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money guidance and how to get rich_246

Author: money guidance and how to get rich

Is researching companies online really that much better or

easier than doing it the old-fashioned way, at a library?

It sure is. The Internet has revolutionized investing, giving folks on Main

Street many of the resources used by the folks on Wall Street. With a

computer and a modem, you can access all the information you need

to make financial decisions — information that a few years ago might

have cost you thousands of dollars per year, but is now mostly free.

Perhaps most valuable for investors are a company's financial reports,

filed with the Securities and Exchange Commission (SEC) and available

online at www.freeEDGAR.com and other sites. Because the SEC

requires companies to include certain key information, reading a few

10-Qs and a 10-K is often the most efficient way to figure out a company

in a few hours. The 10-K reports include detailed company descriptions,

as well.

If you're looking for a company's history, financial information, and

addresses, take a look at www.hoovers.com. (There's a fee for some

of this info.) Also, don't neglect to visit a company's own website,

where you'll often find information on its history, products and services,

and stock.

Keep up with a company's happenings with keyword "Company News"

on America Online. It features searchable archives of Associated Press,

Reuters, Business Wire, and PR Newswire stories. On the Web, review

company news at www.newsalert.com, www.businesswire.com, and

www.prnewswire.com. Your local newspaper is likely to have its own

website, too.

Head to www.bigcharts.com, for comprehensive historical stock charts.

Five- or six-year financial trends are available at www.wsrn.com. If

you're willing to cough up a little cash, you'll get lots of detailed information

at www.marketguide.com.

All investors should explore these online resources. If you don't have

a computer, you can usually get free access through your local library

— or bum dinner off a buddy and surf the 'Net at his place while

he's cooking!


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