Ask HN: Getting started with personal investing

#1

Post by carlsednaoui » Thu, Jul 28, 2016, 9:15 PM UTC

Hi HN, I'd love to get your thoughts and ideas on books / resources to start investing as an individual.

The idea is that, as a 28 year old, I'm now able to put some money aside and I'm interested in investing it — but lack a strategy or the foundation to build one.

Any book recommendations, blogs, podcasts, or other would be greatly appreciated.

Thanks!

Re: Ask HN: Getting started with personal investing

#2

Post by jkraker » Thu, Jul 28, 2016, 9:18 PM UTC

The Intelligent Investor by Benjamin Graham.

Re: Ask HN: Getting started with personal investing

#3

Post by TaylorGood » Thu, Jul 28, 2016, 9:18 PM UTC

Same age - using Wealthfront for long-term investing; called it a day there and remain focused on revenue streams.

Re: Ask HN: Getting started with personal investing

#4

Post by forgetsusername » Thu, Jul 28, 2016, 9:30 PM UTC

>but lack a strategy

Diversification is the most important strategy.

Re: Ask HN: Getting started with personal investing

#5

Post by carlsednaoui » Thu, Jul 28, 2016, 9:46 PM UTC

TaylorGood wrote: post #3

Same age - using Wealthfront for long-term investing; called it a day there and remain focused on revenue streams.

Nice, how have you been liking Wealthfront? I do have an account with Betterment (I think they're both practically the same).

Re: Ask HN: Getting started with personal investing

#6

Post by carlsednaoui » Thu, Jul 28, 2016, 9:47 PM UTC

jkraker wrote: post #2

The Intelligent Investor by Benjamin Graham.

Thank you for the recommendation — will check it out

Re: Ask HN: Getting started with personal investing

#7

Post by carlsednaoui » Thu, Jul 28, 2016, 9:47 PM UTC

forgetsusername wrote: post #4

> but lack a strategy Diversification is the most important strategy.

Thanks for the input. How would you go about diversifying?

E.g. Hold savings in different currencies? Mix of stocks, bonds, REITs? Let me know what you think.

Re: Ask HN: Getting started with personal investing

#8

Post by tjr » Thu, Jul 28, 2016, 9:59 PM UTC

I rather liked Stein & DeMuth's Yes, You Can Get a Financial Life: https://www.amazon.com/Yes-You-Can-Financial-Life-ebook/dp/1...

Re: Ask HN: Getting started with personal investing

#9

Post by carlsednaoui » Thu, Jul 28, 2016, 10:13 PM UTC

tjr wrote: post #8

I rather liked Stein & DeMuth's Yes, You Can Get a Financial Life : https://www.amazon.com/Yes-You-Can-Financial-Life-ebook/dp/1...

Thanks so much for the recommendation, will check it out!

Re: Ask HN: Getting started with personal investing

#10

Post by carlsednaoui » Thu, Jul 28, 2016, 10:15 PM UTC

jkraker wrote: post #2

The Intelligent Investor by Benjamin Graham.

Just saw this as one of the summer reading reco's from YC :) http://themacro.com/articles/2016/07/yc-summer-reading/