Law School Discussion

Good books/website for financial advice.

Astro

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Good books/website for financial advice.
« on: March 13, 2007, 09:48:49 PM »
I'm a complete n00b when it comes to finance.  I want to start investing during law school (long story -- it won't be much, but I want to get started).  Unfortunately, I don't even know the basics.  Not even the terminology.

Anyone have some suggestions where to start reading? 

mugatu

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Re: Good books/website for financial advice.
« Reply #1 on: March 13, 2007, 11:36:34 PM »
One of my classes used a "For Dummies" book in UG.  'Course, it was Bioinformatics for Dummies, but still.   :D

I'm a complete n00b when it comes to finance.  I want to start investing during law school (long story -- it won't be much, but I want to get started).  Unfortunately, I don't even know the basics.  Not even the terminology.

Anyone have some suggestions where to start reading? 


Not reading, particularly, but what type of investing did you have in mind?

Astro

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Re: Good books/website for financial advice.
« Reply #2 on: March 13, 2007, 11:39:26 PM »
Not sure yet.  I hope to figure that one out.

mugatu

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Re: Good books/website for financial advice.
« Reply #3 on: March 13, 2007, 11:42:41 PM »
Well, if you do down the list:

Savings accounts (high rate, like ING)
CDs
Mutual Funds
Stocks/Bonds/etc.

ingdirect.com has reasonable explanations of the first three, and how they might work.

thestradgirl

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Re: Good books/website for financial advice.
« Reply #4 on: March 13, 2007, 11:43:27 PM »
A few friends of mine swear by these two books:



They claim that these books have changed their lives. They are all musicians (and therefore not naturally attuned to how $$$ moves) with a history of financial struggle. All doing very well now, one of them nearly done with mortgage payments for his house. That guy recommended the Suze Orman book with heartfelt urgency to me, so it really stuck with me. I have yet to read it, obviously. Ugh. I mean to pick these up soon.
The second book is specifically for women so this book,  The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by the same guy might be for other folk.

juliemccoy

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Re: Good books/website for financial advice.
« Reply #5 on: March 14, 2007, 12:13:18 AM »
Young, Broke and Fabulous is a terrific book by Suze Orman that every college student and recent grad or 20-30 something should read! It's all the things I wish my parents had taught me about money, spending, and saving!