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Hi, nice forum - first time posting.
I am an investor and would like to know if anyone has any alternatives to Quicken or Money? I have been using Quicken 2004 and find it darn confusing on how to use. For instance, I just moved some money out of a Roth IRA (Janus Overseas - grew a lot and my portfolio was out of balance) and bought a silver ETF with it. You think I was doing major accounting to try to show this activity. I don't move things around much but I'll admit, maybe like a lot of investors, I have many small accounts in different places (T.Rowe Price (IRA's, Education IRA's, UTMA's), Janus, Putnam for college). I just want the ability of a program to track my net worth, the share prices of my mutual fund(s)/ETF's, and maybe a few calculators on there. So, when I log on, I can see everything in one spot. I am not an idiot on finances - I am a college educated man but it seems like Quicken is way too complicated for me to get them to simply show my account balances. (or maybe I am an idiot - just a college eduated one, LOL) I did try Money awhile back and it also seemed complex and non-user friendly. Maybe the newer versions are better. Help me. Guide me. Show me the way. Thanks in advance. |
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hi scanner, nice to have you join us!
just to clarify, you're wanting software where you'll 1) enter the accounts you have 2) enter their beginning (current) balance and 3) be able to 'move' money between the computer representations of the accounts. yes? if so, you might want to try Money Manager EX, it has a very simple investment account logic, but very straightforward. what it doesn't do: go out and find how much your porfolio is worth at this very second. it relies on the information you put in it (i.e. 500 shares bought at 23.56 now worth 27.85) |
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Tina,
Yes, thank you. Having online access to share prices is actually optional. I just want something fairly simple to operate/use. I do do automatic investing each month, so that's more complicated. So my accounts are always growing but I don't mind adjusting them quarterly as I buy shares of mutual funds. I can't beleive how complicated the "name brands" have gotten on this, unless the newer versions have been dumbed down. |
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scanner:
i've done a short review on the investment tracking of MoneyManager EX in my blog, complete with screenshots, in case you'd like to see how it works and handles the information. the MoneyManager EX link at the top of the article will take you to their site in case you would like to download the software. http://tinapbeana.savingadvice.com/2...ager-ex_22043/ |
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In addition to Tina's suggestion...
I know you didn't like Money but have you given the MSN Money Investment Toolbox a try? It's free -- worth a shot perhaps. |
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