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jon_dahl · 2008-07-17 · Original thread
The first and best book on investing that you should read: A Random Walk Down Wall Street (http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/039306...). This book has great investing advice; is funny, interesting, and well-written; and clearly explains what's going on behind different investment approaches. In other words, it doesn't just answer the "what" question, it answers "why" and "how".

As for specific advice, investing isn't that difficult. The best approach is to be lazy: decide on an asset allocation (e.g. 50% US stocks, 30% international stocks, 20% bonds), buy index funds, and rebalance to these percentages every now and then. Vanguard (https://personal.vanguard.com/us/home) is probably the most respected provider of index funds; give them a shot.

Check out David Swensen's lazy portfolio if you want something more advanced: http://www.npr.org/templates/story/story.php?storyId=6203264.

For investing discussion, try http://www.bogleheads.org/.

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