March 12, 2008

Where to find the Best Online Stock Trading Advice

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Every online stock trading company toots their own horn to a point. What you need before you plunk down any money trading stocks online is objective information. MSN Money is my favorite for unbiased stock...


Every online stock trading company toots their own horn to a point. What you need before you plunk down any money trading stocks online is objective information. MSN Money is my favorite for unbiased stock information and they have a lot of fun tools to let you see every aspect of what is going on. This is definitely one of the best online stock trading advice portals.

About.com has a lot of stock trading information and a large section on day trading. They also have links to stock trading simulations that can teach you about online stock trading before you leap in with your own money.

Yahoo finance has a lot to offer too when it comes to some of the best online stock trading advice. There is an education center with articles and dictionaries and tools to help the novice investor. Although the articles are written by some of the brokerage firms, the yahoo site has a lot to offer.

To the degree that it is possible, look for objective advice rather than learning everything from someone who is trying to get your business. You need to learn the basics before you can make an informed decision as to who is the best online stock trading company.

Howstuffworks.com has an extensive article on their website explaining how the stock market works. These are the kinds of things you want to look for before you make your first investment. DaveRamsey.com is an excellent website for investing advice and any kind of financial advice. If you don't know Dave, he is a financial guru and has a regular radio program. His advice of the century is for people to get out of debt and save money and then give it away to help others.

CNNmoney.com has stock information and news. If you search this site with the search terms "investing advice" you will find articles and information regarding online stock trading as well as offline. Be sure and scroll past the sponsored links first.

Suzeorman.com is an excellent resource to find some of the best online stock trading advice. She has a resource center with plenty of financial information including stocks.

Once you get some objective online stock trading advice, you'll be better prepared to look around at the online brokerage companies and you'll be able to recognize if something sounds too good to be true and you'll be able to recognize things like exorbitant fees and such. The main thing is to get your feet wet without being taken advantage of.

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