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[av_heading heading=’Nine Book Recommendations From Advisors to Get You to the End of Summer’ tag=’h2′ style=” subheading_active=” show_icon=” icon=’ue800′ font=’entypo-fontello’ size=” av-desktop-font-size-title=” av-medium-font-size-title=” av-small-font-size-title=” av-mini-font-size-title=” subheading_size=” av-desktop-font-size=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” icon_size=” av-desktop-font-size-1=” av-medium-font-size-1=” av-small-font-size-1=” av-mini-font-size-1=” color=” custom_font=” subheading_color=” seperator_color=” icon_color=” margin=” margin_sync=’true’ av-desktop-margin=” av-desktop-margin_sync=’true’ av-medium-margin=” av-medium-margin_sync=’true’ av-small-margin=” av-small-margin_sync=’true’ av-mini-margin=” av-mini-margin_sync=’true’ headline_padding=” headline_padding_sync=’true’ av-desktop-headline_padding=” av-desktop-headline_padding_sync=’true’ av-medium-headline_padding=” av-medium-headline_padding_sync=’true’ av-small-headline_padding=” av-small-headline_padding_sync=’true’ av-mini-headline_padding=” av-mini-headline_padding_sync=’true’ padding=’10’ av-desktop-padding=” av-medium-padding=” av-small-padding=” av-mini-padding=” icon_padding=’10’ av-desktop-icon_padding=” av-medium-icon_padding=” av-small-icon_padding=” av-mini-icon_padding=” link=” link_target=” id=” custom_class=” template_class=” av_uid=’av-lkiphy9o’ sc_version=’1.0′ admin_preview_bg=”][/av_heading]
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by John Kador | As seen on WealthManagement.com…
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Non-fiction about happiness, purpose and the psychology of money, a thriller from David Baldacci and more.
Summer is a great time to catch up on reading, whether it’s that professional book you’ve been meaning to open or a beach novel perfect for page-turner diversion.
I asked some of the best-read financial advisors I know to think about the books they have read so far this summer and make some recommendations. Here are nine books, as well as comments from the advisors who recommend them, well suited for your reading pleasure for the balance of the summer.
1. The Good Life: Lessons from the World’s Longest Scientific Study of Happiness
“I recently read The Good Life for our book club at work. It’s the perfect summer read. The book is based on the findings from the Harvard Study of Adult Development and demonstrates how we can make our lives more fulfilling and ‘happier’ by fostering our connections with others. Giving financial advice means being a confidante and a counselor. It also implies giving advice about how money can be a tool for a happy and fulfilled life. The Good Life is full of practical tips about how each one of us can find happiness and how we can help others build happier, healthier lives.”
2. Find Your Freedom: Financial Planning for a Life on Purpose
“Find Your Freedom is on my summer reading list, and I think every advisor can learn from it. The book reminds advisors that the journey is personal and stresses the importance of finding your own path; one that brings you JOY.”
3. The Suicide Index: Putting My Father’s Death in Order
“The Suicide Index: Putting My Father’s Death in Order explores the effects of traumatic loss on survivors following her father’s suicide speaks to my interest about suicide, its aftermath, and its taboo status in our culture. Wickersham’s account is enlightening, brave, surprising, funny, and thought-provoking. She explores, with refreshing frankness, the impact this tragedy has had on her, her immediate family and their community. Despite the subject matter, her account isn’t morbid or depressing—it’s fascinating and nuanced. It’s an eye-opening look at the impact of suicide on surviving family members, and it will open your heart with empathy for anyone who has experienced this tragedy.”
4. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
“If we can convince our clients that wealth depends on smart financial decisions, then we can make a positive difference in lives regardless of what’s happening in the market. I recommend The Psychology of Money for its powerful, real-life examples of behavioral finance. The author reminds us that the ability to build wealth requires more than just a high rate of return. It relies on behavioral skills that you learn and act on throughout your life. It encapsulates the lessons I try to teach my clients in an easy-to-read book, full of anecdotes and examples.”
5. Lessons in Chemistry
“When I read for pleasure, I like reading books about women, especially women dealing with issues in a man’s world. This story is about a brilliant and attractive woman who speaks her mind and pays the price because society is not ready for her. As a financial advisor who has devoted her practice to educating women and has spent most of her career in male-dominated professions, this book speaks to me.”
6. The Art of Living
“Advisors tend to get caught up in the minutia, and we can end up ignoring a lot of the beauty of life that is right in front of us. It’s easy to get so busy worrying about the daily ups and downs of the stock market, or the details of the latest piece of tax legislation, that we lose sight of simply being present with our clients.”
7. From Strength to Strength: Finding Success, Happiness, and Deep Purpose in the Second Half of Life
“The first half of life is focused on climbing the ladder. But there comes a point when even the highest of achievers peak and may no longer be attaining new heights. These folks often double down in their fight against the peak, inevitably creating frustration and restlessness. Brooks has a different take on this dynamic. He paints a path forward with a positive mindset focused on jumping to the ‘next curve,’ rather than peaking, and recognizing that other important traits, such as experience, wisdom and relationships often increase and improve as we age.
8. Last Man Standing
“I highly recommend this book for the intrigue of the story and writing prowess of Baldacci. Advisors will appreciate the tenacity of hero Web London as he continues to approach the problem from a variety of angles, leveraging his network of contacts to relentlessly pursue the force behind the brutal slaughter of his team. A true page turner, it provides a compelling distraction from the market, yet displays what can be accomplished with a mindset of refusing to quit.”
9. The Wager: A Tale of Shipwreck, Mutiny and Murder
“The Wager is the true story of an 18th-century British naval ship which shipwrecked off Patagonia’s coast. This page-turner about hardship and human nature reads like a novel, but is a true story based on firsthand, albeit conflicting, documents. The conflicting accounts of the survivors illustrate that people will twist the truth in order to serve their interests. It’s a good reminder to always collect information from trusted sources before making decisions or jumping to conclusions.”
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