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Is yahoo finance right for your business?

Depending on what kind of business you have Yahoo! Finance might be perfect for you to use. If you are a business that invests in stocks of other companies, you invest in mutual funds or if you trade stocks Yahoo! Finance can be a great asset to your company. You can also use Yahoo! Finance to keep track of personal finances, pay bills and prepare your business taxes through H& R Block. Before you decide if Yahoo! Finance is right for your business lets take a look at some of the pros and cons to Yahoo! Finance.

Pros:
- Almost everything on Yahoo! Finance is free to use. Some services that you have to pay for are tax preparation through H and R Block and online bill pay.
- Has a financial glossary that explains easy and hard terms used in finance, accounting and economics.
- Offers graphs that are easy to read. You can set your graphs features to highlight a certain stocks performance based on different performances. Such as 1 day, 5 day, Daily, Weekly, Yearly, and numerous others. Graphs are also offered that compare the holding with the S and P 500 and moving averages.
- A wide range of news sources are offered. Yahoo! Finance uses a wide range of articles from a variety of sources to help bring you the news as soon as it hits the marketplace. This helps to keep you up-to-date on anything that is going on in the business world, whether it pertains to your business or your businesses industry. You can also customize your news to filter out any news sources that you do not want.
- Many useful links

Cons:
- Does not offer real time quotes for free. When trying to manage your investments it is pretty important to receive real time quotes, but for some reason Yahoo!Finance is fifteen minutes behind Nasdaq and twenty minutes behind all other quotes. If you do want real time quotes you can pay a small fee to obtain these quotes, but you can also find other websites that offer real time quotes for free.
- The site only allows you to search for stocks, if you want to search for anything else that is finance related you need to go back to Yahoo! To do a search.
- The website is not very appealing to look at. It seems to the average user that they have crammed as much information as they can onto one page. Every part of the page is filled with boxes of text and other information. While it is nice to have so much information available in one spot it gets rather difficult to look at and to find what it is you are looking for.
- Message boards can be a waste of time. People who are responding on the message boards can be antagonistic and sometimes will try to pick fights to help back up the stock they are invested in. The message boards also contain a lot of spam and the language is not always censored so it is not always professional. So if you are looking for a business forum where you can have business questions answered you might want to try another website.

Regardless of what kind of business you own Yahoo! Finance can be a benefit for your company because of the vast amount of information they have in one spot. Yahoo! Finance also has many other useful links that can lead you to even more information that could be helpful for your business.

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