Saving money is important, but you can’t just hide it under your mattress. (Well, you can, but it will make your mattress lumpy and you won’t earn any interest.) The choices we make for investing our money can have a big impact on how much money we have to spend in the future.
Websites with information
FINRA Smart Investing:
FINRA (the Financial Industry Regulatory Authority), has comprehensive advice on the steps you need to take to become a wise investor. Topics range from the basics (like getting ready to invest, opening a brokerage account, and selecting an investment professional), to more advanced issues (like managing investment risks and evaluating investment performance).
Investor Education Foundation:
Also created by FINRA, these “investor education modules” are available in both English and Spanish. These modules help potential investors become educated so they can make the most of their savings.
This website from the U.S. Securities and Exchange Commission will help you learn how to best invest your savings. Topics include saving for life events like marriage, children, your first house, caring for loved ones, and retirement. Tools, news alerts, publications, and classroom materials are included.
“TreasuryDirect is the first and only financial services website that lets you buy and redeem securities directly from the U.S. Department of the Treasury in paperless electronic form.” They also provide simple explanations of the different kinds of treasury products available for individual investors.
15 Dumb Moves:
CNN lists fifteen easy to avoid investing mistakes. Memorize them!
50 Smart Moves:
Luckily for us, CNN and Money Magazine think there are more smart things we can do with our money than dumb ones.
The Motley Fool is a financial services company that offers both free and for-fee products and services to help individual investors increase their investments while also collaborating, innovating, having fun, being honest and competitive, and of course, making some money. Here are their 13 steps to investing “foolishly” (with both wisdom and humor.)
Morningstar Investment Research Center:
Morningstar is a financial research database, which may be used to analyze stocks, mutual funds, and exchange traded funds (ETFs). You can also read Morningstar's data reports and analyst reports, and you can analyze how specific stocks and funds might work together in a portfolio. Morningstar also provides interactive online classes for learning more about investment topics.
Standard&Poors - Net Advantage:
A comprehensive, professional source of investment information and analysis on industries and companies. Full text coverage includes stock, bond, and mutual fund guides and reports; earnings and dividends reports; comprehensive company information; industry surveys; and directories of companies, executives and security dealers.
This resource provides a wealth of in-depth investment and financial information, plus objective research, insightful commentary, proven price projections, and advanced analytical tools.
Invest some of your time and read about better ways to invest your money.