It's that time of the year. You're headed to a graduation party and need to show up with something. Your problem is solved. And theirs.
The odds are that the graduate you are celebrating is on the verge of entering a world where the financial services industry is poised to eat him or her alive, and they have had no instruction or very little on how to defend themselves. If it's a college graduation, some big bites have probably already been taken - just ask if they made it debt free.
I recommend two books, both of which can easily be read in a couple of weekends. These books are literally life changing, in that they are loaded with information that will put the graduate on the right financial path and they are inspirational. Each author has lived what they preach. Check out their respective blogs to get a flavor of their writing style.
Millionaire Teacher : The Nine Rules of Wealth You Should Have Learned In School by Andrew Hallam. Excellent on explaining how to invest by minimizing costs with well-diversified exchange traded funds. Great sense of humor. Fun to read. Blog http://andrewhallam.com/
If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets you have landed at the right spot. I am a fee only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.