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Investing Basics

Where to begin: index funds, diversification, long-term thinking and the habits that let ordinary investors build wealth. Listed from beginner to advanced.

The Little Book of Common Sense Investing
John C. Bogle
Beginner

The founder of Vanguard makes the case for owning the whole market through low-cost index funds instead of trying to beat it.

A Random Walk Down Wall Street
Burton G. Malkiel
Beginner

A long-running guide to how markets price assets, why beating them is so hard, and how an ordinary investor can build a diversified portfolio.

The Simple Path to Wealth
J.L. Collins
Beginner

A plain-spoken guide to spending less than you earn, investing in broad low-cost funds and working toward financial independence, grown out of letters to the author’s daughter.

The Bogleheads’ Guide to Investing
Taylor Larimore, Mel Lindauer & Michael LeBoeuf
Beginner

A practical handbook built on the Bogleheads philosophy: keep costs low, diversify broadly and stay the course.

One Up On Wall Street
Peter Lynch
Beginner

The former Fidelity Magellan manager explains how everyday investors can spot promising companies in the world around them.

The Four Pillars of Investing
William J. Bernstein
Intermediate

Covers the theory, history, psychology and business of investing, then turns them into a framework for building a portfolio.

Stocks for the Long Run
Jeremy J. Siegel
Intermediate

Examines long-term returns of stocks, bonds and other assets to explain why patient equity investors have historically been rewarded.

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