I have recently written about some of my favorite written publications for investment reading. Today I would like to suggest a few of my favorite online sites. Of course, all of the written publications have strong online presences, so this is a great place to start, especially if you have found one you really enjoy.
Additionally, Yahoo Finance is a great basic site. I began using it years ago when the internet first went public to track my portfolio online. It is still a great place to track your portfolio online. It is simple to set up and use. If you enter your cost, it will provide the amount of your capital gain or loss as both a dollar amount and as a percentage, calculate your annualized gain, and the value of your holdings as of that day. What a great product for free.
The Home page features current news and interesting articles. Now I use Yahoo Finance for quick stock research such as current news to determine why a stock may have moved, PE ratio, analysts forecasts, insider transactions and other useful criteria. It also has excellent mutual fund information such as top holdings, performance and manager information and charts. Spend half an hour browsing around this site. A world of information is available there.
Bigcharts.com offers very good free charting services. You can add your own technical indicators such as moving averages, stochastics, and many others. It is a great place to start looking at charts. Keep in mind that the broker you use should offer good charting services, so you may only need that if you choose to study charts.
I like to learn one system and stick with it, yet remain open to the possibility of change so I don’t get stuck. In this rapidly changing world of information, I think you must have a foundation that provides what you need, but regularly try new sites. I like to have a discipline of researching a new site or newsletter once a week. There is that balance between becoming more knowledgeable with new useful information and becoming overwhelmed with too much information, or TMI as my teen sons like to say.
There are numerous more specific sites I’ll write about another day. I hope I have left you with a few ideas to get started.
Happy and Prosperous Surfing,
This information is for educational use only and is not financial advice.
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