The current, burgeoning bear market is making a lot of investors anxious. However, knowing how to read the market and being prepared are the best tools you can employ when trading stocks. For instance, did you know that a market correction occurs about every two years?
You need as much information and knowledge earned from experience as possible when trading stocks. But, it also helps to have the right equipment to help you execute trades quickly. In a lot of cases older models of laptops have enough processing power to run trading applications well, but without the price tag of newer laptop models.
So without further ado, here is a very short list of the best laptops for 2018 for stock traders.
Best Laptop for Trading Stocks 2018
There are many kinds of laptops that are designed for stock trading purposes specifically. Generally speaking for a laptop to be good for trading it needs to have sufficient processing power, superior graphics displays, and enough memory storage to quickly execute your preferred trading software.
There are two in this list. They’ve been selected based on historical popularity in 2018, name brand recognition and hardware configuration. Here is the first of the two.
Acer Aspire E 15 – 8th Gen
This budget laptop is one of the best when it comes to owning one for your stock trading needs. The Acer Aspire E 15 has an 8GB DDR4 RAM that can accommodate MS Word, Excel, Google Chrome and many other programs. Its CPU is an 8th generation Intel Core i5-8250U processing unit.
You can augment available RAM space by adding a new slot which available with upgrades. The Acer Aspire E 15 also has impressive visuals bolstered by its HD IPS display system. Its 256GB SSD system starts up in under ten seconds. Its screen is about 15.6 inches wide and weighs just a little over five pounds.
You can also expect about 8 of battery life once it’s fully charged. Be advised that this laptop heats up a bit if you use it for gaming purposes for extended periods of time.
Get it on Amazon for about $400, here.
Lenovo Y700
Second on our list of the best laptops for trading stocks is the Lenovo Y700 has a 15.6-inch screen and incredible processing speed. This laptop’s processing power is powered by an Intel Core i7 6700HQ system. It has a GTX 960M dedicated graphics card with 4GB GDDR5 RAM. The Lenovo Y700 has over 16GB DDR4 RAM of space and a storage capacity of 128 GB.
This laptop also has double the RAM space of the MacBook Pro i.e. 16GB DDR4. It has the speed and processing power to keep up with your stock trading needs. The Lenovo Y700 is also great for gaming purposes as well. Its JBL speakers are loud and crisp in sound clarity.
It weighs about 5.7 pounds and is perfect for the home or office. This laptop is not optimal for excessive travel use, and it doesn’t have a Thunderbolt Port.
The laptop is available on Amazon for $499.00. You can get it here.
Opportunities Abound
The amount of money that flows through stock exchanges the world over totals over $80 trillion. The stock market always experiences highs and lows, but there is always an opportunity to make money if you make the right moves. Get the right kind of laptop to help you do that.
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Editors Update: If you’re interested in investing, you’ll need a brokerage account to actually buy and sell stocks. Slickdeals has a very nice review of brokerage accounts that pay you a bonus for signing up. You can read it here.
Editors update: 5/27/2020. This posting is a little bit old, but if you’re looking around at trading, you might consider following OptionsTradingIQ.com, its a neat little website run by a blogger called Gavin. I’ve been liking his insight and recommend you check it out.
Allen Francis was an academic advisor, librarian, and college adjunct for many years with no money, no financial literacy, and no responsibility when he had money. To him, the phrase “personal finance,” contains the power that anyone has to grow their own wealth. Allen is an advocate of best personal financial practices including focusing on your needs instead of your wants, asking for help when you need it, saving and investing in your own small business.