The Investor's Toolset: 57 Must-Have Web Resources

If you're wasting your time trying to find all the information you need for investment strategies, learning more about how everything works, or if you just want to find things a little bit easier, here are 57 must-have resources to get you started.



Learning Tools

  1. Morningstar Classroom — You'll find 172 different courses here that will walk you through stocks, building a portfolio, and a lot more.
  2. Cool Investing — If you're totally new to investing, this is a great place to start. You'll find out how to reduce the amount of risk you're facing as well as receive some great advice.
  3. Amerisave Learning Center — This site covers a lot of different investing topics if you're interested in the real estate investment market, as well as loan applications, advice, and much more.
  4. World Wide Learn — This site offers a variety of free courses to get you started on the right track of investing your money the smart way.
  5. Investopedia — This site helps around 2 million people every month, and includes informative articles, advice, and important industry news.

The Best Investment Blogs

  1. The Kirk Report — Kirk has an incredible amount of advice that he's willing to share with his readers.
  2. Trader Mike — This is a great site if you're interested in day trading, and includes an RSS feed so you can watch his different picks.
  3. Bill Cara — Cara founded two different investment firms and now has his own blog where he shares his advice and important news.
  4. Random Roger — Roger is a portfolio manager who enjoys a wide readership which is encouraged to ask questions. You may just find the best answer to your own questions reading through his multiple posts, and if you don't, all you need to do is ask.
  5. The Motley Fool — While this isn't solely a blog site, it's definitely one that you'll want to visit every single day.

Fantasy Investment Sites

  1. Fantasy Stock Market — Before you get your feet wet, see how the water's doing without risking any money. This is one of the most popular fantasy stock market sites in existence and you'll get $1000 in play money to see how you do.
  2. Investopedia's Stock Simulator — Although we mentioned them earlier, this section of the Investopedia site deserved its own mention. It's easy to use, educational, and fun.
  3. Virtual Stock Exchange from MarketWatch — In addition to their fantasy games, you'll also get free research and analysis tools which can be helpful in the real world of investing.
  4. Youth Money Fantasy Stock Market Game — Young or not, you'll get $10,000 to play with and you may even win a helpful kit that will help you along the road to investment bliss.
  5. Stock Trak — This is a popular site that is used by several top universities around the world for its educational bent.

Investment News Sites

  1. Investment News — This is another must-visit-everyday kind of site that offers news on several different areas that are of interest to investors.
  2. Bloomberg — The perennial favorite for a reason. This site always provides up-to-date information and analysis.
  3. MarketWatch — In addition to regular financial news, they occasionally break into other sectors, making for an interesting daily read.
  4. Wall Street Journal — If you don't want to pony up cash for a subscription, you can still access a few of their informative articles online. However, their news and advice columns are well worth the subscription fee.
  5. World Investment News — If you're interested in investing on a world-wide level, then this site is an absolute must-see.

Portfolio Managers

  1. AOL's Finance — Regardless of what you think of AOL, this has long been held as one of the best online portfolio managers you can find.
  2. Google Finance — Google Finance offers the ability to create or import your own portfolio, and then stay on top of all the latest news that personally affects your holdings.
  3. Money Central — Money Central from MSN offers similar services as Google Finance, coupling in news and research with your online portfolio.
  4. TradeTrakker — If you need a little more power, give TradeTrakker a try. It downloads onto your own computer and provides an incredible amount of management tools.
  5. Intuit — If you're already using Intuit's products to manage your finances, this is a logical choice for online portfolio management.

Research Tools

  1. Zack's — While this site isn't free, it offers an incredible amount of investment research tools that can help you make the right decision when it really matters.
  2. Fidelity — This service is free for 30 days, giving you a chance to see if it's really worth your time and money.
  3. Schwab — This section offers several different tools for different investors, as well as free test drives to see how everything works before you buy it.
  4. MarketWatch Interactive Stock Charts — This section of the MarketWatch site is extremely beneficial for investors and it's free to use.
  5. Investor Guide — Their stock of the day, ratings, and tools section are easy to understand and contain a wealth of information.

Top Online Investment Brokers

  1. Ameritrade — This service is well priced, but there may be an inactivity fee if your account falls below a certain balance.
  2. E-Trade — Reasonable fees and a lot of tools make this one an all-time favorite of many investors.
  3. Brown and Company — If you're a well-trained investor, this site, which is a division of JP Morgan is definitely for you. Otherwise, you may want to brush up on your skills first.
  4. Scottrade — The fees here are a minimum and they cater to personal investors who may not have a lot of money, but who want to play the game. Low minimums and their focus on Internet trading have made this site incredibly popular.
  5. TD Waterhouse — If you've got a lot of money to invest, the high minimums for accounts won't bother you. The prices are reasonable and the investment tools are terrific.

Investment Message Boards

  1. The Motley Fool Discussion Board — You can learn a lot here in this enormous community that focuses on all aspects of investment life, with a little fun thrown in as well.
  2. Raging Bull — Talk to a Raging Bull representative, or just about anyone else at this terrific message board.
  3. Superior Investor — This site is aimed more toward the average investor and has a great advice section as well as a live chat for instant information.
  4. Global View — If you're into global investing, this site is a must-see for its information and resources, as well as the camaraderie.
  5. Investor Ville — This is a huge and well-trafficked message board that offers advice, research, and more.

Free Trading Sites

  1. Zecco — They say the best things in life are free, and Zecco is proof that sometimes it really does happen. Get 10 free trades a day, and up to $40 a month.
  2. Bank of America — Bank of America is a respected banking leader and you can now get free trades — up to 30 per month.
  3. Wells Fargo — Another big name that offers 100 free trades per year, but there are some account minimums and guidelines.
  4. FirstTrade — While it's not completely free, you do get 100 free trades before the fees start to kick in.
  5. E-Trade — In an effort to keep up with the competition, E-Trade recently started offering 100 commission-free trades to new customers.

Free Advice

  1. Investment U — Sometimes, it pays to get as much free advice as you can before you get started in the markets. This is a great place to begin.
  2. Investment Press — Get free advice from leading professionals as well as investment news.
  3. Top Forex Brokerages Compared — If you want to start a Forex account, read this first.
  4. Fisher Investments — This site offers a wealth of free information for investors, from a top-ranked and respected market forecaster.
  5. This Money — This UK-based site offers a wealth of free advice, company reports, and a lot more.

Everything Else

  1. Smart Money Magazine — You'll find a lot of different tools here, from portfolio managers, to free advice to their map of the markets, which is incredibly interesting.
  2. American Association of Individual Investors — An incredible amount of information, tools, and help for the individual investor.
  3. Investing in Bonds — This site is run by the Bond Market Association and has a wealth of information on everything related to investing in bonds.
  4. Yahoo Finance — This is ranked as one of the easiest to use financial sites and there's plenty here to keep you occupied and informed.
  5. Warren Buffett — You can't go far in investing without running across this guy, and there's a good reason.
  6. Edgar SEC — This site from the Security and Exchange Commission should not be overlooked for its usefulness and amount of company data.
  7. Quote.com — Everything from stocks, news, charts, futures, securities, and more, all on one site.

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