Stock Review: Track portfolio and earnings

sharing It is an online portfolio tracker that allows you to sync and view all your investment accounts in one platform. In addition to tracking your portfolio’s performance, you can track dividend income and create reports for your accountant at tax time.

Sharesight is one of many portfolio tracking tools on the market, so we wanted to know how it compares to similar apps like Kubera and Empower. In this review, we’ll walk you through Sharesight’s features and pricing, and let you know who it’s best suited for.

What is an arrow of sight?

sharing It was launched in 2006 in New Zealand by a father and son team who were tired of using spreadsheets to track their stock investments. But although it is not based in the US (its offices are in New Zealand and Australia), it has since grown into a global platform serving more than 500,000 investors worldwide, including the US.

What do you offer?

Sharesight offers four service plans that allow you to track up to 10 portfolios and unlimited holdings. Available features include earnings tracking, price and portfolio email alerts, portfolio sharing, and detailed reporting. Here’s a closer look at some of the key features:

The primary function of Sharesight is portfolio tracking. After signing up, you can add your holdings manually, by importing a spreadsheet, or by linking your brokerage. From there, Sharesight will automatically track your portfolio’s price and performance data. By viewing all your investments in one view, you will be able to see your annual return. This includes any capital gains, dividends and currency changes. You can then benchmark your portfolio’s performance against any stocks, ETFs, or mutual funds that Sharesight tracks.

You don’t have to worry about whether your brokerage account is supported or not. Sharesight connects to over 200 brokerages, including Charles Schwab, Interactive Brokers, Robinhood, Fidelity, Ally Invest, Goldman Sachs, and more. Even if your broker is not on the Sharesight partner list, you can always add a portfolio manually.

Sharesight also works well for global traders, as it can track holdings of over 240,000 global stocks, funds and ETFs across more than 60 exchanges.

Earnings tracker

Sharesight can track dividend payments and other distributions for more than 700,000 global stocks, ETFs, and funds. When earnings are announced, they will appear in your portfolio. Sharesight will record the amount, currency conversion (if necessary) and any tax related details.

You can also track Dividend Reinvestment Plans (DRIPs) with Sharesight. Unfortunately, automatic DRIP tracking is only available for properties listed on the Australian Securities Exchange (ASX) or Australian National Stock Exchange (NSX). Otherwise, you must manually record dividend reinvestments when you add or edit a payment.

Are there any fees?

As mentioned earlier, Sharesight offers four different service plans, including a limited free plan. Here’s a closer look at the different plans, including pricing (billed annually) and basic features:

In addition sharingTwo alternatives worth considering are Kubera and Enable. Kubera offers a high-level net worth tracking tool that supports a wide range of assets, including cryptocurrencies and real estate, making it ideal for investors with non-traditional portfolios. Empower is cheaper than both Sharesight and Kubera (it’s actually free), and does a solid job of handling basic portfolio and net worth tracking. However, it is not as specialized in tracking profits as Sharesight. If you’re looking for simple net worth monitoring, Empower is likely your best bet. On the other hand, dividend investors may get more value from Sharesight’s in-depth dividend tracking and other tax reporting tools.

To get started using Sharesight, visit their website and click the “Register for Free” button on the home page. You can create an account without providing your credit card number in advance. Once your account is verified, you can start adding your existing holdings. Once you link your accounts and add your portfolios, Sharesight will automatically backfill your history of prices, earnings, and company actions. Now you can see your performance and run reports as needed.

Yes, Sharesight should be considered safe to use. It is a long-standing platform that securely connects to hundreds of brokerage firms around the world, showing that it is a trusted partner. According to the company’s website, Sharesight is SOC 2 and GDPR compliant, and uses two-factor authentication to protect your accounts.

Sharesight does not offer any live support via phone or chat. It has a help center on its website where you can find answers to the most frequently asked questions. If you need additional assistance, you can send an email [email protected] Or send them a message from the site and someone will respond to your request.

Whether you own a modest or growing portfolio of stocks or ETFs, sharing Worth considering. We like the low price point. Let’s say you have a single portfolio that contains a relatively small number of holdings. You can track your investment performance and access some valuable tools, like earnings tracking, email alerts, and portfolio sharing for free. Perhaps best of all are the Starter or Standard plans, which offer more flexibility at a reasonable cost. Either way, pricing is flexible. If you’re looking for a simple tool to track net worth, you may be better off using a platform like Empower, which is free to use. And if you invest in a wide range of asset classes and want to track cryptocurrencies, real estate, collectibles, etc., Kubera may be a better option.

Check out Sharesight here >>