February 20, 2014 by Kate Dore
If you’re like me, you’ve meticulously scrutinized your budget, found ways to slice expenses, and significantly boosted your savings. While this is an important first step in taking control of your finances, living frugally isn’t enough. At a certain point, you also need to focus on earning more money, either through your day job, side hustles, or investments. Right now, I’m focused on investing.
Fortunately, there are a ton of free resources, including kickass articles from our very own personal finance community, to help make more informed investment choices. I’ve learned that getting started is what’s most important and the rest will follow.
Here’s what I’ve been filling my brain with lately:
How cool is this? A Google Spreadsheet that pulls a stock’s current price, daily percent and price changes, 52 week highs and lows, P/E, market cap, EPS, 1 year change, and YTD change. Young Adult Money also elaborates on the features of this tool for analyzing stock choices.
CNNMoney shares the details of a brand new extension of Google Chorome for stock traders that filters twitter feeds with the click of a button to show only tweets with “cash tags.”
May I first point out how impressed I am that Money Saving Dude is a college student looking to achieve financial freedom as soon as possible? Wow.
When I mentioned that I’m not ready to start investing in Exchange Traded Funds (ETFs) in my first Lower Broadway post, Green Money Stream politely pointed out that my hesitation was unnecessary, and that I should check them out.
Money Saving Dude’s post on ETFs is thorough and easy to understand. I especially like that he shares suggestions on what type of ETFs you should be investing in.
Another impressive blogger, Money After Graduation, manages to find the time to run a personal finance blog while earning her MBA!
Her post details her personal investment history, explains what an ETFs is, and suggests how to build a robust and profitable portfolio. I found the payout section to be especially helpful (and motivating!)
Dividend Growth Investor breaks down three types of dividend stocks and includes example companies with each one!
Root of Good is another blog I’ve been majorly digging into lately. I especially liked his December passive income recap and 2014 dividend income forecast. He breaks down all of his holdings and explains the benefits of dividend investing. I’ve revisited this post several times.
Afraid to invest in the stock market? This post from Financial Samurai discusses a fear of losing money, what we should know before buying stocks, and building a portfolio. This is a detailed and helpful post that all beginners should read.
I found this recent post by Retire Before Dad super inspiring. We can all benefit from his suggestions to “reduce, streamline, delegate, simplify, and automate” our financial lives. What makes passive incomes truly passive? This post really made me re-think the amount of time I spend on working towards financial independence.
Readers: What have you been reading lately to learn more about investing?