I routinely struggle with my savings and investments. Few months ago I found few excellent sources of information that have helped me in navigating maze of confusing financial statements. I would like to share these sites with whoever is reading this blog. I hope that you will also benefit. If you know of other sites, please feel free to share that information.
1. Grumpy old accountants - http://blogs.smeal.psu.edu/grumpyoldaccountants/ - I can’t stop praising this site. Professor Anthony H. Catanach, and Professor J. Edward Ketz do an excellent job of explaining nuances of financial statements. Check for series of blogs on groupon. Also look for a recent blog on intangible assets.
2. Seeking Alpha –http://seekingalpha.com - This site is actually a complete portal on financial information. You should subscribe to their newsletters. Check an excellent article on “Dividend paying companies” at http://seekingalpha.com/article/836971-not-all-dividends-are-worth-it?source=yahoo.
3. Old School Value - http://www.oldschoolvalue.com – This site, owned by Jae Jun, is another excellent source of education for newbie investors. His newsletters contain excellent implementable information. Jae Jun also provides several free stock evaluation spreadsheets. For more serious and professional investors it has an option of upgraded priced version of tools. Best section of this site is blog at http://www.oldschoolvalue.com/blog/. While you are at this site, look for blog on financial ratios.
This is all for today. I will share more on what I learnt through next few blogs. Till then, ciao!
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