{"id":18323,"date":"2021-11-04T20:08:16","date_gmt":"2021-11-05T00:08:16","guid":{"rendered":"https:\/\/wealthbytes.co\/?p=18323"},"modified":"2021-11-04T20:08:18","modified_gmt":"2021-11-05T00:08:18","slug":"investing-tools-for-successful-investors","status":"publish","type":"post","link":"https:\/\/wealthbytes.co\/investing-tools-for-successful-investors\/","title":{"rendered":"8 Best Investing Tools to Become a Successful Investor"},"content":{"rendered":"\n

We all know that the secret to becoming a successful investor, you must \u201cbuy low and sell high.\u201d But if you\u2019re like most investors, you don\u2019t always know when it\u2019s a good time to buy a particular investment. With the best investing tools, you can easily make sound investments that help you build long-term wealth and minimize your investment risk.<\/p>\n\n\n\n

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Even professional investors rely on investing tools to determine when to buy (or sell) an investment. The following recommendations can help you create an online investing toolkit to examine your current portfolio and pick future investment winners.<\/p>\n\n\n\n

After all, most people don\u2019t become a millionaire<\/a> through good luck. Whether you\u2019re a DIY investor that wants to begin buying individual stocks or you want to stick with index funds, these investing tools will boost your investing confidence instead of trading on emotion.<\/p>\n\n\n\n

Best Investing Tools for Beginners<\/h2>\n\n\n\n

These tools are going to be for DIY investors that like to make your own investments. Whether you make every investment decision, or you want the help of an online advisor to manage your portfolio, the resources below can benefit any investing strategy.<\/p>\n\n\n\n

Motley Fool Stock Advisor<\/h3>\n\n\n\n

There\u2019s a good chance you\u2019re not a full-time investor, but you don\u2019t want to pay an advisor to manage your account. This is where Motley Fool Stock Advisor<\/a> comes into the picture. You can get expert investing advice without spending a small fortune to receive it.<\/p>\n\n\n\n

Each month, you get two new stock recommendations from brother Tom and David Gardner that you can buy to earn long-term gains. If it looks like one of the recommendations doesn\u2019t look like it\u2019s going to outperform the market for the next three to five years, Stock Advisor tells you when to sell.<\/p>\n\n\n\n

With each recommendation, you get a detailed analysis of the potential upside and risks with each stock.<\/p>\n\n\n\n

Stock Advisor also makes it easy to buy your first stocks or add to your current portfolio. Their recommendations are broken down into two separate categories:<\/p>\n\n\n\n