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Small-Scale Question Sunday for April 7, 2024

Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?

This is your opportunity to ask questions. No question too simple or too silly.

Culture war topics are accepted, and proposals for a better intro post are appreciated.

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What is the best stock screening website, or collection of websites/apps to help pick stocks and stay afloat of news?

Cost is very relevant. If you have to pay 15 or 30 dollars per month for each of many websites, you'll eat up whatever extra % gain you get from using them to inform your picks, unless you dedicate a huge amount of money for this type of investing.

Tbh if you're at that level, the answer is probably "Please don't buy stocks, you're gonna get ripped to shreds by the professionals'. There's basically just two reasons why I'd say it's a good idea to buy specific stocks by yourself:

  1. You're a professional who knows the ins-and-outs on how everyone else does their stock picks, where they get their information from, and generally plays on an equal footing with them

  2. You're a domain-specific expert who is extremely bullish/bearish on a certain technology by a specific company due to deep knowledge that traders can't reasonable have

In the first you already know where to look, in the second you only want to trade on a short list of companies you know well anyway.

Disclaimer: Not a trader precisely for this reason

Yeah but the 8% avg/year virgin fund is too boring. I need to use some (10%) of my money to just play around with.