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Free Tool to Track Your Investments: Personal Capital
As important as it is to invest, it is equally important to have a good tool to track all your investments. For storing all the details in one place, something that helps you with seeing the big picture and the fine details at the same time enables better decision making. Personal Capital is the tool that lets you monitor your spending in near real-time, track your investment portfolio and grow your net worth over the years. Tracking all your account on an almost weekly basis, manually inputting the data and performing analyses is no easy task. It is enough to turn anyone off the investment path. This is where Personal Finance comes in useful.
CNBC has acknowledged and awarded Personal Capital as among Disruptor 50 software, two years running. There are other money management tools out there. Mint is one of them. However, Mint is better suited for budgeting, whereas Personal Capital is good for that, and for investment management. If you like I wish to track your personal finances, including retirement planning, tax management, mutual funds, stocks and asset allocation in general, you will also find Personal Capital as useful as I did. Also Mint caters to people just beginning to manage their personal finances, whereas Personal Capital is more suitable for those who have liquid assets of at least $25000 to $ 2 million.