Nexus555
Well-Known Member
Hey guys. Well recently I have been giving a lot of thought about investing in the stock market and real estate. I'm only 21, and I figure the only easy way I'll be able to retire when I'm older is being financially concious (don't blow money on pointless things),saving money, cut down a few expenses, and investing money as well. I just purchased a book on the stock market, and it should be in today. I will most likely at least read 4-5 books on the stock market (and reread some) and try to get a good feel for it before I jump in. I will most likely invest "fake" money at first (just playing the game using math acting like I invested, taking into account taxes and fees that I will have to pay.) Eventually if I become good enough, I will perhaps make the step into investing.
Also I want to get into Real Estate investing. It seems harder to find a good real estate book opposed to stock market books (well, just from reading Ratings.) Most good stock market books have solid ratings, because most books present basic terminology, then go a little deeper, then state "devise your own plan and stick with it." And other tips like "don't follow "hot stocks" and rumours." So mainly I will read as much as I can, do some math myself and see what works for me, and if I seem decent with it, gradually step in.
Back to Real Estate. Most books have good reviews, but you'll see a lot of similar post which could potentially be the author giving fake reviews. Do any of you know of any excellent Real Estate investing books? I am not looking for flips, because that is too high risk for me. Mainly landlording smaller properties at first and if I so decide, maybe move up a little bit.
I pretty much want to be a private investor as well. I do not want an agency and employees working for me. Just side investments when I can afford them and weigh out risk/reward and decide if I should go with it. If anyone could direct me to good real estate investing books (and perhaps investing/portfolio's in general, even stock market books) I'd be most thankful. Also any tips and warnings are welcome.
Thanks!
Also I want to get into Real Estate investing. It seems harder to find a good real estate book opposed to stock market books (well, just from reading Ratings.) Most good stock market books have solid ratings, because most books present basic terminology, then go a little deeper, then state "devise your own plan and stick with it." And other tips like "don't follow "hot stocks" and rumours." So mainly I will read as much as I can, do some math myself and see what works for me, and if I seem decent with it, gradually step in.
Back to Real Estate. Most books have good reviews, but you'll see a lot of similar post which could potentially be the author giving fake reviews. Do any of you know of any excellent Real Estate investing books? I am not looking for flips, because that is too high risk for me. Mainly landlording smaller properties at first and if I so decide, maybe move up a little bit.
I pretty much want to be a private investor as well. I do not want an agency and employees working for me. Just side investments when I can afford them and weigh out risk/reward and decide if I should go with it. If anyone could direct me to good real estate investing books (and perhaps investing/portfolio's in general, even stock market books) I'd be most thankful. Also any tips and warnings are welcome.
Thanks!