If you’re just getting started in the stock market or someone who casually invests, having the right tools and information will make a world of difference in making sure you have a positive experience.
Knowledge is power when it comes to the stock market but learning the lingo and understanding all the new terms and concepts can be daunting.
Investagate is a must-have app for any new investors that want to get comfortable with the stock market and all the information needed to make sense of it all.
The app is off to a very good start but there are improvements that can be made.
Concept and Functionality:
If your goal is to learn about stocks and the markets you might go online and in your reading come across many foreign (to you) financial terms and even some explanations. The websites with the information you want, however, all have one thing in common. In order to be generally useful they provide universal examples for their website visitors. It’s then up to you to figure out how to apply this to the company you are researching.
Investagate sets itself apart by giving you an explanation of all the financial terms in detail and the example will always be based on the company you have chosen in the app.
All financial terms (items) are clickable and will open in the in-app browser explaining the term and what the term means for the company you have selected in the app.
The beauty of this approach is that it allows anyone regardless of their background to quickly and easily be able to analyze a company that trades on the stock market and the layout is easy to navigate.
If you’re just getting started as a market watcher or you’re someone who invests periodically or you’re researching a specific company, this app is quite useful for the data that most people want at their fingertips such as price, history, financial statements, etc.
The current state of Investagate is an excellent fit for anyone new to the world of investing. That said, there are some areas where the app could be improved.
We would prefer that users have a way of saving a list of stocks into a portfolio for quick access or to compare different investment strategies; the only saved list is recent search history. Also, you can’t search for a stock by its abbreviation, only the company name.
One other key feature that we’d like to see added is notifications. With the debut of iOS 10 and supercharged widgets and notifications, this is something that could certainly be a game changing differentiator for an app like Investagate.
Investagate is available to download from the App Store for free and is designed for iPhone. There are embedded ads, but I couldn’t find an option to disable them.
Overall, Investagate is a well-designed and useful app if you’re looking to quickly and easily find detailed information about stocks and is a great way to start on the road to being an educated investor.
Investagate requires iOS 9.0 or later and is compatible with iPhone, iPad, and iPod touch.
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What do YOU think? We’d love to hear your comments, try it and let us know!