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| financial_advice [2008/09/15 21:29] – external edit 127.0.0.1 | financial_advice [2012/01/02 16:52] – Link to stack exchange, crap on fool.com peterwilliams |
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| ====Learn more==== | ====Learn more==== |
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| * Read [[http://en.wikipedia.org/wiki/Burton_Malkiel|Burton G. Malkiel]]'s 1973 classic //[[http://www2.wwnorton.com/catalog/fall06/006245.htm|A Random Walk Down Wall Street]]// for a thorough explanation of the [[financial_advice:glossary#Efficient Market Hypothesis (EMH)|Efficient Market Hypothesis]] (or why it's so hard to beat the market) and how to invest wisely. It's often called the first book any investor should read on investing. There's also an advice-only version //[[http://www2.wwnorton.com/catalog/fall04/032639.htm|The Random Walk Guide to Investing]]//, without all of the academic analysis. | * Read [[http://en.wikipedia.org/wiki/Burton_Malkiel|Burton G. Malkiel]]'s 1973 classic //[[http://www2.wwnorton.com/catalog/fall06/006245.htm|A Random Walk Down Wall Street]]// for a thorough explanation of the [[financial_advice:glossary#Efficient Market Hypothesis (EMH)|Efficient Market Hypothesis]] (or why it's so hard to beat the market) and how to invest wisely. It's often called the first book any investor should read on investing. There's also an advice-only version, //[[http://www2.wwnorton.com/catalog/fall04/032639.htm|The Random Walk Guide to Investing]]//, without all of the academic analysis. |
| | * [[http://money.stackexchange.com]] is a Q&A site with some good information. |
| * [[http://finance.yahoo.com/columnist/archives/headline/futureinvest/2006/1|Jeremy Siegel]] and [[http://finance.yahoo.com/columnist/archives/headline/millionaire/2005|David Bach]] have some [[http://finance.yahoo.com/columnist/allbios|columns]] which can be instructive. | * [[http://finance.yahoo.com/columnist/archives/headline/futureinvest/2006/1|Jeremy Siegel]] and [[http://finance.yahoo.com/columnist/archives/headline/millionaire/2005|David Bach]] have some [[http://finance.yahoo.com/columnist/allbios|columns]] which can be instructive. |
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| * Learn about [[http://en.wikipedia.org/wiki/Benjamin_Graham|Benjamin Graham]], [[http://en.wikipedia.org/wiki/Warren_Buffett|Warren Buffett]] and [[http://en.wikipedia.org/wiki/Berkshire_Hathaway|Berkshire Hathaway]], the paragons of active, low-risk, high-return, "value" investing. | * Learn about [[http://en.wikipedia.org/wiki/Benjamin_Graham|Benjamin Graham]], [[http://en.wikipedia.org/wiki/Warren_Buffett|Warren Buffett]] and [[http://en.wikipedia.org/wiki/Berkshire_Hathaway|Berkshire Hathaway]], the paragons of active, low-risk, high-return, "value" investing. |
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| * [[http://www.morningstar.com|MorningStar]] is the gold standard for analysis of mutual funds, and has a handy, free web interface for keeping track of your investments. Just don't take their star system too seriously. | * [[http://www.morningstar.com|MorningStar]] is the gold standard for analysis of mutual funds, and has a handy, free web interface for keeping track of your investments. Just don't take their star system too seriously. |
| | * [[http://www.fool.com|Fool.com]] is all about trying to beat the market (which is, in fact, a foolish strategy). |
| * [[http://www.fool.com|Fool.com]] is all about trying to beat the market. | |
| * [[http://www.fairmark.com/rothira/toc-roth.htm|Roth IRAs]] can get kind of complicated. | * [[http://www.fairmark.com/rothira/toc-roth.htm|Roth IRAs]] can get kind of complicated. |
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| ====Bottom line advice==== | ====Bottom line advice==== |
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