This month’s issue features our Best of Web Guide, which starts here. In putting it together, we looked closely at both websites we included last year and websites we excluded. Though often the best websites stayed on top of their game, there were instances when another website was more worthy of inclusion. For example, in the investing videos section, we added Bloomberg and removed Yahoo! Finance.
In some cases, the decision about what to exclude was made for us. In particular, Dow Jones shut down SmartMoney.com earlier this year. SmartMoney.com was one of our favorite websites, listed in many of our Web guide’s categories, and we were sad to see it go. What looks good to the user or the consumer may not always mesh to a company’s financial and strategic goals—something to consider when analyzing the business model of a stock you are considering for purchase.
The guide also contains lists of the websites and online tools that John Bajkowski, Wayne Thorp, Joe Lan and I personally use. I kept my list to the (mostly free) websites I use for stock analysis. The truth of the matter, however, is that I could have written a much longer and more extensive list of online resources that I use with regularity. I’ll share one of them with you now: Google Docs (docs.google.com).
I’ve been increasingly making use of Google Docs, particularly its spreadsheet, over the past two years. I use this online tool to keep track of news items pertaining to the stocks I follow. I like Google Docs not only because I can access it on any Internet-enabled device, but also because I can copy and paste information and URLs from the articles I read.
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