A Sampling of Available Investment Software Options
Now that you have reviewed the possible advantages and disadvantages of personal investment portfolio management software, you're ready to dive into the available options. Before buying any software, you should evaluate your personal spending plan and ensure you're not gambling your family's future on an expensive program.
Quicken Premier 2010 costs about $90 and is designed to track your financial portfolio and may also offer some useful investing tips. For example, this version of Quicken purportedly shows you ways to not only pick investments targeted toward your financial goals, but also methods to minimize taxes on investments. Those interested in buying the program can order an immediate download or a postal mailed CD-ROM.
Fund Manager at first glance may seem a little too extensive for the casual investor, though this software offers personal, professional, and advisor versions. You can also import files from Quicken, Microsoft Money, or a general text file. The personal version also includes features like tracking trailing stop loss alerts and the capability to export to tax software programs. As of 2010, using Fund Manager for 60 days is free. If you want to continue using the program after the trial period, a personal license costs $69.
Stator is another option available on the investment software market. Investors can choose to purchase lite, standard, or professional versions; as of 2010 the cost ranged from about $50 to $460 depending on the version selected. Lite version features include tracking of unlimited bank accounts, one investment portfolio, and online price updates. The program also includes a trader's diary-keeping feature.