If you are planning on dive-heading into investing, you may find yourself hesitating for a moment, to question yourself what may be awaiting once you get in the tunnel. This should not scare you off the desire and attempt to put your efforts and resources into this venture. You may have many unanswered questions, but there is just so much information in the internet that you can access and learn more about any doubts you may have.
WEBSITE: Investopedia’s Investing 101 tutorial
Why we like it: This eight-part tutorial offers a comprehensive guide for the novice investor. It starts with the question “What is investing?” and progresses into compounding, types of investments, portfolios, and diversification.
Best for: People with little or no background knowledge when it comes to investing, who want to educate themselves before getting started.
WEBSITE: Motley Fool
Why we like it: Motley Fool’s goal is to build “the world’s greatest investment community.” It has a variety of resources to choose from, including a website, books, a newspaper column, a radio station, and a newsletter.
Best for: Motley Fool offers something for every kind of investor. They have free features such as a stock-rating service, or fee-based services (their newsletter), so you can choose exactly how you want to learn.
WEBSITE: BlackRock Blog
Why we like it: BlackRock is an asset manager, but The BlackRock Blog covers a wide range of topics under the investment umbrella. Its posts are written by CFAs and other professionals, so you’re getting expert advice for free.
Best for: People with a grasp on investing, who want to get more in-depth with their discussion of strategies and products.
If you like reading blogs, you definitely know how educating they are, covering on almost all the niches of the society. Investing is one of these niches within the scope that bloggers have taken time to highlight on, in detail for that matter. If you have any information you may be wishing to get clear, we have a number of blogs that you can check out to know all that seems to be strange to you.
The Best Investing Blogs of 2016
This list of the best investing blogs of 2016 is in alphabetical order by last name (so please don’t think this is force-ranked in any way).
Jim Blankenship, Financial Ducks In A Row
Financial DucksJim is a financial planning expert and he shares his knowledge across a variety of platforms. His blog Financial Ducks in a Row talks about guidance for your retirement, education funding, and more. While not strictly investment focused – it really helps you understand the structure of vehicles for your investments (which can sometimes be a bigger battle).
Josh Brown, The Reformed Broker
Josh BrownJosh has a fun blog (and Twitter account), where he shares his market insights, and insights on pretty much everything that crosses his mind. That’s what makes following Josh Brown so interesting – the guy is a pro-investor and is on every major financial news network at least once a week. Yet he blogs, and is interesting – just check out my favorite post from this year below!
Kathryn Cicoletti, Ms. Cheat Sheet
MakinSense BabeKathryn is on of my favorite investing bloggers because she is a former investment analyst who has moved on to infuse comedy with money. Her videos about investing are hilarious, and at the same time, she’s spot on with the topic she’s covering. If you enjoy humor and money, you’re going to love Kathryn’s blog.
Investing can turn out to be quite a chunk to chew for starters, making mistakes seemingly standing right at your way, between you and success. But a sigh of relief may come your way if you can opt to ease this by using your phone or tablet to run your investing exercise. With a number of new apps for investing in the market now, you must be left with just a little to worry about when it comes to managing and running investments.
Apps for investing
The Acorns app is a great choice for first-time investors. The app allows users to “invest the change” by linking their credit or debit cards to the app, which rounds up regular purchases and invests the difference into a diversified portfolio of index funds chosen by Nobel Prize-winning economist Harry Markowitz.
Stock Market Simulator
The Stock Market Simulator app gives you the ability to try before you buy. Users can play a simulated version of the real U.S. stock market and invest virtual funds without taking on any real risk.
SigFig is known for its online investment tools that track, manage and optimize existing portfolios, but it also allows users to manage their investments 100 percent through the app. Users just need to sign up, take a risk profile questionnaire, confirm a personalized investment plan and then fund the account. Investments are pulled into a single dashboard and offer a real-time view of every stock, mutual fund, ETF and other investment.