If you’re interested in investing, then you’ve probably checked out a few different magazines on the topic. In today’s marketplace, there are plenty of different choices for investment magazines, and each of them have their own unique selling points. Forbes is a higher-end magazine for larger scale investors. Barron’s is a weekly publication with tons of statistics meant for professional investors and day traders. SmartMoney teaches a lot about retirement investment strategies and long-term growth. One of the easiest investment magazines to learn from, though, is Money Magazine.
Before you go out and purchase a Money magazine subscription, first ask yourself if you fit the target demographic for their advice. Just like you wouldn’t want to follow the advice in Forbes without having plenty of money to invest, you want to see if Money is a good fit for you. Money magazine is usually aimed at new or amateur investors, with less money to work with. Middle and lower class households looking to invest can also benefit from Money.
One example of advice to that target market is the list of Money Magazine Best Mutual Funds. Also known as the Money70, every year the magazine ranks the top mutual funds based on a number of criteria: Management, Performance, MorningStar Grades, and a minimum of $100mil in assets. If you’re familiar with investing, you’ll know that mutual funds are a great place for smaller investors to put their money, as there’s less risk and still a decent return.
If you fit the target market and you’re interested in learning about investing, a Money magazine subscription might be just right for you. Read each issue carefully, all of the articles, advice columns, and stock/mutual fund profiles. If you see a step-by-step type of article that you think would work well with your current investment strategies, try applying it. Just reading and learning all the information contained inside of an issue will help your knowledge of investing grow exponentially.