InvestoCalc is an easy to use educational tool for new investors! It helps to teach the real effect of trading fees by calculating the percent growth needed to offset them. This app was inspired by my own mistake that I made when I first invested in the stock market: I used most of my capital to buy into one company and then used the remaining cash to buy one $40 share of another company with a $20 fee. What I didnt realize at the time was that that one share would have to grow by 50% just to break even! This app sets out to ensure this never happens again!
Currently InvestoCalc can:
-Calculate the growth need for a given number of shares to make up for the fees of purchasing it
-Calculate the number of shares needed to offset the fees, given projected growth of the share