The Best Investment Calculators: Which One is Right For You?

When it comes to investing, a lot of people can feel intimidated. The truth is, there are so many different methods and strategies for investing. It can seem like there’s no way to know which one is best for you. Luckily, there’s a tool that can help you invest your money in the most effective manner: an investment calculator. Investment calculators will let you see how different investments will impact your financial future with numbers instead of just vague ideas about risk.

Are stocks riskier than bonds? How do stocks compare to real estate? An investment calculator can answer all these questions and more, letting you see exactly how much money you could potentially make from any given investment strategy. They also come in handy if you want to find a good balance between risk and reward—which is why we’ve compiled this list of the best investment calculators available today. Here are some useful features to keep in mind when researching an investment calculator:

What to look for when choosing an investment calculator

Before we dive into which calculators are the best, let’s cover some of the key features you’ll want to look for in an investment calculator. Investment calculators come in all shapes and sizes, so the features will vary a little bit from one calculator to the next. But, in general, they all have a few things in common.

  • What type of investments you can use the calculator for – One thing you’ll want to make sure of when choosing an investment calculator is that it can only be used for one type of investment. A lot of investment calculators can be used for both stocks and bonds, but some can only be used for stocks.
  • How the calculator works – The calculator itself is the place you input numbers and see the results. You’ll want to make sure the calculator you choose can accurately calculate the impact of different investment strategies on your financial future.
  • Your personal information – One of the most important things to make sure you can find in an investment calculator is the ability to protect your personal information. While it’s not always explicitly stated, you’ll want to make sure the calculator you use doesn’t store or share any of your personal data.

Read more:The Complete Guide to Reading Stock Charts for Beginners

How to use an Investment calculators

When looking into an investment calculator, it can be helpful to know the difference between a calculator and a simulator. A calculator will simply tell you how much money you might make from a certain strategy. A simulator, on the other hand, will give you a sense of the risk involved in that strategy. Simulators are useful, but that doesn’t mean you should use them as your only form of analysis.

They can be helpful for getting a rough idea of how much you might make from an investment strategy, but you should always consider the facts. The more facts you have, the better decisions you’ll be able to make. Investment calculators can be helpful, but they should ultimately be used as a complement to your own research. Simulators can be useful for getting a sense of risk, but they should never replace your own research.

The Best Investment Calculators

When choosing the best investment calculator, we had to narrow it down to just a few because there are so many different types of calculators out there. After some careful consideration, here are the top four investment calculators you can use today:

 

ETF Investment Calculator

If you’re interested in making investments that use Exchange Traded Funds, an investment calculator is a great way to see how they’ll affect your money. ETFs are baskets of different companies, commodities, or assets that investors can buy and trade just like stocks. There are many types of ETFs with different investment strategies, but one of the most popular is the ETF investing calculator. This calculator gives you a detailed look at how ETFs work and the return you can expect from them. Investing in ETFs is a great way to diversify your portfolio without putting all your eggs in one basket.

The ETF Investing Calculator from SmartAsset is our number one pick for ETF investing calculators. This calculator lets you see how much money you could make investing in a wide range of different ETFs.

You can also use an ETF investing calculator to see if it makes more sense for your specific needs. For example, an investment calculator can show you how an ETF that tracks the S&P 500 will do compared to a similar ETF that focuses on health care or technology stocks. You’ll be able to see what kind of return you can expect, how much risk there is, and how the investment might fit into your overall financial goals.

The Stock Investment Calculator

One of the best ways to get a better understanding of investing is to use a stock investing calculator. These calculators will let you see exactly how much you could make from any given investment strategy. This number may change depending on the stock market, but it will give you a very rough idea of what you could make.

Some calculators will also let you see how much you could lose if the stock market takes a dive. This can help you see the difference between a conservative and aggressive investment strategy. You can also use a stock investing calculator to see how much you might need to invest to reach a certain return. This will help you see how much risk you’re willing to take if you want to save money for a particular purpose.

The Stock Investing Calculator from SmartAsset is our number one pick for stock investing calculators. This calculator lets you pick the stocks you want to invest in as well as lets you see how much money you could make from each one. It also lets you see how the return of your investments will compare to your investment risk.

 

Read more:The Complete Guide to Reading Stock Charts for Beginners

Bond Investment Calculators

One of the most common investments for long-term savings is government bonds. These bonds provide you with a fixed amount of interest on your savings, which is great if you want a steady return on your money while letting you sleep at night knowing it’s safe and completely guaranteed.

– Best bond investing calculator – Our number one pick for the best bond investing calculator is the Bond Maturity from Mortgage Calculator. This easy-to-use calculator lets you pick any government bond and shows you the break-even rate, the total interest you’ll receive, as well as how much you’ll make in total with that investment.

– Best balanced bond investing calculator – If you want more information than what’s provided by the Invest Now calculator from TheStreet, you can check out our number two pick for the best-balanced bond investing calculator. This tool from LendingSpy combines a lot of the information from the Invest Now calculator, as well as shows you the impact each investment strategy has on your overall portfolio.

 

Read more: 9 Easy Ways To Save More Money Every Month

Real Estate Investment Calculators

Real estate investing is a popular way to make money, but it can also be a high-risk investment—and the best investment calculators can help you decide if it’s the right strategy for you. You can use a real estate investing calculator to see how much money you could potentially make in different real estate strategies. If you’re looking to become a real estate investor, you’ll want to look at a calculator that shows you how much you could potentially earn in a single real estate investment. You can use a real estate investing calculator to see what your single best real estate investment is, or what your returns would look like when you mix multiple investments together.

Best real estate investing calculator – Our number one pick for the best real estate investment calculator is the Rental Property Investing Calculator from Zillow. This tool lets you pick any real estate property you want to invest in, provides you with a lot of data to help you better understand each investment strategy, as well as gives you the opportunity to track your progress.

 

Summary

An investment calculator can help you find the right strategy for your money and help you pick an investment strategy that’s safe and guaranteed to make money. They can also help you pick a weighted investment strategy that’s most likely to help you reach your financial goals. An investment calculator can make investing easier than you might think—and they’re a great way to get started with investing.

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