The stock market is one of those things that people either love or hate. Is it a heavy rainy season in Venezuela? Better look into Starbucks.
Volkswagen was caught cheating EPA standards again? Better wait for it to bottom out before I buy in. Time to start looking for my buy-in. The cornerstones of brokerage firms are the fees they charge to make trades using the money of their clients.
Robinhood, however, is a fee-free trading platform that allows users to trade in public companies and exchange-traded funds without paying a dime. They decided to put out an app at one point, and lo and be hold, it has since become the most reliable app for finance news and up-to-the-minute stock updates.
If that sounds too good to be true, the folks at Betterment claim that after 30, test periods, their portfolios out-performed comparable advisor-managed portfolios 88 percent of the time. The best thing is users can start investing for just a dollar, and the fees are comparably dirt cheap—between 0. Forcerank is a new-ish app from the folks over at Estimize.
Essentially, these analysts combine their diverse backgrounds and get together to crowdsource the most realistic stock consensus available. Forcerank is basically a smaller version of that, set up as a kind of game for people who know and love the markets. This one could be summed up in a short few words: StockTwits is Twitter for stock market analysts. The only real issue with StockTwits is that, like real Twitter, anyone can join and comment on the state of the market, individual stocks, current developments, etc.
StockTwits basically opens up the world of investing for the spreading of knowledge and information, and fosters collaboration between savvy traders and investors. If that sounds kind of like cheating to you, take a step back real quick and try to understand that learning the ins and outs of the stock market can take a long time, and learning how to do it well may very well take you your entire life.
Gleaning knowledge where and when you can is all part of the game. In fact, users are peer-rated and given their own risk assessment to let other users know how reliable and trustworthy their trades are. If you want to earn while you learn, this is the app to do it on. Another one of the more low-key popular apps for iOS and Android phones, Stocks Trader is known far and away as one of the best mobile stock apps for streaming live quotes, pre and after hours quotes, multiple portfolio monitoring, and even full-screen charts—all delivered via push notification.
It works with most U. With Robinhood, this app is a definitely must-have for everyone looking to make some power moves. Now check out the best iOS apps of last year. Receive the best in sneakers, fashion and street culture straight to your inbox! Highsnobiety is an online publication covering forthcoming trends and news in fashion, art, music, and culture, all on one platform.
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