Wednesday, June 13, 2018

Educate yourself

Educate yourself to make better decisions
I have started building my portfolio in January this year(2018). I thought it would be easy to buy low, sell high. That should not be a problem right? Nope. I ended up with a whirlwind of emotion-based decisions. I find most successful dividend investor does not simply buy a stock on 52-week low. They have a set of points to look at before considering to buy a share of the stock. But most importantly their mindset, I find, is set to their long term goal. I believe that their mindset is more important than knowing what is on the financial statements of each company. This is the reason why I started to build a book list. I want to further educate myself and build a strong mindset to reduce the emotion-based decisions down the road.

I have compiled a book list with the help of the members of Canadian Dividend Investing Facebook Group and some searching in google. I also found some books recommended by Investopedia and BusinessInsider. Personally, I have only finished reading one book about investing which is "The Richest Man in Babylon". I actually read this couple of times but I have read it thoroughly understanding and appreciating the whole content just last month.

The order of the books does not necessarily denotes the importance of each book. I will be continuing to add more books for dividend investing to the list as time goes on.

The BOOK LIST

  1. The Wealthy Barber by David Chilton

    For more information, click here.

  2. The Intelligent Investor by Benjamin Graham

    For more information, click here.

  3. The Richest Man in Babylon by George S. Clason

     For more information, click here.

  4. Get Rich with Dividends by Marc Lichtenfeld

     For more information, click here.

  5. Stop Working by Derek Foster

    For more information, click here.

  6. The Big Short by Michael Lewis

     For more information, click here.

  7. The Little Book that Still Beats the Market by Joel Greenblatt

     For more information, click here.

  8. Unshakeable by Tony Robbins

  9.  For more information, click here.

  10. The Little Book of Value Investing by Christopher H. Browne

    For more information, click here.

  11. Rich Dad, Poor Dad by Robert Kiyosaki

    For more information, click here.

  12. The Essays of Warren Buffett: Lessons for Corporate America by Warren Buffett

        For more information, click here.
  13. Beating the Street by Peter Lynch

          For more information, click here.

  14. Think and Grow Rich by Napoleon Hill

          For more information, click here.

  15. The Money Game by Adam Smith

            For more information, click here.



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