What group name should we have? Vote down below! Thanks @Kyle H. via ChatGPT 😎 for these ideas!

So it would be interesting to hear from those who want to share what their biggest monetary mistake they have made. Here is mine. Sold one of my businesses in 1987 and had $220k cash in the corporation, some from retained earnings and some from the business sale, the balance of the sale in financed payment note. I was told I could not leave the money in the corp. as it would be considered a personal holding company against IRS rules! I used some of this cash to start another business. What I should have done is invested in the stock market is as we were at that moment at the bottom of the market downturn October 1987. Imagine what that value would be today if it was basically in a S&P 500 fund? One other thing. Since I had to remove the money from the corporation I had a tax bill that year of $52,000+.

If you didn't already know this--and, trust me, this took a loonnnnnggg time for me to learn--CEOs make a huge difference to the performance of a company and, by extension, its stock price. Starbucks got a new CEO today (the ex-CEO of Chipotle) and the stock rallied 23% in one day... all because of one person. If he can turn around Starbucks like he turned around Chipotle in March 2018, investors are looking at a fantastic investment. There are lots of issues, though... What do you think? https://finance.yahoo.com/news/starbucks-ceo-shakeup-sends-investors-buzzing-but-its-new-leader-faces-an-uphill-climb-195000389.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAKan2Fg_VBQIJ8SlSxlVrptAkRWIAD6STUlPK_FKyF-mD90Ex0MJfe7mCIffg1sOaaPime85R2s3q4q5e5Q6dJiaSuD84WQMaxtyG8Vt5xGP0AcelZ-it3I-DAUxx_i6J0fbmxOsfQjHooMXCfZAFa0Ss0NGWHeiJfJWHvXEV5xL

Figured I'd start my first post of by starting a book list thread the community likes/loves and or recommends for investing. I'll start off with a few of mine in no particular order: - The Psychology of Money by Morgen Housel - The Little Book of Common Sense Investing, 10th Anniversary Edition by John C. Bogle - The Millionare Next Door by Thomas J. Stanley - Stock For the Long Run by Jeremy Siegel Just a few that are on my prerennial list of reccomendations to friends or family on the topic. What are some of the communites thoughts and additions to the list they would add? Looking forward to some great suggestions!

What's the #1 thing you need help with in your investing journey?