Websites for Stock Investors to Explore
To find out about new laws being passed or proposed that may impact your stock investments, check out Congress and what’s going on at its primary websites: the U.S. House of Representatives and the U.S. Senate. For presidential information and proposals, check the White House website.
You also may want to check out THOMAS, the service provided by the Library of Congress. THOMAS is a search engine that helps you find any piece of legislation, either by bill number or keyword. This search engine is an excellent way to find out whether an industry is being targeted for increased regulation or deregulation.
In the late 1980s, real estate was hit hard when the government passed new regulations and tax rules (related stocks went down). When the telecom industry was deregulated in the mid-1990s, the industry grew dramatically (related stocks went up).
Turn to the following sources for economic data:
The more knowledge you pick up about how politics and government actions can help (or harm) an investment, the better you’ll be at growing (and protecting) your wealth.