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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (28438)	10/8/2007 12:12:09 AM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78751

IMO, Quicken sucks. Especially for investing. Most of the time it has no clue what stocks are in what areas. And "gains/losses" are calculated using some kind of superweirdo algorithm that would let you believe you have whatever returns you wanted. Don't like the percentage return it shows? Click two buttons to change "returns by account" to "returns by category" or something else and presto your 15% average return changes into 45%! Or vice versa. I stopped believing it ages ago. I use Quicken for all my finances, but would never recommend it for tracking investments. I use Yahoo for buy/sell limits and news. Brokerage accounts for real-time quotes and research. Excel for Buffettology calculations. I really need to program Excel to track buy/sell limits. Maybe some time...

To: Dale Baker who wrote (28438)	10/8/2007 12:47:49 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78751

Yes, agree with Jurgis Bekepuris about Quicken. Doesn't seem to be for me. I've gone to their website twice now since your post, and it is very unclear what they do as regards investing that would benefit me vs. what I already have. I'm not much interested in seeing daily/weekly portfolio performance. I see where people who compare their portfolios to others or to benchmarks or for client expectations have to have those numbers. To me it's a hindrance. If I could keep my on-line brokerage screens from showing the minute-by-minute portfolio's value, I would prefer it. Downs in total value just serve to depress/scare me.