Investopedia
A website called Investopedia provides information about finance, investment, and Trading. Two recent college graduates named Cory Janssen and Cory Wagner founded it in 1999 to make financial decisions simpler to grasp. Later, in 2007, they sold it to Forbes Publishing. The largest digital print company in the US, Dotdash Meredith, which was formerly owned by Dotdash, was acquired by the corporation in 2021.
People contribute to Investopedia to assist in clarifying financial concepts, but they cannot take the place of professional counsel from attorneys or financial consultants.
Numerous news outlets, including NBC News and CNBC, have discussed Investopedia. Readers come from all around the world, regardless of whether they are experienced investors or are just learning about money. The objective is to improve your understanding of money regardless of who you are.
History of Investopedia Establishment and Early Beginnings
In Edmonton, Alberta, Cory Wagner and Cory Janssen came together in 1999 and founded Investopedia. Janssen oversaw marketing and sales duties during this time, while Wagner concentrated on advancing business expansion and research initiatives. Janssen attended the University of Alberta to complete her business studies.
Forbes Media bought Investopedia.com in an undisclosed arrangement in April 2007. At the time of this deal, Investopedia had a monthly audience of about 2.5 million visitors. A financial vocabulary covering personal finance, banking, and accounting was available on the platform. Financial professionals contributed to the content, which also included a stock market simulation tool. By August 2010, Investopedia had expanded significantly, boasting a sizable library of more than 30,000 articles and drawing 2.2 million distinct users on a monthly basis. At this point, Forbes sold ValueClick Investopedia for $42 million. In 2013, ValueClick sold Investopedia to IAC as part of a package deal combining several assets for an amount of $80 million. Investopedia launched several projects while it was owned by IAC, including the educational technology-focused Investopedia Academy.
David Siegel took over as CEO of Investopedia in March 2015, and in January 2016, Caleb Silver assumed responsibility for content management. In June 2017, they published a list of prominent US financial advisors.
Investopedia joined Dotdash in July 2018, which led to the firing of one-third of the crew. In that year, the website was updated. At the beginning of 2019, they established prizes for robo-advisors and internet brokers.
CEO David Siegel underlined their objective to provide context for news rather than breaking news in 2020. In September 2020, Caleb Silver, a financial expert on MSNBC, ABC News, and NBC, launched the “The Investopedia Express” podcast.
How does it work
Investopedia began as an online glossary of financial words, but its breadth has expanded dramatically over time. It has evolved into a thorough archive of many financial insights. An educational platform and a free stock or Forex simulation tool are included with this extension.
A steady stream of articles on Investopedia are published on a variety of subjects. These articles make up a sizable collection that includes more than 30,000 distinct items. They are logically categorized under groups like education, news, and money management. Importantly, consumers can access all of these articles for free.
The training academy and its courses do, however, have a cost, in contrast to the free articles. This financial factor contributes to the website’s ability to offer free material.
Investopedia’s Awards
Year | Award Description | Recognizing Body |
---|---|---|
2022 | Gramercy Institute Finance Content Marketing Award | Gramercy Institute |
2021 | SABEW Medium Division Best in Business Newsletter Award | Society for Advancing Business Editing and Writing (SABEW) |
2020 | Digiday Publisher of the Year Award for Dotdash | Digiday |
2019 | Financial Communications Society Branded Content FCS Portfolio Award | Financial Communications Society |
2018 | Great Place to Work Institute’s Recognition | Great Place to Work Institute |
2018 | Gramercy Institute Financial Content Marketing Award | Gramercy Institute |
2018 | Digiday Publisher of the Year Award for Dotdash | Digiday |
How to use Investopedia
Financial Services and Offerings
Stock Market Simulator
You can practice Trading Stocks using fictitious money on the Investopedia Stock Market Simulator website. It’s a well-liked option that more than 3 million educated investors trust. This is what it provides:
It is a platform that offers a risk-free, virtual Trading environment so that you may learn about Trading Stocks. Many knowledgeable investors utilize it to hone, develop, and enhance their Trading abilities.
Wealth Management Insights
Educational Hub
Informative Resources
Current Financial Updates
Professional Insights
Pros and Cons of Investopedia
Pros of Investopedia | Cons of Investopedia |
---|---|
Lots of financial info for traders, investors, and finance pros.Free content, except for courses.Articles are clear and short.Helps beginners understand financial terms easily.Great for finance students and pros to quickly update knowledge.Like Wikipedia, with practical examples and explanations.Free features with good quality info.Saves time by explaining related terms.Useful for exam and interview prep.Teachers can enhance study materials with it. | Some terms are more about the US, but you can still relate them.Not a main source for studying; use alongside textbooks.Mixed reviews for customer support, making it hard to solve issues.Stock simulator doesn’t handle stock splits well, and problems may not get fixed.Fewer reviews of online brokers compared to other sites.Covers a lot of topics but not deeply specialized in some Trading styles like day Trading.Training courses not available in all places, so some can’t join. |
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FAQs – Frequently Asked Questions
1. Who’s in Charge at Investopedia?
Investopedia is managed by Dotdash Meredith online. Neil Vogel is the current CEO. The main office is in New York.
2. How Investopedia Makes Money?
Most of Investopedia’s revenue comes from advertising. The site is often visited, therefore many people see the advertisements there. Investopedia began generating revenue in more ways as of 2017. The majority of the $199 courses that are offered through the Academy were produced by them. They can keep the rest of the information free because of the revenue from these courses.
3. Are There Free Courses on Investopedia?
Yes, some of the courses on Investopedia Academy are free, but the majority of them need money, frequently $199. Keep in mind that some courses might not be offered everywhere.4. Can You Trust Investopedia?
Investopedia employs a variety of techniques to ensure the validity of its content:
Investopedia acknowledges any errors in the information they publish. They are aware that mistakes can be made by anyone.
A team of professionals reviews Investopedia’s material. They check the sources to ensure the information is accurate and steer clear of fabrications.