Craig Israelsen’s 7Twelve: A Diversified Investment Portfolio with a Plan is an excellent read about a very well-thought-out investment portfolio. Dr. Israelsen named the portfolio “7Twelve” after its components: seven asset classes divided into a total of twelve funds. This, he said, is how an investor can gain investment breadth as well as depth.
The Richest Man in Babylon has become one of my favorite books. My dad traditionally gives it to each member of our family as we graduate high school, and I can see why: it’s exceptionally inspiring and teaches well many important financial principles. Its use of parables to teach these principles is something I find… Read more »