I got tagged by Canadian Money Advisor in hist article, “What are your favourite financial magazines, books, or websites?!!” Here are mine:
The Wealthy Barber by David Chilton: One of the first financial books I ever read. I read some of it when I was really young and first learned about compounding and RRSPs and other simple stuff. I’ve read some of the chapters again over the last few years and it has some great financial advice in it.
The Intelligent Investor (revised edition) by Benjamin Graham: Read this a couple years ago and it really changed the way I think of investing. Mainly it made me realize that being a successful stock picker is really hard and unless you have all day to spend doing it, don’t do it. Great historical recounts of the tech boom (and bust) of not only the 90s but the 60s as well, and other famous bubbles (and bursts). It also taught me to not worry about the daily goings-on in the market.
Efficient Market Canada website by Marting Gale: The writings on this site greatly influenced my decision to go with an all-passive portfolio and to use ETFs to achive that. It has lots of great articles and recommendations.
A Random Walk Down Wall Street (ninth edition) by Burton Malkiel: Since I have an all-passive portfolio, I figure I better learn more about the theory behind this in detail. This famous book is a good start. I am not almost half-way through it and I definitely recommend it for all investors.
Unfortuntely I cannot recomend any magazine, newspaper, or other media publication. Some have decent articles once in a while but not usually. If anyone has any recommendations, please let me know.
2 thoughts on “Favourite Financial Magazines, Books, or Websites”
I have read the Wealthy Barber as well. I heard that David Chilton is coming out with a new book of some sort. He’s been a podium speaker over the years from my understanding.
MoneySense is a decent magazine (my father gives me his old issues that there’s often something interesting in it).
I’m 1/2 way through “The Intelligent Investor” and enjoying it quite a bit. I liked Derek Foster’s “Stop Working”. I bought my father a copy of “A Random Walk Down Wall Street” and intend to steal it away from him the first chance I get.
I haven’t read it yet, but I’ve come across recommendations for “The Investment Zoo” by Stephen Jarislowsky and I’m hoping to grab it from the library at some point.