It would be difficult to dial Warren Buffett (although his books are fonts of wisdom). If the phone isn’t a solution, the browser can be. The World Wide Web, like other things, is choc-a-bloc with money pundits. A lot of them are streaming via video on sites like YouTube. And thanks to YouTube, sometimes it’s better to sit back and listen when you want to learn to invest money.
Bear in mind that I am no financial guru myself. Also, the nitty gritty of investment differs with each country and its economic climate. These sites lean towards the U.S., although some of the basics behind “˜smart money’ are the same everywhere.
So, if you have a vested interest in saving up a nest egg, click on these ten YouTube channels and learn to invest money.
eHow spells simple knowhow. The finance channel is a part of their network that dishes out practical money advice. You can check out playlists like Personal Finance Tips, Investment Facts, Beginner Investing etc which should put you on the learning path along with the nearly 90 playlists on view. That means lots of videos and lots of free financial coaching.
The financial channel on YouTube is courtesy of an investment advisory firm called Merriman. You can get an overview of the web resources they provide for investment education. All videos are collated on the YouTube channel. You can let Paul Merriman tell you about fine tuning your asset allocation or if it’s OK to pay off your student loans and start investing right away.
This channel is actually a video counterpart of the book “˜Saving and Investing’ by Michael Fischer. The videos are an introduction to the concepts in the book. The book is well rated on Amazon, so the advice seems to be on the right key. Get the list of topics covered by the videos on the book’s website. For instance, understanding the time value of money is extremely important for sound investing.
Smart investment advice from money wise experts. You have 296 videos for financial guidance on your savings, investing, career, real estate, and retirement. You can save with a 20 year mortgage or learn how to beat big bank fees. The channel is a joint effort of the CBS news network and BNET.com.
If you are looking for low cost ways to live your life and save money in the bargain, look at the video advice dished out at MoneyTalkNews. Self learn personal finance and money strategies by watching videos like how to create a budget or investing versus paying off credit card debt. You also strike gold from videos like ““ “˜Are Used Police Cars a Steal’ or “˜Who do You Tip and How Much’.
The videos are not only about money but also about the simple things that help to add up the pennies into major dollars.
Morning Star’s YouTube financial channel is more for the intermediate user who knows the basics of investing. You can go in-depth with video advice on stocks, mutual funds, estate planning, ETFs etc. Morning Star brings market data and financial analysis from nearly 20 countries.
If you know your bulls from your bears, then this video channel is another good financial aid. The videos give you insight into the stock markets with news picks from the trading markets. Behind it all is the Wall Street investment firm – Zacks Investment Research.
The nearly 200 YouTube videos on this personal finance video channel are brought to you by the personal finance magazine based in Washington, D.C. Learn the five steps to marriage and money bliss or the financial checklist if you are in your 20’s. The videos are not updated that frequently, but as a collection it’s worth a go through.
Bloomberg makes up one third of the $16 billion global financial data market. So says Wikipedia. So their YouTube news channel is serious stuff indeed. One thing is for sure – the videos are on top of the current market happenings. And if you don’t get Bloomberg broadcasts in your region, the YouTube videos are a make-do.
For personal finance, check out the Bloomberg: Your Money playlist. You get the full range: from buying a home to greening it and saving money to tips on buying a foreclosed property.
Cambridge Credit Counseling Corp does a lot of vlogging on debt, managing debt, and getting out of debt. Since debt and savings are companions, you can check out their series of nearly 200 videos on everything from how to save money around the house to finding out if your car is worth less than you owe.
There are lots of other finance tips that are scattered around on YouTube. They may not be part of a specific channel but they are noteworthy. But don’t always take the videos word as godly. Cross check if the advice is a fit for the current economic climate. All financial advices on YouTube may not be from licensed financial advisors (but they may be knowledgeable).
For instance, the Bremner, Bird and Fortune guys: check out the video below if you still don’t get how markets work.
Image Credit : HikingArtist.com