Sunday, November 30, 2008

The Best Source For Investment Advice: Manage Your Money With Investopedia

The moment I arrived at Investopedia I liked what I saw. There were many advertisements but no pop-ups and the page looked surprisingly clean and sleek. Well that's no surprise considering this site was developed by Forbes.
But as is said all the time, looks aren't everything but Investopedia definitely doesn't lack in the content area either. To begin with, this page offers free investing newsletters sent to you every day with the latest news, advice and stock pick.
In addition to this, the expert panel of investors part of this website's staff constantly publishes insightful articles that will inform you about everything from stocks to forex to real estate and mortgages to retirement. And this information is all very succinct so you don't have to waste your time searching through articles to retrieve what you need.
Moreover, if you're like me, you're confused every time you turn on CNBC with all the financial terms that they use. Well, just visit the Investopedia financial dictionary, which will give you the definition of pretty much every money-related word.
When you have learned the language, why not learn the real stuff. Whether you're a beginner or an advanced investor, this website has something that they can teach to you. You can educate yourself in countless areas including retirement planning, online investment scams, inflation, index investing, short selling and technical analysis.
Last but definitely not least, one of my favorite aspects is the stock simulator. I had never seen anything like it; it was unbelievably detailed and yet easy-to-use. This innovative feature lets you use fake money to pick stocks and make a portfolio. Furthermore, you can compete with other users to test your investing prowess. You can even sell shorts and quickly obtain statistics from this page. Personally, I have gained about $1300 with my picks.
And if I can do it, you definitely can too so check out Investopedia before you venture into the wild and wacky world of stocks.

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