Five Essential iPhone Apps for Investors
If you’re one of the many people who live and breathe investing but don’t necessarily work from an office or are often on the road, then you will find many of the financial and investment apps now available for the iPhone invaluable. This article will look at the five best apps for investors. There are all kinds of financial apps out there for sorting your home finances or making your taxes easier – but this article will concentrate on those apps which are indispensable to people who invest in stocks and shares for a living or who play the markets seriously in their spare time. The apps have been selected for their hands on experience and for their reliability and usefulness to traders and for no other reason. If you invest in stocks or shares, then you might want to take a serious look at the following apps:
Bloomberg & CNBC – These are two separate apps but I’ve put them together because they both do the same thing – high quality financial news. Bloomberg is the better of the two, providing more news and offering a wider range of international stocks, but both are worth getting. CNBC has a gorgeous layout and is designed brilliantly – easy to use and sleek, and offers regular and wide ranging video content. Bloomberg’s interface is also easy to use and it is the best app out there for financial news, financial graphs, latest quotes and international financial news. Both are free and both are essential.
The Ace Stocks Screener – An excellent app for investors, the Ace Stocks Screener lets you filter through stocks using twenty-three separate criteria. The only stock screening app out there it is perfect for filtering down to certain kinds of stock, helping you find the ones you are looking for.
Financial Statement Viewer – As an investor you will know that sometimes it is essential to look over a company’s financial ratios and statements before making a decision to invest. The Financial Statement Viewer app is the only app that lets you go back more than 5 years in terms of financial statements. You can find similar details online at Yahoo Finance or Google Finance, but they don’t list old financial ratios, unlike the Financial Statement Viewer. Worth getting for that alone.
The Analyst Rating Tracker – Anyone who follows investments, from hedge funds to the part time investor will know that it is worth keeping an eye on the analyst ratings. That’s because analyst ratings can affect the value of stocks in your portfolio. They are not a perfect or totally reliable indicator, but they do have influence on the price. Consequently having an app that tracks those analyst ratings is well worth it.
Stock Alert App – No one can check on their stock prices every moment of the day. Apart from anything else it would drive you mad. However, if you want to be ready when your stocks hit a certain price then you need an app like the Stock Alert App. With this app you can set a price for your stock (or a price when it is getting near your target price) and it will alert you when it gets near to that price.
There are all kinds of other apps out there for investing, from Daily Finance, Risk Manager and iStock Manager to iFutures and Market Watch, but those listed here are considered to be some of the finest and most reliable.
Esther is a financial writer, blogger and journalist. She writes regularly about all things finance, from taxes to investments and from mortgages to business loans. She also writes for http://www.paydayloansuk.org.uk.