I don't lack confidence. My mom is a business owner and has been investing money for me and the rest of the family since I was born. But I have a tendency for excessive spending and occasionally giving gifts when I can't really afford it. Reading Orman's book has inspired me to spend more time on personal finances. My mom already did a great job by investing the maximum every year in my Roth IRA and setting up a Vanguard retirement and brokerage account for me (with no service fees!). I've got a great start.
For young people like myself, Ramit Sethi recommends three books to learn about investing.
- Suze Orman, The Money Book for the Young, Fabulous, and Broke
- Taylor Larimore, Mel Lindauer, Michael LeBoeuf, The Bogleheads' Guide to Investing
- David Swensen, Unconventional Success: A Fundamental Approach to Personal Investment