My dad manages billions of dollars in his current portfolio.
If you'd like, I'll ask him for some good business sites that I'll go ahead and post here.
He's a Vice President at General Electric and deals with stocks all the time. He's been in the real estate markets as well (bonds, mortgages etc). He has the management aspect as he travels the world managing his portfolio.
I recommend reading "The Big Short", by Michael Lewis
(link to book:
http://www.amazon.com/Big-Short-Inside- ... 0393338827 )
That book is VERY technically orientated with business terms in constant use. It is a book about credit default swaps, mortgages, bonds, the fall of the housing market & all about how ethics & businesses played a major role.
My dad will retire soon (probs) and he wants to be a teacher of sorts. Is paying a monthly fee something you'd be interested in doing if he did financial classes online?
-- Sat Jan 05, 2013 6:10 pm --
http://www.weseed.com/
^That has a fake stock market that you can use to learn about stocks by actually making investments that won't affect your real cash/real life.
You can also find a lot of documents & information regarding stock markets.
This next one is another stock market simulator. The next one actually only has 10 companies available in the stock market, but keeps it simple so you can learn/advance your knowledge of the core art of mastering the stock market.
http://www.fakonomy.com
Investopedia also has a simulator. You start with $100,000 to practice (the $$ is virtual, and cannot be used in real life).
http://www.investopedia.com/simulator/#axzz2H92HSdB4<br /><br />-- Sat Jan 05, 2013 6:31 pm --<br /><br />Lastly, I would check out
http://www.bloomberg.com
This one is the #1 site that my dad recommends.
Now, it costs around $2,000 per month for the full analytical tools, so do not subscribe.
Just use their free tools & info.
News is all technically orientated and is not for the average reader. It's solely for executives and business orientated people.
The guy who made Bloomberg is a multimillionaire by the way (because of his business expertise & Bloomberg) so I'd say it's a good site to go to
🙂