Skip to content

Ask HN: How do I learn how/what to invest?

17 pointsgravy7 comments
On HN

I know nothing about investing or "having my money make money". Where do I start?

Comments

https://www.bogleheads.org/wiki/Getting_started

Bernstein's "if you can" is a free ebook with an introduction to investing for retirement for young people in the USA: http://efficientfrontier.com/ef/0adhoc/2books.htm

A Random Walk Down Wall Street -- Burton Gordon Malkiel

https://putanumonit.com/2017/02/10/get-rich-slowly/ is a reasonable single-document starting point.

You might want to ignore the boring advice to put your money into an index fund and never look at it. This is what Jack Bogle, Warren Buffett, and several others recommend.

If you are itching to try stock picking do it. If you want to try options, do it. If you want to try bonds, do it.

After all of those itches have been scratched, and assuming you aren’t an accredited investor (200k+ income/yr or 1MM net worth), you’ll be happy to put it into an index fund and watch compound interest work it’s magic.

Also a good resource is the ERE wiki (these are people that actually do this for a living): https://wiki.earlyretirementextreme.com/w/index.php?title=In...

Read Bogleheads, Intelligent Investor and Buffett's letters to share holders. Then buy index trackers and try not to worry

I found Investments by Bodie, Kane, and Marcus to be helpful.

Educate yourself. I like A Random Walk Down Wall Street, Are You A Stock Or A Bond, and Your Money Or Your Life.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.