Go to main Forum page »
As a younger reader not of traditional retirement age, I am interested in learning more about the financial subscriptions HD readers are willing (or would recommend to others) to pay for such as financial periodicals, journalism, software, etc. For example, I have enjoyed for years Wall Street Journal and some Bloomberg journalism. I didn’t find Kiplinger subscriptions to be of value to me. There have been some discussion threads that mentioned free retirement calculation software that I appreciated. If used regularly, is a Morningstar subscription worth it? I would love to learn more about your recommendations for financial knowledge and awareness.
From personal experience, there is no need to spend money on subscriptions “for financial knowledge and awareness,” because there is already more than enough free and high quality information available to keep an ordinary person fully occupied.
The free Morningstar website alone has tons of solid advice and analysis of the market any day. Paid subscription is better suited for active traders or people managing complex portfolios, not for passive index investors who lack interest or competence in portfolio analyses. Investment platforms from Fidelity, Charles Schwab, Vanguard have high quality information / research tools for investors without subscription.
And while the financial market can be overwhelming, communities like HumbleDollar and the Bogleheads on Reddit empower individual investors by providing a platform for authentic discussion and shared learning.
Expert discussions of the current financial matters are easy to find in the podcast world. I listen to Morningstar’s the Long View, Rational Reminder, Charles Schwab’s Financial Decoder, Goldman Sachs’ Exchanges, Bloomberg’s Odd Lots, Bloomberg’s Surveillance. The last 3 shows dive very deep – overwhelmingly deep – into the technical and macro markets.