Have you ever wondered why the corporate media seems to have a great fascination with finance stories during the day on a Saturday afternoon? Have you ever wondered why the newspaper you are reading does not seem to have anything on finance related articles any more? It’s quite simple actually. The corporate media has become utterly dependent on advertising revenue to pay their wages and salaries and it is now impossible for them to do without that revenue. Therefore, if there are stories that talk about the latest stock market crash or the subprime mortgage fiasco they have to have some sort of financing because if they don’t the newspapers and magazines will go out of business. But you may ask; so why isn’t there a lot of talk about finance news during the week when most of the people are working and earning their income from a full time job?
The answer is simple really. Most of the folks who are in the financial markets either don’t have time to read right through an entire report on any particular issue or if they do they just can’t make it through the short portions that deal with that one issue. Thus, what they see on the television and read in the newspapers are the short bits and pieces that give them the gist of the story or report. In other words, the people who work in the corporate finance departments at the major publications are basically just sales people who essentially sell products and services to people twenty-four hours a day.
Now then, one might suppose that perhaps it would be more helpful if there was more reporting on personal finance, but since there is very little room to discuss personal finance in a one page article it simply isn’t done. That is where the kiplinger rating comes into play though. The kiplinger rating is simply a numbers game in that it is a rating of the performance of a particular stock over a period of time based on certain key inputs. So if you want to understand how to analyze and interpret the data and figures associated with the stock that is being reviewed, then you should definitely keep your eyes on the kiplinger rating and try to get a good grasp on how that particular stock is performing.
Now then, as far as I am concerned, one of the best resources for getting up to speed on personal finance and fintech is actually your own local newspaper. In fact, I often times see people who are frustrated at their own lack of knowledge make a huge mistake by relying solely on the personal finance section of their newspaper. Remember, the people who report on these issues in the newspapers are often former journalists and they should have developed a thorough understanding about personal finance and fintech just like everyone else. Still, if you rely on the local newspaper for your information then you may as well assume that you will be getting up to speed on all the latest issues in the field. After all, you read it every single day anyway.
However, since this is not likely to happen, the best resource for getting up to speed on various sectors and topics related to personal finance news is going to be a well respected online portal that has been around for quite some time now. This is the ultimate advantage that a website can provide for its users, including those who are still new to the online world. The thing about these websites is that they provide an online platform for members to interact with each other in a more advanced manner. Plus, most of the financial portals also have an expert team of experts that regularly updates the readers with the latest news.
So now you know what to look for when it comes to personal finance news. It is important that you understand the basics of personal finance because after all, you will need to apply the knowledge to your own finances and investments. Also remember that even if you do find something interesting or newsworthy about personal finance, you should make sure that you compare it with other resources because there are bound to be similarities. Keep in mind that a good and reliable finance news site will give you the information that you need at a very low cost.
A business blogger with a flair for entrepreneurship. If you are looking for help and advice to take your business to the next level then join us for the ride.