Being a Tech-Savvy Investor.


The year is 2017, we are in a digital age where there has been an obscene increase in information in the world and internet. Content creation is happening 24/7 and we are at the mercy of fake information and news all the time. North Korea Fired A Missile At Japan! Trump Decides to Allow Refugees Into USA! Singapore Abolishes NS! FAKE FAKE FAKE!
With all the false information going around, the average investor has to sift through tons of news and shady investing gurus around in order to get the true information he needs to make a sound investment decision! In this post, I am going to recommend(No, I am not paid to do so) a few trusty websites/ applications I use to get my daily financial news and conduct my research on!

1.StocksCafe
A shout out to one man who is changing the Fintech Scene here in Singapore, Evan Koh, he created StocksCafe(aka SGXCafe) to meet a demand for a growing community of investors here. On this platform, you are able to maintain a portfolio of SGX stocks and monitor daily/all time performance of your stock holdings, discuss with fellow investors on stocks and financial related news, get daily reads of the local investment bloggers and many more!
For fellow readers who are vested in the HKEX, worry not because stockscafe is going to cover the Hongkong market in the near future! 
My favourite feature: 
A list of trending stocks that is able to shortlist potential buys; the list is computed with an algorithm that tracks daily transaction value for the past 60days. ( I’m looking at you momentum traders) This allows you to know what is moving and allow you to generate faster returns than stagnant stocks which are aplenty in SGX.
Oh did I mention? It is freeeeee! (Chiong ah!) Be sure to recommend this platform to your friends to thank Evan for his altruism! But to enjoy more premium features, be a friend of StockCafe to support the movement at only $35 a year!
Link: StocksCafe

2.ShareInvestor
I just paid for this today after using up my free trial period of 9 days! This website has an app function so it is accessible on the go, wherever you are! This platform allows one to get the fastest updates on any news in the region, access complex FA and TA stock screeners, past year financial results and everything you need to study about the stock! 
My favourite feature:
Insider trades and Company share buyback monitoring; This two functions often(but not always) highlight the stocks which the company or its substantial shareholders feel that it is undervalued! Once you spot continuous purchasing, you can conduct your research into the financials and determine the potential of the stock!
Cost:
Free trial for 9 days! 
The package ranges from $264 to $525 for a year depending on whether you select the real time price or delayed time price! In fact they are currently having a 25% discount right now, making it even cheaper! (Don’t say bo jio)
Of course there may be better ways to stock picking but this is one method which I have come to use fairly often!

3.Spiking
My attention was brought to this app a few days ago on one of the Facebook investing groups that I’m in! Okay, so think tinder… But for stocks. Swipe left to reject and swipe right to invest! Spiking brought the revolutionary dating app to the financial markets. See what the hottest stocks are with its best stock feature! As stock whizzes always advise, follow the trend and ride the waves to profit! But how do you know when the big boys or institutions are making their moves? This app also monitors the purchases and sales of large institutions or even that high profile millionaire you have been idolising!
Favourite feature: 
Buy and Sell transactions of notable figures; you know that this certain millionaire has the Midas touch! But he isn’t a significant stake holder or director of the company, so his trades go unrecorded by SGX! But in this app, you are able to see what he buys and sells, which signals a lot about his sentiments in the potential of this stock! Gain this valuable insight with Spiking today!
Cost:
FREE , however to enjoy more of hot stock picks, you may have to subscribe to a monthly service or purchase a one day pass to enjoy a swiping spree on hot stocks! They will be launching a premium service in the near future as well!   
Link:Spiking

Hopefully, these platforms are able to help you  in making better informed decisions as they have for me. I have definitely made remarkable improvements in my knowledge through these platforms! In these websites, there may still be opinionated ideas about some stocks, but as always, practice your own due diligence in trading for a more fulfilling and prosperous investing journey!
What about you? What platforms do you use to get your daily finance fix? Comment below and share it with everyone!

For Honour And Glory,
CDOInvestor

Comments

Post a Comment

Popular posts from this blog

The Big WHY

Image
Many people would ask, why invest and risk losing money when I could save it all and one day have enough to survive? Common misconceptions by our parents and perhaps friends, would be that investing is akin to gambling and I quote : “Don’t burn your fingers in stocks!” “Investing? Same as going to MBS what…” “ If can make money, everyone also go invest what” But hey, haters stay hatin’ right? In a conformist and conservative society like Singapore, people say this because they are defensive towards an idea or concept they do not understand and wish to stay in their bubble where they feel safe and protected.  Financial literacy  and  ambition  will allow you to break out of this thought and give you the courage to stand up for yourself and tell them : “I want a better future for myself and get out of the rat race! No more sleepless nights over the fear of losing my job!” With that in mind, let me give you some facts which you can graciously bestow upo...
Read more

When you have nothing left but money

Image
Recently, a close friend of mine shared a video with me which caused me to really reflect and change how I envisioned my life, when I make it big in the stock markets. I always thought that when I earn my first bucket of gold, I would buy that dreamy Maserati I always loved, enjoy the finest food the world has to offer, party till the world ends and do it all over again. However, after watching this particular video, I thought to myself ; would I truly be happy with all the material gains? All of us might have started this journey into investing for different reasons, be it for ego ,fame ,power or hopefully provide financial security for your loved ones. I would like you to watch this inspiring video of a man that once thought he had it all, lost it all and found a new perspective on life through his journey. Sometimes we get so consumed with improving our financial situation and gaining traction in our career, but pause to think, time does not stop for you to achieve succ...
Read more

Crowdfunding. Yay or Nay?

Image
Hey guys, In my first blogpost, I am going to share my experience with crowdfunding with you! For those who aren’t familiar with the concept, Crowdfunding  is the practice of funding a project or venture by raising monetary contributions from a large number of people.  Crowdfunding  is a form of crowdsourcing and of alternative finance. In 2015, it was estimated that worldwide over US$34 billion was raised this way. I have personally invested through MoolahSense , a “Leading P2P lending platform” in Singapore. In Nov 2015, I invested a sum of money in a company called Jova Marine Services that had a healthy balance sheet, growing P&L statements and most importantly, promised 20%p.a. return in a year via monthly repayments. ( Sounds amazing right?) . But no. In the initial period, Jova made good on it’s loan, communicated with investors and was punctual with the repayment schedule and yeah, investors were smiling and everyone was havin’ a jolly goo...
Read more