šø Hermit Tools & Offers š§āāļø
Sharing the tools we use to get the most out of the game of games
My dear fellow Hermits š
Iām releasing a list of tools that may help you research companies, analyze stocks, or get the most out of your next financial adventure. This is a dynamic post, meaning it will be updated periodically to include new and better offers.
Tikr Terminal is an all-in-one financial data platform that provides investors with comprehensive access to global company financials, detailed analytics, and robust valuation tools.
At š§āāļø The Hermit, we use this tool every time we seek both basic and advanced financial information on a company.
Whether you're conducting in-depth stock research or building investment models, Tikr Terminal delivers reliable data and advanced screening capabilities, empowering both individual and professional investors to make smarter investment decisions.
Sign up for Tikr here
Edmund SEC offers financial data and analytics services through its AI-powered search tools.
Their platform provides access to earnings transcripts, company documents, and allows data downloads to Excel.
The company's goal is to simplify finding and analyzing financial information for investors and analysts.
Sign up for EdmundSEC here. Try out the full version for free with the 7-day trial, and get 15% off your subscription by using this link
TradingView is a web-based platform that provides financial visualization tools, technical analysis, and social networking for traders and investors. It allows users to create and share charts and ideas, offering an array of advanced charting tools and real-time data from various markets, including stocks, forex, cryptocurrencies, and commodities.
How to Use TradingView: A Step-by-Step Tutorial
Sign Up.
Sign up for TradingView here, itās completely free but if you like the premium features you can get 60% off by using this link
Explore the Dashboard.
Once logged in, you will see the dashboard, which includes a watchlist, chart, and ideas from other traders
Set Up a Custom Watchlist
Select ticker symbols (e.g. NDX for NASDAQ) and add them to your watchlists
Set Up a Custom Chart
Click on "Chart" in the main menu to open the charting tool
In the top search bar, type the ticker symbol and select it from the dropdown
Customize the Chart
Use the toolbar on the left to add drawing tools and indicators
Use the toolbar at the top to change the chart type (e.g., candlestick, line)
Technical Indicators
Click on "Indicators" at the top of the chart. Search for and add indicators like Fibonacci, Support/Resistance, Trends, Moving Averages, RSI, MACD, etc.
Save and Share Your Chart
Save Your Chart. Click on the "Save" button at the top to save your chart setup
Share Your Charts and Ideas. Click on "Share" to generate a link or export your chart as an image
What is Wise?
Wise, formerly known as TransferWise, is an international money transfer service that aims to provide a cheaper, faster, and more transparent way to send money abroad.
Sign up and start saving on fees on your next trip abroad
How Does It Work?
Wise uses a simple and effective system that makes it different from traditional banks and other money transfer services. Instead of sending money across borders, Wise matches transfers with users going in the opposite direction.
For instance, if someone in the UK wants to send money to the US, Wise finds a user in the US who wants to send money to the UK. By keeping transfers local in each country, Wise avoids high international transfer costs, like SWIFT fees and bad exchange rates. This peer-to-peer method lets Wise offer exchange rates close to the mid-market rate, usually better than what banks and other services provide.
Key Benefits
Cost Efficiency. Wise saves users money by offering low fees and mid-market exchange rates, unlike traditional banks that charge high fees and offer poor rates.
Speed. Wise processes transfers much faster than traditional banks, often within one to two business days, with some transfers happening almost instantly.
Transparency. Wise clearly shows all fees and exchange rates upfront, so users know exactly how much money will be received.
Convenience. Wise's user-friendly website and mobile app make it easy to send money, track transfers in real time, and set up recurring payments.
Multi-Currency Accounts
WiseTransfer supports transfers in over 80 countries and offers multi-currency accounts, letting users manage money in multiple currencies. This is ideal for freelancers, businesses, and frequent travelers. With a Wise multi-currency account, users can receive payments in various currencies, convert money at good rates, and use a Wise debit card.