In last month’s newsletter, I shared ideas and strategies that I believe are crucial for young investors to understand and implement. However, many may wonder where to begin their journey towards financial literacy. In this newsletter, I aim to provide guidance by sharing my favorite resources for expanding your financial knowledge.
Books
Simple Wealth, Inevitable Wealth by Nick Murray
Rich Dad, Poor Dad by Robert T. Kiyosaki
The Psychology of Money by Morgan Housel
How I Invest My Money by Brian Portnoy & Joshua Brown
The Truth About Money by Ric Edelman
These books are invaluable and deserve a thorough read from cover to cover. However, it’s important to note that many financial books ultimately convey a few key points. To save time, consider using a book summary app to grasp the main ideas efficiently.
YouTube Channels
Andrei Jikh
Coin Bureau
Graham Stephan
I Will Teach You To Be Rich by Ramit Sethi
Let’s Talk Money! with Joseph Hogue, CFA
YouTube is an incredible resource for personal finance education. However, be mindful of the fine line between education and entertainment when consuming content on this platform. Long-form interviews, while time-consuming, can prove to be life-changing. I learned about Bitcoin in 2013 from a long-form podcast.
Podcasts
Bigger Pockets Real Estate Podcast
Money For The Rest Of Us
The Bad Crypto Podcast
The Long-Term Investor
The Tim Ferriss Show
Blogs/News
The Curiosity Chronicle by Sahil Bloom
The Curious Mind by Ahmed Husain
The Wall Street Journal
I highly recommend reading newsletters and articles, as they often deliver information concisely and efficiently. Consider using the Pocket app to help you collect and organize articles, videos, and links from across the web for easy access.
In conclusion, many exceptional resources are available today to expand your financial knowledge. The key is to identify the learning style that works best for you and explore the topics that pique your interest. I plan to update the Knowledge Den with a part 2 in the future, so stay tuned for more valuable resources.
Daves’ Picks
Death Cab for Cutie “I Will Follow You Into The Dark” (Acoustic)
Halsey – Eyes Closed (Stripped)
Interview With the Vampire (1994) Trailer #1 | Movieclips Classic Trailers
My Favorite Quotes
How Much Money You Need For Retirement by Ben Carlson