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Stock Market News Impacts You - Mike Swanson (08/01/09)

Submitted by Mike Swanson on Sat, 2009-08-01 07:20.

For many years, the Wall Street Journal was considered the source for stock market news. Today, however, stock market news can be found in many ways.

Do not be mislead, the Wall Street Journal is still in publication. It is comprehensive in its coverage of the markets. It is also a great source of information for investors. You may also find listings for the market in your local newspaper. You should know that there are more sources of news on the market today than just in print.

News on the market can be found on radio and cable television. Many of the news channels will show a ticker of the market several times daily, until they show the final for the day. In addition, you will find shows that are dedicated to money, the 50 hottest stocks, and market news.

If you need immediate news on the market at your fingertips, turn to the internet. The internet gives you information about the market that is just like being on Wall Street. Prices are updated instantaneously. In addition to the American markets, you can also follow international markets.

Perhaps you think the market does not affect you. Think again. The prices in the market will determine your cost of living. If you have money tied up in a 401K or an IRA, chances are that your money is directly tied to the stock market, if you are lucky you own some of the hot China stocks. The growth of those funds only happens when the market is increasing.

Persons losing their jobs due to the current economic conditions have learned this lesson the hard way. Since they no longer work for the company, they must cash our or roll over their 401k. A retirement fund that was at one hundred thousand dollars two years ago may be worth less than seventy thousand dollars today. Money that you had deducted from your checking account was invested in a mutual fund. This fund buys shares of different stocks to invest your money.

Follow the stock market news to make wise investments. Check out our free stock trading guide.

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Hello. My name is Mike Swanson. I’m the best-selling author of the book Strategic Stock Trading. In a former life I used to run a hedge fund from 2003 to 2006 that generated a return of over 78% during that time frame. In fact it was ranked in the top 35 out of 5,000 hedge funds in 2005.

After I retired from the hedge fund world I setup this website and blog. If you sign up for my free weekly email list below I’ll send you an update on average about once a week on my views of the current stock market trends and share with you actionable investment ideas.

Now I cannot promise you that every stock I find will go up in value. I can’t promise you endless 100% returns as others claim they do and as all the disclaimers say past performance does not necessarily predict future performance and you can lose all of your money in the stock market.

This is reality.

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So join my list below and let me help guide you on your journey in the stock market.