Thanks to the first commenter on my blog, I was referred to icarra.com, a free portfolio tracking site. It's my first hour using it, but here's my Scottrade IRA account. I'm a Motley Fool subscriber, so pretty much my whole IRA contains picks from them. But back to Icarra.
Icarra gives me a portfolio breakdown by sector, so I can see where I might be overweight. I share my portfolio by NAV, which means now my whole IRA looks like a single Mutual Fund for the public to track as well. I don't know the mathematics behind NAV calculation, but Icarra makes it easy.
I imported my Scottrade transactions via .qif (Quicken). However it's a beta feature for Icarra currently, so all my Sell transactions had double-negatives, which treated them as positive cash and positive share additions. So I had to remove all the '-' symbols in the Sell transactions that were imported.
Icarra doesn't understand my Call/Put options, but that's small $ so I didn't worry about too much. Overall, the web site is a bit plain, but gives me a good tracking method for my portfolio. I might start using this over Cake in order to watch my taxable investment accounts as well, and comparing them with the S&P 500.
Apparently, Icarra also doesn't show the current day's performance until later in the night? The markets are closed after a huge rally today (4/1/2008), but I can't get it to show me performance statistics past 3/31/2008.
Tuesday, April 1, 2008
Icarra.com portfolio tracking
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2 comments:
Glad you like icarra.com, it's worked well for me. You are correct, it only does updates overnight, which has cured me from obsessively checking performance every afternoon. Of course, now I obsessively check performance every morning. :-)
Like you, I am a Motley Fool subscriber (Stock Advisor), and make purchases from this in a number of accounts - a taxable account, 2 IRAs, 2 Roth IRAs. The great thing about icarra.com is you can set up different portfolios for each real account, then create what it calls a combined portfolio that consists of stocks in whatever other portfolios you choose. This way, I can track how my Stock Advisor picks are doing as a group while still seeing where everything is in real life.
Icarra is exactly what I've been looking for. Thanks for posting this article.
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