Portfolio Review: Take stock of your finances
Buy! Sell! Now! Be a sharp trader with Portfolio for iPhone and iPad
If you own shares in a company, then you will know how hard it can be to keep up to speed with the changing markets. Prices move throughout the day and it’s important to stay on top of things to make sure your investments are reaping the best rewards.
Portfolio: Stock Tracker & Brockerage Companion makes this task easier. It lets you input your share portfolio by simply searching its database for listed companies. Once you have found a firm, you just tap in the number of shares you have and the price you bought each one for. The app will then update on how they are performing every day.
What marks out Portfolio as something rather special is its straightforward nature. It doesn’t bombard you with intricate, pointless features and nor does it distract you with adverts. It doesn’t even require an account so you can just get on with the task in hand without worrying that the app’s developers have a handle on the shares you own.
And yet despite its relative simplicity, it is also comprehensive. You can tap to get the day’s activity charted in a line graph. The reports can be toggled between percentage gains and Dollar gains, and you can view the Dow, NASDAQ and S&P 500. But there’s the problem.
For all of its lovely presentation and intuitive navigation, those in the UK will be disappointed to learn there is no Sterling support and neither is there a FTSE entry. Portfolio is limiting its market and making it less useful for many.
Still, there is much to commend. You can turn on notifications, giving you daily summaries, short earnings reports and price movements. You can get a good overview of individual shares, looking at the closing and opening prices and the dividend. It all makes for a tight, focused package which takes the brunt out of portfolio checking.
Portfolio needs more worldwide support, but for those in the United States, it’s a must-have shares app.
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