Experienced Investor
Five must-have apps for on-the-go investors
In a 24/7 world, savvy investors must be able to tweak their portfolios on the go. Here are some of the best apps for staying on top of your investments.
Scutify
Scutify is a social media aggregator that allows you to quickly see which stocks, commodities, currencies and companies are being discussed on Twitter and other social media sites, along with what other investors are saying about them. Like Twitter, you can choose to follow experts who share their views with the Scutify community. With a fun and easy-to-use interface, Scutify is great for tracking changes in investor sentiment or just having a nose around the markets.
Cost: Free
Platform: iPhone, iPad and Android
Stock Market Millionaire
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Stock Market Millionaire is an easy-to-use stock market simulator that lets you test your investment strategy in safe water. You start off with $100,000 to invest and over 10,000 stocks to choose from. Your investments will respond to real-time price changes. You’re ranked based on the performance of your portfolio. While there are some bugs, particularly when you first start playing, they smooth out over time.
Cost: Free
Platform: iPhone, iPad and Android
Stock Guru Pro
This app isn’t cheap, but many serious investors insist that it’s the best available. Stock Guru is an interactive tool that analyses stocks listed on the NYSE, AMEX and NASDAQ for risk, valuation, financial strength and momentum. Results are then presented in an easy-to-understand visual format. It also features investment tips from “gurus” like Warren Buffett.
Cost: £13.99
Platform: iPhone and iPad
Bloomberg
The Bloomberg app, a perennial favourite, is a great way to access market data and breaking economic news. Fast, slick and customisable, the Bloomberg app gives you constant access to news that might affect your portfolio’s performance. The ability to build a personal “watchlist” makes tracking the companies you care about easy.
Cost: Free
Platform: iPhone, iPad, Android phone and tablet, Blackberry, Samsung, Windows Phone, Nokia
True Potential Investor
The True Potential Investor app lets you set goals, buy funds from a range of providers and top up your savings whenever you have a quiet moment with the ‘Impulse Save’ option. While the iPhone version is more limited than the iPad version, both are valuable tools in that they bring together all of your assets, existing investments and bank accounts into one interface, showing you a consolidated view of your net worth. Guides and videos to help you invest wisely are also available.
Cost: Free
Platform: iPhone, iPad, Android, Blackberry