Best Investment Advice Websites – Top 8 Picks for Every Type of Investing
Figuring out the best way to invest your money can be challenging. Thankfully, plenty of investment advice or stock advisor websites can help you determine what to invest in.
Different investment advice sites can cover everything from basic portfolio building to advanced strategies for beating the stock market. In this guide, we’ll help you find the best investment advice websites so you can successfully fulfill your investing goals and build your own investment portfolio.
What Is an Investment Advice Website?
An investment advice website is a site or online platform that helps you choose what to invest your money in. It acts as a financial advisor.
While this is a wide-ranging term, what all investment advice websites have in common is that they offer practical tools, guidance, and financial news to help you make decisions. Everything from personal finance websites to stock advisors, stock picking newsletters, and research services can be considered investment websites.
What Type of Investment Advice Are You Looking For?
There are thousands of different investment sites available online. To decide what site is best for your needs, first determine your investing goals. For example, suppose you want to build a long-term portfolio to invest for retirement. In that case, you’ll need investing ideas different from someone who wants to actively trade stocks, mutual funds, or get into cryptocurrency trading.
So, consider aspects like your time horizon for investment in individual stocks, what types of assets you want to invest in, and if you wish to beat or simply match the broader market. It’s also essential to think about how much time and effort you want to invest.
Some investment advice sites are designed for investors who only check the market a few times a month, while others are intended for investors who are constantly watching price movements.
Best Investment Advice Websites
With all that in mind, let’s look at the 8 top investment advice websites available today. We’ve broken the best advice websites down into categories so you can easily find the platform that’s right for your investing style and goals.
Best for Stock Picks: Motley Fool Stock Advisor
The Motley Fool Stock Advisor is one of the most straightforward and best-performing stock picking services. This newsletter service focuses on volatile growth stocks, with an eye for young companies with a massive potential market – past Motley Fool Stock picks include companies like Amazon and Netflix.
The service issues two stock picks per month, and most investments have a time horizon of several years or longer. So, it doesn’t take very much work to keep up with the Stock Advisor newsletter. In addition, the service costs $99 per year, which is surprisingly inexpensive. You can read our full Stock Advisor review here or sign up for the services mentioned below.
Claim Your New Member Discount at The Motley FoolBest for In-depth Research: Zacks
Zacks is the perfect platform for self-motivated investors who want to do their research. This service rates stocks based on their value, growth, and momentum attribute and sorts them into ratings from 1 (strong buy) to 5 (strong sell).
A professional analyst has looked at every best stock that Zacks covers, but the service leaves it up to you to decide what to invest in and build your portfolio. Also, you prepare your research reports yourself.
However, you can get some of Zacks’ stock and equity research reports for free, but you’ll need a Premium subscription ($249 per year) to unlock all of the platform’s ratings.
Get A Free Report When You Sign UpBest for Basic Research: Yahoo! Finance
Yahoo! Finance is a beneficial tool for investors searching for fundamental data, basic charts, and other simple devices for stock analysis. In addition, the platform offers watchlists, investing strategies, a stock screener, and market news. So it’s a one-stop platform for any investor looking for a daily overview of the market.
Most of Yahoo! Finance is free to access, but the platform does put a few valuable items behind a paywall. Specifically, you’ll need a Premium subscription ($34.99 per month) to view fair value estimates, company outlook write-ups, stock recommendations, and professional investment ideas.
Click Here To Get StartedBest for Mutual Fund Research: Morningstar
Morningstar is an investment advice platform built for ETF and mutual fund investors. The platform has a database of tens of thousands of funds with a simple star-based rating system to help you find the best investments. It also has a comprehensive fund screener, analyst recommendations, and lists of top-performing funds.
You can access much of Morningstar’s investment research for free. However, you’ll need a Morning Premium membership ($29.95 per month) to access some fund ratings and analysis.
Click Here To Get StartedBest for Dividend Stock Research: Dividend.com
Dividend.com is the best resource for investors who want to create a diversified portfolio of income stocks. The platform sorts dividend stocks in various ways, so you can easily find stock ideas that payout for every month of the year or offer a combination of dividend payouts and price appreciation.
This site is also beneficial for tracking dividend announcements and yield changes. If you’re looking for a few specific dividend stocks to add to your portfolio, it has a screener.
Many of Dividend.com’s tools are free to use. A Premium subscription ($149 per year) unlocks additional payout data and ‘best of’ lists.
Click Here To Get StartedBest for Personal Finance Advice: Wise Bread
Wise Bread is a personal finance website with a broad mandate. It offers everything from investing and banking advice to credit card reviews to tips on cutting down household expenses. This site is excellent if you’re looking for a new bank account or want to learn more about the big picture behind retirement investing. The best part is that all content on Wise Bread is entirely free to read.
Click Here To Get StartedBest for Investment Education: Investopedia
Investopedia is, as the name suggests, an encyclopedia for investors. The site offers in-depth articles on investing topics ranging from the common – like how to build a portfolio – to the ultra-niche – like how to analyze candlestick patterns.
Most articles are written with beginners in mind, which makes Investopedia an excellent resource for first-time investors. Plus, there are crash courses that you can work through if you’re entirely new to investing.
Investopedia’s educational resources are entirely free, giving you unlimited access.
Click Here To Get StartedBest for Real Estate Investments: PropStream
PropStream is an advanced platform designed specifically for real estate investors. The site has tools to find properties within your target market and sector, build watchlists and research profiles, and analyze potential profit and loss on your property investments.
PropStream also offers access to county-level sales data and a powerful screener to help you find potential investments. PropStream starts at $99 per month, with add-ons available to automate your watchlist.
Click Here To Get StartedOther investing sites offering stock advisor services include Stock Rover, Seeking Alpha, Starter Stocks, The Maley Report, Trade Ideas, etc.
Conclusion: Investment Advice Websites
Finding the best investment advice website can help you build a more profitable portfolio and give you access to the tools you need to succeed in the market. There are investment advisory services for almost every type of investor, so be sure to look around for a platform that’s built with your needs in mind.