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The best investment books of 2024

The best investment books of 2024

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Investing is a crucial part of building wealth, but it can be hard to know where to start. And once you start investing, there’s always more to learn. Personal finance books on investing can be great learning tools no matter where you are in your journey.

The following investing books cover everything you need to know to make your money work for you, whether you’re a beginner or intermediate investor, or someone looking to try a new form of investing.

Best Investment Books of 2024

Compare the best investment books

The best investing books are valuable resources for anyone interested in expanding their market and trading knowledge beyond blog posts and webinars. Investing books provide reliable, accessible information from reputable sources.

These are the best investing books, selected by Business Insider editors in 2024.

Best Overall: ‘Cashing Out: Win the Wealth Game by Walking Away’ by Julien and Kiersten Saunders

Couple Julien and Kiersten Saunders are the founders of the blog rich & REGULAR and the YouTube channel Money on the Table. Together, they paid off $200,000 in debt in five years, started investing in real estate, and joined the FIRE movement.

“Cashing Out” is not only great for people looking to retire early, but it’s also a powerful source of inspiration and a guide to making your money work for you. It’s especially helpful for BIPOC readers, as the Saunders talk about how “traditional” wealth-building advice doesn’t always apply to Black people in the same way it does to their white counterparts.

Best for beginners: ‘‘Broke Millennials Take on Investing’ by Erin Lowry

This is Erin Lowry’s second book in her “Broke Millennial” series. The book debunks common myths about investing, such as that you have to be debt-free to start. Lowry explains how to start investing even if you think you don’t have enough money.

Learn how to invest while paying off debt, choose the best investment platforms, and avoid scams. Lowry even dives into choosing investments that align with your values ​​and religious beliefs.

Best for Beginners, Second Place: ‘Clever Girl Finance: Learn How Investing Works, Grow Your Money by Bola Sokunbi

This book is geared toward women, which is valuable since many see investing as a “man’s game.” The first chapter explains why investing is important, especially for women. Sokunbi then breaks down how the stock market works, different types of investments, common mistakes to avoid, and more.

She also includes personal anecdotes about herself and others in the book, making the book light and easy to read.

Best for average investors: ‘‘How I Invest My Money’ by Joshua Brown and Brian Portnoy

This book is a good option if you already understand the basics of investing. “How I Invest My Money” shares the experiences of 25 financial experts on how they invest, build wealth, and make other financial decisions. They explain how and why they make their choices, from practical reasons (like strategy) to personal details (like family background).

By reading 25 different perspectives, you can see that there is no single right way to invest: everyone has different goals, and their investment strategies should reflect these. You may resonate with one or a few of these experts and apply their insights to your choices.

The best way to understand the stock market: ‘‘Mastering the Market Cycle’ by Howard Marks

It is common for investors to put money into the stock market, but how do you know which stocks to buy, when to buy them, or when to sell them?

Marks doesn’t provide clear-cut answers to these questions. Instead, he helps you make those decisions by providing an in-depth explanation of market cycles. Numerous factors influence why a stock (or other asset) might rise or fall in value. Understanding how these cycles work can help you make informed investment decisions.

Best for Real Estate Investing: ‘The Book on Rental Property Investing’ by Brandon Turner

Investing in real estate can be a great way to diversify your portfolio. There are several ways to invest in real estate, and a common way is to buy a house and rent it out.

“The Book on Rental Property Investing” tops our list of best real estate books. Turner helps beginners become successful real estate investors by explaining the types of rental properties, finding a location, choosing the right lender, and more.

Best for day trading: ‘How to Make a Living Day Trading by Andrew Aziz

Day trading is a risky investment strategy that we do not recommend for most people. You buy a stock or other asset and sell it the same day to profit from any upward movements that may have occurred during the day. However, there are a small number of people who day trade and make money from it. “How to Day Trade for a Living” is one of the best day trading books to teach you the ropes.

Andrew Aziz is a big name in the world of day trading and “How to Day Trade for a Living” covers multiple topics for new day traders. Aziz explains how day trading works, how to pick stocks, how to choose a day trading platform and more. He gives a good and comprehensive overview of multiple components of day trading.

Other investment books we considered

We considered numerous books on investing when narrowing down our top picks. The books above are our favorites, but it’s wise to keep learning so that you can become a better investor over time. You might also like some of the following books:

Frequently asked questions about investment books

At Personal Finance Insider, our top investing book is “Cashing Out” by Julien and Kiersten Saunders. We chose this book primarily because it addresses factors that can impact BIPOC investors, while a lot of financial advice is geared toward white clients. However, any of the books on our list are good options.

“Mastering the Market Cycle” by Howard Marks is a good book to understand the ups and downs of the stock market. Once you understand the cycles, you can decide what to invest in and when.

If you have $1,000 to invest, you might consider opening an IRA with one of the best online brokerages. You’ll discuss your risk tolerance with the broker, which can help you decide how to invest your money.

Methodology: How to choose an investment book?

In reviewing dozens of investment books, we used Business Insider’s methodology to find the best books on trading strategies, tips, market insight, and beginner-friendly content. We also prioritized books that offered reliable, accessible information from reputable sources.