Re:Ask HN: What are some good resources to learn how to inve...
by dclaysmith on Wednesday June 20, 2018 @03:59PM
(#17359170)
https://www.reddit.com/r/personalfinance/
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Re:Ask HN: What are some good resources to learn how to inve...
by pembrook on Wednesday June 20, 2018 @04:40PM
(#17359540)
Reddit is good for things like getting out of credit card debt, how big of a mortgage should I take, and other basic personal finance stuff.
However I've seen some pretty bad advice thrown around when it comes to investing.
Bogleheads is a much better resource for that.
Re:Ask HN: What are some good resources to learn how to inve...
by davidhegarty on Wednesday June 20, 2018 @04:09PM
(#17359261)
Going to echo this one. Plus the following two books:
1/ Richest man in Babylon
2/ Rich Dad, Poor Dad.
Both written for the simplest of readers but great advice clearly told.
(Summaries are probably good enough)
Re:Ask HN: What are some good resources to learn how to inve...
by EnFinlay on Wednesday June 20, 2018 @04:21PM
(#17359389)
Summary of Rich Dad, Poor Dad:
Assets are things that give you money. Liabilities are things that cost you money. Therefore your house is a liability until it is sold, at which point it MIGHT be a net asset. Try to maximize your assets and minimize your liabilities.
It sounds simple, and it is, but that's the primary lesson in the book IMO. It's eye-opening the first time you see things that way.
Re:Ask HN: What are some good resources to learn how to inve...
by 0x4f3759df on Wednesday June 20, 2018 @04:46PM
(#17359596)
The greater point is if you become a landlord, you get rich with the bank's money.