Friday, August 14, 2009

Seeking Alpha - investment tools

I have been trading stocks for about 15 years on Ameritrade. I have larger amounts invested in Scwhab under a 3M retirement program. I make my own decisions about when to trade and what strategies to follow. I'm not an expert. My wife and I suffered 40 percent loss in about two weeks at the end of September 2008, a common experience for many investors.

My wife will never again invest in stocks or stock-based funds. The alternatives are very slow growth.

I restarted investing in April 2009. I did not take the risk to get back in the market when the bottom was reached on March 9. My investments have grown about 15 percent since April. Very good, I think.

I have used Yahoo Finance for years to monitor my active portfolios and track a wide range of categories. This morning, one of the headlines by Seeking Alpha was about the fact that Yahoo attracts by far the most viewers of news content, far above network tv, or MSNBC, ABC online, or Google.

I followed the link to the Seeking Alpha website. It's one of the best designed, easiest to use investment resources I've seen. I registered this morning, and now have a profile as useful as any I have put out on my blogs. Here's the link.

http://seekingalpha.com/?source=headtabs

What other tools do I use? The Street.com, The Shark (ETF Weekly Newsletter), CNBC online, Morningstar.
Also useful are the tools within Schwab and Ameritrade. Fallen into disuse, Motley Fool, CBS Market Watch.

1 comment:

Tom Brennan said...

Dave:


Welcome back to the blog !!

As we all get older, it's interesting to see how we all seem to adopt the attitudes of our parents more and more.

Your folks, and mine, went through the Great Depression together, after witnessing the Great crash, and were very reluctant to invest in stocks after that. One of my dad's sisters (who never married) had over $500,000 in passbook savings when she passed on.

Neither one of us would consider that to be good money management, but she was obviously pretty scarred by the stock market of the 1930;s ...