Everybody thinks they get the stock market right – just that only few get it right! While there are couple of sites offering investor advices on stock investing, there is always a scope for few more to play in this market.
Moneyworks4me is a Pune based startup that helps it’s users with sound advice and practical tips on stock investing. The portal provides adjusted vital financial data one requires to have a look before investing in a stock based on the principals of Value Investing. 
The site is essentially built on 2 golden rules:
- 1st Golden Rule: Invest in a company that’s worth owning forever
- 2nd Golden rule: Buy shares at 50% discount or lower and sell at MRP provided it gives minimum 20% compounded rate of return.
The product has couple of interesting features – for instance, ‘Screen’ will help you filter out companies (from a selected industry/sector) based on certain parameters like Net Sales, P/E Ratio, EPS and P/BVPS etc – so that you do can focus on the right set.
The team also wants to bring in collaborative angle to the entire stock buying decision with collaborative features like wiki, forum, blogs, community assessment etc.
The site is currently in beta state and has a free 21-day free trial offer – so the monetization is going to be via the subscription model.
Couple of feedback
- Features are loosely connected. There is no common thread among the features.
- Language is too technical and is fine if your TG is a high-end stock investor. But, if you want to make money via subscription model, open the gates to novice users and for that, use ‘English’ and not ‘stock’ languge.
- Given that the product is in it’s early stage, I am sensing bloated list of features that have been put up.
- Rethink about the subscription model. Without any strong credibility, one might have a tough time selling the subscriptions.
What’s your opinion on Moneyworks4me? Answer this – will you pay for subscription (i.e. see enough value) to the service? Why?
Startup in similar space: MoneyVidya
What about giving information in hindi and other languages as well, very few think on this direction ( i wonder Y??). You are doing business in India, you should speak Indian and this is required for non-English TG, which is quite large in India.
From About Us of moneyworks4u:
We came up with ‘Our way of making Sensible stock investing decisions’ to build wealth. The sound framework we found out was all about doing some homework to identify solid companies, evaluating the prices of the stocks, buying them at sensible prices and selling after you get desired returns.
Well, If you ask me to pay for such services, i wont. Why???????????
Because stock market is highly unpredictable event and likelihood of happening particular event is very less, whatever homework u do or build framework. Rediff, markethero,moneyvidya and all small player are doing same and SNR is less. There is no private (Insider) information, all information are public…so chances are less
@pluggdin regarding language being too technical, we have created an interactive ‘E-learning’ module which explains the ‘stock’ terms in layman’s language. I suggest everyone should go through it before using the website.
And @Kunalkant we are planning to translate this E-learning module to various Indian languages. Thanks for your suggestion.
It is the unpredictability of the market than helps an investor make great returns, if the market was always efficient everybody would get almost the same returns. But since very few people analyze stocks properly before investing, only a small number end up making their money work for them. Because, they invest with the understanding of what buy/sell prices make sense for a particular stock, based on its worth, irrespective of how the market prices it. Analysis is the key to success with any investment, whether stocks, funds or even investing in business projects.
And with analysis you are not trying to predict the market, but you are only making sure you get the best returns regardless of market behavior.
If you get on the road without having any destination in mind, you are obviously going to be lost.
The sensible investing framework at MoneyWorks4me.com helps you always keep that destination of great returns in mind while investing in stocks.
On the subscription based business model:
We will always have a free package available for the first timers. All our social features like, blogs, wiki, etc will remain free.
We believe a serious stock investor would not like the useless discussions that happen on other free site or the clutter advertising brings to the user interface.
And we think our ‘Evaluate’ Feature is worth a reasonable payment, especially from a serious stock investor’s perspective. It has adjusted 10 Year data for all listed companies and Price Calculator. The Price Calculator gives our guidance buy/sell prices based on our valuations and the scope to do your own what-if calculations. We provide a methodology that can be understood and applied for Indian stocks; and the data and tools and guidance to apply it.
Free software works because the variable cost of developing the software is very low. Our site is not charging the user for the software (tools) but for the adjust data which is difficult to find for and robust methodology and our guidance parameters and prices that do not vary by the day with market fluctuations, but changes only with company performance.
It seems interesting that MoneyWorks4me have such perspective towards making simple and understandable E-learning modules and investment decision.
Best of luck