young to me = Primary 1 to 3, thus not books per se
Monopoly - playing the game properly
+what is worth buying & why
+asset allocation - not too much cash nor just properties houses & hotels - kena rent from Boardwalk with hotel, die, have enough for "luck" like landing on a good property to buy OR negotiate with your pokai renters with lots of good properties)

CashFlow 101 - after mastering Monopoly

If older say Primary 4 & above, then "7 habits" book

ooh.. teens?
that i consider our level liao heheh
GENERAL:
7 Habits
Millionaire mind
Millionaire Next Door
Cashflow Quadrants

SPECIFIC:
Play CashFlow101 & master it (to my low bar , out of rat race within <=15 turns)
Value Averaging
any statistical / fundamental value investing books
statistical trading books that deals with

REASON:
IMHO - basics and thinking/concepts are more important than the actual investment or trading vehicles.
It's just like IT - basic networking works with any type of networking (from token rings to IPv4 and IPv6).
Strong basics is the key - the rest are just finding the "tools to fit" what is wanted / goals

This post has been edited by wongmunkeong: Nov 22 2015, 01:23 PM

Background info:
a. Using X-Ray of MorningStar (thanks Xuzen), i noticed Global Titan Luxemburg-based stocks/funds/ETFs.
eg  Morningstar_Xray___Sample.pdf ( 124.98k ) Number of downloads: 15


b. US listed stocks & ETFs (be it S&P500, Japan, EU, etc ETFs) has a 30% tax on dividends for non-resident aliens.

Thus my Q to check whether any forumers know:
In the real-world, assuming one can afford to buy ETFs directly on US-listed boards, is (a.) more tax effective?
coz in the long run, if (a.) is more tax effective, things like Global Titan MAY be more cost effective even if i factor in the initial higher purchase cost + yearly costs of mutual funds

er.. just asking & hoping for some enlightened fellow forumers' response.
i did already post the Q to FSM just only

---
BTW, just to share a "toy" i found (unsure it was shared earlier):
https://www.portfoliovisualizer.com/backtes...analysisResults

Jan 2006-2015 Results of:
3 ETFs/Funds - Vanguard Total Stock Market ETF (VTI), iShares Barclays 20 Year Treasury Bond Fund ETF (TLT) & Vanguard REIT ETF (VNQ)
VS
some default lazy / coffehouse portfolio asset allocation
VS
S&P 500 Total Return
 Asset_Allocation_Backtest_Portfolio_Asset_Allocation_start_year_1985_end_year_2008.pdf ( 178.2k ) Number of downloads: 5

 Asset_Allocation_Backtest_Portfolio_Asset_Allocation_start_year_1985_end_year_2015.pdf ( 248.11k ) Number of downloads: 3


1. Why 2006 Jan onwards? coz some ETFs'/Funds' data doesn't exist before that that

2. Why those 3 ETFs/Funds? coz based on the correlation data (see attached PDF), "good enough returns" for negative or slight correlations with the other 2
 Asset_Class_Correlations.pdf ( 109.51k ) Number of downloads: 11



This post has been edited by wongmunkeong: Dec 14 2015, 01:08 PM