Resources you use to Educate on Money and Markets in retirement

[Romer]

There is a thread in the FAQ on books and that isn't what I am looking for here. I searched and didn't see this topic, but there are lots of search parameters that could have been used.

What I am asking about is Magazines, Newspapers and web site services that have helped you and why you would recommend it

I use to get Money Magazine and the Kiplinger newsletter but stopped as I wasn't getting a lot out of it. That was 15 years ago though.

I use to travel a lot and read the Wall Street Journal in the airport club lounges, but didn't get a lot out of it. True 10 years ago and I only read (really scanned) it occasionally so not a good barometer

I read the Motley Fool a lot and have wondered if the paid Subscription to their site is worth it

I can research individual investments from my TD Ameritrade account and there is likely more there that I haven't used yet.

I read the AARP information, but don't get a lot out of that that you don't get just reading the regular news

I know there are LOTS of available resources and likely a few will help provide a balanced set of information

Wondering what are your favorite resources for Money management and to help you be pro-active with the market. Could be magazines, newspapers, newsletters, web sites, etc. I would also like to know what it is about that resource you find helpful to you.

Thank in Advance

 

[single2019]

Bogleheads forum

 

[Luvtoride]

Morningstar premium which I think has excellent investment “theory” articles and features in addition to very good analysis of stocks and funds. I have posted several articles from Morningstar here and I hope they are useful.

Kiplinger Personal Finance. They have many publications and the “letter” you mentioned is probably something different.

I like both of these publications/sources due to their thoughtful articles on Investment types with clear explanations and very good supporting data and graphs used.

It’s a great place to start my research about investment themes, trends and strategies.

I also read the Wall St Journal daily. Their features and insight into financial markets is unrivaled in the media.

 

[FlaGator]

www.paulmerriman.com for a DIY version of the Fama/French-Dimensional Funds approach.

He's an advocate for small, value, and especially small value. Has model portfolios in degrees of complexity, ranging from the full Fama/French factor investing to simpler portfolios using a target date fund and small value for a kicker. Plenty to choose from for those interested in a passive approach that isn't straight John Bogle while acknowledging the benefits of the Bogle approach.

 

[Montecfo]

Morningstar premium which I think has excellent investment “theory” articles and features in addition to very good analysis of stocks and funds. I have posted several articles from Morningstar here and I hope they are useful.

Kiplinger Personal Finance. They have many publications and the “letter” you mentioned is probably something different.

I like both of these publications/sources due to their thoughtful articles on Investment types with clear explanations and very good supporting data and graphs used.

It’s a great place to start my research about investment themes, trends and strategies.

I also read the Wall St Journal daily. Their features and insight into financial markets is unrivaled in the media.

Yes have these plus Forbes and the best of all, Barron's.

 

[Closet_Gamer]

https://www.realclearmarkets.com/

Daily compilation of various financial news and articles. Some of it drifts into politics, so I keep an eye on the source and author, but generally quite interesting.

 

[mrfeh]

Bogleheads wiki. If you have questions, the bogleheads forum.

But, I don't try to be "proactive" in the market.

 

[FLSUnFIRE]

I'm buy and hold index so don't need much information other than tax law impacts. That said, Yahoo started sending me their daily finance "morning brief," not sure if I inadvertently signed up but use Yahoo email. Anyway, I find it interesting and read it 2/3 of the time for entertainment but don't act based on any "experts."

 

[Exchme]

I wouldn't presume to give you advice on finding individual stocks to invest in as I know that's not the right path for me, I'm a passive indexer. I can't envision the world where I would get an edge over other investors by reading the same material everyone sees, that doesn't make sense to me. Nor does paying to read stock tips - if the writer could really pick the winners, they would do that and build an airstrip for their 757 to land on their private island, not be hawking newsletters.

I read to learn about finances in general.

Daily reads:

Here
Bogleheads.org
realclearmarkets.com

Monthly reads:

earlyretirementnow.com
scottgrannis.blogspot.com
kitces.com
thefinancebuff.com (an occasional contributor here)

 

[Markola]

Read any or all of Jack Bogle’s books. It will give you a firm, set it and forget it investing philosophy that has served many of us very well. Magazines and such mostly provide contradictory, faddish, confusing shiny objects that only make you trade frequently and lose money in the process.

 

[target2019]

Besides books, I've read many, many posts at Morningstar, Bogleheads and Early-Retirement.

Since we're 85% index and 15% other, I don't really need many ideas about proactive changes. Just browsing threads here, and maybe creating a few for discussion, I don't really need much support.

 

[Romer]

Thanks for the tips. I am a buy and hold kind of investor as well. My use for these are not to be a day trader or purchase more often, but to gauge how the market, is going, potential new areas to invest, general money management including watching tax, insurance and social security changes, etc.

Books are good for overall education, the difference is books don't keep you up to date on what is going on and things I may or may not be aware of. I do understand the news can lead you astray with an authors opinion as mis stating what a promising stock would be. The books were in the FAQ so I am starting to collect and read those. Education needs for me are the books for long term education to understand the markets and investment options and news/services to be current on information

I read early on Disney was about to buy Lucasfilm (Star Wars) and bought a lot of Disney at $33 which is part of the reason I am able to retire Maybe that was just plane luck, but an example of information you cant get in books

 

[Romer]

I am finding a lot of Educational Resources vis TD Ameritrade that I havent tapped as of yet. Apparently I get free newsletters from Morningstar and just have to sign up. I am assuming premium offers additional services or is this the majority of it?


Morningstar® FundInvestorSM
Identifies funds that have a sustainable, competitive advantage by scrutinizing strategies, management, stewardship, trading costs, and long-term performance.

Morningstar® StockInvestorSM
Seeks out companies with wide moats—established competitive advantages—and generous free cash flows, trading at discounts to their intrinsic values.

Morningstar® ETFInvestorSM
Scans the globe for value and improving fundamentals across virtually all asset classes to find reliable drivers of outperformance.

Morningstar® DividendInvestorSM
Seeks economically advantaged companies that consistently raise their dividends and grow fast enough to keep ahead of inflation.

 

[chassis]

Professional career experience
Formal education
Mentors and sounding boards (father in law and others)
Fidelity’s website and webinars
Bloomberg website
WSJ Website
Jurrien Timmer from Fidelity on Twitter and LinkedIn
Warren Buffett writings
Peter Lynch writings
Ray Dalio writings
Masters in Business podcast by Barry Ritholtz/Bloomberg
FIRE site
Bogleheads site
Portfoliovisualizer
FRED data warehouse/Federal Reserve Bank of St. Louis
I-orp
Firecalc
RPM spreadsheet
My own home grown spreadsheet

Morningstar, TRowe and Vanguard are saccharine and watery - useless in my experience. I have given them the benefit of the doubt and my answer on these remains: no bueno.

 

[Romer]

Found a bundle for WSJ and Barrons for $6/Month for 12 months so signed up for that

https://store.wsj.com/v2/US/US/1136...=Pg9aWOPT&Cp5dKJWb=Cp5dKJWb&APCc9OU1=APCc9OU1

I appreciate the tip./ Just what I was looking for

I already have been reading the bogleheads forum

I will look at the others after I take some time to read Barrons and WSJ

Doesnt sound like anyone as of yet is big on the Motley Fool

 

[kevink]

Along with the Bogleheads forums these resources have stood the test of time for me (in no particular order):

Rick Ferri's interviews on the Bogleheads podcasts.
Christine Benz at Morningstar for her regular writing and interviews on retirement.

Jonathan Clement's site and weekly emails: https://humbledollar.com

Darrow Kirkpatrick's thoughtful books, website and periodic emails:
https://www.caniretireyet.com

Mike Piper (THE "go to" guy on Social Security) for his invaluable newsletter and long track record of minimalist sanity:
https://obliviousinvestor.com

Portfolio Charts, which IMHO has over time become the single most useful site for portfolio research and updates on the web:
https://portfoliocharts.com

 

[OldShooter]

... What I am asking about is Magazines, Newspapers and web site services that have helped you and why you would recommend it ...

Well, my best sources of information are The Economist magazine (https://www.economist.com/) and this web site. I find bogleheads.org to be a little too frenetic, requiring more time than I care to devote.

... the Wall Street Journal ... not a good barometer ...

... help you be pro-active with the market.

As I read your posts, it is not clear to me what your objective is. What do you mean by "a good barometer?" By being "pro-active with the market?" It sounds like you are talking about market timing. Here is my go-to reference on that: Taylor Larimore's market timing quotes https://www.bogleheads.org/wiki/Taylor_Larimore's_market_timing_quotes

Re many of the sites and columns mentioned in this thread, it is the kind of material that I advise my Adult-Ed investing class students to actively avoid reading. My rationale is this:

First, the fact that an individual makes a living chasing clicks, selling magazines or newsletters, or even picking stocks for a mutual fund is prima facie evidence that the advice is no good. I see only two possibilities: (1) he or she doesn't have enough confidence in their advice to bet their financial future on it being right, or (2) they have tried that bet and know the advice to be worthless.

Second, if there are individuals who are really good, they will not be giving their expertise away for free or selling it for a pittance. Hence, if it exists at all, the knowledge is not available to other investors.
​

Here is a couple of decades of analysis on the success of professional stock pickers: S&P SPIVA gateway: https://www.spglobal.com/spdji/en/spiva/#/

Here is a couple of decades of analysis on the predictive value of prior results: S&P Persistence gateway: https://www.spglobal.com/spdji/en/indexology/core/persistence-scorecard/

 

[chassis]

Found a bundle for WSJ and Barrons for $6/Month for 12 months so signed up for that

https://store.wsj.com/v2/US/US/1136...=Pg9aWOPT&Cp5dKJWb=Cp5dKJWb&APCc9OU1=APCc9OU1

I appreciate the tip./ Just what I was looking for

I already have been reading the bogleheads forum

I will look at the others after I take some time to read Barrons and WSJ

Doesnt sound like anyone as of yet is big on the Motley Fool

Not a fan of Motley Fool, Morningstar or more generally anything that requires a subscription. Far more and far better learning is possible with freely available information.

 

[SnowballCamper]

Early on (about 2007) I found this collection of reading very informative: Reading Room

I found the readings at https://www.aacalc.com/about and https://www.i-orp.com/Plans/articles.html to be especially informative.

So, yes, I'm an index investor at this point, and https://www.bogleheads.org/wiki/Getting_started should be the goto source for related up to date information.

When I encounter some term that I'm not familiar with I head to https://www.investopedia.com

I think Bernstein's article is the best introduction for new investors: https://www.etf.com/docs/IfYouCan.pdf

So my sources aren't really for being pro-active with the market. I've learned that a passive approach is better for me (pick an AA, stick with it, and rebalance regularly).

 

[Romer]

As I read your posts, it is not clear to me what your objective is. What do you mean by "a good barometer?" By being "pro-active with the market?" It sounds like you are talking about market timing.

The barometer comment was that I hadn't read the WSJ in detail and with enough frequency to really judge it as a good recourse.

My objective is to be better informed to better manage my money. That may include getting information to modify my investments and to understand trends. Like I said I am mostly a buy and hold investor, but do buy occasionally and want to be informed.

Being an engineer I tend to like data and analyze things even if I don't execute on them. I enjoy research and understanding new things and figured since I will be soon retired, I could keep my brain digging into this area. That gives me something to do better understand the environment and make better informed decisions when I need or want to.

I hope that clarifies my objective. I understand it is more of a broad vs a specific objective

 

[OldShooter]

... I hope that clarifies my objective. I understand it is more of a broad vs a specific objective

Thanks. In that case, I'll redouble my recommendation to subscribe to The Economist over spending time on the chattering monkeys of the investment world. There are enough of those people that every possible recommendation is always being made.

​

 

[Romer]

Lots of great recommendations

I already had Bogleheads, I-ORP and of course this site

Signed up for WSJ and Barons and read through them. They seem worth while

Bookmarked The Economist and will read the free version and see if it is worth while before subscribing

The Bernstein article was a good read. I think I am past needing that, but a good refresher. Will send to the kids though

Looking through the rest of the recommendations

This site is awesome. I have gotten exactly what I asked for. Thank you to everyone

 

[target2019]

I have a free account at Morningstar. IMO this article is a good example of quality discussion.
https://www.morningstar.com/podcasts/the-long-view/141

I subscribe to the podcast also. On the web site you can't go wrong with the articles by Benz and Rekenthaler.

 

[Montecfo]

Found a bundle for WSJ and Barrons for $6/Month for 12 months so signed up for that

https://store.wsj.com/v2/US/US/1136...=Pg9aWOPT&Cp5dKJWb=Cp5dKJWb&APCc9OU1=APCc9OU1

I appreciate the tip./ Just what I was looking for

I already have been reading the bogleheads forum

I will look at the others after I take some time to read Barrons and WSJ

Doesnt sound like anyone as of yet is big on the Motley Fool

I think you have some good resources there. Look especially at the Barron's Roundtable issues as they come by.

Barron's also has a 20-30 minute weekly show on either CNBC or Fox Business. It's a thumbnail of the latest issue but nice to get such a concise report.

Also, the Wise Investor Group out of Reston, Virginia has twice weekly podcasts. They are very good and includearlet views, macro analysis, sentiment and ideas. I have listened to those for at least 30 years.

Good Investing!

 

[target2019]

Podcasts that present more than one financial opinion, like Morningstar's "The Long View".
link on Spotify: https://open.spotify.com/show/21UMpSDjAl7HzyQ0M0wvLw?si=b1da53ed7d5e4802