Investment Advice

Sound investment advice

Investment Advice: Finding Sources

Investment Advice

Investment advice can range in its source. Some people prefer to hirer someone to provide investment advice. Often times these people charge high prices while guaranteeing a huge return of investment. These people need to be watched out for, as they are often not giving reliable investment advice. However, most people will act as their own investment advice giver or investment advice can be purchased through your investment firm.

For those going alone, investment advice can be found in numerous magazines and websites. This can be accomplished by subscribing to anyone of a number of family-oriented investment magazines. These publications are for all types of investors and cover issues specific to a range of investor needs. Mutual Funds magazine, Money magazine, and Better Homes and Gardens' Family Money are great reads and a wealth of information. Mutual Funds and Money come out monthly, and Family Money is published every two months.

For in-depth, industry and asset class specific investment advice, as well as features dealing with various world market issues and complex investment instruments, Barron's magazine is an enjoyable and comprehensive source of information. Its delightful editorial page bridges socioeconomic, political, and Wall Street news, and contributors are well-versed in the industries they cover, asking tough questions of company and mutual fund management in interviews and reporting from an analytical perspective.

Another important place that may help with your investment advice is the stock’s prospectus and their shareholder report. These reports contain information for the fund on the reported time period (every six months or every year) and are fund investors' line on why management made the decisions that affected fund holdings, and industry and asset class factors that dominated performance of the fund.

Investment advice, however, given by a professional can often reduce the time an investor spends researching. Again, most investment institutions offer investment advice or it can be purchased as an add-on.