Yes, I know there are an almost unlimited number of sources on the web that have information about investing. And many of them are independent from any financial services business that might be trying to sell you something. So, let’s say then that this is for my own benefit. I have this stuff rattling around in my head and am using this opportunity and this forum to commit it to “print”.
I find that sometimes people are reluctant to admit that they don’t understand some of the basics related to investing. The terms that are used and the vast array of investment products and strategies can be imposing and overwhelming. To some extent, that’s the way the financial services industry wants it. They would prefer that you simply hand over your money and let them “manage” it for you. You’ll find that I’m greatly skeptical of this approach. While there are good and honest service providers, I believe that the average investor can manage his or her own investing at a much reduced cost and with results that are as good as or better than the majority of the professionals. Along the way I will point you to other references that will reinforce this approach.
Stocks and Bonds
What does the stock price mean?
Stock and bond classifications and indexes
Dividends, stock buy back and splits
Mutual funds and ETFs
Diversification and asset allocation
Investing in your workplace 401k
DIY vs Professional Management