Author Topic: Personal Capital for tracking investments  (Read 2386 times)

Greenbeard

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Personal Capital for tracking investments
« on: October 10, 2013, 12:05:56 PM »
I just started using personalcapital.com to track my investments a few days ago.  I've used Finance Works for 3 years now to track my budget, and it's great, but I wanted something that was better for tracking investing.  Mainly for showing me allocation across multiple financial institutions.

I use Vanguard plus I 'm forced to use Fidelity and Etrade by my company for 401k and stock plan.  This site can gather all my investment info and show me stock/bond/real estate/cash allocation across all investments.

I really like it so far BUT they assigned me a "personal financial adviser" who already called my cell phone.  He want to do some presentation on investment advice, which I declined.

I'm hoping that I can continue to use the tools there with out being pestered by these sales guys.

I've tried Mint and it's ok, about the same as Finance Works which is integrated with my credit union.

Anyone else been using this site for a while who can share their experiences?  How about other sites?

Undecided

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Re: Personal Capital for tracking investments
« Reply #1 on: October 10, 2013, 12:44:50 PM »
I just started using personalcapital.com to track my investments a few days ago. 

I'm hoping that I can continue to use the tools there with out being pestered by these sales guys.

Anyone else been using this site for a while who can share their experiences?

I've been using it for about 8 months. I ignored the first phone call from their adviser and haven't received subsequent calls, although I receive occasional emails. Not really a bother. I think it's a useful tool for seeing the aggregated information, and I like the fact that it shows my overall investment allocation in a reasonable level of detail (e.g., foreign and U.S. bond and stock allocation, with breakdown for large cap, small cap, etc.).
« Last Edit: October 10, 2013, 04:15:10 PM by Undecided »

vespito

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Re: Personal Capital for tracking investments
« Reply #2 on: October 10, 2013, 04:12:55 PM »
I used it briefly.  I did receive a phone call and an email.  I responded to the email that I was not interested in any management services.  Someone responded to my email and was very polite and I never heard back from them.  I don't use the service any more as it just didn't do much for me - all my accounts are with the same brokerage.  Still, they were friendly and respected my wished to not be contacted.

gecko10x

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Re: Personal Capital for tracking investments
« Reply #3 on: October 10, 2013, 05:19:58 PM »
They don't categorize my funds appropriately. SigFig does a better job for me.

tskipbarry

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Re: Personal Capital for tracking investments
« Reply #4 on: October 11, 2013, 11:25:54 AM »
I've been using personal capital for tracking investments from over 10 accounts for the past 6 months.  I think this provides a effective means for keeping daily track of multiple accounts without spending a lot of time.  I like the way they have organized the app on the iPad as well as the website.   Being able to track things at a moments notice is invaluable when you have other things to do and just want to check on the market and your investment.

It also helps to track overall allocation (in aggregate) for my ETF based strategy and allows you to drill down within each respective asset category to further understand how your assets are distributed within a group.

I also got a call and talked with a broker, but he has not called back - good for me.  I think they understand quickly who is interested in further help and who isn't.