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Learn to Earn : A Beginner's Guide to the Basics of Investing and Business

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Title: Learn to Earn : A Beginner's Guide to the Basics of Investing and Business
by Peter Lynch
ISBN: 0-684-81163-4
Publisher: Fireside
Pub. Date: 25 January, 1996
Format: Paperback
Volumes: 1
List Price(USD): $14.00
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Average Customer Rating: 4.11 (46 reviews)

Customer Reviews

Rating: 5
Summary: A brilliant starting point for new investors
Comment: This book was absolutely excellent. Not only was it very readable, it is also written in easy to understand investment terms. It should be required reading for all high-school students. Provides an excellent "kick in the pants" incentive for people to get into the great world of stocks and mutual funds. The first half of the book gives a fine history of how the stock market got started and the second half explains the hows and whys of investing. The best thing about this book is it makes you want to invest and that's always a good thing, particularly if you go into it for the long term.

Rating: 5
Summary: Simple to understand, excellent for beginners
Comment: This book is almost like a "history of US economics" but it is presented in an extremely light-hearted and easy to read manner. It traces the ups and downs of economic cycle and explain how the economy had evolved to its current state. The author presents many familiar successes(Coke,Nike, etc...), in many different and interesting perspectives. It sets you thinking that all these success stories did not happen too long ago and many are still happening.

For beginners, it is important to understand and research the companies. Pick the good ones and stick with them by having a lot of patience and discipline to resist the fluctuations in the free market.

Rating: 4
Summary: Step One
Comment: Good beginning book if you have never taken a business class in school or are brand new to investing
Mr Lynch's advice:
Start now
Have a plan
Do your homework
Hang in there for the long term (a 20 year timeline)
I suppose you could apply it to almost anything in life. Losing weight, studying a foreign language, or starting a business etc.
This advice seems a little vanilla to me, however if you are just starting out this may be all you need.
Buy this book if you are in stage one of your investment path.

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