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Tuesday, June 15. 2010Reuters Portfolios
Reuters have a section on their site called Community Portfolios. It seems to be geared towards following and comparing other people's portfolios and their performance, but you can also create a private portfolio by unchecking the "Share this Portfolio with the Community" box.
Overall it's a pretty impressive system. It's easy to enter transactions, the site automatically figures out dividends, and can even display nice charts of historical performance like this one:  This is a feature I'd love to see on Google Finance and Yahoo Finance.
However, there are two reasons why Reuters' site isn't currently a suitable choice for actual portfolio tracking: 1. Although it automatically caters for dividends, and sometimes even gets them right, at other times it doesn't. And there's no way to turn this feature off or edit or delete dividends. 2. Once you've entered a transaction, there's no way to delete it; and what you're allowed to edit is restricted. So if you ever make a mistake, you're kind of stuffed. I thought I'd also look at Bloomberg's Portfolio Tracker service. However both time I tried to sign up, I got the following message after typing in all my details:  A poor show, but might return to have a look at a later date. 
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