Thursday, July 31, 2008

How to Get Financial News

Whether we like it or not, we are all tied into the financial world. Even if you personally don't own a stock, chances are your retirement plan does. If you work for yourself or if you have a credit card or a mortgage, you rely on interest rates for your monthly payments which are all tied into the day to day financial markets. Here are some tips on where to get financial news on stocks, bonds and related topics.

Watch television in the comfort of your own home. This is the fastest way that you will receive financial news about stocks, bonds and emerging markets. CNBC is the most popular channel. Also Bloomberg broadcasts on various stations (check your local listings) in the morning. Fox has its own financial channel; they, like CNBC will broadcast most of the day.

Go online and surf the web. There are fantastic sites all over the web which update their financial news on stocks and bonds throughout the day. Thestreet.com, motleyfool.com and ragingbull.com are all great sites. Yahoo! and AOL also have financial tabs that are on their home page that are very informative.

Read the paper. All of the major papers have a business section which is printed daily and reviews the previous day's events. These articles are best utilized for the casual investor whose life is not wrapped up in daily trading. But the most informative papers on financial news are of course The Wall Street Journal and Barron's (which is published weekly and hits news stands Saturday.) These papers also have online sites, but are more commonly read in paper form as they are institutions of the financial business.

Listen to the radio. There are AM news stations throughout the country that give updates throughout the day on the broader market averages and overall sentiment. Also if you have satellite radio, CNBC and Bloomberg have financial channels to which you can listen and stay up to date.

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