If you invest in the stock market, you know how important it is to stay connected and up to date with the latest market trends. The last thing you want is to miss a significant trade because you weren’t glued to your computer. The second-to-last thing you want is to have to be at your computer when the markets open and close just in case you need to make a quick trade or analyze the market. Fortunately, to stay on top of your portfolio, all you need is to download and use one or more of these apps on your mobile device.
Bloomberg Plus
This free app provides real-time information and up-to-date news concerning finance and the stock exchange. It allows you to create watch lists so you can stay current on your stocks and holdings, and it is sufficiently comprehensive to provide much of the information you need to make educated decisions about your portfolio.
Yahoo Finance
Stay on top of the stock market by downloading Yahoo Finance, which provides current and detailed information and insights for investors. Newbies may find that there is a learning curve to understanding all the information, while seasoned traders will find all the information they need to explore the current markets and make educated decisions on what and when to buy and sell.
Stock Market Simulator Plus
Playing or investing in the stock market can be intimidating. Anyone who lived through the crash of 2008 may be wary of making investments. Those who don’t yet feel confident at playing the stock market should consider buying Stock Market Simulator Plus. With this app, you’ll be able to learn and understand market trends and techniques without it costing you more than the two dollar fee. This app for Android is easily downloaded to your smartphone such as the sleek Samsung Galaxy S6, where you can use it’s large HD display to practice and learn about the stock market before investing your hard-earned money.
E-Trade Mobile
E-Trade has changed the way Americans access the stock market. For those who already have an E-Trade account, the next natural step is to download the mobile app. If you don’t have an E-Trade account, it’s worth looking into. If you plan on investing larger sums of money, E-Trade has a proven track record of reliability. Since you do have to pay for trades, it’s not necessarily the best option for small-time traders, but those who have major investment accounts can manage them quickly and easily straight from the app.
Stash Invest
If you’re new to trading or prefer to trade on a smaller scale, consider downloading Stash Invest. Stash has grouped stocks into various categories. If you like to invest in companies with ethics similar to yours, you can find businesses that promote equality, environmental enterprises, and other important initiatives. If you want to trade like the pros, you can invest in the same companies as moguls like Warren Buffett do and mirror their portfolios. You can set this app to invest small sums automatically, or purchase larger amounts for as little as one dollar per month.
Stocktouch
Very few apps exist that show and analyze the stock market like Stocktouch does. This powerful app offers comprehensive data in an efficient format. Even though the app is for informational purposes and doesn’t allow trades, it’s a must-have for serious and even amateur traders. Stocktouch offers real-time information concerning capitalization and gains and provides the ability to sort stocks in many unique ways. It also provides heat maps and zooming functions for easier use.
Although there are many ways to secure your financial future or grow your net worth, the stock market has proven successful for those who know how to work within it. Being on top of the stock market involves knowing and understanding current trends and breaking news regarding the financial world. Now, with the right apps and your handheld device, you can stay connected and knowledgeable and have the power to trade at your fingertips.
Kidal Delonix is a contributor to Mr. Hoffman's blog. The views and opinions are entirely his/her own and may not reflect Mr Hoffman's views.
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