Investment Research – I know this is a broad term, but as an investor it is paramount you learn how to conduct productive and beneficial investment research. This includes staying up to date on current market trends (bull or bear market) and understanding which stocks or index funds are performing well (making investors’ money).
If you are anything like me and have little to no free time, then I understand how annoying this process may be for you. However, the research you conduct and the conclusions you draw are what allow us to maximize our investment returns and protect our capital.
When I first started investing, I was a sucker for all the investment research ads and promotions which promised to make me 100% returns. Little did I know, these resources were not reliable. In fact, if I just spent an extra five minutes and read reviews about the financial services I was using, then I would have saved myself about $300. They all had terrible reputations. The worst part? These services pitched me mostly penny stocks (which I never invest in).
Do not Pay for Investment Advice
The truth is, you do not need to spend money on valuable investment research. I found this out the hard way. All too often I encounter investors who have fallen into the same trap I did when I was first starting out. They are currently spending hundreds of dollars, if not thousands, on ‘premium’ investment research, commentary, and or financial analysis. I am by no means disregarding paid subscription services, because there are a few resources out there that are worth the money, such as the Motley Fool, but that is not why we are here.
How to Conduct Investment Research
We live in a world that is dominated by the internet. Investors now have a plethora of online websites that provide reliable, up to date, and valuable investment research for free. But it is on us, the investor to dissect and act on this available information. This is the hard part.
You may be asking, where do we turn to then for the best investment research and market analysis?
Through my pitfalls, I am doubling down on my effort to protect you from wasting your cash like I did. I narrowed down the Top 10 best stock investment research websites. These sites will provide you with the best market analysis, news, and general stock information for free.
Top 10 Best Websites for Investment Research
These 10 websites are guaranteed to provide you with the best investment research. They will pitch you great stock opportunities, keep you informed on market moving current events, and will provide general market analysis.
Marketwatch is one of the best websites for reliable and up to date market analysis and investment research. I have been using this website for nearly four years, and it still blows my mind every day. They offer detailed investment research for all investors, whither you are just beginning, rely on technical analysis, or are a well-versed buy and hold investor, you will be able to find valuable information.
Marketwatch is packed with financial news, thorough market analysis, and incredible personal stories. Each contributor brings a wealth of knowledge and a unique insight, which is designed to help all of us make an educated decision. If you make investment decisions based off technical analysis, then you are in luck. Marketwatch routinely publishes articles discussing chart analysis and technical indicators.
Of course, there is a tool for you to research specific stocks, mutual funds, or index funds; all you need to do is enter the ticker symbol or search the company name. Marketwatch will make sure your desired search is swiftly met with up to date analysis, articles, and available news.
Aside from their research and analysis, Marketwatch allows you to monitor stocks, track the top U.S. Indices (S&P 500, DJIA, Russel 2000), and global markets. This site even has an easy to follow economic data calendar, which is updated daily. You will never miss a GDP, Consumer Sentiment, or Weekly Jobless Claims report ever again. At the moment, they offer paid subscriptions; however, I have never tried it out personally. Trust me, all the information you need as an individual investor is 100% free.
Without a doubt, Investopedia is the best resource for brand new investors. If you are a new investor, then this is your one stop shop to learn and understand the basics of investing as they focus extensively on investor education. Investopedia has plenty of available resources to teach you financial definitions, financial analysis, personal finance, corporate finance, accounting, and even a refresher on basic economics. If you know the ticker symbol or company name, then you can easily knock out some additional equity research.
Investopedia has one of the most advanced stock market simulators (paper trade), which allows you to trade equities, mess around with options, and monitor a position over an extended time period. Undeniably, Investopedia is one of the best websites for new investors. I still turn to this website on a regular basis for a quick refresher on market terminology, or to take advantage of the market simulator to test out future portfolio positions.
For years, The Wall Street Journal has served as a pillar for financial information. The journal offers paperback copies; however, if you are like me and enjoy reading everything online, then The Wall Street Journal has one of the best online digital deliverable currently available. They ensure each deliverable is packed with financial news, market analysis (including foreign markets), provide valuable updates on Congress or the Administration, and bring to fruition events that are unfolding in Silicon Valley.
The Wall Street Journal is notorious for publishing some of the best editorials, where their team provides valuable insights and commentary on politics, economics, personal finance, and investment management. Their reliability, accuracy, and knowledge are just a few reasons why The Wall Street Journal is one of the most trusted resources by Wall Street Professionals and everyday investors, like you and me.
I would be doing a disservice to this community if I did not include Yahoo! Finance on the list. Yahoo! Finance is easy to navigate, has a robust search function, and provides readers with a wide variety of news articles. I personally use Yahoo! Finance to view upcoming IPO’s that I am considering to invest in and to follow their earnings calendar. Readers have the option to purchase a premium plan, which includes detailed company profiles, advanced analytics, and exclusive insights, but again, I have never paid for these additional services. Nearly all the information on Yahoo! Finance is free. Believe me, there is more than enough free information on this site to help you make a profitable investment decision.
I use this website strictly, when the market is closed, for after hours market analysis. This site allows user to easily track the futures market, which is primarily where commodities are traded. As an investor, I do not trade commodities (it is wildly complex); however, the movement in this market impacts how the DJIA, S&P 500, and other major indices open the following day.
Additionally, investing.com offers awesome international market analysis, which is good to understand as a prudent investor. The global markets are all intertwined. Believe it or not, international events such as the Brexit Deal, the current Hong Kong protests, and the U.S. – China trade war are all international market movers, so it is paramount to stay up to date so you can protect your investments.
6. MSN Money
Owned by Microsoft, this site provides investors with a wealth of knowledge. I know it may be annoying but ignore the obnoxious ads and focus on what is important. MSN Money is a great site that compiles articles from US News & World Report, Business Insider, Marketwatch, CNN, and other various news sources. These articles provide investors with individual stock recommendations, market analysis, and the even go into detail about small business ownership and operations. Even the most business savvy members of our community will learn a thing or two from MSN Money.
This site is not focused on providing market analysis or recommending stocks. However, NerdWallet is your one stop shop for finding the best credit card, brokerage account, mortgage, or loan. They even have multiple tools to help you calculate your retirement savings or locating a best-value insurance policy. For basic financial needs, this is the resource for you. Personally, I am a huge NerdWallet fan and even have this site bookmarked!
I know. We all have heard of CNBC. It is one of the most popular financial news resources in the United States. You can either pull up CNBC on your personal television, or you can view their content online. This site is one of the easiest to navigate and covers the financial industry extensively, whither it be about personal finance, hedge funds, the bulge bracket banks, corporations or global markets. As an investor, I tend to watch their coverage online, and leave it on in the background. The analysts or anchors may impose some biases, but that’s par for the course in the financial industry. Nevertheless, they are one of the most trusted financial news outlets in the world and a great resource.
This website is for our technical analysis traders. Tradingview is a great platform for our traders to view stock charts, where they can personally select specific indicators (RSI, MA’s, ect.). If you have the day trading itch and want to learn more about technical analysis, then this is a great resource for you. Tradingview offers detailed summaries about technical analysis, where they educate investors on how to properly use indicators and read charts. Again, this may not be the best platform for our more serious day traders, but if you would like to learn about day trading, then I recommend you become familiar with Tradingview.
If you are looking for a website that primarily focuses on offering stock or index fund advice, then this is the one for you. Zacks is a premier financial site that sends you detailed information about individual stocks. Through their free subscription service (all you need to do is enter your email), Zacks will send you recommendations on which stocks to purchase and which ones to avoid. Their research is easy to follow, and by the end of their report, you will have a clear investment strategy.
Why is Investment Research so Important?
Conducting investment research is a task all investors partake in. Whither you are just beginning or if you are an experienced investor, we all need to conduct thorough research before we invest our personal capital. In the end, it is your money, so what you decide to do with it is totally your decision.
But, if you want to increase your chances of being successful and earn a profit, then you need to understand the risk associated with each one of your investments.
Hopefully through my careless actions, you understand what is at stake: your precious capital. I would have at least $300 more to my name if I did my own due diligence and verified the services I was previously using. But as you can see, the internet has changed the game for individual investors. As an investor, we now have a plethora of resources available at our fingertips to conduct informative investment research. Use these resources to pick the best stocks, analyze the market, and to stay up to date with market moving events.
Investment Research – Stock Picks, Market News & Market Analysis
Before you invest, I challenge you to partake in thorough investment research. I will require time and effort, but would you rather spend 30 minutes researching? Or potentially lose hundreds, if not thousands, of dollars on the stock market?
Try to fully understand the various risks associated with each asset, and diversify your portfolio. Ask yourself this, “does this opportunity have potential to make me money?” If you cannot answer this question confidently, then it may be a smart idea to move onto another investment opportunity.