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Investing:
- How can I use Personal Capital to see how my investments have grown over a certain time period separate from my direct investments?
- How can I see how much fees have been taken from a specific account over a specific time period?
- Can you help explain the Holdings vs. Balances vs. Performance sections and how I can use them to understand my investments?
- Does the Retirement planner provide any value for FIRE folks? If yes, how can I set it up to better match what life will look like under FIRE? I feel like the numbers I get from the Retirement calculator are wildly different from what I'm getting off of FIRE calculators.
All in all, I wonder if I'm somewhat barking up the wrong tree with these questions. I may just need to dive deeper into general investment terminology and reporting to get a better understand of what I'm looking at and why it matters. But I'm hoping I can get a general idea of how this tool works to get a firm grasp on how my investments are doing, where my big fees are, and how much growth (or loss) I'm actually seeing from quarter-to-quarter and year-to-year.
1. The Holdings tab will give you some of that information. Go to Morningstar and look up the performance of that particular stock or index fund independent of the rest of your portfolio.
2. Under Planning you can use the Fee Analyzer to show you the aggregate of all of your expense ratios put together and how much of your stache is going to fees. You can also see fees paid per year by fund.
3. Performance is going to be your best measurement of progress. The day to day changes in Holdings doesn't tell you anything useful. Balances is similar to Performance, but is just a number representation while Performance is a line graph.
4. Don't bother with the retirement planner. There's plenty of more detailed apps and websites out there.
You're asking some good questions about what you should know about your investment portfolio; however, this isn't a site you should be checking very often except as an occasional "hmm, isn't that interesting." PC gives you the opportunity to obsess about these numbers on a daily basis. There's no need to do that. I look at it once a month to calculate my progress.