Financial Literacy Books

Knowledge is Power. Check out these books:

  1. Rich Dad, Poor Dad by Robert Kiyosaki
  2. The Millionaire Next Door by Stanley and Danko
  3. The Intelligent Investor by Benjamin Graham
  4. 4 Hour Workweek by Timothy Ferriss
  5. Street Smarts by Jim Rodgers
  6. Think and Grow Rich by Napoleon Hill
  7. The Defining Decade: Why Your Twenties Matter–And How to Make the Most of Them Now by Meg Jay, PHD
  8. One Up on Wall Street  by Peter Lynch
  9. The Little Book of Common Sense Investing by John Bogle
  10. Do What You Love and The Money Will Follow by Marsha Sinetar
  11. The Subtle Art of Not Giving a F*ck by  Mark Manson

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Withdrawal rate and why it is important

A withdrawal rate is the quantity of money, expressed as a percentage of the initial investment, which can be withdrawn per year for a given quantity of time without depleting your portfolio. In other words, the rate represents how much stocks, bonds, mutual funds, etc. you sell each year...

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