Real Estate Investor Magazine South Africa September/ October 2019 | Page 64

BOOKS & APPS
Investment books you need to read
Books are a gateway to knowledge self-
improvement and empowerment. It is never too
late to learn and keep up-to-date with industry
changes and developments. In order to stay on top
of your real estate, investment and finance game
we have provided a list of must-reads.
Books
Power Property
Investing For Women
Author:
Bindar Dosanjh
The ABC’s of Real
Estate Investing
Author:
Ken McElroy
The Intelligent
Investor
Author:
Benjamin Graham
Apps
Written by Award-winning Property Developer and Mentor, Bindar Dosanjh,
Property Investing for Women allows readers to control and manager their
financial future. This empowering read provides a detail guide on how to get
into the property market, obtain one’s desired income, systemise property
businesses, achieve financial independence and more. Packed with
strategies, tools and support – the book equips readers with the strategies,
tools and support to become a confident property investor.
With the foreword written by renowned businessman and investment
mogul, Kevin Kiyosaki, The ABC’s of Real Estate Investing, The Secrets of
Finding Hidden Profits Most Investors Miss is a wisdom rich read. Author
Ken McElroy provides readers with real estate investing stories and a
practical approach to understanding the industry. The book will equip
readers with the skills to achieve wealth and cash flow through real estate
investments, negotiating deals, finding property with potential and more.
As a revised version with the original published in 1949, The Intelligent
Investor is a thought provoking read as it remains as one of the most
respected guides to investing. Author, Benjamin Graham developed a
philosophy called ‘value investing’, a process that helps investors avoid
errors and also develop long-term strategies. It provides investors with
the tools to make the right decisions in order to protect their investment.
The revised version includes the original chapters with updated
information, taking into consideration the current precarious market
across the world.
Functioning as a budgeting and investing app, 22seven allows users
to manage their funds and invest wisely. The app is free of charge and
ensures that all data shared is kept private – bank accounts can be
linked to the app to provide insight into spending patterns and insight
on how users can effectively save their money each month. The app
allows for users to start investing at as little as R350 tax free, enabling a
second source of funds that can be used for a ‘rainy day’ or as a down
payment on an asset. As it is backed by Old Mutual, 22seven offers
users a honest view of where they are spending their money each
month. As a South African based app, it also links to a range of accounts
including PnP smart shopper points and more.
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SEPTEMBER/OCTOBER 2019 SA Real Estate Investor Magazine
MoneySmart functions as a spending management application
and allows users to monitor their accounts and spending
patterns. Users are able to manage their fixed income and
expense account by creating a monthly budget. The app relays
informative notifications to users to ensure they are not left
strapped for cash. If users have overspent their monthly budget,
MoneySmart will create a new budget to help them make it to
the end of the month. The interface is user-friendly and simple –
educating users to make better financial decisions.