Saturday, November 30, 2013

These Books Shaped My Investing Strategy

My journey to becoming a dividend growth investor was a very long and arduous one. I have been following the stock market for years, but didn’t really gain an understanding of it, until a few years ago. The following books helped me to learn about investing from people who are practicing it and are successful at it. I then used the lessons from these books to craft my own dividend growth strategy, that is unique to my investment goals and objectives of living off dividends in retirement. The books that shaped me as an investor include ( in no particular order):

Stocks for the Long Run : The Definitive Guide to Financial Market Returns and Long-Term Investment Strategies, by Prof Jeremy Siegel

The Ultimate Dividend Playbook: Income, Insight and Independence for Today's Investor, by Josh Peters

The Dividend Rich Investor: Building Wealth With High-Quality, Dividend-Paying Stocks, by Joseph Tigue

The Single Best Investment: Creating Wealth with Dividend Growth by Lowell Miller

One Up On Wall Street : How To Use What You Already Know To Make Money In The Market
Beating the Street, by Peter Lynch

Beating the Street, by Peter Lynch

Stop Working : Here's How You Can!: Using the Strategy of Canada's Youngest Retiree, by Derek Foster (Check my review of the book)

The Snowball: Warren Buffett and the Business of Life, by Alice Schroeder

Common Stocks and Uncommon Profits (Revised Edition), by Philip Fisher

The Intelligent Investor: A Book of Practical Counsel by Graham, Benjamin

Damn Right! Behind the Scenes with Berkshire Hathaway Billionaire Charlie Munger, by Janet Lowe

In the future, I plan on posting my reviews of these books to my site. Please check the post as it would likely expand over time, and would also include links to my book reviews.

Personal Finance Focused Books

Cashing in on the American Dream: How to Retire at 35, by Paul Terhorst

Rich Dad Poor Dad, by Robert Kiyosaki

Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence, by Joe Dominguez

How To Retire Early And Live Well With Less Than A Million Dollars, by Gillete Edmunds

In addition, I would also encourage you to check the Warren Buffett investing resource page, which includes links to his shareholder and partner letters, plus notes from Berkshire’s shareholder meetings.


  1. Nice!

    A great list of books, I have some reading up to catch on!

  2. I am in the middle of The Snowball...the book is AMAZING!

  3. I enjoyed Rich Dad, Poor Dad. Simple and easy to read.

    Perhaps i should pick up The Snowball as well...

  4. Hi,

    This is a good list of books. I have read a few One Up On Wall Street, Beating the Street, Rich Dad Poor Dad, The Snowball and Your Money or Your Life.

    Still have a long way to go!


  5. I could add "the Little Book of Big Dividends" By Charles Carlson. I Use the "Single Best Investment" as my main investment manual. Thanks for all you do for others.

  6. rich dad poor dad is very interesting to read. harry

  7. Thanks for the list! Always looking for new books to add to my list. About a quarter of the way through rich dad poor dad currently. Looking forward to chipping away at a few more in the next few months.

  8. Another book definitely worth reading is the "Bogleheads Guide to Investing". It is primarily focused on buying inexpensive index funds (through Vanguard) but it has a wealth of information in it! Part of why I recommend it here on a site devoted to dividend growth investing is that it pays to use index funds for one's mid and small cap exposure (as well as foreign/ emerging markets) while individual DG stocks for our large cap stocks. At least that is what I have been doing for the past 10 years, with good results too. Definitely worth reading!!!

  9. I was hoping your article would be what I was looking for, but it is not. I wonder if you or anyone here, could recommend a book for a young man who hasn't yet even considered investing. He is in need of some real life, modern inspiration in becoming a breadwinner and eventually an investor. And he is on my in-law Christmas list.

    1. Try Dave Ramsey's "Total Money Makeover". It's a practical guide to getting to a point where investing makes sense.
      As a retired investment adviser, and a dividend growth advocate, I don't follow DR's focus on mutual funds, although it makes sense for many novice investors.

    2. Thanks SkipinFL, I think you have hit on a great selection from the reviews I've just read. I hope a few more ideas come in, cause at this price I might add a couple more. Thanks again.

    3. The young man might like something by David Chilton. He has just revisited his classic, The Wealthy Barber.

  10. I actually have the two Peter Lynch books out so that I can reread them since it's been over 20 years since I read them the first time. Excellent books for do-it-yourself investors.

  11. Well I should have already updated this request for book ideas. I bought him Finance and Manage Your Life: A Planning Guide for Generation Y, by James S West PH.D.

    Here's the author descriptive: The book's overriding theme is that any discussion of personal finance also needs to consider other important life issues; that you can't manage your finances successfully unless you have clear life goals and objectives. Conversely, you can't achieve most life goals without looking at your finances. In other words, these topics are inherently interrelated and, together, they should become part of a total life plan that includes: *Establishing your life goals and objectives. *Managing your time. *Managing and reducing your stress. *Planning your career development. *Organizing your physical environment. *Developing a "me" plan for health, fitness, and appearance. *Managing interpersonal relationships. *Developing and implementing a financial plan for now and the future. *Focusing on the interrelationship of financial planning with all of the other parts of your total life plan. The time to think about planning your life and finances is now. The earlier you do so, the more likely you are to achieve all of your goals.

    $15 and would have paid twice that


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