When any of us go browsing searching for investment resources, there’s a humiliation of riches. There’s also a bunch of nonsense. Accessing reliable information is a necessity if you need to invest properly and maximize your returns. Whether you’re a novice or an experienced investor, finding the appropriate tools and resources is critical to creating informed decisions and achieving long-term investing success.
The challenge is to know methods to separate the nice information from the bad, the vetted from the unvetted, and the reality from the lies. For those looking to reinforce their knowledge and gain access to reliable investment information, BetterInvesting® claims to supply solutions.
What’s BetterInvesting?
BetterInvesting® is a financial education site where individual investors, each latest and seasoned, can develop into members to study investing and gain access to detailed details about specific stocks and growth firms. The National Association of Investors™ (NAIC), a national 501(c)(3) nonprofit organization, is the parent organization of BetterInvesting®. It was established in 1940 by Fred Russell and his friends, who organized The Mutual Investment Club of Detroit. To learn more in regards to the NAIC, take a look at Investopedia’s review of the organization.
Initially, their goal was to study investing and construct wealth for themselves. Over time, their mission evolved to cater to the financial needs of unusual individuals who may require guidance to take a position their money effectively. Today, the National Association provides educational resources and tools to empower investors to make informed decisions.
BetterInvesting® is devoted to teaching its members foundational investment principles, including the concept of investing recurrently, the importance of reinvesting all earnings, and the advantages of diversifying one’s portfolio. This deal with long-term investing principles helps members avoid common pitfalls and develop successful investment habits.
Pro Tip:
BetterInvesting® is a novel financial education membership site that gives a ton of useful resources to members. Click here to start in your membership today!
The BetterInvesting® Method
The BetterInvesting® Method relies on 4 principles designed to guide members in making sound investment decisions:
- Invest Commonly: This principle emphasizes the importance of committing a set amount to take a position, no matter market conditions. This approach, often known as dollar-cost averaging, helps investors maintain a lower average cost per share of stock over time, mitigating the impact of market fluctuations.
- Reinvest All Earnings: Reinvesting dividends and capital gains is crucial for leveraging the facility of compounding. By reinvesting, members can speed up their investment growth over the long run.
- Spend money on High-Quality Growth Corporations: This principle encourages members to deal with firms which have demonstrated consistent earnings growth over time. BetterInvesting® provides tools and resources to assist members discover and evaluate these growth firms.
- Diversify Your Portfolio: Diversification across different firms, industries, and asset classes reduces risk and helps protect the portfolio from significant losses if one investment performs poorly.
These principles function the inspiration of the BetterInvesting® approach, providing a framework that reduces the likelihood of major losses and helps members avoid rookie mistakes.
Features
BetterInvesting® offers a variety of features designed to teach individual investors and support their investment decisions. Depending on the membership level, users can access various tools, publications, and learning resources:
Stock Selection
The Stock Selection Guide is BetterInvesting’s flagship tool, designed to assist members analyze and compare stocks. The SSG includes a proof of the BetterInvesting Method, stock reporting, and comparisons to key benchmarks. There are two versions available: CoreSSG and SSGPlus. Members with an Individual Core Membership get access to CoreSSG, while those with a Plus membership can use the more advanced SSGPlus.
Stock Comparison
This online investing tool is especially useful for members who need to make side-by-side comparisons of stocks inside a selected industry or on their watchlist. Core members can compare stocks to 25 benchmarks, while Plus members can select from 46 benchmarks.
Screening
With BetterInvesting’s Screening tool, it’s easy to check potential investments against firms within the Morningstar database. For those who want more information, take a look at our review of Morningstar.
There are 13 criteria in total, including 6 you’ll be able to access with the Core membership and a further 7 with the Plus membership.
Stock Reports
First Cut Stock Reports provide members with initial stock studies created by other members. These reports allow investors to guage stocks and make decisions based on insights gathered from their peers. This collaborative approach supports informed decision-making.
Pro Tip:
BetterInvesting® is a novel financial education membership site that gives a ton of useful resources to members. Click here to start in your membership today!
Courses
BetterInvesting® offers a variety of online courses and workshops covering topics equivalent to stock selection, portfolio management, and long-term investing strategies. Members can learn at their very own pace through pre-recorded sessions or attend live webinars for interactive learning.
Magazine
All members of BetterInvesting get a subscription to BetterInvesting Magazine, which is on the market in each digital and print formats.
Every member receives a subscription to BetterInvesting® Magazine, available in each digital and print formats. The magazine offers precious insights, investment strategies, and education from experienced professionals, including Chartered Financial Analysts® (CFAs) and Certified Financial Planners® (CFPs).
Library
With over 100 educational videos within the library, members can explore various topics starting from basic investment principles to advanced stock evaluation techniques. The Video Learning Library is a precious resource for individuals who prefer visual learning.
Clubs
Certainly one of the things that really sets BetterInvesting aside from other investment education sites is their investment clubs. Here’s what BetterInvesting says about investment clubs.
“A stock investment club is made up of a bunch of people that come together to learn methods to spend money on the stock of excellent quality firms, pool small amounts of cash to construct a profitable stock portfolio, and apply that learning to their personal stock investments.“
We should always note here that some SEC regulations may apply to investment clubs.
Any paying member can start or join an investment club. You may watch a free video about investment clubs here.
Pro Tip:
BetterInvesting® is a novel financial education membership site that gives a ton of useful resources to members. Click here to start in your membership today!
Membership Cost
BetterInvesting® offers two tiers of individual memberships, each providing a comprehensive set of features and resources for members to construct their investment knowledge and skills:
Individual Core Membership
The Individual Core Membership costs $10 per thirty days, billed annually for a complete of $120. It includes access to over 80 educational videos, archived webinars, the Core Stock Selection Guide (CoreSSG), the Online Stock Comparison Guide (CoreSCG), and more. Members also receive a subscription to BetterInvesting® Magazine and access to investment clubs. For many who select a multi-year membership, discounts can be found.
Individual Plus Membership
The Individual Plus Membership costs $12.08 per thirty days, billed annually for a complete of $145. This level includes all the advantages of the Core Membership, plus additional features equivalent to full access to greater than 100 educational videos, the advanced SSGPlus, comparison to 46 key benchmarks using SCGPlus, and more. It is right for those trying to dive deeper into stock evaluation and long-term investing strategies. Multi-year discounts are also available for this membership.
Conclusion
BetterInvesting® is a comprehensive financial education membership site that gives precious resources to individual investors. With a history dating back to 1940, it has develop into a trusted platform for those in search of to study investing, construct wealth, and take part in investment clubs.
The investment clubs, long-term investing principles, and extensive educational resources set BetterInvesting® aside from other platforms. Whether you’re a beginner trying to understand the fundamentals or an experienced investor in search of advanced tools, BetterInvesting® offers something for everybody.
For as little as $10 per thirty days, you’ll be able to join an investment club, gain access to educational resources, and begin constructing a profitable stock portfolio. Explore the world of investing with BetterInvesting® and take step one toward achieving your financial goals today!
Turn out to be a BetterInvesting member today!