We have all read stories about people who have experimented living without spending any money whatsoever. By growing their own food, washing in the river, using a solar panel to provide electricity, and bartering for certain goods and services, these adventures have met with limited success. However, for us mere mortals the simple fact is that we need money. Money to buy food, to purchase clothes, to pay our bills, as well as indulging in our other infinite wants and desires.
While it can be a struggle to make ends meet, it is possible to make life easier through better money management. Financial management is about planning income and expenditure and making informed decisions that enable you to survive financially.
If you are looking to make changes to your investment portfolio, there are a range of options available. You could use the services of an Independent Financial Adviser (IFA), contact your bank, or follow Warren Buffet’s advice and buy passive investment which seek to replicate the performance of a market index. Granted some IFAs are essentially glorified salesmen, only interested in earning the maximum commission and ranking just above estate agents. There are many IFAs who are professional and offer good tailored advice. But their services don’t come cheap.
Many investors prefer to make their own stock market investment decisions. This article focuses on the best free and open source software that help you make better decisions.
Here’s our recommendations captured in a legendary LinuxLinks chart.
Let’s explore the 6 stock market investment tools at hand. For each application we have compiled its own portal page, a full description with an in-depth analysis of its features, together with links to relevant resources.
|Stock Market Investment Tools|
|OpenBB Terminal||Python-based integrated environment for investment research|
|JStock||Makes stock investment straightforward|
|Chart Geany||Market technical analysis, charting and a portfolio manager|
|Portfolio Performance||Calculate the performance of an overall portfolio|
|MAS||Tools for analysis of financial markets using technical analysis|
|TradeSim||Test strategies without risk in a simulated market|
|Read our complete collection of recommended free and open source software. Our curated compilation covers all categories of software.
The software collection forms part of our series of informative articles for Linux enthusiasts. There are hundreds of in-depth reviews, open source alternatives to proprietary software from large corporations like Google, Microsoft, Apple, Adobe, IBM, Cisco, Oracle, and Autodesk.
There are also fun things to try, hardware, free programming books and tutorials, and much more.