No. of Recommendations: 1
Being a 22 year old, single, live in the islands, work one job, graduated school grandson I would recommend TMF's Money Guide to start then Money After 40 or one of the other books mentioned above. The money guide, while not the quickest read, would give her the answers to many of her basic questions that she may not know about being "only" 22. I've always been one to set the foundation for whatever I am doing. By knowing what certain terms mean, how taxes and fees affect returns, and how the market in general operates, allows me to better understand what it is I am doing with my hard earned cash.
TMF's Money After 40 gave me the eye opening needed for long term investing, and is still my favorite TMF book.

Here is my list of "Books to Read", not in any particular order:

>The Millionaire Next Door - Thomas J Stanley
>The Four Pillars of Investing - William J Bernstein
>The Richest Man in Babylon - George S. Clason
>Common Sense on Mutual Funds... - John C Bogle
>The Intelligent Investor - Benjamin Grahm
>A Random Walk Down Wall Street - Burton Malkiel
>The Random Walk Guide to Investing - Burton Malkiel
>How to Read Financial Reports - John A. Tracy
>Rules for Revolutionaries - Guy Kawasaki
>Buffett: The Making of an Adventure Capatilist - Roger Lowenstein
>What Color is Your Parachute? - Dick Bolles
>Investing in Real Estate, Fourth Edition - Andrew James McLean, Gary W. Eldred
>Confessions of a Tax Collector : One Man's Tour of Duty Inside the IRS - Richard Yancey

Best of luck to your grand daughter and her savvy grand parent.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.