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Is There Software Available to Assist in NAIC's Method of Stock Selection?

Q. Is there suitable software available anywhere to assist in implementing NAIC's method of evaluating stocks?

A. NAIC sells three separate programs that have been created to aid in stock analysis using the Stock Selection Guide: NAIC Investor's Toolkit, STB Stock Analyst Plus, and NAIC Classic.

NAIC Investor's Toolkit is an excellent software program for stock selection and analysis. The manual alone is an invaluable teaching aid. STB Stock Analyst Plus provides advanced analysis techniques and additional functions for stock analysis and portfolio management. And NAIC Classic is a teaching tool, complete with wizards that can be disabled as you grow proficient with the software and the investing methodology behind it.

You can learn more about the programs on their various web sites, as well as download demo versions so you can choose the best program for your tastes and needs.

Doug Gerlach is ICLUBcentral's Investment Club Therapist, helping clubs and their members to operate more efficiently and more harmoniously. Doug's latest book, Investment Clubs for Dummies is the ultimate guide to starting and running a club, packed with tips and insight about club operations, education and investing. He is the author of several other popular investing books, including The Complete Idiot's Guide to Online Investing and The Armchair Millionaire. Doug has been a member of the NAIC Computer Advisory Group's Board of Directors since 1995. For more of Doug's advice on online investing, visit DouglasGerlach.com.

Got a question about investment clubs? Ask Doug!



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