A few weeks ago, one of you asked me to answer a question that would have been so easy for me to avoid. I was asked if I would be willing to answer the question on the Yahoo Finance website, and all I could think of was a quick and dirty answer. But the question itself was a very deep and challenging one.
Yahoo finance is a great source of information for people looking for financial advice. But it’s also a great source of misinformation to people looking for financial advice because there are a lot of people on the site who are just looking for quick and dirty answers to their questions.
When I was on the site, I was asked for my opinion on a number of topics. I’m no expert in finance, but I do believe that there are ways to cut through the clutter on the finance websites and get the most accurate information possible. There are plenty of legitimate questions here, and the site is certainly not the best place for them.
The first thing is to ask yourself what kind of question you are asking. If you are asking someone for a quick financial check, you might be looking for some sort of cash or a loan. If you are asking for advice on investing, you might be looking for a way to buy or sell a stock, or some sort of financial planning. If you are asking if a particular company is a good investment, you might be asking how to find the best (or worst) company to invest in.
Yahoo Finance has been around since 1998. Even though there are now dozens of more popular sites out there, you can still ask Yahoo for financial advice. Yahoo Finance is one of those sites that have that old-school feel because they are still in their early days, yet have grown in leaps and bounds. They have a lot of good information about stocks, bonds, ETFs, mutual funds, and other securities.
Yahoo Finance takes a more general approach to finance and focuses on stocks and mutual funds. Yahoo Finance is a great source for financial news, but it’s the investors that make it worth your time. Yahoo Finance has an excellent reputation for being honest and fair, and this reputation is why it is one of the best financial sites for investing. If you want to know what’s going on with your stocks, you’re going to want to check Yahoo Finance.
Yahoo Finance is not just a good source for news, it has its own news team, an investor community, and a very active Twitter (which leads to the famous, but very short, “TheYahoo” quote). You can take a look at Yahoo Finance’s portfolio here and get an idea of how their holdings stack up to other major U.S. stocks.
Yahoo Finance has a reputation for being one of the most active on the internet, and it’s no surprise that a lot of money is being lost to them, but it’s also no surprise that they aren’t seeing much of a profit from it. This isn’t a secret that their stock price has been declining for a few months now. They have a good reputation for being able to find ways to make money off their stock which they are very good at.
Its not too surprising though because Yahoo Finance is only one of a number of websites that have been losing money in the past year. According to Reuters, the company reported net income of $3.8 billion in the third quarter of 2010, or $1.6 per share. Meanwhile, Yahoo’s investors were only able to make $2.5 billion back in the same period.
Yahoo’s investors are probably wondering why the company seems to be taking their losses so hard. The reason is that they do not actually earn a whole lot of money from their stock. That means their investors are not only losing money, but they are also losing on a regular basis. In other words, they are being taxed on a regular basis which makes getting back their money hard.