Bangkok, Thailand, June 21,2024-Investing in the stock market can be rewarding but complex. Managing multiple accounts, tracking performance, and monitoring asset allocations are challenging without the right tools. A reliable portfolio tracker simplifies these tasks by providing clear, real-time insights to help optimize your investment strategy. A portfolio tracker consolidates your accounts, tracks performance, and provides asset allocation insights. Here are some of the best options available:
- Platform: Web, iOS, Android
- Cost: Free (Premium plan starts at $8/month)
- Portseido is best for investors who want to track, analyze and measure their portfolio performances. Dividend tracker is also a bonus for dividend investors.
- Empower is best for those who want to have all their personal finances (not just investments) aggregated in one place
- Sharesight is best for investors in the tax time
- Yahoo Finance is best for investors who want to get all information about stocks and other investments in one place
- Stock Events is best for dividend investors or other investors who want to keep track of important investment datesMore details on pricing
Portseido is a portfolio tracker that helps you track all of your investments in one place.It supports various asset classes and is utilized by investors in over 160 countries. The service is free for up to 50 transactions and one portfolio. For those who wish to track more transactions and have multiple portfolio views, a paid plan is available starting at $8 per month.Performance measurement and benchmarking
With Portseido, you can measure your investment performance using various metrics, including money-weighted return, time-weighted return, and simple return. This flexibility allows for a tailored analysis of your portfolio’s performance over any specified time period.
In addition to performance measurement, you can also compare your portfolio’s performance against preferred indices, such as the S&P 500, NASDAQ, or other relevant benchmarks. This feature helps you understand how your investments performed against the market and identify areas for improvement.
Track investments alongside personal financial goal
Portseido allows you to set personalized financial goals In this way, you can monitor your progress towards these goals in real-time and determine whether you are on track to meet these goals or not.
Built-in Dividend Tracker
Portseido also offers a calendar view of upcoming dividends schedule, allowing you to anticipate and plan for future income. Additionally, it provides estimates of your future dividend earnings from each position in your portfolios, giving you a clear picture of your potential returns.
- Platform: Web, iOS, Android
- Cost: Free
Empower, formerly known as Personal Capital, is the app to track your entire finances in one place. This includes not only portfolio tracker on your investments but also other personal financial accounts too including savings, credit cards and more.
Retirement planning
Empower offers a tool to plan for retirement planning. You just have to sync all your accounts into the app, and set up your expectations on retirement. Then you will be able to see the projected values and see whether you are on track to your retirements or not.
- Platform: Web
- Cost: Free (Premium plan starts at $7 / month)
- More details on pricing
Sharesight is a portfolio tracker that helps you track your investments from over 60 stock exchanges. The service is free up to 10 holdings and one portfolio. With the free version, you will only get access to a number of reports available. To increase such limits and unlock other reports, you will have to subscribe to the paying plan starting at $7 / month
Tax reporting
When it comes to tax time, Sharesight can help you enormously especially if you are based in Australia. With a tax reporting feature, you can calculate incomes and split them into different components easily and therefore can help you do most of the manual work in the tax time.
- Platform: Web, iOS, Android
- Cost: Free
- More details on pricing
Yahoo Finance is the all-in-one free to use app for investors around the world. The app has many features related to investing and one of them is portfolio tracker. The app is free to use although you can subscribe to a paying plan to get more information and deeper analysis on your investments.
News and Analysis
With Yahoo Finance, you can look into more details on each of your investments including price statistics, their financials and also analysts’ opinions. In addition, you also have access to news and press releases from companies you are investing in too.
Custom Alerts
Sometimes you have investments in your portfolio, and you may have actions that you want to do when prices have reached your target. You can utilize Yahoo Finance’s custom price alert features to do so. You just have to set specific price targets for your investments. Yahoo Finance will notify you when a stock reaches your desired price, allowing you to take timely actions.
- Platform: iOS, Android
- Cost: Free (Premium plan starts at $3 / month)
Stock Events app is the portfolio tracker app primarily focusing on tracking dividend and company’s events in the mobile app. The Stock Events app is free to use, but you can unlock more functionalities in the premium plan.
Event tracking
With Stock Events, you can track various important investment events in one place. These investment events include ex-dividend dates, earnings report dates, analyst’s decision change date and more. This allows you to stay updated on important developments that can affect your investments. In addition, you can also track important economic events too. This includes important economic announcements from central banks and other institutions globally such as interest rate changes, GDP reports, and other macroeconomic indicators that can impact market conditions.
Calendar Integration
With the premium plan, you can take a step further and sync all the events into your personal calendar too. In this way, you will be able to keep track of those dates in your familiar calendar apps including Google, Apple, Microsoft and more.
What is the best app to keep track of your stock portfolio?
All of the apps are capable of basic functionality in tracking and aggregating all the portfolios in one place. However, each of them specializes in different angles, and, in turn, is serving different groups of investors. Here is the summary of the best features of each product:
While these products each offer unique features and strengths, all of them provide free trials. This means there’s no risk in trying them out to see which one best suits your needs. So go exploring these options and choose the tracker that suits how you manage your investments.
Media info:
Name: Willam Sacks
Email: willamsacks@gmail.com
Adress: 12209 Mayfield Road, Cleveland, OH 44106, United States
