Here are some of my top recommendations for resources which I have found useful for investing, starting a business, planning and gaining financial independence. I only recommend products which I have used personally and try to provide the best advice possible.
Recommended Books on Investing, Finance & FI
The following video shows a comprehensive list of top investing books. The tool shown and links to purchase the books are available here.
Below are reviews of some really useful and interesting books that I have read since I started getting my finances in order.
A Random Walk Down Wall Street: The Time-tested Strategy for Successful Investing By Burton G. Malkiel
When I read this book in 2014, it made me aware of the various types of bubbles and crashes which have happened in history from the 17th century Tulip craze in Holland, 1929 Wall Street crash, 1990s dot-com bubble to the recent events in 2008. This made me understand more about acting rationally while investing. Also included are useful financial definitions and strategies. I recommend this as a “starter” book, an absolute classic.
The Millionaire Next Door By Thomas J. Stanley, William D. Danko
Fascinating is the word I use to describe this book. Like a lot of people, I used to think that the wealthy were defined by huge incomes, fancy cars, larger houses, big spending etc. While reading this, I realised that this was a misconception. Based on fact based surveys and research in America, this book reveals who the real wealthy are and how others can apply their principles to create wealth. The audiobook is also helpful.
The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New Rich By Tim Ferriss
The 4 hour work week is a must read book which introduces concepts such as automation of work tasks, outsourcing business activities and end to end product development. Mastering these concepts will ensure that you can have more time to dedicate to goals and lifestyle which you want to follow. Redefine the old concepts of retirement and enjoy life now.
The Bogleheads’ guide to investing By Taylor Larimore, Mel Lindauer, Michael LeBoeuf and John C. Bogle (Foreword)
It is all about keeping costs to a minimum, making investing simple and staying the course. This interesting and witty book encompasses all the wisdom provided by Vanguard group founder John C. “Jack” Bogle. The investing approach offered in this book is time tested, proven and achievable. This is one of my top picks when it comes to basic investing advise. Well worth having in you library.
Tools for Building an Online Platform
I use Bluehost as the hosting service for this site which is based on WordPress. The Bluehost sign up process is straight forward and there are plenty of deals available depending on how long you want to sign up for. I went for a 3 year deal which cost me about £100. So far I have found the service to be seamless and web pages load really quickly. Click below to sign up.
A number of tools and calculators are available to help you achieve financial independence, eliminate debt and become a better investor. Useful tools can be accessed here:
I use the Skyscanner website every time I book a flight to ensure that I get the best price. Skyscanner allows you to search for all the flight options available for your trip using variables such as different airlines, dates and airports so that you can get the best deal and save money. Users can also search for best deals on hotels and car hire. The service is available in multiple languages and also provides regular tips for travellers.
Selling Products Online – Fulfilment by Amazon (FBA)
My series of posts on the Fulfilment By Amazon (FBA) programme contain useful resources for this business model. FBA enables users to set up their online stores on Amazon’s platform and could be a source of side income. The link to the posts is available here.