Investing in your own financial education

I am currently reading the book, "A Random Walk Down Wall Street" by Burton G. Malkiel and I must say his writing style is relatively easy to follow and very folksy! I've just started on his book and will post a book review when I have completed it.

Investing in your financial education by reading
The reason why I am introducing this book is to emphasise the importance of reading and getting ourselves equipped with the experiences of people who have been there and done that. In order to better prepare ourselves for our investing present and future, we must learn the mistakes of the past vicariously through the recorded experiences of smart players who have survived the investment boom and bust cycles.

Visit a library now and start reading about investments
When I visit investment forums, there are many people who ask "noob" or newbie questions about investments. That is to be expected as there is a sucker born every minute! I was one of those suckers once too and had my share of losing money. However, if you are serious about developing a realistic roadmap towards financial freedom, you must invest in educating yourself in investments. While the best things in life tend to cost a lot, knowledge can be gained if one is willing to invest time and effort in it. Our tax dollars pay to run the public libraries located conveniently across Singapore and really there is no excuse not to make a trip down during evenings or even weekends to avail ourselves to the wealth of knowledge that resides in the libraries.

The book I am reading comes from the Central Lending Library located along Bras Basah road. You can find this and similar books scattered all over the business or investment sections of the public libraries. Simply wander around the business section, hop on to the online catalogue and search for books on investment or ask the nearest librarian staff for help, they will direct you to where true riches first exist...In your mind as ideas and thoughts supported by a strong desire to grow your financial literacy and education.

Some of the books that you can consider reading include, "The Richest Man in Babylon", "Think and Grow Rich" and "One Up on Wall Street". All of these and more are available in our public libraries.

Financial freedom is a long journey, equip yourself with the ideas of the best brains in the business by spending a couple of hours a week reading. On the train/bus, in the loo, on a lazy weekend morning or just before bed. This small investment in your own personal development will reap rich rewards as you grow in your financial quotient!

Be well and prosper.