Friday, August 22, 2008

Recommended Reads!

Expanding your knowledge and implementing it is a cornerstone of life. Obvious? Why is it then people don't exercise this with their investments? I've had the chance to read some great books, and would like to share my thoughts.

Rich Dad, Poor Dad by Robert T. Kiyosaki
If you haven't read it, READ IT. This should be required reading in high schools across the country! Mr. Kiyosake has written many books on investing and his company provides outstanding financial learning tools. This is a must read.

Trump Strategies for Real Estate; Billionaire Lessons for the Small Investor by George H. Ross
If your like me, then you must appreciate Donald Trump and his style of business. This book takes some of the best deals Trump has made, and relates them to how a small investor can use those same tactics. Obviously not the first book you would pull off the shelf and read if you are new to investing, but is by far a very good book.

Trump The Art of the Deal by Donald J. Trump
Not so much about sharing strategies, this book accounts for the early deals Trump did, and goes on to explain his thinking. The reason I like it is because it gives you a bit of a chip on your shoulder when you read it. The negotiation techniques he discusses with his deals are admirable, and can give you a grin while reading it. Overall, great read.

Investing in Real Estate with Lease Options and "Subject-To" Deals by Wendy Patton
A very informative book, specializing in a special niche of investing. This is almost an instruction manual on how to do these deals, and comes with a flurry of information, including the upsides and downsides. Although this is something that I would not recommend a new investor to try first, reading this book does allow you to open your mind more concerning different ways to invest.

I Am America (And So Can You!) by Stephen Colbert
This has absolutely nothing to do with investing. However, I just finished reading it, and it is a very hilarious book.

I hope you take up my suggestions.