I just finished Ben Roth’s: The Great Depression: A Diary. The book was written by Benjamin Roth, who was a lawyer in Youngstown, Ohio during the Great Depression. His diary entries span the period from 1929 to 1942. What was amazing to me about this book is that his characterization of the economics and politics of that time period is eerily similar to today’s environment. Excessive leverage was utilized to purchase homes and stocks ,which led to a bubble in prices of both asset classes leading to the crash. Unemployment persisted for years and people clamored for “change,” ushering in Roosevelt which led to the institution of large social programs and unionization of America. Small businesses were especially vulnerable to the governmental regulations and lack of liquidity in the marketplace.
by Daniel C. Goldie and Gordon S. Murray
Jargon-free and written for all investors–experienced, beginner, and everyone in between–The Investment Answer distills the process into just five decisions–five straightforward choices that can lead to safe and sound ways to manage your money.
by William J Bernstein
A timeless approach to investing to help you invest for a lifetime of uncertain events.
by Richard A. Ferri
A good comprehensive discussion of the basics of ETFs and how you can use them in your investment portfolio.
by Jason Zweig
Learn how our emotions affect our behavior with respect to investment decisions.
by Dan Ariely
Describes how our emotions affect our economic behavior and how, if we manage these emotions, we can avoid common investment mistakes.