Smart Money

PUBLISHED : Monday, 30 May, 2011, 12:00am
UPDATED : Monday, 30 May, 2011, 12:00am


Some helpful investing resources:

This site has sharp news and commentary on Asian investment banking, with comprehensive summaries of new deals. If you want to read about deals in the kind of language and analysis the professionals use, the website of Finance Asia is a great place to turn.

It is particularly helpful when describing pricing of new deals - investors can get a sense of why a bond or an IPO was priced at a given level and whether this will be supported in trading.

The Accidental Theorist

Princeton professor and columnist for The New York Times, Paul Krugman, won a Nobel Prize for economics. He is at his most accessible in this book, which explains abstractions like money supply and Keynes' General Theory of Employment, Interest and Money in highly understandable terms.

For those who want get a general understanding of how, for example, monetary policy interacts with bond prices, this book is ideal.

Yahoo Finance is one of the great free resources available to personal investors. It has basic news and analysis, stock quotes, plus easy-to-use portfolio software that tracks the value of investments of an individual portfolio, and stock alerts, which alert an investor when a stock rises or falls by a predetermined level - and much more.

The negatives are that the site is very US-centric and that it is so comprehensive that an investor might be lulled into thinking he can do professional trading armed with this service alone.