Best Investment Apps For Mac
Investing in the stock market is intimidating to a lot of people. With jargon that gives everyone but financial experts a headache and exorbitant brokerage fees, most folks would rather ignore it entirely. Most people view the stock market as something entirely foreign. The idea of taking one’s hard-earned money and investing it into something entirely intangible is a frightening prospect.
Amazon prime music app download for mac. Fortunately, technology has lowered the barrier of entry, making investing accessible to everyone. Making your money work for you is the best way to grow wealth. What are you waiting for? Grab the apps below and start investing!
Investment apps allow you to interact with the market on the go. Here are NerdWallet's top picks for the the best investment apps. Investment apps allow you to interact with the market on the go. Dec 24, 2019 The Best Personal Finance Services for 2020. Need to make sense of your entire budget, or even just get a better handle on your monthly household spending?
1. Acorns
Want to invest in stocks but don’t want to invest time learning the nuances of the stock market? The Acorns app is for you. Acorns aims to demystify investing by automating the process. First, users link up a credit card or checking account to the app. Whenever a purchase is made the app rounds up to the nearest dollar and invests the difference.
Acorns makes investing incredibly easy and relatively painless. It allows users to automatically invest their spare change, reducing the learning curve and sting of a larger investment. Overall Acorns is a great way to get started in investing, just don’t expect it to set you up for retirement.
2. Stock Trainer
Want to test the waters of the stock market without the risk of losing any real money? Luckily Stock Trainer allows people to try before they buy. Users will be able to play a simulated version of the actual US stock market using virtual money.
Although the money may be fake, the virtual market is updated with real life data. This means users can test their strategies and learn market nuances without any of the risk. Therefore Stock Trainer is perfect for beginners looking to get their feet wet.
3. Robinhood
Traditionally, investing in the stock market required hefty brokerage fees, a deal breaker for most. Robinhood has eliminated the fees long associated with trading stocks. As a result the app allows users to buy and sell stock, all without commission fees. In addition users can monitor the market, build a personalized stock watch list and access market data.
4. FRED Economic Data
No savvy investor dumps money into stocks without doing a little research first – luckily FRED has your back. Short for Federal Reserve Economic Database, the app features 40,000 different data sets from 37 sources. Investors can use this data to research the performance of a company and look at past trends. Additionally FRED allows users to make custom graphs and save their favorites for quick access.
5. StockTwits
Essentially a social media app geared toward the stock market, StockTwits is a valuable tool for any investor. Users will be able to follow market analysts and hotshot investors to gain insight on stock trends. Furthermore, StockTwits allows users to connect with other investors and traders to collaborate and ultimately make better investment decisions.
There are many apps available for Android that help first time investors and pros alike make better financial decisions. Do you use any of the apps mentioned above? What investment apps do you use? Let us know in the comments!
If you're just wading into the deep pool that is the investment world or you're a well-seasoned investor who wants to make things a little more convenient, there's an app for you.
Here are the best investment apps for iPhone and iPad
Acorns
Acorns is the perfect app for anyone who's just getting into the investment-sphere. It's all about micro investing, wherein you invest spare change from the various purchases you make. If you're buying coffee in the morning or a newspaper, just round up to the next dollar and invest that little bit. You can invest more at any time or set up recurring investments, and it'll all be distributed among your diversified portfolio.
You can check in on your account and stocks from anywhere, and your money is secure with SIPC protection up to $500 thousand. If you want to get your feet wet in the investment world without having to fork over tons of money, this is the way to do it.
- Free - Download now
Best Brokers: Stock Market Game
The stock market is no game, but this iPhone and iPad can help you learn everything there is to know about day trading, using real stocks in real time. You'll be able to try out different trading strategies and track stocks without having to use real money. It's the perfect simulator for newbies and seasoned traders. If you think a move is risky, try it out before going through with the real thing.
You start with a $25 thousand portfolio and get to try and turn that money into more and more. There's also an integrated news reader, so you can keep current on all the market happenings.
- Free - Download now
SigFig
SigFig is a full-featured investment tracking app that helps you manage your portfolio, while offering free analysis to help you create a personalized investment strategy. With some in-app purchases, you can get 24/7 portfolio monitoring, an automated portfolio tailored to your investment goals, and you only pay 0.25% of your total assets per year for complete management of your portfolio.
SigFig supports big brokerages, like Fidelity, Schwab, and TD Ameritrade, so you don't have to move your cash around. Your information is fully protected and encrypted, as well, so you can invest with confidence knowing it's secure.
- Free, IAPs - Download now
TD Ameritrade
TD Ameritrade is for the investor on the go. It lets you stay up to date on your account wherever you may roam. You get access to essential information, like equity and options trading, streaming quotes, real-time balances and positions, fund transfers, and more.
You'll be able to follow the market with price alerts, charts, and up-to-the-minute news. There's even a Today view widget for iPhone, so that you can multitask and have everything you need at the ready.
You can perform involved account management tasks from wherever you are; TD Ameritrade lets you deposit checks right on your iPhone, see your balance in real time, view your transaction history, transfer cash, and much more. If you need a mobile trading solution that's almost as full-featured as a desktop version, this is the app you want to go with.
- Free - Download now
CNBC
CNBC is your portal to all the financial news you need on a day-to-day basis. You can get real-time stock market quotes, as well as information about the global market. You can track your stocks in customizable Watchlists, which you can view on any mobile device and even on your desktop.
You'll get breaking news alerts for the things that matter most to you, and you can even view premarket and after-hours trading data with interactive charts and customizable timeframes. If you live in the U.S., you can stream CNBC live and watch full episodes of financial programs.
If you need financial news at all, the CNBC app is the way to go.
- Free - Download now
What's your favorite financial app?
Sound off in the comments below!
We may earn a commission for purchases using our links. Learn more.
Best Investment Apps For Mac Free
It's OfficialBest Investment Apps For Mac 2017
Ring Doorbell 3, Doorbell 3 Plus coming April 8, pre-orders available now
Best Free Mac Apps
Ring has just announced four brand new products including its new Ring Video Doorbell 3 and Video Doorbell 3 Plus.