The Big Short: inside the doomsday machine

From Rita Gross
author: Lewis, Michael
The Big Short: inside the doomsday machine
This book sheds light on the 2007-2008 crash of the real estate markets which resulted in our ongoing financial crisis. The author explains the development of the arcane derivative bonds whose collapse fueled the “great recession.”  He exposes the complicity of the brokerage, banks and ratings organizations that contributed to the fall.  The author follows a group of investors who foresaw the disaster- the “big short” refers to their bet against those derivatives which resulted in billions of dollars in gains for them

The Teenage Investor: How to Start Early, Invest Often, and Build Wealth

From Margie Hartough
author: Olsen, Timothy
The Teenage Investor: How to Start Early, Invest Often, and Build Wealth
Teens need to start saving money now.   Tim Olsen bought his first shares of stock when he was in second grade. Now at 13, he is practically a Wall Street veteran.   He has written this easy-to-read and fun paperback that gives simple explanations of the tools of investing.  Investing and savings are subjects that high schools don’t spend a lot of time on but should.  He explains the simple truth that time is money: the more time you have to invest, the more money you can make. It’s a lot easier to make a million dollars in 50 years than to make a million dollars in one year. This book gives basic explanations of key investment concepts for the stock market, mutual funds, index funds and bonds.