* The Internet offers accessible, easily understandable ways to expand your financial portfolio
* These books teach you valuable financial tactics and techniques
* Many are best-sellers, and come with top Amazon reviews
Like almost everything in our lives, the Internet has drastically changed the financial industry as well. Before the advent of the computer, Wall Street was utilizing something called a ticker tape, a machine that would print a consistent stream of updated stock listings onto a seemingly endless roll of paper. With the rise of modern computing tactics in the 1980s, things began to become more instantaneous, allowing hedge funds to react more efficiently to adjustments in the market.
However, as the Internet made its way into households, investors began to see the massive potential market at their fingertips, leading to the dot com bubble at the turn of the century. Although the bubble burst, an indelible impression was made, including the realization that investing and trading didn’t have to be limited to hedge funds. Look no further than the seven books below, which offer user-friendly advice on how to utilize this new financial playing field found online. Whether you’re thinking of making a switch to investing full-time, or would simply like a little extra spending money, these books offer straight-forward, no-nonsense instructions.
1. The Online OILFIELD: How to Make Money Online in the Internet Era
While the Internet provides a whole new playing field in which to invest, it can be hard to know where to start, especially if you’re new to the financial world. Sam Richardson writes for people who don’t come equipped with MBA’s, and are more interested in investing as a way to earn a little extra income.
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2. How to Make Money in Stocks: A Winning System in Good Times and Bad
From the founder of Investor’s Business Daily, William J. O’Neil, this #1 bestseller in Amazon’s Public Finance category studies effective market strategies over the past twenty years, and teaches you how to use them. O’Neil’s seven step process gives advice on investing in stocks and ETF’s, and contains over 100 charts to help clearly and concisely explain his process.
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3. I Will Teach You To Be Rich
What can we say- it’s in the title. Ramit Sethi has written a six-week course aimed at 20 to 35 year-olds, advising them on personal finance. Written in an open, non-judgmental style, this book is a great jumping off point into the world of investing and saving.
4. Turn Your Computer Into a Money Machine
Written by Avery Breyer, this book gives advice drawn from his own experience being self-employed and working in finance from home, primarily online. It involves a simple system of his own creation that can be set up in under a week, that will help you generate extra income, all from the comfort of your home.
5. Make Money with Amazon
Amazon is the planet’s largest retailer, so it makes sense that Bradford Sullivan has investigated how to utilize the user-friendly platform to your financial advantage. Sullivan outlines a clear, step-by-step process in which you only need $100 to start becoming a top-seller, and utilize an Arbitrage method to maximize profits.
6. How to Day Trade for a Living
Day trading may seem like a process that’s limited to the men and women of Wall Street, but Andrew Aziz’s accessible book provides clear-cut instructions on how to get into the trade world with little-to-no experience. He explains how day trading differs from other styles of investment, and walks you through strategies that are utilized by traders all around the world. Even if you’ve dabbled in day trading before, Aziz’s extensive overview provides a detailed look at these processes and formulas.
7. Unknown Wealth: The Quickest, Easiest Way to Become Rich Online
Tim Morris, founder of UnknownWealth.com, uses the tips and tricks he’s learnt from his own experience in the finance industry to help you invest online. Whether you’re looking to make a little extra money outside of work, or to turn this into a full-time pursuit, there’s something for everyone in Morris’ book.
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