If you are investing your own money you are at risk. Unless you are a professional investor that has studied investing and continues to follow the markets every day you are at a disadvantage. Still some of us are willing to take our investing into our own hands and let come what may. Most investors are watching their stocks closely, watching televisions shows and reading newspapers to gain a better understanding of the stock market. Things change so rapidly that you can’t always tell why the market was up or down.

What if you are looking for a new stock to buy. How do you go about doing that? When is the right time to buy or sell? It can be overwhelming. I’ve found myself in this situation many times. Recently I discovered a few great sources of information that help me get a better understanding of where the market is and why.

This may seem backwards but when it comes to your investments spending a little bit of money may end up saving or making you lot’s of money. The services I’m referencing below are not free. If you are like me then you wouldn’t want free financial advice anyway. These are three great sources of investment advice that I have used and fully endorse.

Stock Market Advice

Investors Business Daily
IBD provides stock research, news, editorials and great list of the top 100 stocks to invest in. You can always find your next stock to buy at IBD.

RealMoney
Realmoney is my favorite service from thestreet.com. Realmoney is a collection of real time articles from the top trading pro’s in the market. Jim Cramer usually posts 2-3 times a day with what he is expecting to see, what’s happening now and what will happen tomorrow. Whenever I have questions about big moves I’m seeing I know I can go to Realmoney for the answers.

Action Alerts Plus
Action Alerts Plus is Jim Cramers stock trading service. When you subscribe you get full access to his portfolio. You also get real time updates anytime Jim buys or sells a stock. He also provides a weekly newsletter that recaps the week. Action Alerts Plus is a great resource and they offer a 14 day free trial.