By now, you’ve probably set some goals for 2012, broken a few resolutions, and begun wondering just how you’re going to make things workout over the next 11 months. I’ve pulled together the websites that I visit most often to help you out this year.
Investors Business Daily (R) is the best strategy for growth investing. That doesn’t mean it is perfect, but it is the most comprehensive and repeatable that I’ve found.
This is the best site I’ve found for income investing, in terms of selecting an investment.
Site: Dividend Growth Investor
The author also includes his analysis on Major Limited Partnerships and CANROYS, which many investors use to supplement their income strategies.
Capital Preservation Investing (i.e. Saving Cash or Investing in Cash Equivalents)
You should always practice capital preservation, regardless of what strategy you’re using, through solid money management techniques. But if you’re looking for a place to stash your cash, here is a good place to start your search. Mint.com is a great personal finance site, and provides many free, easy-to-use search tools for credit cards, checking and savings accounts, CDs…even insurance.
Speculation is a misunderstood term in the investing world. You’ll hear a lot of politicians talk about speculators as if they were a plague of locusts.
As an investor, we all use speculation to a degree; some more than others. For example, no one knows that the stock market will look like over the next 12 months. So any stock you buy comes with some level of speculation about future performance, just because it is part of a broader market…not to mention how the stock will on it’s own merits.
The best resource for this type of investing is your brain. The more you know, the less you speculate. Remember, Gambling is not a strategy; it is an activity, performed for entertainment (if you’re feeling lucky, head to Greektown Casino, Motor City Casino, or MGM Grand and support the Detroit economy!).
Mr. Wenger, who has successfully invested and traded in the US markets for over a decade, created a website to help you learn how to invest safely. Access this free resource today by visiting Invest-Safely.com, Facebook, or Twitter.