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The Motley Fool - Most investors’ stock research consists of scanning the news headlines on Yahoo!, watching CNBC and other TV business shows, and, in more advanced cases, checking out the financial information presented on websites such as The Motley Fool, Yahoo!, or MSN Money.

Traders react during early activity on the floor of the New York Stock Exchange, Wednesday Dec. 31, 2008.  Wall Street showed a modest advance in the final session of a dreadful year as investors took some comfort from a sharp drop.  (AP Photos/Bebeto Matthews)AP - The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year — the worst since the Great Depression, wiping out $6.9 trillion in stock market wealth.


AP - Share prices on the London Stock Exchange were higher Wednesday in a short session of pre-holiday trading.

The blue-chip index suffers its worst annual loss since 1931 and third-worst loss ever. Jobless claims rise, but not as much as expected. Mortgage rates continue to decline. Dell is shaking up its leadership. Online holiday sales drop 3%.

A Pakistani stockbroker looks at the latest share prices on a monitor during a trading session at the Karachi Stock Exchange on December 29. Pakistan's main bourse continued its downward slide Wednesday, with shares shedding another 2.9 percent, dealers said.(AFP/File/Rizwan Tabassum)AFP - Pakistan’s main bourse continued its downward slide Wednesday, with shares shedding another 2.9 percent, dealers said.


The year movement of the Dow Jones industrial average. (Graphics/Reuters)Reuters - Wall Street closed out its worst year since the Great Depression on Wednesday after an unstoppable credit crisis and a dreadful economic outlook left investors questioning their faith in stock markets.


A man watches a board at the Australian Stock Exchange public viewing area in Sydney, Wednesday, Dec. 31, 2008. The Australian sharemarket opened higher, following gains in U.S. stocks, regaining some of the losses of 2008, the worst calendar year on record. (AP Photo/Rick Rycroft)AP - World stock markets were seeing out 2008 in a bruised and confused state after a year of dizzying turmoil, with stocks in Europe and Asia little changed Wednesday in light trading.


Many favored stocks have been beaten down lately as hedge funds sell off. They could rebound soon — but even if they don’t, these look good for the long term.

There’s more hope to be found in the market these days, so I want to own more stocks. I’m buying Qualcomm.

Where do we go from here? - Comments Off

It’s time to take a hard look at who’s managing your money. Don’t stop at short-term data; you want someone with both a long track record and solid recent performance.

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