Investing for the Future

Does your money work for you? Are you making the most of what you’re earning?  Could your earnings be improved without taking on a second job? It seems everyone could use more money these days, as the purse strings get tighter and tighter. If you are thinking of jumping into the ever-higher stock market, you don’t have to do it blindly. Here at Scott County Public Library, we have resources to help you make the most of your money, let it work for you, and have confidence if you choose the stock market as an avenue for a wealthier life! Check out these resources that are at your disposal!

WARREN BUFFETT INVESTS LIKE A GIRL, AND WHY YOU SHOULD, TOO : 8 Essential Principles Every Investor Needs to Create a Profitable Portfolio
By Louann Lofton

Warren Buffett and the women of the world have one thing in common: They are better investors than the average man. Psychologists and scientists have shown that women have the kind of temperaments that help them achieve long-term success in the market. The calamities of the past several years have only provided more statistical and anecdotal evidence of the same. Women spend more time researching their investment choices and tend to take less risk than men do. One study found that men trade 45% more often than women do, and although men are more confident investors, they are also more susceptible to becoming overconfident.  Women aren’t as susceptible to peer pressure as men are, which results in a more level-headed, patient approach to investing. This book will empower both women and men to have an effective investing style, strengthen their portfolios, and find success in the market.

Motley Fool’s Rule Breakers, Rule Makers: The Foolish Guide to Picking Stocks
By David and Tom Gardner

Online and off, David and Tom Gardner have demonstrated that Fools and their money are NOT soon parted…that if you use the brothers’ investment principles you can beat the market and have lots of fun doing it! This latest Motley
Fool book is a stock-picking guide that teaches you how to locate the best investments available in today’s public markets: the Rule Breakers and the Rule Makers. You can make a lot of money investing in either, but those who buy Rule Breakers and hold them all the way through Rule Maker status will make the most money of all. This book is practical, rewarding, very funny and, above all, revolutionary. The goal of The Motley Fool and the Gardners has always been to “educate, amuse, and enrich” and this book will succeed in all three.

Jim Cramer’s Real Money: Sane Investing in an Insane World
by James J. Cramer

“This book is the distillation of everything I have learned, every important rule, every smart move, every edge I have ever been able to garner to make huge amounts of money in the market. In this book, I tell you everything that made me rich and everything that could have made me poor. I give you the secrets of how great wealth stays wealthy, secrets I have been taught by thirty-eight of the wealthiest families in the world-the families for whom I managed money for twenty years.”

So writes Jim Cramer, star of CNBC’s Mad Money and former highly successful hedge fund manager, in this invaluable guide to investing. Cramer explains how to allocate your portfolio so you can manage risk wisely. He explains why “buy and hold” has been replaced by “buy and homework,” and he reveals his Ten Commandments of Trading.

The Four Pillars of Investing: Lessons for Building a Winning Portfolio
By William Bernstein

In the commonsense investor’s guide, The Four Pillars of Investing, Bernstein returns with the knowledge and tools investors need to assemble low-risk, winning portfolios without professional advice. This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master-the relationship of risk and reward, the history of the markets, the psychology of investing, and the folly of taking financial advice from investment salespeople. Investing is not a destination. It is a journey. This book shows how to ignore distractions, stay the course, and determine your own financial direction with the sole goal of building long-term wealth for yourself and your family.

If you would like to view the latest financial information, please check out Weiss Financial Ratings.  This new electronic resource can be accessed through the SCPL website under e-resources. Powered by Weiss Ratings and Grey House Publishing, this website gives you powerful new tools to protect your finances, invest wisely, grow your wealth, and learn more about your finances.

So, if you’re getting the urge to jump into the stock market, come check out these resources or many of the others we have available. It will help you be more confident in your decision making and might even help make you wealthy!