Open Source Investment Tools
Posted by WebJivesGuy in 
Wisdom is the application of knowledge. This is especially true when it comes to investing. Many people who get started with investing make the mistake of not studying the markets and learning what they need to know for producing sound investments.
Don’t be a part of that group. Learn what you need to know with financial modeling training. If you’re serious about investing your money for the long term or short term, you can meet your investment goals with these open source investing tools.
My Money
www.mthbuilt.com – This program works with your online bank accounts and will help you to stay on top of your investments and keep all of your financial information conveniently organized in one simple and easy to read format.
NetWorth
http://sourceforge.net/projects/networth-java/ – With this tool you can balance your checkbooks, check your investments and manage your financial life all in one convenient and easy to use format.
Monex
http://sourceforge.net/projects/networth-java/ – Monex is another account management tool that will help you to consolidate all of your investment accounts in one simple and easy to read format that will save you time and money.
Before Using an Online Program Do This
- Verify – Make sure that the program you’re intent on using with be right for your needs by researching that program online through search engines like Google.
- Call your investment bank – The best person to speak with about open source investment tools is your own personal banker. Since most banks use proprietary software wouldn’t you want to use the same software they are using so everyone can be on the same page financially?
- Free vs. Paid – Sometimes it’s cool to use free, open source programs but it’s not always the best decision because paid versions tend to have more features and benefits that will help you with managing your investments. Paid programs also offer better levels of customer service and support than what you would find with free programs.