It’s never too late or too early to invest, and the fact that investment apps are making the process a whole lot easier makes it an even more tempting endeavor. Although it is true that jumping into the stock market could be risky business, you’d have to admit that any business has their own share of potential risks as well. The stock market, however, allows you to go about your usual routine as your investment’s value rises and falls.
Getting more interested? Here are a few smart apps that stock market investors can use:
- JStock.- JStock is the ultimate source of information when it comes to the stock market. It gives you market trends, prices, and industry news. Its focus is not as specific as other stock market apps, but this makes it the perfect companion for those who are just starting out and are still getting the hang of the trading process. It even allows you to setup alerts in case there is any relevant movement on the markets that you are following.
- The Robinhood The Robonhood app definitely sent a lot of eyebrows raising, which is quite understandable considering how easy it made everything. From the signup process to the easy user interface, it all seemed too good to be true. It does exactly as it promises however, which made it the favorite stock market app for younger investors. Its biggest selling point? No minimum balance required, and no commissions per trade.
- Stock Wars: Virtual Investing. Not that ready to let go of your money just yet? Then might as well make the most out of your time practicing how it feels to trade stocks through this simulator. The best part about the Stock Wars app is the fact that the game goes on real-time. This means that there’s a big chance that you’ll find yourself falling asleep and then waking up later on finding your investments crashing as your friends continue to play.
- Bloomberg. Of course, Bloomberg is always the best source of information when it comes to the stock market, and its stock terminal is still as reliable as ever. The fact that you can get all this for free adds more to its appeal, making it one of the favorites for people who are still trying to learn the ins and outs of the business.
- Stock Quote. Stock Quote may not be as impressive as the other apps you’ll find, but the lack of fancy exterior makes it more direct to the point and easier to use. It allows you to compare your picks against other indexes, and it also feeds you news from a number of different relevant sources real-time.
If you want to try your skills at the stock market, these apps should be the perfect tools for you to use. There’s no need for you to run to stores that sell electronics to buy any other gadget apart from your own smartphone. These apps would definitely make the entire process easier for you, allowing you to focus on making sound decisions and trading more effectively.
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