Investing serves a lot of purposes. If you were an early investor in Bitcoin, for example, you’re likely a millionaire by now (unless you lost it or spent it before it skyrocketed in value). At the same time, The Wolf of Wall Street showed how brokers can get rich convincing people to invest their long-term retirement funds into short-term penny stocks.
It takes a deep understanding of the financial markets and companies you’re investing in to make smart investment choices.
Everyone wants to retire rich, but doing so takes financial discipline and research. That’s why we filtered through the noise to present the best blogs and websites to obtain legitimate investment advice.
10. Yahoo! Finance
Yahoo! Finance was launched in 1997 to provide financial news, data, and commentary on the stock market. It’s the most-visited business news website in the U.S. Whether you’re looking to check the price of stocks you own or research information on one you’re considering, Yahoo! Finance is a great place to start.
9. The Street
The Street was co-founded in 1996 by Jim Cramer and Martin Peretz to provide smart analysis, data, and information to savvy investors. It also houses content from its subsidiaries, including Main Street (a site I previously contributed to), which breaks down high-level financial information for the common man. If you’re a fan of Cramer, this site is a great one to check out.
Kiplinger is both a print and online publication that’s been published from Washington D.C. since 1920. It publishes a mix of business forecasts and personal finance advice, making it a great resource to learn how investing in particular stocks can affect you.
The cannabis industry is a relative newcomer, and investing in it can be difficult to understand because of its legality. Jason Spatafora (known as the Wolf of Weed Street) started Marijuana Stocks in 2014 to demystify the industry. It provides daily updates on a wide variety of cannabis and auxiliary companies (I’ve contributed to the site too). There’s even a pot stock ticker so you can track the progress of any cannabis-related business you like.
The Motley Fool was created in 1993 and offers a wide range of stock news and analysis. It runs a website, newspaper column, and podcasts, all with a wealth of information. I’ve contributed to the site in the past, and find it to be informative for investors both new and old. Even if you don’t understand how to get started with investments, The Motley fool has you covered.
Founded in 1889, The Wall Street Journal has a storied history. It’s won 40 Pulitzer Prizes and is a trusted resource for news regarding Wall Street. It started as news briefs published by Dow Jones & Company and still focuses mostly on financial news. Still, it’s never afraid to delve into politics. It’s a great resource for an overall look at the markets.
Founded in 1792, the New York Stock Exchange is the world’s largest stock exchange and what you’re typically thinking of when you think of “Wall Street.” Its website is a great resource for keeping track of stocks. Why get your information secondhand from other sources when you can get it directly from the exchange itself?
CNBC began in 1989 to focus on business and investment news. You can find it on cable or satellite and access its programming online, in apps, and more. Not only does it host a variety of informative programs about stocks, investments, and business news, but it also creates original reality programming focused on all aspects of business, from startups to Billion Dollar Buyers.
If you’re new to the stock market, it can be overwhelming. There are so many proprietary terms that it can look like an entirely different language. Investopedia was developed in 1999 to serve as an educational resource that disseminate all the information and make it palatable for beginners. Its financial dictionary alone is worth the visit, but there’s also tons of investment, financial, and business news.
Founded in 2004, Seeking Alpha is a crowd-sourced financial content platform. Independent contributors sign up to provide analysis and build their own individual followings. Because it focuses on a wide variety of outside analysts, rather than a close-knit team like other sites, Seeking Alpha has been found to have stellar real-world investment advice. In fact, a 2014 study found this site to be better at forecasting future stock values than any other media analysis. Be sure to check your gut feeling here before investing your life savings.