Just Keep Buying
Library · Investing
- Author: Nick Maggiulli
- FinSimLab editorial rating: 4.5/5
- Reading difficulty: Easy
- Finance level: Beginner
- Topics: Investing, Finance, Income and career
- Published: 2022
- Length: Medium length
FinSimLab's own rating, based on usefulness, clarity, rigour, how current it is and what it adds to your learning. It is not a reader review score.
Data-based answers to the usual questions about how much to save, when to invest and what to buy.
What is it about?
Maggiulli, a data analyst and author of the Of Dollars and Data blog, splits the book into two parts: saving and investing. He uses historical data to answer concrete questions, such as whether to wait for a dip before buying, how much to save for your income or why investing early and regularly tends to beat trying to time the market.
What does it give you?
- How much to save for your situation, with reasoning rather than fixed rules.
- Why buying regularly tends to beat waiting for a dip.
- How to think about which assets to hold and when to sell.
Is it for you?
New investors who prefer data to opinions.
Concepts it covers
Saving, Index investing, Long term
What does it not give you?
- Products and tax rules outside the US: the data and examples are American.
- Psychology in depth: it is covered, but the focus is the numbers.
How does it explain it?
Data-driven: each chapter answers one question with charts and historical series, in a friendly tone. (Data-driven, Practical)
What does it add?
Puts data behind the questions other books answer with opinions: how much to save and when to buy.
Already read something similar?
- It shares saving and investing regularly in broad funds with The Simple Path to Wealth. If you have read The Simple Path to Wealth, this one mainly adds historical data for each decision: how much to save, when to buy, when to sell. The Simple Path to Wealth
- It shares saving and the long term with The Psychology of Money. If you have read The Psychology of Money, this one mainly adds numbers and historical series where the other tells stories. The Psychology of Money
What can you read next?
- The Simple Path to Wealth (in the "Build your financial freedom" path)
- A Random Walk Down Wall Street (in the "I want to start investing" path)
Related Academy guides
- What is Dollar Cost Averaging (DCA) and why it works
- How much should you invest each month?
- Buying the Dip: How to Accumulate When Markets Fall
- What is compound interest and how does it grow your money?
Calculators to put it into practice
More investing books
- The Little Book of Common Sense Investing
- The Intelligent Investor
- A Random Walk Down Wall Street
- The Most Important Thing
- Common Stocks and Uncommon Profits
- One Up On Wall Street
Descriptions written by FinSimLab for educational purposes. They do not summarise the books and are not investment advice.