Spoiler alert: the best books to learn about investing will never teach you about getting rich fast and making quick money.
Instead, they almost always focus on playing the long game, discussing the right mindset and building a strong foundation in understanding fundamentals, like how the economy works.
At least, that’s what I learned when I asked for best book recommendations specificto investing in a personal finance group. It was kind of a humble pie moment – I thought I read a lot, but I’ve only read one out of the 10 books on this list!
For your (and my) benefit, I’ve compiled the recommendations here, along with their video summaries. Here are some best books to learn about investing, suitable for beginners as a starting point all the way to experts to use as refresher material.
If you found this article from Google search, I’m guessing you’re either (a) desperate for money, (b) looking for easy money, or (c) both.
(although to be fair no one is NOT looking for easy money. )
If you’re (a) – desperate for money – my sympathies. This article is exactly for you. I can only imagine the mental stress you’re going through. Maybe you need money to pay rent this month. Maybe your car or house is about to get possessed by the bank. Maybe a sudden, unexpected medical bill wiped out your emergency savings.
And all the financial articles you read online… weren’t exactly helpful. Now, correct me if I’m wrong, but ‘don’t get into the situation in the first place’ is a horrible thing to say to someone who’s going through the problem.
It all started when I posted this on Ringgit Oh Ringgit’s Facebook and Twitter page:
It got some pretty freaking amazing answers. Rather than losing them forever in social media, I thought I’d compile them and turn it into unpopular opinions: money edition-article. Thank you so much for everyone who gave me permission to post their answers here.
Here are some unpopular opinions about money, in no particular order:
#1 – ASB and EPF will no longer deliver high returns
Unexpected expenses suck. They suck so much. They suck more than vacuum cleaners.
The worst part is you can’t avoid them. You can minimise them, sure. You can budget them in. You can set up an emergency savings fund. But you can never avoid them altogether.
As far as I can tell, there are two reasons why you can’t avoid them: (1) Life’s too unpredictable and (2) You might do something stupid (like I did, when I punctured a hole in my freezer while trying to chip away the ice buildup. I’M MAD BECAUSE THIS IS THE SECOND FRIDGE I RUINED THIS WAY)
When I asked the RoR Facebook and Twitter community about their unexpected expenses, I got a bunch of replies. I was surprised (was I though?) that many unexpected expenses were car-related! You told me about how you need to do major repairs after getting into accidents, need to replace batteries and alternators, need to fix the aircon, need to get new tyres, need to settle unexpected summons, and more.
A smaller number of you mentioned home ownership-related expenses too. Some had to fix leaked rooftops, some needed toilet repairs done.
What are other unexpected expenses aside from car and home-related expenses? Much more than you think. I compiled some of the other answers here so you get to see how unexpected expenses look like for the average Malaysian.
EDIT: Preorder period is officially over! Thanks so much for your support. If you missed the preorder, you can still make book purchases from the links above.
Holy shit this is happening. Money Stories from Malaysians: Volume 1 is finally (almost) done!
At writing time, I’m in the midst of printing the physical copies and setting up accounts in ecommerce platforms beyond RoR platforms.
That’s not all. I still have to figure out the marketing and advertising, the contracts, the profit sharing methods, and a bunch of other stuff.
I was going to wait to sell the book until everything is done, but thanks for your advice, I have decided to proceed with the sales. Therefore I am happy to announce that the pre-order for Money Stories from Malaysians: Volume 1 is OPEN NOW!
Just to clarify, the ebook version is now available. The book version will be available and shipped out by mid-March 2019.
Here are some reasons to make your pre-orders now 🙂
Reason #1 – You’re curious about any of the 10 storylines
On 12 January 2019, I attended an investment event organised by multi-award winning Kenanga Group. The name intrigued me right from the start – you don’t come across something like Market Outlook Symposium 2019: Smart Investing or Dare Betting? every day. Held from 9am-2.30pm, the event packed in five speakers (and a lunch break). You can check the agenda of the day and speakers’ profiles here.
I had fun live-tweeting the whole event. Click on the Twitter thread below to read 50+ tweets giving play-by-play account of each speaker’s presentation. Among others, you’ll find stock picks by Kenanga Investment Bank’s Head of Research, a warrants trading tool (that may help you get double-digit ROIs), what to do with your money during bear markets and more.
Here are some things I learned from the event. Some commentaries are not specific to the event itself, but an overview of the general investment events scene in Malaysia. This article is sponsored by Kenanga, but all opinions are mine.
#1 – The Kenanga-organised event… exceeded expectations
Since I started Ringgit Oh Ringgit, I’ve been lucky enough to be approached by brands that want to work with me. I’ve done sponsored content for at least 10 companies now, including some pretty big names in the financial space.
Like I mentioned in my What It’s Like to be a Personal Finance Blogger in Malaysia article, I didn’t set out wanting to be a ‘KOL’ (key opinion leader), or an influencer of any kind. In fact, hearing people calling me a KOL/influencer is still weird. It only sunk in after a friend sat me down and berated the shit out of me. Thanks friend for the tough love approach, I appreciate it, even if you did call me some unprintable words.
So with that in mind, I thought it would be fun to write about my experience so far, and a little bit about influencers in Malaysia. Here are some things I learned.
#1 – Influencers sell attention, a high-value commodity
If you love personal finance as a topic but have not explored Malaysian Twitter yet, do I have a treat for you today.
Following my popular personal finance Instagrammers in Malaysia article, I thought I’d compile the Twitter version pulak. Here are some Malaysia-based personal finance Twitter accounts you definitely should follow. Note that I have intentionally excludedother personal finance thought leaders in Malaysia who don’t use Twitter as their main engagement channel (bloggers, Instagrammers etc). I also exclude Twitter accounts maintained by finance-related companies and media.
This names in this list links directly to their Twitter accounts and appear in no particular order. If I missed out anyone, do let me know (or leave a comment with a link to the profile!)
I built and launched this deal-finding platform in seven days, but had the idea since 2009-2010, when I was still studying in the UK. At the time, I was a big fan of HotUKDeals.com, ‘UK’s biggest deal-finding community’.
That’s not an exaggeration. HotUKDeals has over 3.5 million fans on Facebook. People really do love user-submitted deals that can be sorted by votes.
To be honest, I’m surprised there weren’t any existing equivalent of HotUKDeals.com in Malaysia. I’ve looked and searched for years, until finally decided to make it myself.