Family? Friends? Bloggers? Gurus? Books? Message boards? Newsletters? Financial planners?
If you listen, there is a myriad of voices telling you what to do–often offering conflicting advice. Where do you get yours? How do you process it?
My favorite source is other bloggers. For example, if I want reviews of certain books or reflections on gurus, all I have to do is run a search in my Google Reader. I can often find several bloggers who’ve tackled the same subject but offered different perspectives. It hit me this morning (at least I think that’s what hit me, I kind of forgot in the meantime) how many different sources there are even for evaluating the sources I listed above–like gurus and books and bloggers and professionals.
One great place if you’re interested in books is The Simple Dollar. Trent just completed 52 books in 52 weeks and he’s still going strong. Here’s a link to his overall review of the bottom 42 books. The review has links to each book’s post. I guess the top ten are coming later. [Edit: Here’s the post on the top ten. Trent also responded to this post here about his sources of financial advice.]
Raymond at Money Blue Book warns against finance message boards, particularly if you’re new at this. You need to watch out for “pump and dump” schemes or simple bad advice. Good advice there, message boards are fun, but they’re also a free-for-all. At least with a blogger you’ve got some history.
While I don’t quite see the point of having a $200 subscription to a newsletter which essentially tells me to buy and hold, Silicone Valley Blogger (The Digerati Life) finds hers inspiring and useful. More power to her.
I would write more about what I do and like but my brain is trying to crawl out through my ear. I don’t know what that means either, but it hurts.
So tell me, what’s your favorite source? Do you like hearing a hodge-podge or stick with one person?