Stockbrokers and novice traders will agree that 2020 has proven to be challenging for the markets. A downturn replaced initial optimism after COVID-19 struck. While there is hope for recovery, uncertainty still governs the stock market, meaning that investors need risk management tools more than ever.
There is no sure thing when it comes to stocks and shares. However, some guidance will help brokers and individuals make more informed decisions before they invest. Among your options are these five books and finance guides.
How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition (William J. O’Neil)
With more than two million copies sold, it is evident that this gem offers you the insight needed to choose solid investments. This Fourth Edition landed on bookshelves in 2009, yet experts maintain its relevance remains undiminished. Its tried and trusted advice continues to offer investors valuable insights.
O’Neil undertook an analytical study of the stock market from 1880 to 2009, using past behavior to predict future outcomes. His book includes techniques for finding winning stocks early, picking optimal stocks, and charts to help readers analyze current profitable trends.
According to finance exerts at best writing services, in addition to telling readers what they should do, O’Neil offers 21 tips on what not to do. These tips come from examining common mistakes traders make and illustrating how to avoid them.
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (John C. Bogle)
With an endorsement from investment guru, Warren Buffet, this book offers practical tips on investing in stocks and maintaining a favorable outcome. Bogle’s central principle says that those who try to beat the stock market will never come out of it as winners. Instead, applying common sense to using the stock market will produce sustained earnings.
He advises readers to invest in a diversified portfolio of stocks and regard it as a long-term transaction. A portfolio should include shares in major publicly-held companies as there is an excellent chance they will deliver increased value. However, it will not happen overnight.
As per a finance professional working for an assignment writing service, Bogle is a proponent of index investing, and the Vanguard Group founder shares his insights and experiences to help others use this method to ensure success. His book explains the need for investor patience and warns against fads and unproven trends.
A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing – Eleventh Edition (Burton G. Malkiel)
Malkiel is well-known for offering straightforward advice to investors without adding gimmicks and tricks that lead to confusion. Instead, he favors a research-based technique for stock market investment. His market investigations and experience give Malkiel sharp insight into all aspects of Wall Street’s operations. He has worked as an economist and investor and has been hailed as an exceptionally successful investor.
As mentioned on some college paper writing services, Malkiel’s voice of reason regarding your investment approach is welcome at a time when volatility dominates the market, and future uncertainty lingers. A proponent of investing long-term, Malkiel includes planning tools and insight for investors to determine their future investment strategy.
He also goes beyond the stock market and looks at other investments, such as property ownership, bonds, and money-market accounts, among others. He offers an honest assessment of these investments and their associated risk levels.
Trade Your Way to Financial Freedom (Van Tharp)
An updated edition of this well-known trading guideline, Trade Your Way to Financial Freedom, offers traders advice and ideas. Updated market conditions, especially those in the wake of 2008’s financial crisis, bring a new sense of relevance to this publication.
This edition also includes Tharp’s 17-step trading model, which offers advice on a successful modern market. Using interviews with some of the world’s best traders, Tharp has compiled a publication that addresses stock trading from beginning to end and everything in between.
The author has updated examples and charts used in the first edition to include current market climates. Tharp is a believer in offering investors a chance to find and sharpen an individual trading methodology using his model as a foundation.
The Intelligent Investor: The Definitive Book on Value Investing: A Book of Practical Counsel – Revised Edition (Benjamin Graham)
Added annotations bring Graham’s investment advice in line with current market trends, which have changed substantially over recent years. The author, known as the twentieth century’s greatest investment advisor, remains unrivaled as a stock market success story.
Despite having first been published in 1949, the additions make The Intelligent Investor as relevant now as it was then. Subsequent trends and market events have shown Graham’s wisdom to be timeless in its quality and integrity.
This newest version includes the work of Jason Zweig. He is a well-respected financial journalist, who updated it for today’s market and draws insightful comparisons between Graham’s work and today’s market conditions.
Forewarned is forearmed, as the adage goes, and it is most applicable in the stock market context. Using the advice of experts and investors who preceded you can become the difference between massive earnings and substantial losses. Therefore, consulting some popular publications about stock market investments will give you an edge to ensure success.