Are you looking for the best financial tools to get ahead in life?
I’m asked all the time for tools, books, and websites that I use to champion my financial life. I’ve to admit that I wouldn’t have reached financial independence at the age of 31 without these resources.
I use them because they are the best out there; easy to use, solid results and best value for money.
Interactive Brokers – Low-Cost Online Brokerage For Buying Stocks and Bonds
For buying stocks, ETFs, bonds, and other international products in the market, you need a brokerage account. Interactive Brokers is my favorite being one of the cheapest trading platforms with a wide reach of International markets.
Personal Capital – Net Worth & Expense Tracker (Only for American Accounts)
This tool helps you to monitor your income, expense and net worth. It connects all your accounts offering an overview of your finances with a friendly graphic interface.
Remember: If You Can’t Measure It, You Can’t Improve It.
Trade Bench – Trading Journal
I use this online software to record all my trades. It’s essential because if you want to improve your trading and investments skill, you need to review periodically your trades.
It’s like cooking without a recipe. The dishes will be inconsistent and never test the best. Do you want to do the same with your finances?
Trading View – Stock Charts
Trading View isn’t only a stock chart but actually is a social network for traders. You can follow other traders, get ideas while sharing your ideas.
I personally use only the chart functions which are professional and easy to use. I’ve found other platforms hard to use, taking away the FUN of investing.
On the other hand, Trade View is intuitive offering a wide selection of drawing tools excellent for day and swing trading.
The Intelligent Investor – The Definitive Book on Value Investing
It’s a must-read for any first-time investor. Graham is the king of value investing who shaped Warren Buffet investing strategy at a young age.
You’ll learn how to value businesses so you can invest your money for the long-term. An effective strategy for people who want their money to work hard for them without the hassle.
How to Day Trade for a Living – A Beginner’s Guide to Trading Tools and Tactics, Money Management, Discipline and Trading Psychology
I bought this book to learn more about the day trading world. I found it easy to read with excellent personal example and charts.
I recommend it for any type of investors even if you aren’t interested in day trading. The reason is the excellent overview about trading psychology and money management which are two essential information if you want to be a successful investor.
The Millionaire Fastlane – Crack the Code to Wealth and Live Rich for a Lifetime
In one word: “INSPIRING”. Mj DeMarco is an excellent writer with a deep understanding of personal finance and the “How To” become millionaires.
No fluff, this book is solid knowledge cracking the code for wealth and financial freedom.