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Take the bull (market) by the horns
Let all that be a lesson to you. Life is too short, and social security is drying up fast. You've got to take your financial matters into your own hands before it's too late. Fortunately, the Net is here to help. Whether you're a novice investor or an accomplished stock-picker, you've got what you need online to assemble a portfolio that would make Peter Lynch smile. From in-depth articles on managing your 401K to real-time quotes to mutual fund ratings, it's all here. At first, the sheer volume of resources may seem daunting. The Web, in particular, is a hodgepodge of useful investment information and services mixed with shameless marketing ploys and outright scams. But don't let the Web's abundance get to you. With a little perseverance and some old-fashioned common sense, you can deal stocks, bonds, and futures with the best of them. On the Internet, in fact, mom and pop investors now have as much financial information at their fingertips as many professional money managers. Where else can you get Securities and Exchange Commission filings on your favorite companies, see detailed reports on the top mutual funds, and shoot the bull with other ordinary folks who share your desire for fun and profit? And, just like the pros, you can also make trades right from your computer. Got a feeling about a good stock buy while you're watching the evening news? No need to wait until the morning to phone in your order. Just log on, head to one of a growing number of electronic brokerages, and punch in 200 shares. Or, if you want some feedback on your idea before actually opening your wallet, mosey on over to a chat room or newsgroup for a little consultation. Whatever your investing goals, you're bound to find plenty of help online. So the next time that brother-in-law calls with some "great idea," you can tell him where to go. That's right, straight to ... the Net.
-- David Miller
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