Investment Tools

There are many investment tools that can help you make educated investments. Morningstar is an investment research firm that compiles and analyzes fund, stock, and general market data. They also provide an extensive line of internet and software products for individual investors, financial advisors, and institutional clients. Morningstar's comprehensive, one-page mutual and exchange-traded fund (ETF) reports are widely used by investors to determine the investment quality of more than 2,000 funds. Morningstar issues risk ratings for publicly traded mutual funds and exchange-traded funds (ETFs). Risk ratings, also known as Star Ratings, range from one to five, with one reserved for the lowest-performing funds and five for the highest-performing funds. These risk ratings can be useful tools for deciding which stocks to add or sell from your portfolio. Another useful website is The Motley Fool, which is an investment advice company. It employs analysts and experts across the country who are constantly combing the market for the best stock picks and investment ideas. The section "Investing Basics” is an extremely useful page for novice investors. The site also offers a premium option that provides subscribers with investing recommendations, stock research, and analysis. There are countless other useful websites and services available online to help you through your journey of investing.