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The Top Online Portfolio Trackers 2017
February 18, 2017
As an investor, regardless of your investment strategy and goal, it is always a good idea for you to monitor your portfolios through either an online tracking service or software program. In a recent article I wrote, “The Top Portfolio Management Software,” I discussed what the top downloadable programs offer and what their key functions are.
This article demonstrates the best online portfolio trackers available to individual investors. No matter what type of investor you are, keeping an eye on your investments should always be a priority. Thankfully, websites devoted to this task are continually offering more powerful portfolio management tools to help you do exactly that.
Since this article is geared toward individual investors and not power traders or institutional investors, in order to be one of the best tracking sites, the tracker needs to have a solid balance of power and functionality. Moreover, the website must have a user-friendly, easy-to-navigate interface. Finally, it is important not to overlook the price tag. Power trading and institutional investor tools often come at a heftier price than tools geared toward individual investors. With that said, we have taken each site’s price into consideration when formulating a list of top trackers. The five sites appointed as the best portfolio trackers in this year’s comparison are Macroaxis, Morningstar.com, Personal Capital, Portfolio Monkey and SigFig. Morningstar.com is the lone returnee to the comparison, which was last updated in 2012. As the replacement of the Wikinvest service, SigFig is essentially a returnee, but for the purposes of this comparison we label it as a new addition.
Our comparison grid details all of the features offered by our five picks. The information is broken down below as each feature is discussed. For starters, Table 1 shows the contact information, cost (if any), software compatibility, supported brokerage services and import/export compatibility for each program.
Website offers a retirement calculator and resources to develop a holistic retirement plan that can be adjusted based on your changing circumstances.