The NOW Effect – a book review

The Now Effect, a book by Elisha Goldstein, PhD.As part of my goal to be more awesome! I will read twelve books this year and try to learn something from them. The first book that I chose is The Now Effect by Elisha Goldstein. I’ve previously written about Living in the Now, and I thought this book would give some useful directions on how to do exactly that. Read on to see if it did or not!

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Predictably Irrational – the hidden forces that shape our decisions

Seeing that I make my fair share of irrational decisions, I was curious about why I do that. Dan Ariely, a Professor of Psychology and Behavioral Economics at Duke, explains some of our irrational behavior in his book, Predictably Irrational. It was on offer this month for the princely sum of $1.99 (Kindle edition) so I treated myself. Otherwise your local library may have the book for free.

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The Drunkard’s Walk (Book Review)

The Drunkard's Walk After a taking a Random Walk Down Wall Street, I picked up a copy of The Drunkard’s Walk by Leonard Mlodinow from the local library. This isn’t an investment book per se, but as its subtitle, “How randomness rules our lives” suggests, it offers some insight into the confusing and often misunderstood world of randomness and chaos that surrounds us in both financial and everyday life.

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I will teach you to be rich!

I will teach you to be richI Will Teach You To Be RichI will teach you to be rich! OK, actually I won’t. But author Ramit Sethi will as he teaches you about money, living within your means and saving in this book.

Financial Independence is often described as a journey since it takes time and commitment. This book was the catalyst that revealed the first steps along that path to me, a path I never realized existed before. Here’s my long overdue review.

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A Random Walk Down Wall Street (Book Review)

First published in 1973, A Random Walk Down Wall Street (Eleventh Edition) by Burton G. Malkiel is an influential book on investing strategies which has been updated to an 11th edition in 2015. The author investigates different investing techniques, including technical and fundamental analysis and draws the conclusion that neither consistently beat a passive buy and hold strategy. He also offers advice on building and maintaining an investment portfolio of differing asset classes over a lifetime.

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What do investors really want?

Psychology forms a significant aspect of personal finance and investing that is often taken for granted but is now a field of study called Behavioral Finance. There are a wealth of factors influencing people’s financial decisions such as how much to save or spend, how much risk to take and what investments to invest in. In his book, What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions Meir Statman answers this general question by looking at the impact that human emotions, behavior and psychology have on financial decisions.

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