All of us will admit that we have areas we could stand to improve in. Perhaps some of us could use a few lessons in auto mechanics… a few of us could stand to read more dating guides, and there are many of us that could improve our chess game… but there is one skill that is especially difficult to master, and this is the skill of the stock market and investing.
Investing in anything, whether treasury bonds or stocks, requires more knowledge than money. Why? Because it is easy to lose all of your money if you go trading with no knowledge of what you are doing. This is why it is so important to keep learning… because stocks and bonds are exactly the same in one aspect… and this is in the fact that they ARE confusing sometimes, and the only way to thwart this confusion is with some good, old fashioned knowledge on the subject.
So, here are a few must-reads for you on the subject. Hopefully, these authoritative works will inspire you to make more with your treasury bonds and other investments than you ever dreamed of making.
The first is titled “Reminiscences of a Stock Operator” by Edwin Lefevre. This is an excellent read written by a man who based it on interviews with Jesse Livermore, the legendary stock trader who literally pulled in around $10 million dollars his first month on the scene.
Another good read is called “Trading for a Living”. This book was penned by Alexander Elder, and is an excellent resource for those transitioning from investing to trading.
“Beyond Greed and Fear” by Hersh Shefrin is another great book. This book dispels many myths about the system, and equips you with the knowledge you need to succeed.