5 Investment Resources That Are Often Overlooked

Even the wisest of investors cannot make good decisions based on his or her intuition alone, so do not hesitate to take advantage of the information that is available when you are a prospective investor. Too often, the resources offering this information are overlooked or unknown to those who need them the most. Paying attention to the following options for investing can help you refine your knowledge.

You may gravitate towards digital resources or more traditionally offered information, but no matter what you are looking for, the investment advice you need is available. Rather than entering the market blindly and hoping your instincts will lead to success, consult with any or all of the following resources to take advantage of the advice and information available to investors.

Apps for Your Phone

If you log on to your phone’s app store and search for “investing,” you will likely see hundreds of results populate. Indeed, there are a myriad of app resources available for tracking, predicting, managing, buying and selling investments. It would be silly not to take advantage of apps such as these for convenient and accessible information on all of your investments. There are many different apps available, though, and it might take a while to find the one that appeals to you. Try out a few until you find the one that meets your needs and is easy to navigate.

Social Media

Many people are unaware that their investment firm has social media profiles. Have you logged onto Facebook or Youtube to see what yours has to offer? Chances are, you will find that there are a range of resources available across social media to provide education and support for investors. If you are working with a specific investment company, look for their social media resources and reach out when you need help or support. Qualified investment advice is invaluable, so do not overlook the advice that can easily be found on investment firms’ social media profiles.

Others’ Personal Experience

Do you talk to your friends and family about your investments? If not, perhaps you should. You may be able to get some valuable insight from those around you and get a perspective you otherwise would not have access to. While you should ultimately trust a financial professional for the final word on any investment action you plan to take, initiating discussions with friends and family is a valuable mine of wisdom, too. You might learn about stocks and investments that you’d otherwise be unaware of, and talking to close ones about investing is a great way to exchange insight.

Investment Podcasts

If you are like many people, you enjoy the accessible format and entertainment value offered by podcasts. Indeed, the media has enjoyed a revival of sorts, and you can now find podcasts on nearly any subject imaginable—including, of course, investing. Many of these podcasts offer valuable insight into the current market, investment strategies and other important issues. Investment podcasts are a great resource for novice and experienced investors alike, and when education is entertaining, you likely won’t even notice that you are learning. Download a few episodes of different programs and find one that you enjoy.

Usual News Sources

You might not have realized that your usual news sources are valuable resources for investment advice. Indeed, whether you log onto a news site or open a newspaper in the morning, you can typically find a wealth of information related to your investments. You can survey the latest information on the stock market, read articles about world finance and absorb plenty of other information that is directly relevant to your investments. News itself is often a valuable source of information for investors, but it is often overlooked because interpretation requires insightful analysis. Think critically and financially when you read news.

There are many resources available to investors who want to be informed, educated and successful. It is important not to overlook some of the most valuable of these resources. No matter what level of expertise you have, you can learn from the advice available on social media, podcasts and even your daily news source.