Friday, December 29, 2006

The Basics of Personal Finance

I've come across Investopedia a number of times, but not stopped to explore around.  While taking a break from studying last night, I stumbled onto their page for learning the basics about personal finance and stopped to have a look.  The website is full of useful, balanced investing fundamentals and a great way to get a good overview of personal finance.  I particularly liked the section on basic economics.

If you want to learn more about the confusing world of finance you've come to the right spot! We'd love to be your guide on the journey to financial freedom, and it all starts here. The following is our compilation of tutorials on subjects we feel every investor should know and understand. What you learn here will set the foundation for everything in the future.

BASIC FUNDAMENTALS

Investing 101
Do you know that you should invest, but don't know where to start? Then this primer is a must read!

Stock Basics
Find out the different types of stock, how the markets work, and all about the bulls and bears.

Bond & Debt Basics
Find out what bonds are, the different types, and why they are important for your portfolio.

Mutual Fund Basics
Learn what mutual funds are mutual funds as well as their pros and cons.

Retirement Planning
"How much do I need to retire?" Lets look at some of the factors to consider.

Economics Basics
Knowing the basics of economics is important for several reasons - find out why!

NOW THAT YOU'VE STARTED

20 Investments You Should Know
Here are 20 types of Investments that we feel every investor should be aware of.

Brokers and Online Trading Basics
What you need to know before choosing a stock broker that is right for you and trading online.

Online Investment Scams
The Internet has made investment fraud and scams much easier. What do you have to watch out for?

Learn About the P/E Ratio
What is the P/E ratio, and what does it really tell us and is it as useful as you think?

Index Investing
Take a tour through the world's most popular indexes and learn about their composition.

Reading Financial Tables
Learn how to read 6 popular tables published in newspapers and on the web.

IPO Basics
Learn what an IPO is and if it's possible for mere mortals like us to get in on one?

World's Greatest Investors
Here you can read about the backgrounds and achievements of those people who have mastered the art of investing.

Check it out!  The site is full of excellent adivce and information in a well-written style.  I recommend it highly!

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