. Overall, the book is a superb read for business owners, especially small business owners.
The Complete Book of Business Plans is a book written by Joe Covello, who is the founder of a firm that specializes in business planning and finance, and Brian Hazelgren, who has helped many entrepreneurs achieve their dreams.
The Complete Book of Business Plans discusses business plans in a very straightforward manner. However, the book still provides business owners with many different brand-new business plans that can help them attract and financing.
The book focuses on all types of businesses, whether small or large. Similarly, the book is written in very easy to understand language, therefore, making it accessible to a wide audience. Overall, the book can be helpful to small business owners.
Conclusion
A business plan is an essential part of any business, especially for small businesses. Therefore, the owners or managers of small businesses must understand how to achieve that.
The best way for them is to obtain knowledge regarding the business plan from books. They can use a list of five best business plan books for small businesses given above.
Books
Risk management is a fundamental part of any business. Risk management includes carrying out decisions that minimize the risks associated with various aspects of a business. There are several reasons why a business might want to manage its risks. These reasons may include saving resources, protecting its goodwill or brand, protecting its stakeholders, preventing legal disputes or even protecting the environment.
The responsibility to manage the risks of a business falls on its management. Usually, risk management starts at a strategic level and breaks down to compensate for the operational needs of a business. It means that all levels of management will take part in its risk management. Therefore, managers must understand the concept of risk management. Similarly, managers need to read actual cases of risk management to get a better understanding and develop an idea of how to apply risk management practically.
While there are many ways to gain knowledge related to risk management, the best way is to acquire it from books. There are many books that managers can use to obtain knowledge about risk management. A list of the five best business risk management books is as below.
Against the Gods is one of the best books regarding risk management. It is a Business Week, New York Times Business and USA Today Bestseller written by Peter L. Bernstein, who was a financial historian, economist and educator. The book examines the study and the notion of risk completely. The book is divided into five different eras and describes the concept of risk and risk management in those times. It also gives details about how probability and statistics came to be known and understood. Overall, the book is a superb read for managers who want to learn the history of risk management and how it has evolved.
The Essentials of Risk Management is a book written by Michel Crouhy, Dan Gali and Robert Mark. The book is a great read as it describes the basics of risk management in easy-to-understand language and focuses on both professional and non-professional readers. Furthermore, the book provides the latest methods for measuring and transferring credit risks, increasing the transparency of risk management within a business and implementing an Enterprise Risk Management approach throughout the business. Apart from these, the book also explains transition and introduces the new regulatory framework. It also discusses other topics such as corporate governance, stress testing, scenario analysis and much more.
Risk Management and Financial Institutions, written by John C. Hull, is another great book that discusses all aspects of financial risks and financial institution regulation. The book can help readers better understand the financial markets and their associated risks. It also contains information about how various financial institutions perceive risk and their approach to risk management. Furthermore, it describes the most current regulatory issues that deal with risk. The book focuses on all levels of readers, whether they are beginners or professionals in the field. Overall, the book is an excellent read for managers looking to deepen their knowledge of risk management.
Financial Risk Management for Dummies is a part of the great “For Dummies” book series. The writer of the book is Aaron Brown, who is a bestselling and well-known risk management writer. The book is concise but still manages to discuss all the key aspects of risk management, which includes measuring, managing and communicating risks within a financial organization. The book also covers working as a financial risk manager and helps managers develop their own risk management strategies. The book focuses on readers of all levels, but it does not mean that there is nothing for professional managers in it. Overall, the book is one of the best books out there that discuss financial risk management.
Thinking, Fast and Slow is a book written by Daniel Kahneman. The book is a Major New York Time bestseller with over 2 million copies sold worldwide. The book is also available in many different languages. The book discusses two different ways of thinking, fast and slow and how these can affect the decision-making process of a business. The book also explains the concept of cognitive biases and how it can affect economics, stocks markets, risk assessment, among other things. While the book is not a typical risk management book, it is a highly recommended read for managers of all levels.
Conclusion
Risk management is a crucial part of any business. The responsibility for risk management ultimately goes to the managers of a business. Therefore, managers must understand the concept of risk management as it is necessary for all levels of management, starting from the strategic level down to the operational level. The best way to get started with risk management is by reading books. Managers can choose from a list of the five best business risk management books given above.
Bookkeeper, Books
There are many different books for bookkeepers that can provide them with a better understanding of their job. These books can not only help bookkeepers with technical aspects of bookkeeping but also give them some extra knowledge about how businesses work. Some of these books are much more detailed and go deep into discussing bookkeeping while some may also discuss other topics such as finances in general or investing.
Below is a list of five best books for bookkeepers. As mentioned above, while there are many other options available as well, these five books should cover most, if not all, of a bookkeeper’s needs.
Bookkeeping All-In-One For Dummies is the go-to book for all bookkeepers. The writers of the book are Lita Epstein, MBA and John A. Tracy, CPA. It is also a part of the all-time great “For Dummies” book series.
The book not only explains basic bookkeeping terms but also discusses the latest tools and technology used in bookkeeping. Furthermore, the book covers everything related to bookkeeping, such as keeping track of transactions, unravelling tax information, recognizing assets and year-end transactions.
The book is not only great for new bookkeepers but also provides information about the latest changes in bookkeeping to experienced bookkeepers. The book explains the whole bookkeeping process starting from how to record transactions, all the way up to preparing financial statements. It also has chapters related to cost accounting, taxes and budgeting, which can be of great use to bookkeepers.
Accounting for Small Business Owners is a book published by Tycho Press. It consists of all financial accounting related topics that small businesses may need. The book is knowledgable for both the owners of small businesses and bookkeepers who manage their accounts.
The great thing about this book is that it explains accounting related topics simply and straightforwardly. Furthermore, it can help bookkeepers in regards to accounting for money, payrolls, expenditures, marketing, selling and many other related issues.
The book also explains the full process of establishing an accounting system for small business from scratch, which can be useful for bookkeepers that want to study the basics of bookkeeping. Furthermore, the book contains definitions of basic accounting terms, sample financial statements and other tips and tricks to simplify the accounting process of a business.
Full Charge Bookkeeping is a book written by Nick J. DeCandia, CPA. The book focuses on businesses of different sizes and natures. The book starts with the basics of accounting for beginner bookkeepers and continues to discuss more intermediate and advanced bookkeeping topics.
The writer of the book is a CPA who also has experience with different levels of bookkeeping, which makes the book even more credible.
The author of the book has ensured that the book explains bookkeeping terms and topics in plain and simple English. Similarly, the book also defines all new terminologies in the body of the text and a glossary.
The writing style of the book focuses on explaining bookkeeping to high school graduates, but it can also be useful to full-time bookkeepers.
Accounting Made Simple by Mike Piper is another best book for bookkeepers. It has all the essentials needed for bookkeepers. The best thing about this book is that it is very concise and compact.
Currently, the book is ranked #2 on Amazon in the Financial Accounting books category, which also adds a great deal to the credibility of the book. The book explains various accounting terms in plain and simple English without using financial jargons.
Furthermore, the book contains an explanation regarding topics such as Accounting Equation, interpreting and preparing financial statements, ratio analysis, concepts and assumptions behind Generally Accepted Accounting Principles (GAAP) and much more. The book is relatively small but provides a vast amount of knowledge to bookkeepers.
Bookkeeping Essentials is a book written by Steven M. Bragg, CPA, who has been the CFO of four different companies. Bookkeeping Essentials is a valuable book for bookkeepers as it teaches them bookkeeping through the use of practical techniques. It also helps bookkeepers enhance their problem-solving skills with examples of daily problems and how to solve them.
The book also helps bookkeepers quickly pinpoint any problematic areas. Similarly, it provides them with an overall idea of what could go wrong and what they should do to fix it. The best thing about this book is that it teaches bookkeepers through the use of different practical examples in the form of tables, charts and ratios.
Conclusion
Books can be useful tools for bookkeepers looking to increase their knowledge or catch up with the latest changes in bookkeeping. There are different books that bookkeepers can use to achieve that. There is a list of five best books that bookkeepers can read, listed above.
Books
Money is an important part of our lives and many of us struggle to manage our finances due to lack of knowledge.
In this guide, we will share our pick of top 10 Best Money Books which will help you to manage your personal finances, debts and other financial related issues. Here is our pick of top 10 Best Money Books
Capital without Borders by Brooke Harrington
Brooke Harrington is an associate professor of economic sociology and in this book, the author reveals the secrets financial techniques used by rich people around the world.
A common person is getting poor every day while on the other elite class is getting richer despite the current financial crisis.
The author interviewed the professionals who manage the wealth of the world’s richest people: “The Wealth Managers”.
The authors interviewed the 65 professionals from 18 countries and provided a clever analysis on the basis of their interview.
It is one of the best money books available in the market and if you want to take control of your finances then this book is a must-read for you.
Here is the key information about the book from the author,
How do the one percent hold on to their wealth? And how do they keep getting richer, despite financial crises and the myriad of taxes on income, capital gains, and inheritance? Capital without Borders takes a novel approach to these questions by looking at professionals who specialize in protecting the fortunes of the world’s richest people: wealth managers. Brooke Harrington spent nearly eight years studying this little-known group―including two years training to become a wealth manager herself. She then “followed the money” to the eighteen most popular tax havens in the world, interviewing practitioners to understand how they helped their high-net-worth clients avoid taxes, creditors, and disgruntled heirs―all while staying just within the letter of the law.
Capital without Borders reveals how wealth managers use offshore banks, shell corporations, and trusts to shield billions in private wealth not only from taxation but from all manner of legal obligations. And it shows how practitioners justify their work, despite evidence that it erodes government authority and contributes to global inequality.
Harrington’s research offers the first glimpse into the tactics and mentality of a secretive profession that controls astonishingly large flows of capital around the world. Based on sixty-five practitioner interviews―conducted in the traditional financial centers of Europe and the Americas as well as the up-and-coming tax havens of Africa, Asia, and the South Pacific―Capital without Borders gives voice for the first time to an elite that has worked quietly and unobtrusively to enrich the one percent.
Financially Fearless by Alexa Von Tobel
Financially Fearless is the New York Times bestseller and it is authored by Founder & CEO of LearnVest which is a financial planning firm.
In this book, you will find useful guidance on how to invest your money. This book is unique from many other books because the author takes a practical approach.
It will help you to create your own customized financial plan which will fulfill your needs.
The authors also focus on basic concepts instead of complex theoretical concepts. If you are a beginner and looking for a good Money book then this book is for you.
Here is the key information about the book from the author,
It’s time to throw away all your old notions of what financial advice should look like. Because if you’re looking for a book to put you on an austerity savings plan that has you giving up vacations and lattes, you’re out of luck. But if you’re looking to get your finances in rock-hard shape–in less time than it takes to finish a workout–then Alexa von Tobel, Founder and CEO of LearnVest, has your back.
How? Through the LearnVest Program. First, you’ll take stock of where you stand today. Then, you’ll create your customized 50/20/30 plan. 50/20/30 simply refers to the percentage breakdown of how to spend your take-home pay each month. The 50 gets the essentials out of the way so you don’t have to stress about them. The 20 sets your foundation for the future, then the 30 is left to spend on the things that bring happiness to your life.
By the time you’re finished reading this book, you’ll walk away with a financial game plan tailored to your priorities, your hopes and dreams, and your lifestyle. And, because von Tobel and the team at LearnVest are experts at financial planning in the online era, you’ll also learn how to integrate your financial plan into your mobile, social, digital life. Like your own personal financial planner between two covers, this book will set you up for a secure, worry-free money future, without having to give up things you love.
So toss those old-school financial guides out the window, and get ready to start living your richest life.
Your Money or Your Life by Vicki Robin, Joe Dominguez, and Monique Tilford
Your Money or Your Life is one of the best Money books and it provides a unique perspective on personal finance.
The authors argue the contrary to the popular perception, one doesn’t need to be rich in order to lead a financially happy life.
In the book, the authors explain the 9 steps you can take to transform your relationship with Money.
The authors also explain how you can gain control of your money and begin to make a life rather than just a living. It is a great book for those people who are beginning to handle their own finances.
How to be a Billionaire by Martin S. Fridson
Martin S. Fridson is an award-winning analyst and he is also one of the founding fathers of the modern high-yield bonds theories.
In this book, you will learn the proven investing and market strategies which are used by the most influential billionaires of all time.
The author also explains the realistic approach on how to become a billionaire and how to take big but calculated risks. It is one of the best Money books available in the market and it is a must-read for beginners.
The Psychology of Investing by John R. Nofsinger
Many people believe the investment only requires planning and money but there is more. In this book, the author argues the behavior and psychological outlook also affect our financial decisions to a great extent.
The author also explains how successful investors behave, what is the reason and causes of their behavior.
This book will help you to understand how we actually think and how to identify our psychological pitfalls and how to overcome them. It is another great book for those who want to understand the psychology of investing.
Here is the key information about the book from the author,
While traditional finance focuses on the tools used to optimize return and minimize risk, this book explains how psychology can affect our decisions more than financial theory. Covering the ways investors actually behave, this is the first book of its kind to delve into the ways biases influence investment behavior, and how overcoming these biases can increase financial success.
Now in its sixth edition, this classic text features:
An easy-to-understand structure, illustrating psychological biases as everyday behavior; analyzing their effect on investment decisions; and concluding with academic studies that exhibit real-life investors making choices that hurt their wealth.
A new chapter on the biology of investment, exploring the latest research on genetics, neuroscience, and how hormones, aging, and nature versus nurture inform our investment behavior.
An additional strategy for controlling biases, helping readers understand the psychology that motivates markets and how to address it.
Experiential examples, chapter summaries, and end-of-chapter discussion questions to help readers test their practical understanding.
Fully updated with the latest research in the field, The Psychology of Investing will prove fascinating and educational for advanced students in investment, portfolio management, and behavioral finance classes as well as investors and financial planners.
How to Flip Houses with Little or No Money by Cody Sperber
Cody Sperber is a real estate expert, he has more than 1 million social media followers and he has flipped more than 1000 properties as a real estate investor. In this book, you will learn the secrets of real estate flipping from the expert.
In the boo, the author explains the fundamentals of successful house flipping which will help you to understand the subject and the author also reveals the ways which you can use for real estate flipping with limited funds.
If you are interested in the real estate business then this book is a must-read for you.
Here are the words from the author,
In 2010, I started a real estate investing educational company called Clever Investor (www.CleverInvestor.com) because I always wanted to be a teacher, and I loved sharing my passion for creative real estate investing. My educational company has grown in popularity because of the team of amazing people that work behind the scenes to support our growing student base.
As an investor, my education, creative business and marketing strategies, willingness to take calculated risks, and local power team were the reasons for my success. As an educator, I can’t take the same personal credits. It’s truly the Clever Investor team of mentors, business development consultants, and customer service agents that ensure our students have a world-class experience and quickly witness real results.
I wrote this book for you…the real estate entrepreneur that dreams of a better tomorrow. Take great pride in yourself for taking action on your passion for making money through real estate. Anything is possible as long as you stay focused, have a relentless thirst for knowledge, and surround yourself with positive, like-minded people.
While real estate investing is not easy… it can be simple as long as you implement proven strategies and systems into your business and work hard at staying positive.
In this book you’ll learn:
What real estate wholesaling is and how to profit
When, where & who can wholesale real estate
Locating sellers & properties (insider tips)
The art of conversion
Funding your wholesale deals
Case study resources
*And much, much more!
Thinking, Fast and Slow by Daniel Kahneman
Daniel Kahneman is a Nobel Prize winner in Economic Sciences and a well-known psychologist. In this book, you will learn how the thought process works.
The author explains how thought systems have two fundamental types and how balancing both types thought the process can help you to become successful.
The author also reveals how psychology and thought process plays a crucial role in our financial decisions. It is a highly recommended book for those who want to understand the psychology of investing and finance.
Here more information about the book,
Major New York Times bestseller
Winner of the National Academy of Sciences Best Book Award in 2012
Selected by the New York Times Book Review as one of the ten best books of 2011
A Globe and Mail Best Books of the Year 2011 Title
One of The Economist‘s 2011 Books of the Year
One of The Wall Street Journal‘s Best Nonfiction Books of the Year 2011
2013 Presidential Medal of Freedom Recipient
Kahneman’s work with Amos Tversky is the subject of Michael Lewis’s The Undoing Project: A Friendship That Changed Our Minds
In the international bestseller, Thinking, Fast and Slow, Daniel Kahneman, the renowned psychologist and winner of the Nobel Prize in Economics, takes us on a groundbreaking tour of the mind and explains the two systems that drive the way we think. System 1 is fast, intuitive, and emotional; System 2 is slower, more deliberative, and more logical. The impact of overconfidence on corporate strategies, the difficulties of predicting what will make us happy in the future, the profound effect of cognitive biases on everything from playing the stock market to planning our next vacation―each of these can be understood only by knowing how the two systems shape our judgments and decisions.
Engaging the reader in a lively conversation about how we think, Kahneman reveals where we can and cannot trust our intuitions and how we can tap into the benefits of slow thinking. He offers practical and enlightening insights into how choices are made in both our business and our personal lives―and how we can use different techniques to guard against the mental glitches that often get us into trouble. Winner of the National Academy of Sciences Best Book Award and the Los Angeles Times Book Prize and selected by The New York Times Book Review as one of the ten best books of 2011, Thinking, Fast and Slow is destined to be a classic.
Think and Grow Rich by Napoleon Hill
Think and Grow Rich is one of the best Money Books available in the market and it is highly recommended for those who want to learn from successful people. In this book, the author shares the insights gained after interviewing more than 500 successful people around the world.
Unlike other money books, this book has long-term plans which have higher chances of success. It is a must-read book for beginners and we recommend it.
Here is more information about the book,
This edition of Napoleon Hill’s Classic Think and Grow Rich is a reproduction of Napoleon Hill’s personal copy of the first edition, the ONLY original version recommended by The Napoleon Hill Foundation, originally printed in March of 1937.
The most famous of all teachers of success spent a fortune and the better part of a lifetime of effort to produce the Law of Success philosophy that forms the basis of his books and that is so powerfully summarized and explained for the general public in this book.
In Think and Grow Rich, Hill draws on stories of Andrew Carnegie, Thomas Edison, Henry Ford, and other millionaires of his generation to illustrate his principles. This book will teach you the secrets that could bring you a fortune. It will show you not only what to do but how to do it. Once you learn and apply the simple, basic techniques revealed here, you will have mastered the secret of true and lasting success.
Money and material things are essential for freedom of body and mind, but there are some who will feel that the greatest of all riches can be evaluated only in terms of lasting friendships, loving family relationships, understanding between business associates, and introspective harmony which brings one true peace of mind! All who read, understand, and apply this philosophy will be better prepared to attract and enjoy these spiritual values.
BE PREPARED! When you expose yourself to the influence of this philosophy, you may experience a CHANGED LIFE which can help you negotiate your way through life with harmony and understanding and prepare you for the accumulation of abundant material riches.
The Millionaire Fastlane by M. J. DeMarco
J. DeMarco is an entrepreneur and in this book, he argues that the conventional long-term wealth plans are not helpful for you.
Instead, the author suggests a unique approach that will help you to achieve your goals by market volatility and capitalizing the opportunities.
In the book, the author suggests that mutual fund investment, tax planning, and usual financial savings should not be confused with wealth creation.
The author provides its readers with a unique perspective and provides the financial strategies which can help you make substantial profits.
Here is more information about this book,
Since you were old enough to hold a job, you’ve been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. This soul-sucking, dream-stealing dogma is “The Slowlane” – an impotent FINANCIAL GAMBLE that dubiously promises wealth in a wheelchair.
Accept the Slowlane as your financial roadmap and your financial future will blow carelessly asunder on a sailboat of HOPE: HOPE you can get a job and keep it, HOPE the stock market doesn’t tank, HOPE for a robust economy, HOPE, HOPE, and HOPE. Is HOPE really the centerpiece of your family’s financial plan?
Drive the Slowlane and you will find your life deteriorate into a miserable exhibition about what you cannot do, versus what you can. For those who don’t want a lifetime subscription to mediocrity, there is an alternative; an expressway to extraordinary wealth capable of burning a trail to financial freedom faster than any road out there. And shockingly, this road has nothing to do with jobs, 401(k), mutual funds, or a lifestyle of miserly living and 190 square foot tiny houses. Just some of what you will learn:
- Why jobs, 401(k)s, mutual funds, and 40-years of mindless frugality will never make you rich young.
- Why most entrepreneurs fail and how to immediately put the odds in your favor.
- The real law of wealth: Leverage this and wealth has no choice but to be magnetized to you.
- The leading cause of poorness: Change this and you change everything.
- How the rich really get rich – and no, it has nothing to do with a paycheck or a 401K match.
- The mathematics of wealth and how any “Joe Schmo” can tap into real wealth real fast.
- Why the guru’s sacred deities – compound interest and indexed funds – are impotent wealth accelerators.
- Why popular guru platitudes like “do what you love” and “follow your passion” will most likely keep you poor, not rich.
- And 250+ more poverty busting distinctions
The Investment Answer by Daniel Goldie and Gordon Murray
The Investment Answer is a No. 1 New York Times bestselling book for individual investors and it is authored by two individuals who have vast experience in the field of investment.
This book is a general guide on the investment and it will provide you with the foundations of investment.
In the book, the authors explain the different concepts related to investment in several chapters.
This book will help you to successfully navigate the complex world of investment choices and how to make the right decisions.
It is one of the best money books available in the market and it is highly recommended for beginners.
Here is more information about this book,
What if there were a way to cut through all the financial mumbo-jumbo? Wouldn’t it be great if someone could really explain to us–in plain and simple English–the basics we must know about investing in order to insure our financial freedom?
At last, here’s good news.
Jargon-free and written for all investors–experienced, beginner, and everyone in between–The Investment Answer distills the process into just five decisions–five straightforward choices that can lead to safe and sound ways to manage your money.
When Wall Street veteran Gordon Murray told his good friend and financial advisor, Dan Goldie, that he had only six months to live, Dan responded, “Do you want to write that book you’ve always wanted to do?” The result is this eminently valuable primer which can be read and understood in one sitting, and has advice that benefits you, not Wall Street and the rest of the traditional financial services industry.
The Investment Answer asks readers to make five basic but key decisions to stack the investment odds in their favor. The advice is simple, easy-to-follow, and effective, and can lead to a more profitable portfolio for every investor. Specifically:
- Should I invest on my own or seek help from an investment professional?
- How should I allocate my investments among stocks, bonds, and cash?
- Which specific asset classes within these broad categories should I include in my portfolio?
- Should I take an actively managed approach to investing, or follow a passive alternative?
- When should I sell assets and when should I buy more?
In a world of fast-talking traders who believe that they can game the system and a market characterized by instability, this extraordinary and timely book offers guidance every investor should have.
Books
As a trader, the biggest challenge is to keep you updated with the forex trading strategies and Forex Books can provide you with successful trading strategies.
In this book, we will share our pick of the top 10 Best Forex Trading Books. Let’s get started.
Forex Trading: The Basics Explained in Simple Terms by Jim Brown
Jim Brown is a successful Forex-Trader and he is also the author of several Forex Books. Forex Trading by Jim Brown is one of the best Forex Trading books and it is highly recommended for beginners as it provides the accurate guidance and foundations of Forex Trading.
The author also explains the principles and concepts of forex trading in simple language which is ideal for beginners. The author also provides examples that traders encounter in daily routine which is great for practical understanding.
The Disciplined Trader by Mark Douglas
The Discipline is another great Trading Book for beginners as in this book the author explains how he lost almost everything he owned due to bad trading decisions.
This experience led him to rigorous self-examination and he discovered that his emotions especially fear led him to bad decisions.
In this book, the author stresses the importance of proper trading psychology and explains how emotions are always the enemy of a trader.
The author also explains how a trader with limited technical knowledge can make good financial decisions with good psychological control. If you are new to the Forex trading then this book is a must-read for you.
The Death of Money by James Richard
James Richard is an American lawyer and gold speculator. In this book, the author explains that the US Dollar has been the centerpiece of the world economy and its performance has a ripple effect on the financial condition of other countries around the world.
The author also explains how the 2008 Global Financial Crisis haunts the US Economy. The author also advocates for Gold by saying that the Gold is the only “true money”. This book will help you to understand the basic financial principles and the economic situation around the world.
How to Start a Trading Business with $500 by Heiken Ashi Trader
The biggest challenge for new traders is to raise their capital and this is a great book for new traders as the author explains how to become a full-time trader with limited resources.
In this book, the author provides step by step guidance on how to approach trading business with limited capital.
The author also discusses the other aspects of the trading business which will help you to become a successful trader. It is a must-read book for new traders, we recommend it.
Currency Forecasting by Michael Roy Rosenberg
Currency Forecasting is one of the best trading books and it is considered the most authorities work on this subject.
It is authored by Michael Roy Rosenberg, an analyst at Merrill Lynch and in this book the author explains all major methods for currency forecasting.
This book also provides detailed theoretical discussions on the strategies used by top traders. If you want to have a good understanding of Currency Forecasting then this book is for you.
Forex: Using Fundamental Analysis & Fundamental Trading Techniques to maximize your gains by Dave Matias
It is one of the best trading books and it emphasizes the importance of Fundamental Analysis in the FX Market. Fundamental Analysis is the base of trading and the author provides the practical knowledge which you will very useful.
The author also busts different myths of fundamental trading and also describes how Macro and Micro events influence the market. The author also explains the related topics like currencies and bonds etc. If you want to have a good understanding of Fundamental Analysis then this book is a great resource for you.
Foreign Exchange Option Pricing: A Practitioner’s Guide by Lain J. Clark
Foreign Exchange Option pricing is a great book as it provides a unique perspective from the point of view of the finance practitioner. In this book, the author introduced many commonly requested products from FX options trading desks along with the models that capture the risk characteristics to accurately price these products.
The author also connects the mathematically rigorous theory with a practice that is great for beginners. It is one of the best forex trading books and it is a must-read for beginners. We recommend it.
Momentum, Direction, and Divergence by William Blau
William Blau is a successful trader with expertise in momentum Indicators. Momentum, Direction, and divergence are the three main components of all technical indicators used in the analysis of stock and commodities trading.
In this book, the authors explain all three components in great details combined with the latest financial information and stunning graphics.
The author also explains the several related concepts which will help you to grasp the full understanding of the subject.
The Black Book of Forex Trading by Paul Langer
The Black Book of Forex is one of the best forex trading books which is perfect for beginners as well as intermediate traders. This book will provide you with a deep understanding of Forex Trading which will help you to become a successful trader.
This book will help you to construct a winning strategy, ways to optimize and maximize gains and also take control of your emotions while execution.
The author also explains the tactics to become a successful trader in 4 months. If you are a beginner in trading then “The Black Book of Forex” is a great book for you.
The Sensible Guide to Forex by Cliff Wachtel
The Sensible Guide is a great book for mainstream investors who want an effective way to tap forex markets to improve their returns.
The book focuses on reducing the risk for traders and for long-term investors is concentrate on hedge currency risk by diversifying portfolios.
The author also emphasizes on planning and executing only low risk yet high potential yield investment.
The author also uses the illustrated examples and online resources to help you understand the subject. It is a must-read book for those traders who want to have the advance level trading skills.
