Reading your way to financial freedom

All of us started out as investment newbies. No-one was born already equipped with knowledge about personal finance, investments, savings and financial freedom out of our mothers' wombs. We were all born into this world, naked and innocent until the big bad world of finance and investments teaches us to start learning how to navigate the pitfalls in our journey towards financial freedom or pay hefty tuition fees in terms of lost opportunities, bad investments and loss of capital.

Reading your way to financial literacy
Part of the building blocks that you need in establishing a firm foundation for achieving financial freedom is to learn about financial literacy. You can also learn from talking to more experienced investors, friends and relatives who work in the industry or more importantly have achieved financial freedom and are willing to share. However, such people are not easily available on tap. What is available virtually anytime, anywhere are resources online through the internet as well as resources on paper in our well-stocked public libraries.

I have been seriously investing my own money towards my financial freedom since 2003 and I continue to read a book about personal finance, investments, equities every one to two months.

I am reading Benjamin Graham's "Intelligent Investor" one of the foremost books about investments you can find still valid today even though it was written in 1971. I have reserved a book by Martin Pring relating to technical analysis as that is one part of my investment knowledge that I need to beef up.


What are you reading today?
In order to build your foundation in financial literacy so as to achieve financial freedom, you need to read, read and read. Time is precious. You only have 24 hours a day. What will you do with it while you commute to/from work in the bus/MRT. While you wait for your doctor's/dentist's appointment. While you drop off your children at the tuition class?

Go read, read and read.

Be well and prosper.