Best Book for 20-something starting a career

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bgyt
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Joined: Sat Jun 16, 2018 8:20 am

Best Book for 20-something starting a career

Post by bgyt » Wed Nov 13, 2019 1:28 pm

Which Boglehead book (or non-BH) would you recommend to a relative starting out his career post-college. Something that clearly lays out the BH philosophy (investing, debt, etc.) but has to be easy to consume since book recommendations from a relative to a 20 something male are mostly doomed from the start.


HawkeyePierce
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Location: Colorado

Re: Best Book for 20-something starting a career

Post by HawkeyePierce » Wed Nov 13, 2019 1:35 pm

Start with Bill Bernstein's "If You Can" booklet, free here:

https://www.etf.com/docs/IfYouCan.pdf

Each section concludes with a recommended book. Work your way through those and you'll be well on your way to a successful investing life.

Triple digit golfer
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Re: Best Book for 20-something starting a career

Post by Triple digit golfer » Wed Nov 13, 2019 2:01 pm

What the two above me said.

retired@50
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Re: Best Book for 20-something starting a career

Post by retired@50 » Wed Nov 13, 2019 5:07 pm

bgyt wrote:
Wed Nov 13, 2019 1:28 pm
Which Boglehead book (or non-BH) would you recommend to a relative starting out his career post-college. Something that clearly lays out the BH philosophy (investing, debt, etc.) but has to be easy to consume since book recommendations from a relative to a 20 something male are mostly doomed from the start.
I also like "Straight Talk on Investing: What You Need to Know" by Jack Brennan.

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arcticpineapplecorp.
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Re: Best Book for 20-something starting a career

Post by arcticpineapplecorp. » Wed Nov 13, 2019 8:40 pm

Since I hear so often that nobody wants to read anymore how about watching short videos on the boglehead philosophy:

https://www.bogleheads.org/wiki/Video:B ... philosophy

index funds the movie:

https://www.ifa.com/indexfundsthemovie/

short page and a half William Sharpe's The Arithmetic of Active Management:

https://web.stanford.edu/~wfsharpe/art/ ... active.htm
Last edited by arcticpineapplecorp. on Wed Nov 13, 2019 9:57 pm, edited 1 time in total.
"May you live as long as you want and never want as long as you live" -- Irish Blessing | "Invest we must" -- Jack Bogle

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dogagility
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Re: Best Book for 20-something starting a career

Post by dogagility » Wed Nov 13, 2019 8:50 pm

How to Think About Money by Jonathan Clements. Easy read; applicable to the young adult; superb information; BH-approved practices espoused.
Taking "risk" since 1995.


SheReadsHere719
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Re: Best Book for 20-something starting a career

Post by SheReadsHere719 » Thu Nov 14, 2019 3:30 pm

I Will Teach You to be Rich by Ramit Sethi: https://www.amazon.com/Will-Teach-You-R ... B07GNXPP4P

Vanguard Fan 1367
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Re: Best Book for 20-something starting a career

Post by Vanguard Fan 1367 » Thu Nov 14, 2019 6:14 pm

I sure like Bogle's Little Book of Common Sense Investing

Ferdinand2014
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Re: Best Book for 20-something starting a career

Post by Ferdinand2014 » Thu Nov 14, 2019 11:05 pm

bgyt wrote:
Wed Nov 13, 2019 1:28 pm
Which Boglehead book (or non-BH) would you recommend to a relative starting out his career post-college. Something that clearly lays out the BH philosophy (investing, debt, etc.) but has to be easy to consume since book recommendations from a relative to a 20 something male are mostly doomed from the start.
https://www.amazon.com/Simple-Path-Weal ... 1533667926

Best all in one investing, debt, how to think about money and life book.
“You only find out who is swimming naked when the tide goes out.“ — Warren Buffett

averagedude
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Re: Best Book for 20-something starting a career

Post by averagedude » Thu Nov 14, 2019 11:31 pm

I recommend " The Bogleheads Guide to Investing" by Taylor Larimore. Another recent book I read would be "The Latte Factor" by David Bach. This book may appeal to young people, especially females and it takes less than a couple hours to read. Me personally, what motivated me the most when I was young was the compound interest charts that are in so many of the personal finance books. It is absolutely amazing to me what small amounts of money invested weekly can become with lots of time, compounding at high rates of returns.

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