Q: What are good sites to use to research investments?
A: SeekingAlpha is my fave. It has smart articles and ideas, and you can track symbols you’re interested in, get email alerts, etc. But the real power of the site is in the comment section to any given article, which are typically well moderated and contributed oftentimes by knowledgable readers. What’s so great about these comments is you usually get a healthy constructive debate as to the pros and cons of the POV of the article, which can greatly help you judge the credibility of the POV, and the prospects of any given investment.
Motley Fool is probably the gold standard in investment sites. They can have counter intuitive insights to investments which often generate big returns.
Yahoo operates a finance section, and lets you track portfolios you create, as well as gives you charts and stats, and a customizable “my yahoo” page. The yahoo finance app for your phone or tablet is also really good and works in concert with whatever you do at the browser site.
Marketwatch is another worthy site. Some others:
CNBC, FBN, DRIP, Dogs of the Dow, Dividend, IRS (to see your gov’t tax account and pay), Forbes, Bloomberg, The Street, Kiplinger, Investopedia.
Official Exchange sites: NYSE, NASDAQ
Q: Any books you recommend?
A: Anything by John Bogle, the founder of Vanguard, and maybe the person responsible for making more millionaires than any other single person in history. “Common Sense Investing” is a good one, or these.
Also: The Millionaire Next Door. Rich Dad, Poor Dad. Freakonomics is an insightful book about unintended economic consequences, and Freedomnomics is an interesting rebuttal of sorts to it.
The Fairtax book is i think, the best proposal i have ever heard for raising tax revenue while simultaneously eliminating the IRS. I also liked the sequel.
Q: What about my credit reports?
A: This really isn't an investing question, but it might apply if you ever want a margin line of credit to buy investments. Either way, you should do everything you can to have the highest credit score / rating possible, b/c the higher it is, the cheaper money will be you borrow, the better rates you'll get on insurance, etc.
There are 3 main credit agencies, Experian, Equifax, and Transunion. You can get FREE copies of your 3 full credit reports, by calling this number:
1-877-322-8228
...and carefully following the automated instructions for each of the 3 agencies. I like to maintain a few years worth of paper copies of my full credit reports. If you find any adverse info in the credit report, then you want to pay it off asap, (assuming u owe it), and then afterward, politely petition the company that reported you to please remove you from the adverse section.
So if you owe Verizon money, pay them off, and after they have the $, ask them to please remove you from whatever combo of the 3 agencies they actually reported you to. If you don't do this, adverse info can remain for 7 years, possibly longer.
More official info here.
Q:
A:
Stay tuned, more coming!Also: The Millionaire Next Door. Rich Dad, Poor Dad. Freakonomics is an insightful book about unintended economic consequences, and Freedomnomics is an interesting rebuttal of sorts to it.
The Fairtax book is i think, the best proposal i have ever heard for raising tax revenue while simultaneously eliminating the IRS. I also liked the sequel.
Q: What about my credit reports?
A: This really isn't an investing question, but it might apply if you ever want a margin line of credit to buy investments. Either way, you should do everything you can to have the highest credit score / rating possible, b/c the higher it is, the cheaper money will be you borrow, the better rates you'll get on insurance, etc.
There are 3 main credit agencies, Experian, Equifax, and Transunion. You can get FREE copies of your 3 full credit reports, by calling this number:
1-877-322-8228
...and carefully following the automated instructions for each of the 3 agencies. I like to maintain a few years worth of paper copies of my full credit reports. If you find any adverse info in the credit report, then you want to pay it off asap, (assuming u owe it), and then afterward, politely petition the company that reported you to please remove you from the adverse section.
So if you owe Verizon money, pay them off, and after they have the $, ask them to please remove you from whatever combo of the 3 agencies they actually reported you to. If you don't do this, adverse info can remain for 7 years, possibly longer.
More official info here.
Q:
A:
Previous Post / Next Post
