I’ve used Morningstar’s basic portfolio for many years as a quick way to check my portfolio balance at the end of the day. I’m getting messages now that they are going to drop all free services soon. Premium services will be $250 a year. I might be willing to pay a modest amount to keep my portfolio with them but their premium service isn’t worth the price of me. Are there any other free sites to monitor the portfolio that update prices for stocks and funds soon after the markets close?
Are there any other free sites to monitor the portfolio that update prices for stocks and funds soon after the markets close?
Went through that a few years ago when Yahoo did an “enhancement” to their portfolio tool that made it essentially useless. Looked at a few others, none of them very good. I have been using various online portfolio tools for 20+ years, most of them only work for a few years then they screw it up or drop it.
Somebody recommended google spreadsheets. That works very very well. I can set up my portfolio(s) myself, keeping track of dates & buy price, gain, notes, etc.
Automatically gets (most) quotes, updates every ~15 minutes. Ones that it doesn’t get, you can set up a formula that will grab it from other sites, like Fidelity, Tiingo, etc. Even Yahoo.
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Are there any other free sites to monitor the portfolio that update prices for stocks and funds soon after the markets close?
I have accounts at Fidelity and Vanguard. The Vanguard site let me put in what the Fidelity holdings are, so when I check the Vanguard balance, I can see the Fidelity holdings as well. It just tracks shares and share price, so if you get dividends and buy more shares, you need to update your holdings. It works formy purposes.
Went through that a few years ago when Yahoo did an “enhancement” to their portfolio tool that made it essentially useless. - Rayvt>/I>
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I was using Yahoo Finance and was quit happy with it for years. Then the “enhancement” you mention arrived and ruined it. That was what drove me to Morningstar.
I have been happy with Morningstar for many years but I too refuse to pay $250 per year for their Portfolio service. So I looked around and tried Marketwatch. You have to set up an account before you can see what it actually does, so I did only to find it does very little, so it was a No Go. Google was a non starter because, well it is Google. Same for MSM.
Anyway, I went back to take another look at Yahoo and somewhere over the years, they corrected their “enhancement”, and made other improvements where now it is quite useful. And when I checked I found that it still had my portfolio holdings as they existed ten or more years ago when I left, so all I had to do was update the share counts and a few other adds and drops.
One of the best things I found with Yahoo is that you can customize your view by picking from a long list of data points you want to show for each holding. So in addition to basic share price, daily gain in dollars and %, and life to date gain in $$ and %, I added forward annual yield, 50 and 200 DMA, and a notes filed where I can indicate whether the holding is in my IRA, ROTH, or Taxable account. There are lots of other data elements to choose from besides the ones I mention here. And you can have multiple portfolios. All I have set up for now is my actual holdings. I still have to create a new portfolio for my watch list. I also have a portfolio of things I sold over the years. I can look at that and see how stupid it was to sell something that soared after I sold it. I don’t look at that portfolio very often .
Yahoo Finance, as it exists today, is worth checking out.
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unless you have stock certificates, my guess is you have a brokerage account somewhere. Use that since you already are paying for it with fees & hidden expenses. Another option is get Quicken - will cost you about $50 a year for the subscription - well worth in my view. I also use it to track my spending. Makes life easier at tax time.
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I get stock quotes from there sometimes. Also google finance. What features to you find most useful there? The main page is just financial news.
Another option is get Quicken - will cost you about $50 a year for the subscription - well worth in my view. I also use it to track my spending. Makes life easier at tax time.
If your financial institutions support it, Quicken is great for tracking your investment transactions and investment values. I’ve used it for years. The cost depends on whether you want Quicken Deluxe, Quicken Premier, or Quicken Home and Business. The last is only available for Windows.
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I get stock quotes from there sometimes. Also google finance. What features to you find most useful there? The main page is just financial news. - 1pg
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You have to have a yahoo userid to set up a portfolio. Easy enough to set up, the usual process.
Click Portfolio after you get to the main Yahoo Finance Page. Then you will see the options to set up a new portfolio. I recommend setting a one stock portfolio and play around with the various views including creating your own custom view.
I put most of the things I like about it in my OP. Not mentioned is the site tracks multiple lots and maintains your average basis for you. Also it is easy to re-order columns and re-order the holdings in your portfolio using the view customization feature. It also provides a automatic news feed for the holdings in your portfolio.
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I’ll also chime in for Quicken. It’s a great financial tool, and there is also a companion mobile app (free with Quicken subscription) that is getting better with each release.
Best!
'38Packard
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Morningstar has needed competent management for years. There are some things I like but in general the web site and their services are lacking. A few years ago I signed up for a discounted premium 1 yr service and then when it auto renewed at a much high price, the only way to cancel was via a phone call which seemed crazy.
Stock Rover has free and paid plans but may not do what you want. I’m not sure why anyone needs to check the balance on a daily basis.
I’ve been using Yahoo Finance a real long time…it does what I want need.
I used Morningstar a long time ago and found it tedious to enter all the stocks I had, they had a limit on how many stocks in a portfolio. I remember paying money for one of their services and I called to cancel and was given some guff on the phone about it, like how dare I cancel! Yeah, well bubbye!
Lucky Dog
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