The stock market is often seen as something only rich people can invest in. But with the rise of more affordable personal investing options, almost anyone can buy stocks. In fact, you don’t even need a lot of money to invest in stocks; you just need to be ready to set aside some cash at regular intervals. The trickiest part is figuring out which are the best stocks to buy now. Thankfully, there are plenty of apps that make monitoring the stock market easy and accessible for anyone interested in investing. Here are the top 5 stock market apps for investors. These apps will help you track the performance of individual stocks or entire markets, analyze graphs, get news about specific companies, monitor your portfolio’s performance, and more.
Stocks Monitor
One of the first things you want to do as an investor is to track your stocks. If you don’t know how your stocks are performing compared to other stocks, you don’t know if they’re good investments. Stocks Monitor is a free app that lets you track stocks and mutual funds. The app lets you set price alerts for your stocks so you’ll know when stocks get close to your purchase price, and it’s time to sell. Stocks Monitor also has graphs so you can see the price trends over time, which can be helpful to get a better idea of when to sell or buy stocks. The graphs are easy to read with lots of customization options, such as different colors for different stocks, different time periods for each graph, and more. Stocks Monitor also has an index feature that lets you track the Dow Jones, S&P 500, NASDAQ 100, or a few other indexes.
Google Finance
If you’re looking for a free app that gives you a ton of information about stocks, Google Finance is a great option. You’ll get price graphs, news about stocks, dividends, and other information. For example, you can use the app to track dividends by entering the stock symbol. The app will then tell you how much the company pays out in dividends and when those payments will be made. Google Finance also lets you enter multiple stocks and get news about all of them at once. This one-stop-shop approach is great for investors who want all the information they can get about a specific stock without having to go to multiple sources. Google Finance also has a Portfolio feature that lets you track your total portfolio value and overall performance. While it doesn’t have graphs like Stocks Monitor, it does give you other information, like the P/E ratio for each stock in your portfolio, which can be helpful for analyzing stocks.
Portfolio Tracker
Portfolio Tracker is a free app with a focus on simplicity. While it doesn’t have graphs or news, it does let you track stocks, mutual funds, ETFs, bonds, and other types of investments. Portfolio Tracker has a simple user interface that makes it easy to add and remove stocks. The app also lets you add a note to each stock, which is useful if you’re buying stocks based on a specific company or industry and want to keep track of why you bought them. Portfolio Tracker is best for investors who don’t need to do a lot of analysis and just want a straightforward way to track stocks and other investments.
Stash Invest
Stash Invest is a great option for investors who want a fully online investment service with low fees. The app lets you invest in a portfolio of exchange-traded funds (ETFs) that are diversified across the economy. You don’t need to know anything about stocks or pick individual stocks. Just choose a balanced portfolio of ETFs, and Stash Invest does the rest. The app has graphs and other information about a user’s portfolio, which is helpful for tracking performance. Stash Invest is best for investors who want a fully automated portfolio with low fees and want to set it and forget it.
Market Watch by SMBC
Market Watch by SMBC is a fully featured app with a ton of features for investors. You can track stocks and multiple indexes, view news about companies, set price alerts, and more. The app is free but has an in-app purchase to unlock more features. The price is $49.99 per year, which is less than most financial magazines charge for a subscription. Market Watch by SMBC has an excellent user interface and includes graphs, news, and more. The graphs are easy to read and include a lot of customization options, such as different colors for different stocks, different time periods for each graph, and more. The app also has a “what if?” feature that lets you see the impact of selling a certain stock and reinvesting the money in a different stock.
Final Words
There are many advantages to investing in stocks, but one of the biggest is the potential for long-term growth. Because stocks represent a small piece of ownership in a company, when the company does well, stock investors will also benefit from increased earnings and value. When you track the performance of your stocks, you’ll be able to see if your investments are on the right track.
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