Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
All right, so you
ready to dive into some finance
websites.
Speaker 2 (00:02):
Yeah, it looks like
you've given us a really
interesting set of articles, allabout finding the best ones out
there.
Speaker 1 (00:08):
Definitely seems like
you're on a mission to get
informed.
Speaker 2 (00:10):
We've got these two
articles that really stand out,
one from Gardner News Magazineand another that's super
detailed from Alpha Gamma.
Speaker 1 (00:19):
And it looks like
you're after something efficient
and insightful.
Speaker 2 (00:23):
Yeah, something that
cuts through the noise.
Speaker 1 (00:25):
Right, like you want
to understand what's really
going on in the financial world.
Speaker 2 (00:29):
Maybe to make some
smart investments, or maybe you
just want to keep up with thetrends.
Speaker 1 (00:33):
It's interesting,
though, both articles actually
start by talking about the needfor these websites in the first
place.
Speaker 2 (00:39):
It's like they're
saying not everyone's a
financial expert.
Speaker 1 (00:43):
And not everyone can
afford to hire a personal
advisor exactly.
Speaker 2 (00:46):
So these websites are
kind of stepping in to fill
that gap makes financialknowledge way more accessible
and the alpha gamma article goeseven deeper.
It talks about all thedifferent things you can learn
on these sites like what kind ofstuff?
Oh, it's not just stock pricesand investment strategies.
There's career info, financialfinancial terminology, market
data.
Speaker 1 (01:04):
Wow, sounds like a
one-stop shop for all things
finance.
Speaker 2 (01:08):
Pretty much.
They even have a top 15 list ofrecommended websites.
Speaker 1 (01:12):
Okay, let's start
there.
Speaker 2 (01:13):
All right.
So first up we've got BloombergBusinessweek.
Speaker 1 (01:16):
Bloomberg
Businessweek.
I always thought it was justBusinessweek.
Did they rebrand or something?
Speaker 2 (01:25):
Yeah, a while back.
Speaker 1 (01:25):
So they're known for
their in-depth analysis of
everything that's happening inthe business world, so it's not
just about reporting the news.
Yeah, it's about understandingwhat it all means.
Speaker 2 (01:30):
Right.
They connect the dots andexplain how seemingly unrelated
events can actually have a hugeimpact.
Speaker 1 (01:36):
Like, give me an
example.
Speaker 2 (01:37):
Okay, so let's say
there's a major drought in
Brazil.
Speaker 1 (01:40):
Okay.
Speaker 2 (01:41):
Bloomberg
Businessweek might write an
article explaining how thatdrought could actually affect
tech stock prices.
Speaker 1 (01:47):
Whoa, that sounds
wild.
How are those two things evenconnected?
Speaker 2 (01:52):
That's the thing.
They break it down in a waythat makes total sense.
Speaker 1 (01:55):
You're not just
getting the headlines, you're
getting the whole story.
Speaker 2 (01:58):
Exactly Now for
something completely different.
There's Reuters.
Speaker 1 (02:01):
Reuters.
Yeah, that's the nameeveryone's heard of.
Speaker 2 (02:04):
If Bloomberg is known
for their analysis, Reuters is
all about the raw, unbiased news.
Speaker 1 (02:10):
Like just the facts.
Speaker 2 (02:11):
Exactly, they're the
world's largest multimedia news
agency.
Speaker 1 (02:15):
And they've got a
reputation for solid,
independent journalism going allthe way back to 1941.
So if you want the news withoutany spin, Reuters is the way to
go.
Speaker 2 (02:26):
Absolutely Now.
If you're interested in notjust making money but making a
positive impact, you might wantto check out Forbes.
Speaker 1 (02:34):
Forbes.
Really, I always thought ofthem as that magazine with all
the billionaires on the cover.
Speaker 2 (02:38):
That's definitely
part of it.
Their target audience isbusiness leaders, but they've
also been covering a lot moreabout sustainability and equity
in the business world.
Speaker 1 (02:46):
So like socially
conscious investing.
Speaker 2 (02:48):
Exactly, and
businesses that are trying to
make a difference.
Speaker 1 (02:51):
OK, now let's talk
about a publication that's been
around forever the Wall StreetJournal.
Speaker 2 (02:56):
Oh yeah, that one's a
classic.
Speaker 1 (02:57):
It does sound a bit
intimidating, though.
Speaker 2 (02:59):
Well, remember, this
is all about finding resources
that fit your needs.
The Wall Street Journal hasbeen around since 1889.
Speaker 1 (03:05):
Wow, 1889.
That's before cars were even athing.
Speaker 2 (03:10):
They've been
chronicling the rise of
industries and financial marketsfor over a century.
Speaker 1 (03:15):
So for someone who's
interested in history and how it
all connects to finance, theWall Street Journal would be an
incredible resource.
You could literally trace theevolution of the global economy
through their archives.
Speaker 2 (03:27):
Now for something a
little more hands-on.
Let's look at investingcom.
Speaker 1 (03:30):
Investingcom Okay,
that sounds a lot more
action-oriented.
Speaker 2 (03:34):
They're all about
real-time data, quotes, charts
and tools.
Speaker 1 (03:38):
Wait, what does
real-time data even mean?
Speaker 2 (03:40):
It means you're
seeing stock prices, currency
exchange rates, commodity pricesas they happen.
Oh wow, it's super importantfor day traders and anyone who's
making short-term investmentdecisions.
Speaker 1 (03:51):
So it's all about
speed.
Speaker 2 (03:52):
Pretty much.
You got to be able to reactquickly to market changes.
Speaker 1 (03:56):
Now, on the complete
opposite end of the spectrum, we
have Kiplinger Kiplinger.
What are they known for?
Speaker 2 (04:02):
Long-term strategies
and personal finance.
They've been around since 1920.
Speaker 1 (04:07):
So they've seen it
all.
Speaker 2 (04:08):
And they have this
really cool feature a tax tips
section.
Speaker 1 (04:11):
Taxes.
Ugh, my least favorite topic.
Speaker 2 (04:14):
I know right, but
they actually make it pretty
painless.
They offer really specificadvice.
Speaker 1 (04:19):
Like what.
Speaker 2 (04:20):
Oh, like how to
maximize your deductions if
you're self-employed, thingslike that.
Speaker 1 (04:24):
Okay, that's actually
helpful.
I'm always so lost when itcomes to taxes.
Speaker 2 (04:28):
They break it down in
a way that anyone can
understand.
Speaker 1 (04:31):
So it's not just
theory, it's about practical
strategies to save money.
Speaker 2 (04:34):
Exactly All right.
So next up we have this IsMoney.
Speaker 1 (04:40):
Okay, this Is Money.
I like the name it soundspretty approachable.
Speaker 2 (04:44):
Yeah, they're really
good at explaining complex
financial stuff in plain English.
Speaker 1 (04:48):
Like for beginners.
Speaker 2 (04:49):
Yeah, they're a great
starting point if you're
feeling a bit intimidated by allthe jargon and stuff.
Speaker 1 (04:54):
Even if you're not a
total newbie.
Speaker 2 (04:55):
You can still benefit
from their clear explanations
and examples.
Speaker 1 (04:59):
Makes sense.
Okay, what's next on the list?
Speaker 2 (05:01):
Let's see, we've got
the Street.
Speaker 1 (05:03):
The Street.
Okay, what's their deal?
Speaker 2 (05:05):
They offer a mix of
content, some for individuals,
some for organizations.
Speaker 1 (05:09):
So kind of a broader
appeal.
Speaker 2 (05:10):
Exactly.
They've got investmentstrategies, market analysis,
personal finance tips Soundspretty versatile, okay, okay,
what about this one MoneyMorning?
Money Morning.
They have a really interestingfocus.
What is it?
They're all about financialfreedom, but in the context of a
global economy.
Speaker 1 (05:29):
Okay, that makes
sense.
The world's so interconnectedthese days.
Speaker 2 (05:32):
Right, it's not just
about what's happening in your
own backyard anymore.
Speaker 1 (05:34):
Okay, now we've got a
big one, CNBC.
Speaker 2 (05:37):
CNBC.
Yeah, that's the one you see onTV all the time.
Speaker 1 (05:41):
There are Legos
everywhere.
Speaker 2 (05:42):
They're like the
pulse of the market.
Real-time financial coverage.
Speaker 1 (05:45):
Yeah.
Speaker 2 (05:46):
Business news from
all over the world.
Speaker 1 (05:48):
So if you want to
know what's happening right now,
CNDC is your go-to.
It's like a constant stream ofupdates and analysis.
Speaker 2 (05:54):
Pretty much All right
.
Next up we have CNN Money.
Speaker 1 (05:58):
CNN Money.
What makes them stand out?
Speaker 2 (06:00):
They're really good
at connecting the news to your
personal finances.
Speaker 1 (06:04):
Give me an example.
Speaker 2 (06:05):
Okay, so let's say
there's a trade war between two
countries.
Speaker 1 (06:08):
Happens all the time.
Speaker 2 (06:09):
Right.
Instead of just reporting onthe politics of it all, CNN
Money might explain how thattrade war could actually affect
the price of groceries or thevalue of your investments.
Speaker 1 (06:19):
Okay, that's actually
really helpful.
Speaker 2 (06:20):
I can see how that
would be relevant to people All
right Now let's move on to amore serious one the Financial
Times.
The Financial Times, oh yeah,that one always sounds so
sophisticated it is.
They're known for theirauthority and integrity, like if
you're a serious investor.
Exactly, they cater to a prettyinfluential audience.
Speaker 1 (06:38):
Makes sense, OK.
What about MarketWatch?
Speaker 2 (06:40):
MarketWatch.
They're all about speed.
Speaker 1 (06:43):
Like real time data.
Speaker 2 (06:44):
Even faster.
They've got a huge team ofjournalists churning out content
all day long, wow.
Speaker 1 (06:51):
So if you need the
very latest news, Market Watch
is where it's at.
It's like a 2047 news cycle forfinance.
Speaker 2 (06:56):
OK, now let's switch
gears a bit and talk about the
Economist.
Speaker 1 (07:00):
The Economist.
Speaker 2 (07:01):
Hmm.
Speaker 1 (07:02):
I know they cover a
wide range of topics.
Speaker 2 (07:04):
They do, but they
have a really strong finance and
economics section.
Speaker 1 (07:08):
So they know their
stuff.
Speaker 2 (07:09):
And they're known for
being super objective.
They don't have an agenda.
They present the facts and letyou draw your own conclusions.
Speaker 1 (07:17):
So no hidden biases.
Speaker 2 (07:19):
Right, which is
really important these days,
when everyone seems to have anopinion on everything.
Speaker 1 (07:24):
Especially when it
comes to money.
Speaker 2 (07:26):
Exactly All right.
Last but not least, we've gotthe Motley Fool.
Speaker 1 (07:32):
Oh yeah, the Motley
Fool.
They're the ones with that bigclaim about their stock picks
right.
Speaker 2 (07:36):
You got it.
They say that if you followtheir recommendations, you have
a 97% chance of seeing positivereturns over the long term 97%.
Speaker 1 (07:47):
That sounds almost
too good to be true.
Speaker 2 (07:49):
It's always a good
idea to be skeptical of claims
like that.
Speaker 1 (07:52):
So don't just blindly
follow their advice.
Speaker 2 (07:54):
Exactly.
Do your own research and see ifit makes sense for you.
Speaker 1 (07:57):
Okay, that's good
advice.
It's easy to get caught up inthe hype.
Speaker 2 (08:00):
Especially online,
right Right.
Speaker 1 (08:02):
Anyone can claim to
be a financial expert these days
.
Speaker 2 (08:05):
Exactly so you got to
be careful.
Speaker 1 (08:07):
So we've talked about
a lot of websites that focus on
investing and market analysis.
Yeah, we have, but what aboutpersonal finance?
Speaker 2 (08:13):
Like budgeting and
saving.
Speaker 1 (08:15):
Exactly when should
people start if they want to
learn more about that stuff?
Speaker 2 (08:19):
Well, Kiplander,
which we mentioned earlier, is a
great resource for that kind ofstuff.
Speaker 1 (08:23):
Yeah, they had that
whole section on tax tips.
Speaker 2 (08:25):
Right.
They cover all sorts ofpersonal finance topics
budgeting, saving, investing,retirement planning.
Speaker 1 (08:32):
What about?
This Is Money.
They seemed pretty good forbeginners.
Speaker 2 (08:35):
Oh yeah, they're
definitely beginner friendly.
They explain things in a reallyclear and simple way.
Speaker 1 (08:41):
OK, so we've covered
a ton of ground here.
Speaker 2 (08:43):
We have.
Speaker 1 (08:43):
And it sounds like
you're ready to take control of
your financial future.
Speaker 2 (08:46):
Absolutely.
Speaker 1 (08:47):
But with all this
information swirling around in
my head, I can't help but wonderhow do we actually put all this
knowledge into action?
Speaker 2 (08:58):
Ah, that's the
million dollar question.
Speaker 1 (09:00):
Right, it's one thing
to read about all these
websites and strategies.
Speaker 2 (09:03):
It's another thing
entirely to actually implement
them.
Speaker 1 (09:06):
So how do we bridge
that gap?
Speaker 2 (09:07):
Well, this deep dive
was all about giving you a solid
foundation.
Speaker 1 (09:12):
Like a roadmap to the
world of finance websites.
Speaker 2 (09:15):
Exactly Now.
You've got a curated list ofresources, each one catering to
different needs and interests.
Speaker 1 (09:21):
Okay, so what's the
next step?
Speaker 2 (09:23):
The next step is
choosing a few that resonate
with you.
Speaker 1 (09:26):
The ones that really
speak to where you're at.
Speaker 2 (09:28):
And then dive deeper,
start exploring.
Speaker 1 (09:31):
So it's like we've
given you the keys to a massive
library.
Speaker 2 (09:34):
And now it's up to
you to choose the books you want
to read.
I like that analogy.
Speaker 1 (09:46):
So what piques your
interest?
Are you drawn to the fast-pacedworld of real-time market data,
or maybe you're more interested?
Speaker 2 (09:49):
in the in-depth
analysis and global perspective.
There's no right or wronganswer here.
Speaker 1 (09:51):
It's all about
finding what sparks your
curiosity.
Speaker 2 (09:54):
And helps you achieve
your financial goals.
Speaker 1 (09:56):
And don't be afraid
to experiment.
Speaker 2 (09:58):
Yeah, try different
websites, see what works best
for you.
Speaker 1 (10:01):
Your needs and
interests might change over time
.
Speaker 2 (10:03):
Exactly what works
for you today might not work for
you a year from now.
Speaker 1 (10:07):
And here's another
tip Don't be afraid to ask
questions.
Speaker 2 (10:11):
Oh yeah, that's a
good one.
Speaker 1 (10:12):
A lot of these
websites have communities or
forums.
Speaker 2 (10:15):
You can connect with
other users.
Speaker 1 (10:16):
Learn from their
experiences.
Speaker 2 (10:18):
It's like tapping
into a collective wisdom.
Speaker 1 (10:21):
People who are all on
their own financial journeys,
exactly.
So, as we wrap up this deepdive, I want to leave you with
one final thought.
Speaker 2 (10:27):
Okay, I'm listening.
Speaker 1 (10:28):
Don't just consume
this information, apply it.
Put it into practice, exactlyWhether it's refining your
budget.
Speaker 2 (10:36):
Or tweaking your
investment strategy.
Speaker 1 (10:38):
Or just having more
informed conversations about
money.
Speaker 2 (10:41):
Let this deep dive
empower you.
Speaker 1 (10:44):
I love that Take
control of your finances.
This deep dive has given youthe tools.
Speaker 2 (10:49):
But the journey is
yours to take.
Speaker 1 (10:51):
So go explore
experiment.
Speaker 2 (10:53):
And remember, the
world of finance is your oyster.
Speaker 1 (10:57):
Happy investing.