>ask /lit/ for books that will help me make good investments>get recommended Benjamin Graham Is this board retarded?
what did you expect frogposter?
>>25401926/lit/ is a boho layabout board wtf did you expect
Do you want us to tell you to go full momo on AI bottleneck stocks via options?
you should go to /x/ and ask about Kabbalah insteadthe mark of a true genius is learning from others, in this case the jews.
>>25401926>wants to be a stupid investor rather than an Intelligent InvestorEach to his own.Pic related was the biggest influence on me.
>>25401926Just buy VT and chill lmao.
>>25401926No book will help you make good investments because the good advice is the most boring, 10% of your salary in index funds. The end.There's maybe 1-2 books that try to make this point repeatedly (Richest Man in Babylon). The rest of the pop-economics shelves exist to SELL. Lifestyles, guru advice, super special strategies that can't fail (these should be filed next to strategies to win the lottery), every brand of scammer, every fucking retard and nitwit prognosticator trying to dress up some magical scheme or strategy, ideally getting you to buy a whole suit of books, or even courses to LEARN MORE amazing strategies.The main source of income for 99% of the people writing these books? Writing these books, and assorted scam courses that tie into them. You might wonder why they aren't rich from tehir amazing investment schemes? Don't think about it. If you're desperate to get scammed on get rich quick schemes>>>/biz/
Getting actually rich is about having a business with revenue. All of the tax advantages are for businesses.
>>25402613/thread
>>25402613>10% of your salary in index funds. The end.Came here to post this. It's literally a cheat code, but people want to be so clever they never just do what simply works.Set up an automated system to do this for you and you'll never have to worry about money again.
>>25402949What if you're not american? What to do then
>>25401926>Graham recommended that the P/E ratio multiplied by the price-to-book value ratio be no more than 22.5.That's a solid advice. I'm sorry you're retarded, OP.>>25402613>10% of your salary in index funds. The end.This is the way.Also, the best investment is to stay child free. But that wouldn't be a problem for you, OP.
>>25403114>Also, the best investment is to stay child free. But that wouldn't be a problem for you, OP.you didn't have to do him this dirty
>>25402970Plz respond
>>25402970Religious texts to help you cope with poverty
>>25402613Now... why not do 20% or more? If you aren't materialistic at all and don't give a shit about cars or any luxury products?
I hear IBM stock is cheap
>>25401926Diversify and hodl
>>25401926Here you go.
>>25401926You should invest in your mind anon. Thats the most valuable thing of all. Plus with reading you can always feel youre on an adventure!
>>25401926Finding good books is hard. Forums act like only a few hundred books exist and keep repeating those over and over again. Amazon used to have recommendations, but now it's all AI slop. Goodreads lists can be decent if you find a book you like and go through the reading list. AI isn't bad for getting recommendations - it's better than forums - but it very obviously skews towards popular books. I used to never look over bibliographies for book recommendations, but now it's one of the main ways I find new books to read.Also, my advice to anyone who wants to learn about finance or economics is to just buy an old (and cheap) introductory college textbook. It gives you a really good foundation to understand what people are talking about, and to start developing your own ideas. Old textbooks are more fun than new ones because you get to read along and see how their discussion of contemporary events played out in real life, which both lets you be more critical of the book and lets you engage with it more.
