Finance expert Mike Periu on the books and resources top investment experts recommend for the Novice Investor.
U.S. investors have over $10 trillion in retirement accounts like IRAs and 401(k)s. These accounts require investors to make decisions about what to do with their money. Unfortunately, financial literacy tests generally show that we as consumers simply don’t know enough about finance and investing to make good decisions. In general they make the point that it’s unrealistic to try to “beat the market” for the average investor. Instead, it’s better to position your investments to earn market returns and keep fees low along the way.
Some of the top investment experts in the country recommend the following books as good starting points for novice investors: A Random Walk Down Wall Street by Burton Malkiel; The Little Book of Common Sense Investing by John Bogle; The Investment Answer by Daniel Goldie and Gordon Murray; Winning the Loser’s Game by Charles Ellis; and Risk Less and Prosper by Zvi Bodie and Rachelle Taqqu. There are also some great online resources available like MyMoney.gov and StLouisFed.gov.
About small business finance expert Mike Periu
Mike Periu has experience in small business finance. He founded Proximo, LLC a company that offers consumer and small business training services focused on technology and money.
Mike Periu teaches individual empowerment through entrepreneurship and financial literacy. He has appeared 500+ times on television and radio. Visit the Reach and Media pages of his website to learn more about where he has appeared.
You can read more of Mike’s articles on his blog or at American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Mike has a degree in International Business and Finance which he received at Georgetown University in Washington, DC. He received a Fellowship from the Kauffman Foundation for the Labs for Enterprise Creation program in Kansas City.