In order to grow your wealth over time, you need to invest some percentage, however small, of your income. And you have a number of options for doing so – an employer-sponsored retirement account, a personal IRA, ETFs, mutual funds, stocks, bonds, etc.
Many people will choose to have an experienced financial advisor manage their money or tell them where to invest. Often, the fees that they charge are worth the kind of expertise they offer, especially if you don’t have time to learn the ins and outs of investing for yourself.
But for those that would rather save the money and put in the work to manage their own investment portfolio, there are free tools available to help you out. This article introduces six such tools, from large brokerage calculators to visualizers and side-by-side comparison apps.