Best Apps for Monitoring Investment Performance
Introduction
Investing can be a great way to grow your wealth over time, but it’s important to keep track of how your investments are performing. Fortunately, there are a number of apps available that can help you monitor your investment performance on the go. In this article, we’ll take a look at some of the best apps for tracking your investments.
1. Personal Capital
Personal Capital is a comprehensive financial management app that offers a wide range of tools for tracking your investments. With Personal Capital, you can link all of your investment accounts, including retirement accounts, brokerage accounts, and more, to get a complete picture of your investment portfolio. The app also offers detailed performance analysis, asset allocation tools, and personalized investment advice.
Key Features:
- Track all of your investment accounts in one place
- Detailed performance analysis and reporting
- Asset allocation tools
- Personalized investment advice
2. Mint
Mint is a popular budgeting app that also offers investment tracking features. With Mint, you can link all of your investment accounts and track your investment performance alongside your other financial accounts. The app provides real-time updates on your investment portfolio, as well as personalized investment recommendations based on your financial goals.
Key Features:
- Link all of your investment accounts for easy tracking
- Real-time updates on your investment performance
- Personalized investment recommendations
3. Robinhood
Robinhood is a commission-free investing app that allows you to buy and sell stocks, ETFs, and cryptocurrencies without paying any fees. In addition to trading, Robinhood also offers basic portfolio tracking tools that allow you to monitor the performance of your investments over time. While not as comprehensive as some other apps on this list, Robinhood is a great option for those looking to actively manage their investments.
Key Features:
- Commission-free trading of stocks, ETFs, and cryptocurrencies
- Basic portfolio tracking tools
4. Acorns
Acorns is an investing app that allows you to invest your spare change by rounding up your everyday purchases to the nearest dollar and investing the difference. In addition to automated investing, Acorns also offers basic portfolio tracking tools that allow you to monitor the performance of your investments over time. While Acorns is more geared towards passive investing, it’s a great option for those looking to start investing with small amounts of money.
Key Features:
- Round up your everyday purchases to invest spare change
- Automated investing
- Basic portfolio tracking tools
Conclusion
Monitoring your investment performance is crucial to ensuring that your investments are on track to meet your financial goals. With the help of these apps, you can easily track your investment portfolio, analyze your performance, and make informed investment decisions. Whether you’re a seasoned investor or just starting out, these apps can help you take control of your financial future.