In today’s information age,
websites provide some of the most immediate and up to date information
available. This is particularly important to professionals in business and
finance due to the daily updates provided by stock exchanges around the world.
This information can be critical to these businesspeople, whom make long
lasting decisions regarding their businesses based on the data provided.
Therefore, websites can make all the difference to businesses, their employees
and their customers.
Yahoo Finance is an excellent
source of information for publicly traded companies. Yahoo Finance provides a
bevy of useful documents about these companies, particularly their financial
reports. One can find Income Statements, Balance Sheets, and Cash Flow Sheets
on Yahoo Finance quite easily, and laid out in an intuitive format. This makes
comparison between companies much easier and can help with investment
decisions. Yahoo Finance also provides current market data, as well as company
profiles, a list of major holders, insider transactions and competitors. This
aids in company transparency for the investor to make sound investment
decisions. Yahoo Finance is a resource that I plan on taking advantage of in
the future.
Bloomberg is another resource
that is particularly useful for the savvy investor. Bloomberg provides up to
date market coverage and analysis, as well as news that may affect different
markets. Bloomberg is not strictly limited to stocks. They provide information
on everything from currency exchange rates, technology, politics, and business
advice. All in all, Bloomberg is a resource that I will put to good use moving
forward in my career.
In summation, websites such
as Yahoo Finance and Bloomberg are incredibly powerful tools to smart
investors. In order to become a smart investor myself, it would be unwise to
not take advantage of such authoritative and easily available resources. Websites
only serve to become even more potent in the future as the Internet grows and
expands.
References
Bloomberg.com.
(2016, April 17). Retrieved April 17, 2016, from http://www.bloomberg.com/
Yahoo
Finance - Business Finance, Stock Market, Quotes, News. (2016, April 17).
Retrieved April 17, 2016, from http://finance.yahoo.com/
