Investing 101

Where can I learn more about managing my finances?

Financial literacy is a journey, not a destination. Here are some excellent resources to help you build your knowledge and confidence in managing your finances. Books for Beginners "The Index Card" by Helaine Olen and Harold Pollack - Simple rules for financial success that fit on an index card "A Random Walk Down Wall Street" by Burton Malkiel - Classic introduction to investing principles "The Bogleheads' Gui

Financial literacy is a journey, not a destination. Here are some excellent resources to help you build your knowledge and confidence in managing your finances.

Books for Beginners

  • "The Index Card" by Helaine Olen and Harold Pollack - Simple rules for financial success that fit on an index card
  • "A Random Walk Down Wall Street" by Burton Malkiel - Classic introduction to investing principles
  • "The Bogleheads' Guide to Investing" by Taylor Larimore - Practical advice based on Jack Bogle's investment philosophy
  • "Your Money or Your Life" by Vicki Robin - Transforming your relationship with money

Online Resources

  • Bogleheads.org - Community forum focused on passive investing
  • Morningstar.com - Investment research and education
  • Consumer Financial Protection Bureau (CFPB) - Government resources for financial education
  • Khan Academy Personal Finance - Free courses on financial basics

Podcasts

  • The Investors Podcast - Value investing and financial markets
  • Planet Money - Making economics accessible and interesting
  • So Money with Farnoosh Torabi - Personal finance strategies and stories
  • ChooseFI - Financial independence and smart money management

Key Topics to Explore

  1. Budgeting: Understanding income, expenses, and cash flow
  2. Emergency Funds: Building financial security
  3. Debt Management: Strategies for paying down debt effectively
  4. Investing Basics: Stocks, bonds, mutual funds, and ETFs
  5. Retirement Planning: 401(k)s, IRAs, and long-term strategies
  6. Tax Efficiency: Understanding how taxes impact your investments

Working with Professionals

While self-education is valuable, consider working with:

  • Fee-only financial advisors for comprehensive planning
  • Certified Public Accountants (CPAs) for tax strategies
  • Estate planning attorneys for wills and trusts

Remember, the best financial education combines learning with action. Start small, be consistent, and don't be afraid to ask questions. At Ethical Capital, we're always happy to help explain concepts and support your financial journey.