I opened an Icarra portfolio management account because Google finance portfolio sucks… Guess what? Deminvest is nicely beating Nasdaq and S&P 500 June 11, 2008Posted by deminvest in Blogroll, Internet stocks, investment, investment strategies, my free stock, nasdaq, Nasdaq stock, Social investing, stock I own, stocks, stocks that pay high dividends.
Tags: icarra, portfolio charts, protfolio
Icarra is a good portfolio management system to measure my portfolio performance . It has very nice charts and is very good to measure results for my entire portfolio. For instance I was very pleased to read that I have a total 2.84% dividend yield .
Here is a very nice chart, showing how my “Deminvest Free Stocks“ investment has consistently beaten both the Nasdaq and the S&P 500.
I used to have my portfolio loaded into Google Finance, but Google finance’s portfolio sucks for several reasons:
1) Google Finance does not offer any charting of my portfolio.
2) Google Finance does not give any overall portfolio data, like overall P/E, overall dividend yield, overall performance including stock sales and cash.
3) Google Finance does not consider cash, which makes it a horrible way to measure results of my free stocks strategy. I buy a stock, wait for it to go 40% up and then resell just enough shares to get my cash
back. Google finance does not “understand” what I’m doing. Since they don’t care about cash, they have no way to measure performance on a stock that I had for free, which should be infinite % (paid 0, valued $400).
Anyway, my Icarra portfolio management account is open for anyone to inspect.