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Want to retire wealthy? Read these 7 Books

Nov 10, 2023, 02:29 AM IST

Want to retire wealthy? Read these 7 Books

Prisha

1. The Psychology of Money By Morgan Housel

This is not a typical finance book. The book talks about the emotional and psychological aspects of money and emphasises how people's perceptions shape their financial decisions.

2. Learn To Earn By Peter Lynch And John Rothchild

This is a comprehensive beginner's guide for those taking their baby steps in the world of investments. The book underlines how important it is to carry out thorough research and ways to maintain a long-term perspective in investments.

3. Rich Dad Poor Dad By Robert T. Kiyosaki

This book is considered a game-changer in the world of personal finance literature. By narrating contrasting tales of his "two dads", the author has explained how a wealthy person's mindset differs from the rest.

4. The Most Important Thing By Howard Marks

Marks, who is considered an investment titan, has filled this book with the knowledge he has gained from his career. He has tried to make readers understand market rhythms, the psyche of the investor and the nuances of taking a risk.

5. Total Money Makeover By Dave Ramsey

Ramsey in his book has laid out plans for clearing debt, initiating investments and building a safety net. The methodology provided by him offers readers a roadmap to financial rejuvenation.

6. The Millionaire Fastlane By MJ DeMarco

DeMarco has tried to challenge mainstream notions of creating wealth and instead has given a radical approach to his readers. According to him, entrepreneurial ventures and not traditional job is the quickest path to creating wealth.

7. The Rules of Wealth By Richard Templar

This is a holistic guide to creating wealth. Templar has laid out a set of rules, written about intricate investment strategies and emphasised foundational money beliefs.

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