Anyone who is financially savvy knows that investing is crucial to achieving financial success. However, anyone who has tried investing also knows that it can be daunting.
It doesn’t matter whether you’re a complete beginner or coming in with some experience under your belt. Investing isn’t easy. But that doesn’t mean you can’t do anything to maximize your chances of success.
The most successful investors never stop learning
One of the best strategies for successful investing (and perhaps the most important of them all) is continuous learning. Granted, some forms of investing require more effort to learn and master than others. But whichever investing pathway you choose to undertake, you’re guaranteed to benefit from educating yourself ceaselessly.
The internet is filled with hundreds of websites, blogs, apps, podcasts, ebooks, and channels about smart investing. Clearly, there is no scarcity when it comes to resources to use.
The main challenge is weeding through all of the available options to determine which ones are worth paying attention to. To help you with that, we’ve rounded up six of our favorite resources for savvy investing.
Top 6 resources for smarter investing
Let’s dive in!
1. Capitalist Exploits Newsletter
Capitalist Exploits offer a newsletter for savvy investors who want to make 300% or more on their investments. They provide investment reports, which is a paid service. However, you can also take advantage of their free newsletter if you want to get your feet wet before spending any money.
Called, “Our Wold This Week,” Capitalist Exploit’s newsletter covers investing ideas and functional analyses and commentaries. If you want to know more, check out this insightful and detailed review of Capitalist Exploits newsletter.
2. The Little Book of Common Sense Investing
Endorsed by the likes of Investopedia’s Financial Review Board and Warren Buffett himself, The Little Book of Common Sense Investing is a must-read for those starting their journey towards becoming intelligent investors.
In this book, John C. Bogle shares an in-depth analysis of investment strategy and explains how you can make the wisest investment decisions. It talks about building a low-risk and diversified portfolio and teaches you how to build wealth using index funds.
3. The Motley Fool Website
Motley Fool is responsible for building one of the biggest investment communities in the world. What we like the most about this website is they have something to cater to almost every kind of investor. Like Capitalist Exploits, Motley Fool has free and paid services depending on your needs and appetite.
4. Yahoo Finance App
Having trusted figures to list the best stocks for you every week is great, but there’s nothing like keeping track of the market yourself. The Yahoo Finance app is, in our opinion, the best platform for watching stocks and keeping up with the latest news. You get a personalized news stream and your own watch list, which is super convenient.
5. Phil Town’s Rule #1 Investing YouTube Channel
If video is more like your thing, Phil Town’s YouTube channel is a great resource. His videos cover investing and personal finance topics that apply to all people in different situations.
6. The Money Tree Podcast
The Money Tree’s investing podcast offers great discussions on investing, personal finance, passive income, and wealth-building with new episodes weekly. They feature different guests every week, which means you’ll get access to different perspectives and hear educated opinions from people who have been there, done that.
Even the most conservative investments come with a certain level of risk. After all, if investing were so easy and straightforward, everyone would be insanely rich from doing it. That said, the best way to protect yourself from unnecessary losses is by becoming an intelligent investor. On the internet, investing advice comes aplenty. Ignoring misleading advice and being smart about the materials you consume will go a long way in helping you perfect your investment game.