2 answers
2 answers
Updated
Paco’s Answer
Great to have this interest. I recommend classes on Finance where you can learn concepts like net present value, cash flow and the power of compounding interest. Some schools and community colleges might offer "Personal Finance" which are great to get started. While you were asking for specific classes, I will recommend 2 books that you can read early in your career and that could help you get what you are looking for with investments: grow your wealth.
The 2 books that have been very impactful for me: 1. Millionaire next door- a classic that will open your eyes on the unexpected practices of people who are good at accumulating wealth over time. 2. One Thousand Ways to Make $1000- which Warren Buffet biographers credit for giving him a platform to build wealth. This one will explain why compounding is one of your best friends for creating wealth in the long term.
Be mindful that there are many traps out there on investing. The key is to find your own style of investing. But before doing that, acquire the basic knowledge on terms above so you have the right tools in your kit.
Good luck!
The 2 books that have been very impactful for me: 1. Millionaire next door- a classic that will open your eyes on the unexpected practices of people who are good at accumulating wealth over time. 2. One Thousand Ways to Make $1000- which Warren Buffet biographers credit for giving him a platform to build wealth. This one will explain why compounding is one of your best friends for creating wealth in the long term.
Be mindful that there are many traps out there on investing. The key is to find your own style of investing. But before doing that, acquire the basic knowledge on terms above so you have the right tools in your kit.
Good luck!
Updated
David’s Answer
If you're in college, consider taking courses in business administration or finance. These classes can teach you about financial analysis, choosing investments, and understanding equity or debt instruments. You'll gain valuable insights into how investment products work and how their value is determined.
If you're looking for basic knowledge and are 18 or older, you might enjoy reading or listening to these books:
- The Young Investor
- Personal Finance for Teens and College Students
I hope this information inspires you. Wishing you great success!