With the rise of personal finance apps, there are now many free apps that can serve as a personal investment dashboard to help investors easily track their portfolios. By aggregating information from various investment accounts into one centralized platform, these apps provide a convenient way for investors to monitor their positions without having to log into multiple websites.
View consolidated asset allocation across accounts
One major benefit of using a personal investment dashboard app is the ability to see all your investments in one place. Instead of having to manually compile reports from various brokers and retirement accounts, the app can automatically sync and combine the data to show your consolidated asset allocation. This makes it easy to understand your overall exposure across different asset classes.
Track performance metrics in real-time
Another useful feature is real-time tracking of investment performance metrics like daily/weekly/monthly gains and losses, return on investment over custom time periods, etc. As the latest prices stream into the dashboard, you can check whether your portfolio is moving in the right direction.
Set price alerts and notifications
To stay on top of your investments, you can configure alerts based on price triggers, percentage gain/loss thresholds, or periodic reminders. For example, you could set an alert to notify you if a particular stock drops below a target price. This saves you time instead of having to manually check each position every day.
By using a free investment dashboard app that aggregates your account data into one place, you can conveniently track your portfolio in real-time and get customizable alerts without logging into multiple websites. This helps improve efficiency and understanding of your personal investments.