Investment tools your business should use

If your business is going to be doing any kind of investing then you are going to need to know that there are some investment tools available for your business to use that will help make managing your investments easier. The basic concept behind these investment tools is that they will allow you to look at your portfolio and track your investments whenever you need to. There are also tools that will allow you to trade your investments online. All of these tools are designed for you to use so that you do not need to use an investment broker to do the work for you.

Depending on what kind of business you have Yahoo! Finance might be perfect for your business to use as an investment tool. If you are a business that invests in stocks of other companies, you invest in mutual funds or if you trade stocks Yahoo! Finance can be a great asset to your company. You can also use Yahoo! Finance to keep track of personal finances, pay bills and prepare your business taxes through H& R Block. In fact Yahoo! Finance is one of the best investment tools that is offered on the internet for no charge.

Let's take a look at some of the advantages to using Yahoo! Finance as an investment tool for your business.

- Can create as many portfolios as you want and you can put as many stocks into the portfolio as you want. Because the site is fast it is a snap to update your portfolio throughout the day. Four different views for your portfolios:
o Basic: which includes Symbol, Name, Last Trade (With Time), Last Trade (Price Only), Change and Percent, Change, Volume, and Average Daily Volume.
o Fundamentals: Earnings/Share, P/E Ratio, Dividend Pay Date, Ex-Dividend Date, Dividend/Share, Dividend Yield, and Market Capitalization.
o Details: Bid, Ask, Previous Close, Open, Day's Range, and 52-week Range
o Portfolios: Shares Owned, Price Paid, Commission, Holdings Value, Day's Value Change, Holdings Gain and Percent, Holdings Gain, Trade Date, Annualized Gain, High Limit, Low Limit, Notes.
- Can add outside accounts to your home portal page
- You can personalize your home finance page and keep track of finance information in other countries.
- Can get financial information from mobile devices not just from your home computer. This way if you are on your way somewhere and you just remembered about a stock you wanted to sell you can sign into Yahoo! Finance from your cell phone.
- Yahoo! Finance also offers loan quotes for cars, car insurance, and mortgages. You can also prepare your taxes through Yahoo! Finance using H and R Block.
- You can download you portfolio into a spreadsheet format by turning it into an Excel file.
- Has a financial glossary where an average user can look up terms for finance, accounting and economics that you may not understand.

Another good investment tool that your business can use is FOREX, which is an international market where various currency exchange transactions take place.

- Can be found at www.marketforex.net
- Is focused on currency trading and is easily accessible to all who are interested in investing in Forex
- Real-Time quotes - updated quotes are available every second and the user has the option of keeping a check on their positions in real time 24 hours a day which allows the user to make decisions based on current information
- Leverage - MarketForex offers a high leverage 100:1, which gives the user more buying power than what they would normally have because it increases your total return on investment. But the leverage can actually go up to 400:1
- Instant deposit - you can use your credit card or paypal account to finance your account and start trading immediately and your personal information is protected. And you can open an account with as little as $25.
- Personal account management - there is always somebody available for the users to get help; representatives are available by phone, email or online chat 24 hours a day seven days a week. You will also have an Account Service Manager that will be appointed to work closely with you.
- No hidden fees or costs - meaning that they do not charge a commission on any of the deals that you make. They instead make their profits on the bid/ask spreads embedded in the currency rates
- Interest - you can also earn rollover interest
- Free practice accounts - this is a great feature in case you are new to the currency trading market. It allows you to practice without losing money.