Learn to Invest Wisely With This $120 App Find out how this app could help you generate passive income for your business.
By Entrepreneur Store Edited by Jason Fell
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Recent estimates from LinkedIn say it can take up to four years for a new business to become profitable. In that time, you as the business owner may be putting everything you have into your work, but that does not leave much room for growth.
Instead, you could start investing in the stock market to generate passive income for yourself and to fund new growth for your company. Aim to invest wisely by checking stock risk summaries on Tykr, a stock screener app with a lifetime subscription on sale for $119.99 (reg. $900).
Assess the risk factor for thousands of stocks.
Tykr cannot guarantee an investment will earn you money, but it can provide risk assessments based on open-source calculations that you can factor into your investment plans. Tykr supports more than 30,000 U.S. and international stocks and provides multiple levels of analysis for each one.
This easy-to-use stock screener generates a stock summary, score, and margin of safety for each supported stock. The summary is an overview which shows if a stock is on sale, should be watched for price changes, or if it's overpriced. Before investing, make sure to also check the safety score to determine the financial strength of a stock.
The Margin of Safety shows the difference between share price and sticker price and shows your potential returns. All of this is based on open-source calculations that you can check. Tykr is an educational tool that could save you time in your investment research, but what shares you purchase is always up to your judgment. Based on your investments, your business might have a bright future.
Save on a lifetime of Tykr Stock Screener.
Automatically get a detailed breakdown on the investment potential for tens of thousands of US and international stocks.
For a limited time, get a lifetime subscription to Tykr Stock Screener on sale for $119.99 (reg. $900).
Prices subject to change.