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Recommendations on a good book to explain IRAs, mutual funds, stocks, etc.? |
I am truly a beginner wishing to learn more and understand what investment options are out there and the differences between them. I don't want a hardcover, and I don't want a thick college textbook. Some handy paperback I can tote around and read easily without nodding off to sleep. ;-) should point out that i am really good at budgeting, contributing to my 401k and have no debt. I need info on the differences between regular and Roth IRAs and when to use them, basics on investing in mutual funds and how to buy and sell stock. Would like advice on what to do with my ESPP. Personal Finance for Dummies by Eric Tyson is an excellent start. There is also a good list at the below URL. Get the book by The Motley Fool, it is very easy to read and understand for a beginner. Good luck total money makeover by Dave Ramsey or you can check out one of his finical peace university small group in your area Rice Edelman's book "The Truth About Money." Look up his other books also. |
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