A book to help you think about 'What kind of investment is right for me in the end?' Reading 'Investment Illustrated Guide'
“I want to start investing, but I don’t know what to invest in.”
Stocks, ETFs, investment trusts, gold, real estate…
When you start researching investments, there are so many options that it’s easy to get lost.
I myself sometimes wonder, while researching investments, “In the end, which asset is right for me?”
That was when I read
“Investment Illustrated Guide: Finding the Best Way to Grow Your Money for Your Life”
.
The interesting thing about this book is that it doesn’t unilaterally recommend a specific investment method, but rather allows you to think about asset formation that suits you while comparing the characteristics of various assets.
Introducing a wide range from individual stocks to gold and real estate
In this book, not only financial products such as individual stocks and ETFs, but also various assets such as gold and real estate are introduced.
When you first start investing, you tend to have the image that
“Stocks = Investment”
.
However, in reality, there are various options for investment targets.
For each one,
and other such differences.
In this book, these are organized in a relatively easy-to-understand manner.
Therefore, instead of ‘just buying popular investment products,’ it serves as material for thinking about what suits you after understanding the characteristics of each.
‘Is it right for me’ rather than ‘What to invest in’
When researching investments,
‘This investment method is recommended’
‘This asset is good right now’
you may come across information like this.
Of course, that information can sometimes be helpful.
However, there is no ‘correct answer that applies equally to everyone’ in investing.
The options change depending on your age, income, savings, the amount you can invest, your attitude toward risk, and your future goals.
That is why I think it is important to
think about ‘What is right for me?’ rather than ‘What is the best?’
.
Reading this book made me feel that way again.
Easy for investment beginners to use for ‘comparison’
What I thought was particularly good was the point that you can learn the merits and demerits of various assets.
For example, even if only one asset is explained in detail,
‘What about the other options?’
That question remains.
In that regard, this book allows you to learn about multiple investment targets, so
‘This seems suitable for me’
‘This seems a bit too high-risk for me’
‘I didn’t know this kind of asset existed’
You can read through it while making your own comparisons.
Before starting to invest, I think this is a useful book in the sense that it helps you broadly understand your investment options.
A book you’ll want to reread even as time passes
Investing is not something you finish studying once and for all.
Your income and living environment may change.
As life stages change—such as marriage, changing jobs, buying a home, or changes in income—the way you handle money will also change.
At those times, an investment method that didn’t suit you before might become a viable option.
That is why I felt this is not a book to read once and put away, but one to reread when time passes and your circumstances change.
When you are unsure about investing,
‘What kind of asset building do I actually want to do in the first place?’
It is a book I want to keep on hand as a reference to rethink that question.
Summary
‘Investment Illustrated Guide: Find the Best Way to Grow Your Money for Your Life’ allows you to learn about various assets, not just individual stocks and ETFs, but also gold and real estate.
What left a particular impression on me was that you can think about asset building that suits you after knowing the merits and demerits of each asset.
‘I want to start investing, but I don’t know what to choose’
“I want to know what investment options are available.”
“I want to think about asset building that suits me.”
I think this is a book that will give such people a starting point to think about investing.
And when time passes and my circumstances change, I want to read it again.
It is an investment reference book that I want to keep on hand for a long time.
If you are interested, please check it out here.
[Check out ‘Investment Illustrated Guide: Find the Best Way to Grow Your Money for Your Life’]