 Are you a beginner looking to start investing in 2023 but don't know where to start? Look no further! Because in this video, I'm going to cover top 10 investing tools for beginners in 2023 that will help you stay back in control of your finances and start investing like a pro. Hi everyone, Chloe here and welcome back to my channel, the only one place for you to learn about stocks investing as an option. If it's the first time of you coming to my channel, remember to hit the subscribe button as well as the notification bell so that you will not miss out any of my future investment updates. An early thumbs up is also appreciated because I will tell you two algorithms that you find this really helpful. In return, I will share with you the top 10 investing tools in 2023. I feel you investing can be a daunting task, especially if you're just starting out. But with the right tools, it can be made simple and efficient. And that's why in this video, I will be discussing the top 10 investing tools for 2023. So sit back, relax and let's dive into the investing world. 2. 1. Chat GPT When it comes to investing, one of the most daunting tasks will be to research on the company. There are tons and tons of information out there. How can we quickly get the right insights so that we can get started our investing journey quickly? Using Chat GPT might just help you to solve this problem. Funded by Microsoft, Chat GPT is an artificial intelligence chatbot that has the capability to summarize for you the most crucial information from the vast amount of information out there. For example, lately I want to do a comparison between JD and Alibaba. So I asked Chat GPT what are the key differences between these two companies and within a few seconds, the answer came out. If I were to individually research on the business models of each company, it would probably take me an hour or so. But right now, I get the summarized key pointers within a few seconds. By the way, lately I also did a deep dive analysis on Alibaba. If you wanna find out whether it's time to buy or sell Alibaba right now, check out the video right here. However, there's certain downside to using Chat GPT. Firstly, the information is not the most updated as they can only provide you insights up to year 2021. Secondly, it's still an AI chatbot and that's why the information provider may not be accurate all the time. So it's also important for you to double-check the information found on Chat GPT with the help of Google as well. Nevertheless, it gives you a very good starting point and saves you a lot of time when it comes to research. Top 10 investing tool number two, Morning Star. Morning Star is a research firm that provides independent analysis and ratings of mutual funds, stocks and ETFs. Although it has a free version, I particularly enjoy the paid version because it shows very in-depth analysis of individual companies. For example, not only does it share with you the business strategy and the outlook of the company, it even breaks down the economic mode for you. It also elaborates on valuation and the right price to buy as well as the reset the company is facing. Such a detailed analysis would definitely give you a much better understanding towards individual companies within a short period of time. Plus, the information is updated every single quarter after company's earnings, making it a super valuable resource for investors. One downside to it is, the paid subscription costs about $250 per year. But I think it's definitely useful for investors who are serious about understanding what they are investing in and want to save time in the research process. Top 10 investing tool number three, ROIC.AI. If you are an investor who loves crunch number, this website will be very useful for you. It's a free website that provides you up to 15 years of financial data for US listed companies and if you prefer seeing the data visually, you can even navigate to the financial tab and get all the financial insights in a simple chart. You can also get the latest earnings transcript from the website as well as the latest news at a quick glance. Really useful, isn't it? However, this website only provides free information on the US listed stocks. If you want to research on companies from different countries such as Hong Kong, Singapore, then you will need to pay for the data. But fret not, I'm going to share with you another free website where you can get all this information free of charge as well, which leads us to top 10 investing tool number four, jita.com. Similar to ROIC, jita.com provides financial information of up to 10 years of track record and you can use this to research on companies from various countries such as US, Japan, China, Hong Kong, Singapore and more. One more bonus point is that it even provides quarterly financial results for the past one year, which is only available to pay ROIC.8i user. On top of that, you can use the jita line to gauge whether it's a company undervalued or overvalued based on jita's valuation metric. But the drawback is the information provided inside this website may not be accurate all the time. So it's always good to double-check with other websites, top 10 investing tool number five, gurufocus.com. Not only does guru focus provide you a quick glance of the investment metrics, it also helps you to peek into the guru's portfolio such as Warren Buffett. Using this website, you can look into Warren Buffett'sfecture half-day portfolio completely for free. You can see the latest trade transacted by Warren Buffett, the price that he bought and sold, so that you can use Warren Buffett's portfolio as a reference to build your own portfolio. Although gurufocus also has paid subscription that provides you more updated insights, it's not necessary for you to do so because you can still assess Warren Buffett's portfolio with the free model. So with all the investment research tools at your fingertip, the next thing to know is where to invest. So here comes our number six, WeBoo. WeBoo is a commission-free stock trading app that is super easy to use. It also provides you with real-time market data as well as a lot of useful complete insights such as RE, RA, EPS and more. It also gives you an analyst rating based on different analysts, so you can see their views onto the stock that you are interested in right now. Furthermore, you can enjoy commission-free for both stocks and options right now and investing using fractional shares with as little as $100. Regulated by the Monetary Authority of Singapore, investors are also protected up to $500,000 of their portfolio. Right now, if you open your WeBoo account via my link below, you will even get free shares of up to $500 with any amount of deposit. That means you can even deposit $0.01 to get these free stocks. That's at least a 5,000% return just by funding and opening your account. Offer expiring soon, so click on the link below so that you can get your free stocks. Top 10 investing tool number 7 TD Ameritrade Established in 1999, TD has a very long history and it provides very advanced tools especially for those who want to specialize in options. In fact, this is one of the tools that we demonstrate in our 3-day option class so that we can use this platform to teach our students step by step how to initiate their first option trades. But brokerages like this is just a tool. Most importantly, to start investing safely, you need to get yourself educated first. Just like driving, a car is just a tool. It's a skill set of the driver that matters the most. So if you want to learn how to drive this option vehicle safely and learn different option strategies to profit and even protect your portfolio regardless of market conditions, then make sure to join us in our upcoming free to our next level masterclass. Just click on the link below to register for your free spot and get started your investment journey. And if you are doing options, definitely you will be looking at charts and that's why I'm going to share with you top 10 investing tool number 8, Trading View. This free website allows you to do all the technical analysis easily by providing you many free indicators for you to use. You can use three free indicators at the same time and the charts that you draw are automatically saved. You can even create your own portfolio watch list so that it saves you a lot of time when it comes to revising the chart. However, for investors who require three or more indicators, you can consider upgrading to a paid plan but I personally just stick to the free version because it's more than sufficient for me. Now we have gone through so many different investing tools but you may be thinking but I only know that few companies how can I expand my investing horizon so that I know what to invest in? So here are the final two investing tools that can help you with more investment ideas. Top 10 investing tool number 9, Podcast Business Wars. Business Wars is an investing podcast that explores the fierce competition between some of the world's most famous companies. Each episode would delve into the competition between two different companies such as McDonald versus Burger King, Nike versus Adidas and Apple versus Microsoft. I personally find the podcast super engaging and I manage to get a lot of investment insights just by listening to the podcast every day. You can listen to Business Wars for free in different podcast platforms in Spotify, Apple Music, Amazon Music and more. Here comes the top 10 investing tool number 10 which is my own Telegram channel. If you have been following my Telegram, you know that I constantly post a lot of investment insights over there. For example, last year I shared Warren Buffett bought TSMC at $82 but I saw it as an opportunity because when I shared that post, TSMC was only at $78. So if you actually took action back then, you will see a handsome profit despite of the recent drop. So if you want to continue your learning journey, then do join the rest of the 5,000 active members inside my Telegram channel. And the best part is, it's also free! Just click on the link below to become part of the Alligator Investor family. So in summary, here are the top 10 investing tools in 2023 which one is your favorite? If you are using other tools that you find it useful as well, feel free to share with me in the comment section below so that I can learn from you as well. In the meantime, check out some of my videos right here to learn more about different stock dice set as well as different option strategies. If you like this video, remember to give it a thumbs up and share it to your friends to inspire them to start investing safely as well. With that, I will see you in the next video. Aligato!