While building wealth is without a doubt, the main focus of Brick By Brick Investing, it’s important to realize the other avenues that lead to it. This stems from my solid belief and often stated theory that one should never chase money but instead focus on saving, eliminating debt, and becoming the best at your job. If you do all three of these things then money will come.
So how do we reach our absolute best?
Through education! I believe that education is critical, not schooling but self education. Reading is absolutely vital for an ambitious mind. For example, my goal is to read 30 books this year with the vast majority being financial, business or self-help. By reading, I not only learn more information on the topic I’m studying, but I also become better at analyzing an argument, forming my own, articulating my ideas, and especially writing. These are all critical things that are vital for an aspiring person or venture. It could mean the difference between stumbling over a business idea in an elevator speech, or blowing someone away with the clarity and brevity of an idea.
Below are a list of educational resources that I highly recommend for the ambitious minded investor, enjoy!
- Rich Dad Poor Dad
- Learn how to treat your personal finances like a business and MAXIMIZE your efficiency by increasing your surplus of cash every month in order to ELIMINATE liabilities/debt and PURCHASE assets.
- The Extreme Value Owner’s Manual
- This E-Book is free and gives you a crash course in value investing. With plenty of practical examples and analogies Dan Ferris does a magnificent job. While I have never met Dan I can unequivocally say that he has by far been the best teacher during my journey to an investment education.
- The Little Book That Still Beats the Market
- A very practical and easy to understand book for a novice investor. In less than a couple days I believe you will be able understand 80% of the principles that should be considered when contemplating investing in a company.
- F Wall Street
- A quick simple read for those wanting to understand the basic principles of value investing. Upon completion of this book you will be able to start properly evaluating stocks FOR YOURSELF!
- The Intelligent Investor
- Often referred to as “The Bible of Value Investing” this book is filled with timeless fundamentals of value investing particulary “margin of safety.” The originial version was written in the 1940’s but has been updated with recent commentary and examples to fit the modern day investor. This is an absolute must!