MSN Money is a collection of tools and utilities that are created to assist the users and investors in different spheres of their financial life. Everything from market trends to how best to manage your own money can be found in MSN Money ensuring that you always have the latest information at your fingertips. This article is an MSN Money tools map that offers a detailed discussion on how to operate this resource.
1. Market Overview
Real-Time Stock Quotes
MSN Money gives real time stock quotes hence you are able to access the current stock price of your preferred company. This feature is especially important for those investors who require real business conditions for making quick decisions.
Market News
Use up-to-date information about the market. MSN Money pulls together news from other credible sources so that you receive all round information regarding the trends prevailing/occurring in the market and those affecting the monetary system.
Indices and ETFs
Monitor popular indexes which include Standard and Poor’s 500, NASDAQ, and Dow Jones as well as numerous ETF. This tool helps one to determine the overall performance of the market and come up with trends.
2. Portfolio Management
Portfolio Tracker
Portfolio Tracker helps to check what investments you have. It is over the performance of the stocks, mutual funds, or other investment that you put in your portfolio.
Watchlist
Build a list where you monitor the prospects of becoming an investment. Included in the ‘Watches’ tab is an ability to track other securities, which you find interesting, by getting notification or update.
3. Personal Finance Tools
Budget Planner
The Budget Planner tool assists in creating and maintaining a budget, and mailing the budget to the specified email address. An economic simulator is another feature where one can enter their income and expenditure for the simulation to show how the money is being spent and potential cuts that can be made.
Retirement Planner
Lay down your plans for your retirement with the Retirement Planner. This tool is used to estimate the amount of money you require to save for your retirement out of the current available amount and expected age of retirement among other factors.
Savings Goal Calculator
Enter the parameters for your savings with the Savings Goal Calculator and set the target amount for the day. No matter if you are building up your vacation fund, money for the new car, or an emergency fund, this tool is helpful.
4. Financial Calculators
Mortgage Calculator
The Mortgage Calculator is one among the Mortgage decision tools that assists you to estimate the monthly payment of the mortgage by entering the amount borrowed, the interest rate and the period of mortgage. Promising prospective clients who want to take up a house is a very useful tool.
Loan Calculator
Find out your monthly repayment for the loan with the help of the Loan Calculator. Enter the loan amount, interest rate and number of terms and be in a position to know how much you will be required to pay per month and for the entire period of the loan.
Investment Calculator
Investment Calculator serves the purpose of allowing you to foresee your future investment yields. They allow you to enter your initial deposit, desired annual interest rate of return, as well as the years of investment to get an estimate of how much your money will be worth.
5. Research and Analysis
Stock Screener
The Stock Screener makes it easier for individuals to search the site using specific characteristics such as the market capitalization, P/E ratio, dividend yield and many others. This tool assists you in searching for potential investment opportunities which are within your desired characteristics.
Mutual Fund Screener
Like the former discussed tool, the Mutual Fund Screener allows you to find mutual funds that best fit your investment profile. Find equity funds based on performance, fees, and other useful criteria in the selection of the best mutual funds.
Currency Converter
Use the Currency Converter tool to change the given currencies. This is especially helpful to anyone in the course of their traveling or even for the investors who engage in international business.
6. News and Insights
Top Stories
Be current on the latest in breaking financial news articles. MSN Money compiles news from various sources so that you receive the most significant events.
Expert Analysis
Read the opinions of specialists regarding the state of markets, investments, and the economy. They offer you further details to make a better decision in the comfort of your home.
7. Alerts and Notifications
Price Alerts
Save Search and set up an alert for stock prices and all other related securities. It sends signals to the trader when a particular stock is at a specific price and therefore enables the trader to act as required.
News Alerts
Be informed of top events that are likely to have an effect on your investments. News alerts make a point of seeing to it that you do not miss out on any important news.
Conclusion
MSN Money business tools focus on all types of requirements starting from basic personal finance to professional money analysis. When it comes to using these tools, you get informed, can make sound financial decisions, and thus obtain your desired financial goals. Whether this is your first time investing, or if you have been an investor for many years, with MSN Money you get tools which will help you in the confusing world of finance.