Finance Magazines – What you Must Read
In the past, I have insisted on the role of reading for traders and investors. I have stated clearly that for one to succeed in either of the two, he needs to be ready to read. I have also stated very clearly that the best investors are known to be some of the most avid readers in the world. The reason behind this is simple. If you are to do something for a living, then you must try your best to have fun doing it. Today, there are many materials for you to read. There are finance magazines, blogs, newsletters, and books among others. In this article, I will focus on the best finance magazines that you should indulge in as a trader.
#1 – Bloomberg Businessweek & Bloomberg Markets
These are two different finance magazines from Bloomberg LLC. The magazines have different contents are released in different intervals. As the name suggests, Bloomberg Businessweek is released on a weekly basis while Markets is released on a monthly basis. The reason I love the two magazines is because of two things. One, the quality of content is really solid. The authors do their homework to ensure their stories are not only fun but also accurate. Second, the magazines have very few ads. Just like you, I buy finance magazines to read content, not to view adverts in each and every page. If you don’t feel like spending money on the magazines, most of the contents of the finance magazines can be found in the company’s website for free.
#2 – Forbes
Forbes is a leading magazine famous for its rankings. The magazine provides an annual ranking of the richest people in the world. Also, the magazine features a number of insightful articles that traders and investors can use to improve their trades. One of the most famous writer of the magazine is Ken Fisher who runs Fisher Asset Management which has more than $70 billion in assets under management. For more than 30 years, he has faithfully written for Forbes with a very clean track record. The only reason I don’t like Forbes is on the number of adverts in their magazine.
#3 – Institutional Investor
Though this magazine is targeted towards the institutional investors and large fund managers, small traders can learn a lot from it. Institutional Investor’s Alpha magazine provides insights in the asset management field. On a monthly basis, the magazine provides deep insights in asset management field where they look at pension funds, hedge funds, mutual funds, and private equity funds among others. Also, the magazine is known to produce some of the most accurate financial writers who will provide useful insights for your trading.
#4 – Fortune
Fortune is not necessarily a finance magazine but I like it. It covers different areas such as entrepreneurship, finance, economics, and other related fields. The magazine is also known for its rankings of the biggest companies in the United States. The Fortune 5000 list covers the biggest companies in the world. In between the content, the magazine features insightful writings from experienced writers. The reason I love Fortune is that it features intelligent articles, its high quality rankings, and its reputation of close to 100 years.
#5 – Economist
Economist is a British weekly finance magazine that focuses on a number of issues such as the economy, business, and politics. The magazine features well-written articles on various topics. It was established in 1843 meaning it has survived major periods including the World War and other global events. The magazine is quite short (which is good for a weekly magazine). It also provides a lot of insights in various geographies that investors should know about.
If you don’t have a budget for finance magazine subscription, then you should not do it. Instead, you should look at the websites of all the magazines mentioned above. In many cases, finance magazines provides this content in their website for free. Also, you should only read these magazines during your free time. Where opinions are given, you should take them with a grain of salt. This means you should never make your investment decision just because a writer said so.