So right now I am a college student with no debt and a stable job. I have 6 k in my savings account and want to begin making my savings work for me. I know I do not have much so what would be the best way to start growing it.
Index funds.
Long run master race.
>>1100847
I'm new like you OP
Started reading the intelligent investor, but it's so old, fundamental analysis is outdated for most investors, and I felt like I wasn't learning anything.
Read a random walk down wall street instead. It's modern, mostly about index funds and the stock market, but explains your other options as well. Entertaining and informative. Most importantly, I know I will never do something retarded with my money after reading it.
>>1101258
In IV is more advocating the emotional framework one must be in when investing, not so much the technical side.
Like ignoring mr Market
>>1101258
Intelligent investor is updated every few years. Did you buy the wrong edition? The copy I have is extremely useful and probably the single book who's helped me the most.
>>1101323
Not them but the intelligent investor is a horrible book. Okay I'm only half way done, but I don't see it improving at all. The updates you say are just a follow up from a modern author for each chapter.
For example a large section of the book deals with interest rates. Why you should be in bonds, interest rates, etc. This has no value for today's investors.
>>1101373
I guess I see your point. It's still been very useful for me. What books do you recommend?
Is reminiscences of a stock operator still valuable, I see it thrown around a lot?
>>1101536
its a very entertaining story but most people who read it don't realize its a work of fiction and each story and charter is a metaphor for various human emotions to contribute to or inhibit success.
>>1101607
So yes it is a good read for the emotional side of stock trading?
>>1101373
>bonds, interest rates, etc. This has no value for today's investors.
Wow really?
This is what robinhood millennial baby's actually believe?
>>1101910
read the motley fool investment guide, was not to terribly helpful for me. I have started on the intelligent investor and it is at least interesting. Any other book suggestions. I get the feeling that any book that say's make millions in the title should be considered a meme/shit, right?