Author Topic: Investment Tracking Software  (Read 1944 times)

LAPORTS

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Investment Tracking Software
« on: March 28, 2017, 09:33:08 AM »
Hello All,
I was wondering what software or websites you all use to track your investments?

I've had a couple of free sites recommended (Mint, WiseBanyan, Personal Capital) but I'd like a Mustachians perspective.

Thanks

BarkyardBQ

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Re: Investment Tracking Software
« Reply #1 on: March 28, 2017, 09:43:04 AM »
Personal Capital is the way to go.

Spork

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Re: Investment Tracking Software
« Reply #2 on: March 28, 2017, 09:54:45 AM »
You'll find a hundred or more threads on this topic... it's pretty commonly asked.

I spent 25ish years as a computer security guy.  Maybe I am more paranoid than most -- possibly with good reason, possibly not.  I am NOT comfortable giving my financial information to a third party web site for login.  (I'd extend this feeling well beyond financial information.  I would never give any credentials to websiteA for login to websiteB.) 

I use gnucash.  It's free.  It will gently force you into using good accounting principles.  It will keep stock/fund/currency prices up to date.  It will do some amount of online banking -- though I cannot fully comment on this because I don't want it to do that for me.  (See previous paranoia.)  I would suspect the automatic online banking is not quite to the level of several other packages because the product is not developed in the US.  But I can't say I really know for sure.

I've been using it about 20 years.  It works very well.  Data files are written in XML and lend themselves easily to being parsed and doing all sorts of slick stuff on the back end.

Nothlit

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Re: Investment Tracking Software
« Reply #3 on: March 28, 2017, 11:48:12 AM »
I use a Google Spreadsheet which I manually update once a month. All I have to do is enter the number of shares I own for each fund, and then various formulas kick in to show me how much it's all worth and what the allocation percentages are.

neo von retorch

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Re: Investment Tracking Software
« Reply #4 on: March 28, 2017, 11:57:17 AM »
I wrote my own software0 - right now it just tracks transactions and balances, but in the future I plan to track asset classes / allocation.

0 https://fi.retorch.com/

Car Jack

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Re: Investment Tracking Software
« Reply #5 on: March 28, 2017, 12:09:07 PM »
I really like Excel.

I keep track of accounts: fund in each account.
balance
expense ratio
$ per year from expense ratio
overall asset class amount and percentage, asset allocation
total of all expenses

I also like that it's completely off line and I don't even store it on my hard drive, so Kim Jung Il can't easily find it and steal it.

markpst

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Re: Investment Tracking Software
« Reply #6 on: March 28, 2017, 04:06:09 PM »
A second vote for Gnucash.

I was using Quicken, but only had one year left before a forced upgrade, plus the possibility of it going to a subscription service since it has new ownership.

I also don't auto update my bank transactions.

MustacheAndaHalf

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Re: Investment Tracking Software
« Reply #7 on: March 28, 2017, 06:36:47 PM »
I've created a Google Sheet to track everything.  I don't reinvest dividends (since I want to direct where they go) so once in awhile I update the amount of cash sitting around, or what I purchased.  ETF and mutual fund prices are updated automatically.

For me re-balancing is more interesting than performance.  Sure, if U.S. stocks are suddenly a larger percentage of my portfolio I know they performed well.  But I don't like to get caught up in the performance numbers, so using a spreadsheet I can avoid showing performance numbers if I don't want to see them.