You are what you read, you are what you expose yourself too. You are who you relate with. Do you know you can relate with great business tycoons and have a glimpse of their ideologies by just studying their books Oprah Winfrey, Elon Musk, Warren Buffett and others attribute their success, to a large extent, to their reading habits. Thus, as an investor, you need to make out time to read every single day. It doesn’t matter whether you are an experienced investor or just starting out, these books will help to make better investment decisions.

The Richest Man in Babylon
George S. Clason

This is a classic book written over a hundred years ago by George Clason. The principles outlined in this book can be applied today to achieve financial success. The five basic laws of money as outlined by Clason include:

Savings: You must keep a tenth of your income to yourself. To make this happen, it is best to pay yourself first before you spend.
Controlling your Expenses: This means living way below your means.
Multiply your Gold: Savings is not enough to make you rich. You need to put your savings into investment vehicles to multiple your gold. Also, the book talks about reinvesting the first profits from your investments.
Securing your investment: The lesson is to steer clear of get-rich-quick opportunities.
Invest in a Dwelling: You spend a greater portion of your earnings to pay for a dwelling place (rent). You will save more if you can put up a dwelling place for yourself and your family.
Other principles like self-discipline and gambling were explained in the book. If there is any investment book I will recommend for any investor, it is the richest man in Babylon.
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