The start of a new year always brings about big dreams and big goals. Everyone has hope that the new year will be their year. They know though that they can't achieve their plans alone so many will turn to a stock advisor for help with their financial investments.
If you're the one that people turn to for advice here are some investing ideas that every stock advisor should know.
This is a common situation: you notice a stock is rising, so you purchase that stock. Then, the stock falls and you lose a lot of money.
It's a common mistake, especially for those who are new to the stock market.
Only investing in the stocks that are performing well, but ignoring factors such as data feed and trends. Identifying which stocks will make a profit is difficult, even for experienced players in the stock market.
Our mission at Intrinio is to power a generation of applications that will fundamentally change the way our broken financial system works. Intrinio data feeds form the basis of large enterprise business reporting applications, fintech web-apps, mobile apps and even blogs. It's rewarding to see our product come to life at the hands of today's most innovative developers. They are building powerful things.
We're lucky to be in a business where we grow together with our customers, and we're proud to show off their hard work. Each blog in this series will feature a developer or a startup that has leveraged our financial data feeds to build something incredible.
These are their stories.
Boy, Excel for Mac can be a real pain in the butt sometimes. In particular, refreshing data within a Mac Excel spreadsheet is near impossible.
This is an issue that many of our users run into. Thankfully, we've got two simple solutions for you, and this blog walks you through each one step by step.
If you want a quick, easy fix - use Method #1. It will, however, require you to follow the process each and every time you want to refresh your data.
If you have 5 minutes, scroll down to Method #2. This method will help you create a button, and it's as simple as that. To refresh your spreadsheet data, at any time - just click the button.
Remember, our team is always available via chat if you run into problems. We are here to help.
If you are looking to analyze financial data in R, the Intrinio API is a great solution. This article explains how to install a package that makes it easy to pull the data, shows some examples using the package, and provides the code for the package so you can see what is going on in the background.
Installing the Package
Becoming an investor is a great way to financial freedom. But only if you're making the right investments. There's great potential in this field, especially with all of the markets you can get into.
As an investor, you have to have a good eye and an ear close to the ground. This goes for whether you're investing in the stock markets, real estate or businesses.
The beauty of investing is you can potentially hit it big. But there's always the risk of a major flop. And this scares a lot of newbies.
How do you know when you're making a smart investment?
Well, in this guide, we will cover the essential tips every beginner investor should know. Let's dive in.
Intrinio provides corporate actions data for companies around the world with the help of our partner, Exchange Data International (EDI). A corporate action is any event that has a material impact on a company's shareholders and can include anything from a merger to a dividend. This article explains the corporate actions API, including important links to resources, what is included, how much this data feed costs, and how to access it via API.
If you are looking for real time stock prices, its important to get some clarity about what a stock price even is. This article explains why there can be multiple prices for the same stock at the same time, how those prices converge, and provides a guide for deciding which stock price is the right price for different use cases.
Why isn't there just one stock price?
Last week thousands of fintech developers scrambled to find a Yahoo Finance API replacement. Individual investors, startups, and even fortune 500 companies had taken advantage of this free service to obtain financial data like stock prices for their websites, intranets, and analytics applications.
Yahoo Probably Removed the Finance API for Financial Reasons
Yahoo hasn't disclosed why they canceled the API but we can be confident that money had everything to do with it. Yahoo is not a stock exchange nor is it a data provider. This means that Yahoo has to buy its stock data from at least one, if not several, data providers. When Yahoo contracted with these parties to obtain this data, their agreements included "redistribution rights".
Whether you are trying to avoid financial disaster or looking to think more successfully like a stock analyst, there is nothing more essential than the right financial data sources for managing money.
Even heralded investment guru Warren Buffett struggles. He talks about the importance of getting quality financial data sources.
Recently Buffett mentioned the issues Berkshire Hathaway has with "adjusted earnings." He encouraged companies to provide solid information.
Then again, the Oracle of Omaha places a lot of importance on collecting and digesting quality data. In fact, he devotes nearly 80% of his time reading.
Knowing where to find the best financial data sources is important. As is spending your time with the information.
Follow these guidelines and you'll be ahead of the market in no time: