Are sites like Motley Fool worth it to get advice on stock investing?

Question

I am new to stock investing and want to try and find some good advice in purchasing stocks. And yes I understand the basics but how do you find some good stock picks? I am not looking to make huge $$$ overnight but invest for the future.

Answer 1

Yes.  Motley Fool is a good resource.  Also check Yahoo finance.  You might want to pick some big name companies and track them.  Look for trends.  Look at quarterly reports.  Then when you are ready, invest.  Watch for questionable mergers which will affect stock values.  It's all a guess and you do your best to make an informed decision.  

Answer 2

No.

Answer 3

Motley Fool is as good as any other site that touts investments,

But if you were to ask 10 analysts their opinion about given stocks you would get 15 different answers, Analysts do not have outstanding records when it comes to selecting investments,

Most sites have to speak in generalities, and can not give specific advice to investors.  It would be in your best interest to learn for yourself about selecting investments, then you can select what suits your needs.

Here's some sites that you should at least review to see if you can find something that fits your needs

http://moneycentral.msn.com/home.asp

http://finance.yahoo.com/

http://www.investors.com/?tn=top

http://investorshub.advfn.com/default.as...

http://www.brokerage101.com/

http://www.1source4stocks.com/

http://stockcharts.com/

http://www.grahaminvestor.com/

http://www.morningstar.com/

http://www.dividenddetective.com/

Answer 4

Yes, I use the fool site quite often.  I have not purchased any of their packages though.