stevensfo wrote:kempiejon wrote:
Haven't those all been mentioned already?
Anyhow what you want to do is, try the AARP Retirement Calculator. Its user-friendly interface and comprehensive features help in estimating retirement expenses, income sources, and savings needed for a comfortable retirement. Then combine such tomes with financial advice from professionals to ensure a holistic approach, considering individual circumstances and goals for a secure retirement future.
My 'cold shower' wake-up call occurred after the financial crisis 2007-2009. Until then, all my holdings were UK companies. I explored ITs and started to take diversification a bit more seriously.
All the books mentioned are fine, but I'd add another: 'All about Asset Allocation' by Richard Ferri.
For some sobering thoughts: John Lancaster: ' Why everyone owes everyone and no one can pay'.
For some scary thoughts: Oliver Bullough: 'Moneyland. Why thieves and crooks now rule the world and how to take it back.'
Steve
PS I thought that the last book by Oliver Bullough may have been a bit exaggerated. Then I did some research about banks being taken to court, tax evasion by the powerful and the Covid PPE scandals and subsequent cover up.
Steve
To be blunt, and you won't like the comment, you are moving the topic off the thread.
I think that you and I have disagreed over bitcoin and crypto currencies, which I would argue are not investments.
Yet you move this thread about investment books solidly into that area of discussion?
OK!
Well can I suggest
https://iea.org.uk/wp-content/uploads/2 ... 0Money.pdf
1976
It seems to argue that we can't trust those that we ask rule.
Possibly a seminal book before its time?
Obviously it predates bitcoin and crypto, but argues that we should get to choose our money.
Sure if we have real property rights, we can't have redistribution and the rich may remain so. Certainly it would be outside the power of the state.
Did you really want to raise this argument?
The thread is about investment books. Books about risk and reward. NOT money or politics.
BTW I have read many of the suggested books, and others like Downwave and Zulu principle. IMHO they all have something to offer. But the world changes and said books document what worked, when they were written.