My passion
for investment has led me to several nice resources to aid ones understanding
of the financial market. No doubt, there are many very good materials and
products that you can read to improve your financial literacy. Of the multitude
out there I have complied a list that are most renowned in transforming an average person to a financial literate.
These series is a collection of a books written by different writers
that aims to present a particular topic in a manner that even a little child
can understand. That is where the "Dummies" title is derived from. If
you don't mind the title that may sound offensive to some people you can take a
look at their investment collection.
Pros
·
It presents each topic in an easy to understand
manner
·
It covers a vast array of topics
·
It has many free video resources
Cons
·
It is commercial
·
For a small investor or starter it is expensive
Recommended title to start with.
Worthy of particular mention in particular is the title Investing for Dummies. Below is an excerpt from the title.
“Want
to take charge of your financial future? This national bestselling guide has
been thoroughly updated to provide you with the latest insights into smart
investing, from weighing your investment options (such as stocks, real estate,
and small business) to understanding risks and returns, managing your
portfolio, and much more.”
Investopedia is a very nice website that offers insight into many
aspects of investment and personal financial management. According to a
statement from the website it is the world's leading source of financial
content on the web, ranging from market news to retirement strategies,
investing education.
Pros
·
It is free
·
It presents each topic in an easy to understand
manner
·
It covers a vast array of topics
·
It has many free video resources
Cons
·
No major
cons