Investing Software

[superquad1968]

Hi Guys,

In the new year I'll be starting a new position that will pay me significantly more money. [Yea Me!] And it will not be going to the lovely SPs

I have always maxed out on my RSP's and have no room to put this extra money there. So... I want to trade in stocks and just getting started I need to do some research. I'll be investing about $30k/year.

I am looking for software that will help me screen stocks in the TSE, NYSE, and NASDAQ. I have dabbled in the stock screener at CNBC - [http://moneycentral.msn.com/investor/finder/customstocks.asp] - but that only screens for stocks in the USA.

Any ideas?

Thanks,

SQ

 

[hornykid]

Get the software Advance Get! It's really good...

 

[clules]

Talk to your broker or investment advisor (you will need one if your are going to trade) they will be able to recommend pay sites that will provide you with research data on various investments.

If you deal with on-line trading sites, ask them. They can also provide you with the same recommendations.

Try Globe HySales (Globe and Mail) it's a product that a lot of Invesment Advisors use for research.

 

[mtl_guy]

Firstly, what do you want to accomplish through your investing?
Are you looking to have a bigger nest egg for retirement? Do you want to save money for the purchase of a home or business? Or do you want to trade for profit but fun is also a part of it?

It would be a good idea to work with a planner or advisor to start off and work together to create a financial plan for yourself. By putting your plan on paper then you will have your current situation, your financials goals and risk tolerance all spelled out for you. Now you can decide what products (stocks, bonds, mutual funds,etc.) match your needs.

If youre going to invest on your own then start slow. Put a big portion of the new money in solid mutual funds. If youre just starting to trade stocks then only trade a small portion of your money. Index funds are also a good option.

Theres a lot of free info and tools on the net. You dont need to pay for any sort of software at your stage. If you quit your job and managed your money fulltime then you might want to get some pro tools - same if you day traded.

BTW, what do you do for investing inside your registered account? You can always trade in there as well.

Hi Guys,

In the new year I'll be starting a new position that will pay me significantly more money. [Yea Me!] And it will not be going to the lovely SPs

I have always maxed out on my RSP's and have no room to put this extra money there. So... I want to trade in stocks and just getting started I need to do some research. I'll be investing about $30k/year.

I am looking for software that will help me screen stocks in the TSE, NYSE, and NASDAQ. I have dabbled in the stock screener at CNBC - [http://moneycentral.msn.com/investor/finder/customstocks.asp] - but that only screens for stocks in the USA.

Any ideas?

Thanks,

SQ

 

[Ginglay]

I am a very big fan of shareowners. They have an entire methodolgy of how to choose stocks etc. They have a software package as well as a bi-monthly publication of stock data that the software uses. They keep adding to the database which is now at some 6000 companies.

www.shareowner.com

 

[Bush League]

Whether you go through a discount, do it yourself, or full service broker, as a client you should have access to their software with no fee. I am a broker and all my clients are registered to use our site, while only a few take advantage of it.