Once you start investing, you realize that before long there can be a lot to manage in terms of accounts and what your actual investments are doing. This is particularly the case when you have a diversification of assets in a variety of retirement accounts, as well are IRAs, and a handful of individual stocks. I still consider myself a relative newbie when it comes to investing, but it is still really essential to have investment tracking to help manage my various investments.
For example, here is a cool feature of mint.com, where you can compare the performance of your assets to the S&P 500, Dow Jones, or NASDAQ. I guess from the picture it shows me that I may be doing oddly better with the downturn of the economy.
While in some ways it becomes more necessary to track investments as you do more of them, I also think that investment services such as mint can be very helpful for beginners as they learn more about investing. Plus, it can’t hurt you keep tabs on whether you are losing wealth or gaining it.
Check it out and let us know what you think!
Cheers,
Miel
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