Identifying New Investments

Before investing, you need to clearly state your financial goals and objectives, and know your risk-tolerance level. This information can help you determine your required rate of return. By doing this type of homework, you can determine which categories of financial assets you may want to consider investing in.

For example, if you’re selecting investments for your Individual Retirement Account (IRA), you don’t want to invest in tax-exempt municipal bonds (because being tax-exempt twice isn’t the best way to make use of tax exemptions).

Here are 13 unique ways and examples of online sources you can use for identifying new investment opportunities:

  1. Company profiles describe a firm’s organization, products, financial position, chief competitors, and executive management. Qwoter provides detailed public company Stock Profiles with real-time quotes, company information, and our exclusive Stock Spam reports.
  2. Direct purchase plans (DPPs) show how to purchase stock in a company without paying a broker’s commission.
  3. Directories of investor sources provide hard-to-find information that’s necessary for investment decision-making. Check out the Stock College and Service Directory.
  4. Dividend reinvestment plans (DRIPs) describe how to join dividend reinvestment programs to purchase company stock at a discount and without a broker.
  5. Initial public offerings (IPOs) are new opportunities for investor profits.
  6. Investing e-zines (electronic magazines) provide educational articles and pertinent facts for beginning and experienced investors.
  7. Mailing lists provide opinions and investors’ insights about investment candidates.
  8. News reports on the Net can provide information about new investment opportunities. Make sure to read through the Press Wire.
  9. Newsgroups are informal, online groups of individuals who share their ideas about a common interest. You can find dozens of investment-related newsgroups with topics ranging from specific types of investments to investor strategies. Browse through the Stock Market Forums for additional information.
  10. Online databases (free and fee-based repositories of information) provide historical stock prices, economic forecasts, and more.
  11. Search engines (specialized Internet programs that seek the data you desire) provide you with links to the Web pages that have the investor information you want. Not finding the information? Search for the Investment Information you need.
  12. Stock recommendations from professionals enable you to find out what brokers and analysts are saying about your investment selections. Featured Stocks are listed in the Qwoter Stock Profiles area.
  13. Mutual fund and stock screens for selecting specific securities enable you to sort through thousands of investment candidates in seconds to find not only the right investment but also the best investment available.
See also  Achieving Consistency in Stock Trading

* View the next investment advice for building your own stock market online information system:

>> Analyzing Investment Candidates

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