Planning Out and Keeping Track of Long-Term Investments | Tools to Help Manage Your Portfolio’s Future

keeping track of long-term investments

With the help of efficient tools, investing your hard-earned money isn’t so daunting. With that said, everyone has different goals with their money. The tool that’s best for those needs depends on your specific goals when keeping track of long-term investments. 

Sharebuilder

This tool is used for researching and managing your first investments. Sharebuilder allows you to deposit savings directly to your account while you wait to invest. You can then set up automatic deposits to your Sharebuilder account, just like an automatic payment for a bill. From there, you may use the research tab to discover information on your potential investment companies.

Personal Capital 

This service is used for long-term analysis and monitoring once you’ve got a solid investment portfolio. Personal Capital provides a long-term perspective on your finances with the use of specialized tools. The service also compares your performance to the market as a whole. Further, the portfolio allocation tool on the dashboard is able to indicate how much your accounts are diversified. You are able to see how much of your money is invested in domestic or international stocks and bonds.

Mint

This service is used for casual investment monitoring. For some, it’s too much to keep track of a ton of investments. Not everyone can and indeed, not everyone wants to be, a financial expert. Mint is sufficient enough as a do-it-all finance tool without the complex navigation. It provides you with a straightforward summary of all your accounts, and your total value of investments at a glance.

Betterment

This service is a dummy-proof investment tool for everyone. It not only allows you to invest directly but provides many tracking and analysis tools like Personal Capital. It’s the ideal service for creating a lazy, low-risk investment strategy.

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About the author: Jennifer is a University of Western Ontario graduate with a degree in International Business. She strives to excel as a content creator in the digital sphere, working with clients in the Finance and Tech industry to leverage clickable taglines, images, and articles in driving traffic. When not writing, Jennifer enjoys photography, copywriting, and video production.