BOOKS EVERY YOUNG INVESTOR MUST READ
Reading and learning are what make a person knowledgeable. Having knowledge of your field is a must to become a successful and knowledgeable investor. Here are 3 books every young investor must-read.
1. Rich Dad Poor Dad. It is a classic of the personal-finance genre. An autobiography manual of Robert Kiyosaki in which he introduced Americans to cash flow, passive income, and financial literacy. In this book he talked about one thing only i.e.don't work for money, make money work for you and this is the part which every investor must learn. 2. Learn to Earn A book by Peter Lynch explains to the young investors how to read the stock table in the daily news, why they should pay attention to the stock market, and how to understand a company's annual report. Why one should read this is because this book teaches you the basic principles of investing and gives you insight into the stock market, capitalization, and economy. As this book teaches basic, a non-commerce student who wants to start investing can easily understand investing. 3. Think and grow Rich. Book by Napoleon Hill talks about the thoughts of the brain and its psychological power while making decisions about the career both personal and financial satisfaction. In this book, the author's psychology helps the person to succeed in their profession, attracts success in their life, and to achieve their aspirations. Knowing when to make and how to make a decision that will affect the future is a must.
Where to invest, how to invest, rules, etc every question is answered in these books. These books help you to understand the basics of investing and guide you towards the right path. Doesn’t matter whether you are a commerce student or not, a new businessman, or a learning one, these books help you to succeed in your field and will help you to grow.
About Devansh Lakhani
Director of Lakhani Financial Services, and a Chartered Accountant, he helps start-ups raise funds from his network of investors. He guides and advises start-ups to scale up by providing efficient sales, marketing, team building, and business management strategies. He has executed fundraising by block deals on the stock exchange and conducted IPOs and right issues on the SME platform to the tune of over Rs. 50 Crore. He is currently working with start-ups from various sectors to help them channelize their business models and investments.