Actually, my first book on investing, written 1998 and published in 1999 has been free for a long time. But you may not have known about it.Serious Money; Straight Talk About Investing for Retirement.
Here is the good news. I just finished rereading the book and to my surprise (not really) nothing has changed in 15 years!
Well, I have more gray hair than the picture on the cover, but that's the biggest change.
Here is a snippit:In the early 1900s, Harry Houdini exposed widespread fraud in the fortune telling industry. Houdini offered a large reward to anyone who could prove they could speak to the dead. Though many soothsayers tried to fool Houdini, he uncovered all their tricks. No one ever collected the prize.
Today, market timers run a similar business as Houdini’s spiritualists. Their skill is not in predicting the direction of financial markets - it is in marketing their predictions. It does not matter if an advisor has no skill in choosing superior investments, what’s important is to convince the public that they have special insight. These modern day soothsayers understand that selling their investment advice is much more profitable than following it. No broker has ever gotten rich by purchasing the products they peddle. They get rich off the commissions and fee charged to the gullible public.
Download it, copy it, send it around - the price is right!
Choose a few low-cost index funds in different asset classes, rebalance occasionally, and forgetaboutit!