If you only ever get 1 book, you can read this in a couple days, and it helps you get started with Vanguard.
Once you have a decent amount of money invested, this book will ensure you don't fuck it all up. A much longer read but full of good information on how to take the emotions out of investing, which are basically going to be your biggest foe.
Calculate out/project your monthly expenses and multiply them by 3-6. Then start saving that amount of money in a savings account. If for some reason you lose your job or something happens (your car breaks down, you have a medical bill) you can use this money to keep yourself from going into debt. When the emergency has passed, replenish the savings account.
Once that's established setup a Roth IRA and start contributing to it and investing.
If you're serious about trading, read these two books in this order before proceeding:
Have you read Warren Buffet's #1 recommended book? https://toptalkedbooks.com/amzn/0060555661
I've read a bunch of books over the last few months, thought I'd share:
The Intelligent Investor : This was the first one I read, which was probably a bad idea. It's very famous, very big, and a bit more technical than what a beginner should be facing. But it does a good job of clearly explaining the futility of trying to beat the market as an amateur, or even pro
Millionaire Teacher : Reading this right now, and it's the best book yet. It has both clear, big-picture explanations, as well as practical explanations of the details of stocks, bonds, even how to use various investing websites.
How to Turn $100 into $1,000,000: Earn! Save! Invest! : Reading through this with my 8 year-old right now. It's a bit advanced for him, but he's enjoying it, and is salivating about making money. I'm going to encourage him to try to start a little business of his own
Check out the book The Intelligent Investor
It's not outdated, it just seems like first editions are collectors items due to them being $1500.
I read this one: https://toptalkedbooks.com/amzn/0060555661
I found this edition helpful in that regard: http://www.amazon.com/Intelligent-Investor-Definitive-Invest...
Each of Graham's chapters is followed by another chapter of interpretation/reflection on his advice in a modern context.
And by "done well" I do not mean predicting ups and downs, but having a diversified portfolio (investing everything in one company is not a good idea, does not matter how promising or established it looks), which is doable with all the investment funds out there that ask for a very low minimum investment.
Check these books: