Morningstar is Awesome

I don't work for Morningstar. I don't know anyone who does. They just provide me with a great place to look at how my stocks and shares have performed since I acquired them and to monitor stocks I intend to buy.

Since I started making grown up decisions investing, I have been okay about asset allocation. I have been not-so-great on portfolio diversification. Somehow, I thought holding different asset classes did that sufficiently - newbie mistake or just plain dumb - I'm still not sure.

Now, I'm actively looking to offset my risk and exposure in markets against others. So, this is when my affair with Morningstar began. I'm a fan of the Free Portfolio Analysis tools and particularly like the Instant X-ray. Above all, I adore the fact that this is all free.

Check it out if you need a one-stop shop for objective stock/ETF/fund advice and good tools for analysis. More coming soon on my attempts to play the market like a grown-up