Top 10 Investment Books Every Doctor/Dentist Should Read in 2021

Top 10 Investment Books Every Doctor/Dentist Should Read in 2021: It is important for every doctor to invest, particularly for their retirement years. As a doctor, there comes a time when you don’t have all the energy to practice anymore. During this time, you will need to rely on your investments for financial balance.

Reading investment books can help you know the right path to take when you want to invest. Investment books provide you with all the necessary information you need to excel as an investor.

Below are the top 10 investment books that every doctor should read:

The Intelligent Investor

The Intelligent Investor was first published in 1949. It is written by Benjamin Graham.

Benjamin Graham was a British-born American economist, professor and investor. He is widely known as the “father of value investing”. Benjamin Graham was an influential investor whose research in securities laid the foundation for in-depth fundamental valuation used in stock analysis today.

“The Intelligent Investor” has gained recognition as the foundational work in value investing. The book centers on the values of investing strategy, and the practice of buying stocks for prices less than their value. “The Intelligent Investor” contains detailed information on how to make money in the stock market without taking massive risks while tackling the emotional aspect of investing.

The Little Book of Common Sense Investing

This book is written by John Clifton Bogle, the founder of the Vanguard Group. He was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group.

“The Little Book of Common Sense Investing” focuses on index fund investment strategies. The book clearly explains Bogle’s low-cost index fund investment strategy. It also explains the tips on how to make index fund investing work for you and your portfolio. The updated 10th-anniversary edition contains new information as it relates to the modern market.

Rich Dad Poor Dad

This book, “Rich Dad Poor Dad” is written by Robert Toru Kiyosaki.

Robert Toru Kiyosaki is an American businessman and author. He is the founder of Rich Global LLC and the Rich Dad Company. His company is a financial education company that provides personal finance and business education to people through books and videos.

“Rich Dad Poor Dad” is one of the most popular personal finance books of all time. The book tells the story of Kiyosaki’s growing up with his father and his friend’s father. It tells the story of what he learned from both his father and his friend’s father, from assets and liability to how you don’t need a large income to make money. The key takeaway from this book is that financial success comes from how you handle the money you do have, which includes smart investing. The book was first published in 1997. The updated 20th-anniversary edition includes updated information by Kiyosaki.

The Book on Rental Property Investing

“The Book on Rental Property Investing” is written by Brandon Turner.

Brandon Turner is an American real estate entrepreneur, author, and podcast show host of one of the web’s largest real estate investing communities. He is an author of other real estate investment books.

Investing in real estate is another excellent way to invest and build wealth. “The Book on Rental Property Investing” is an essential real estate investing book. The book contains detailed advice and tips on how to build your own rental property income streams. It contains information on common mistakes of real estate investors, how to avoid them, tips for finding deals on rental properties, how to finance rentals, and more.

Get Rich Carefully

The book, “Get Rich Carefully” is written by James Joseph Cramer, popularly known as Jim Cramer

Jim Cramer is an American television personality and the host of “Mad Money” on CNBC. He is a former hedge fund manager, author, and co-founder of TheStreet.com.

In the book “Get Rich Carefully”, the author provides a guide to high-yield, low-risk investing. The main purpose why Cramer wrote this book is that people can attain great financial success in a prudent, methodical way. The book seeks to offer simple, low-risk, yet successful ways of accumulating wealth.

The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing

“The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing” is written by James M. Dahle, MD.

James M. Dahle, MD is a practicing emergency physician from Salt Lake City, UT. He has a passion for personal finance and investing. He is the Founder of “The White Coat Investor” blog and podcast.

This book, The White Coat Investor: A Doctor’s Guide to Personal Finance and Investing” provides tips and advice on investing and personal finances specifically for physicians. The book offers a very good introduction to financial education. It shows readers how to arrange their lives and financial investments even as medical practitioners.

Best for Beginners: A Beginner’s Guide to the Stock Market

This book is written by Matthew R. Kratter. He is a bestselling author and former hedge fund manager.

The book “A Beginner’s Guide to the Stock Market” explains everything that you need to know about the stock market. It also explains how to make money from the stock market. The book covers topics ranging from common investor mistakes and how to avoid them, where to open a brokerage account, how to buy your first stock, how to make passive income in the stock market, and more.

The Millionaire Next Door

The book, “The Millionaire Next Door” is written by Thomas Stanley and William Danko.

Thomas Stanley was an American writer and business theorist. He is the author and co-author of several award-winning books on wealth creation.

Dr. William D. Danko is the co-author of “The Millionaire Next Door”

“The Millionaire Next Door” is an award-winning book. It is a York Times best-seller that details the habits of individuals with net worth of at least $1 million. This book contains seven common traits of people who accumulate this level of wealth.

In this book, the authors conclude that most people have low net worth compared to their income, which is often a result of their over-consumption. They further conclude that to build wealth, people must settle for lifestyles that are below their means. The book contains detailed information on how you can build wealth.

Think and Grow Rich

This book, “Think and Grow Rich” is written by Napoleon Hill.

Oliver Napoleon Hill was an American self-help author. “Think and Grow Rich” is among the 10 best-selling self-help books of all time.

“Think and Grow Rich” is part motivational guide and part financial guide. The author compiles stories and interviews from the business greats and successful people of his time like Andrew Carnegie, Henry Ford, and Thomas Edison to support his trademark “Law of Success” philosophy. The book was first published in 1937.

The book was updated in 2005 by Arthur R. Pell, an author, lecturer, and consultant.

The Simple Path to Wealth

The book, “The Simple Path to Wealth” is written by JL Collins.

JL Collins is a popular American financial blogger at JLCollinsnh.com and author of various financial books.

“The Simple Path to Wealth” is a complete guide on financial investments. The author covers a whole lot of topics including debt, the stock market and how it works, investing in both a bull and bear market, asset allocation, and more. The book also contains detailed information on different retirement funds, from a 401(k) to a Roth IRA, and the 4% rule.

Conclusion

The digital world is saturated with a lot of resources on investments. We have helped you narrow down the best books on investments for doctors and any other person that want to know more about investments. Reading these books will provide you with the needed information and knowledge to kick start your investments and succeed in them.