Learn how to invest by reading books

One of the most valuable things on earth are books. For hundreds of years books where the best source of information and this still applies today. Even the invention of the Internet and unlimited access to information can not substitute books. You can choose from a variety of books matching your skill. There is a variety of investing books, from basic to advanced.

I am a very web savvy guy and I work a lot on my computer, but I also read books. Personally, I made a big mistake by not reading a lot of books the last years. But then in the last six months I started to read again, and guess what, I have learned so much about investing since then. Just try it yourself, it works.

There are a lot of reasons why you should read investing and money books. The good ones do not get out of date, actually most of them do not. For example, Benjamin Grahams “Intelligent Investor” about value investing is an all time classic written in 1949. It is a masterpiece of investing literature and although it is 59 years old, you can use most of the techniques described in it even today and surely even for the next 50 years. So, unlike books about computer languages etc, investment and money books do not get out of date so fast. Search for books about general investing methods and you get valuable information that you can use for a long time. If you need specific information on a certain topic like ETFs for example, books are also the best source.

Stop watching TV, start reading

You will probably not learn anything valueable on TV. Sure, there are nice documentations even about finance. But mostly finance TV shows report about things when everybody already knows them, just like investing in gold when everybody just bought gold for two years. The daily stock report is also not interesting, unless the market crashes or one of the companies in your portfolio brings out a new earnings report. But you should really not waste your time on watching TV that tells you that the market went down 1% or something. Go read a book and do not waste your time on TV.