In addition to monitoring your portfolio directly within your brokerage account, there are other tools available on the internet to help you monitor your portfolio. Major websites offering portfolio tracking tools include:
Below, we describe each of these tools in more detail.
Yahoo offers a relatively sophisticated alternative to solely monitoring your portfolios through your brokerage account. In addition to monitoring your actual portfolio, Yahoo gives you the opportunity to create watch lists that can be used to monitor investments that you may be considering or contained in a “shadow portfolio”. Some of our favorite features found within Yahoo include:
Morningstar is a good alternative that offers sophisticated portfolio analysis tools. In addition to many of the basic portfolio monitoring services, Morningstar offers premium services for a fee that include: