UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: sdfewl One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 737068  
Subject: Portfolio Tracking Date: 3/21/2000 1:14 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
As some of you may remember, I recently fired my financial advisor (and his double management fees). As you may also recall, because of my work (hopefully less than 3 more years) I'm required to invest in mutual funds. Here's my question: What is the best and easiest way to track a portfolio? The one useful thing my former advisor provided was a quarterly report.

I have Schwab and Vanguard accounts. Vanguard tells me that they will send me a complete report showing purchase dates and basis etc. on every sale. I haven't seen such a report yet. Schwab simply provides the date sold and proceeds. Given that it is tax time, I now realize that I need to create a system to track my basis in each mutual fund (a real challenge when you have reinvested dividends and cap. gains).

Schwab suggested that I buy Quicken and input the last 3 years worth of data (what a chore) and then start downloading from their website. Is that the best route? What do others do?

Thanks for any insights.

SDFEWL
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (5) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Post of the Day:
TMFDeej's CAPS Blog

Activist Investors Unlocking Value at LSB Industries?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement