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Make super smart investment decisions with this informative app

Make super smart investment decisions with this informative app
photo courtesy of SHUTTERSTOCK

When it comes to the stock market, every move you make is risky. It's just the name of the game. And yet, some people seem to have it all figured out.

But do you really have to be an expert in order to invest your money successfully? The answer is no. Now there are tons of tools to help you navigate all of the twists and turns that come along with Wall Street. Just recently, we told you about an app called SeekingAlpha that monitors only the stocks you're interested in. And now we've got an app to help you decide which stocks are best to begin with.

Stockflare is an app that compares stocks against each other then produces an overall rating to let you know which stocks stand out as top performers. And, presents the information in a simple format, so you can make quick decisions about every trade and purchase.

stockflare

Before you start investing, we do recommend that you meet with a financial advisor to determine a strategy that works best for you. The Stockflare app is designed as a research tool that helps to educate you on current stocks in the market. In return, you're able to make better-informed decisions about purchases, sells and trades.

Stockflare was developed by Stockflare Limited, a company in London that specializes in breaking down the complexity of Wall Street for the average consumer. The company's goal is to help everyone manage their own money without having to rely entirely on financial advisors.

You can use this app on your tablet or smartphone so you always have the most current information about high-performing stocks on hand. Ratings for each stock are based on the quality of the business, its valuation, in addition to how popular of a brand it is among consumers. Apple, for example, is an extremely well known company worldwide and this fame improves its overall stock rating.

To release all of the premium features of the app, there is an upgraded version that costs $4.99 per month. However, users can search for information on any stock without the paid version. You can also set up alerts for stocks you're interested in. That way, you'll receive real-time alerts as these stocks change in price.

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