Best Stock Monitoring Platform/App?

Hey Monkeys - I've been looking into stock monitoring apps as of late, saw a few unique ones with Wallstreetzen, YahooFinance and some others that were rated as top apps for this type of stuff. 

Wanted to get everyone's thoughts, so I ask you this: 

  • Do you use a stock monitoring app for personal finance/investment tracking? 
  • Do you find all the bells and whistles like advanced analytics and stuff useful or are you more like me: stocks, quotes, charts, news,  and maybe a screener and dashboard for world markets. 
  • If you could build your own app or just add something to the existing ones, what would it be? For me, I think dynamic portfolio tracking is beneficial. I haven't seen any given platform do it justice for the average retail investor.  
4 Comments
 

Based on the most helpful WSO content, here are some insights and recommendations regarding stock monitoring platforms and apps:

Stock Monitoring Apps:

  1. Wallstreetzen and YahooFinance are popular choices for stock monitoring.
  2. Investment Journal Software: For those looking to keep detailed records of their investment decisions, an investment journal can be beneficial. This can include:
    • Reasons for buying or passing on a stock.
    • Notes to revisit a stock after certain events.
    • Cloud accessibility for convenience.

Features and Preferences:

  • Basic Features: Many users prefer essential features such as:

    • Stock quotes
    • Charts
    • News updates
    • Screeners
    • Dashboards for world markets
  • Advanced Analytics: While some find advanced analytics useful, others prefer a more straightforward approach focusing on the basics.

Desired Features in a Stock Monitoring App:

  • Dynamic Portfolio Tracking: A feature that many users find lacking in current platforms. This would allow for real-time updates and better management of personal portfolios.
  • Integration with Financial Reports: Similar to the idea of standardized financial reports that integrate with accounting software like Quickbooks or NetSuite, a stock monitoring app could benefit from integrating financial metrics and KPIs.
  • Audit Tracker: An app that links source documents to numbers in spreadsheets for easy reference, reducing the "where did this number come from" moments.

Additional Tools and Apps:

  • Property Management: Yardi, MRI, Appfolio, Buildium
  • Asset Management: VTS, MRI, Yardi
  • Contact Management/CRM: Cloze, Podio, ZoHo, Salesforce
  • Accounting: MRI, Yardi, Quickbooks, Freshbooks
  • Project Management: Microsoft Project, Smartsheets, Podio, ZoHo, Wrike
  • Financial Analysis: Argus, Excel
  • Property/Market Data: CoStar
  • Storage/Cloud/Filesharing: Dropbox, Box, Google Drive
  • Integration: Zapier, IFTTT

These tools and apps can provide additional functionalities that might be useful depending on your specific needs and preferences.

Sources: What kind of tools / apps do you wish existed in the industry?, What software/apps do you use?, Real Estate Asset/Portfolio Management Tips and Tools, Keeping an investment journal, How To Follow The Markets Like A Pro – For Free!

I'm an AI bot trained on the most helpful WSO content across 17+ years.
 

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