Investment Planning?

Posted by trs80 on March 15, 2007, 12:49 pm

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Does Quicken have programs that offer assest allocation advise for ones
situation and maybe also for individual investments?

I think Im getting ripped off by Schwab.
Im in a Schwab Signature program thats charges 0.5% of all money managed, to
give me advise on asset allocation and individual mutual funds/bonds to
invest in. They provide 2x/yr updates.

Seems like what Schwab gives me is likely just via a computer program
anyway without a whole lot of creative thought. So maybe I can use a
software application to do the same thing.
thanks for any tips.

Posted by Bob L. on March 16, 2007, 11:57 am

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* trs80 wrote:

> Does Quicken have programs that offer assest allocation advise for ones

> situation and maybe also for individual investments?

> I think Im getting ripped off by Schwab.

> Im in a Schwab Signature program thats charges 0.5% of all money managed, to

> give me advise on asset allocation and individual mutual funds/bonds to

> invest in. They provide 2x/yr updates.

> Seems like what Schwab gives me is likely just via a computer program

> anyway without a whole lot of creative thought. So maybe I can use a

> software application to do the same thing.

> thanks for any tips.

Quicken does provide asset allocation "advice" in at least the Deluxe
version(which is probably all you need....premium adds stuff most people
don't need) That is, they provide various allocations showing expected
returns and Std deviations as you select level of risk (high, medium
etc.) Then they produce a report that tells you how much to add to one
category and how much to subtract from others to reach your objective
level. No individual fund/stock recommendations however.

Would be unfair to not mention, however, that there are many folks out
there very unhappy with Quicken's ability to monitor their own asset
allocations going forward. For me its not bad, especially considering
how inexpensive Quicken is. (There are a lot of threads about that on
Quicken's own message board. Check 'em out)

Bob L.

Posted by Gerorge Smith on March 19, 2007, 11:14 pm

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On Fri, 16 Mar 2007 15:57:43 GMT, "Bob L."

>* trs80 wrote:

>> Does Quicken have programs that offer assest allocation advise for ones

>> situation and maybe also for individual investments?

>> I think Im getting ripped off by Schwab.

>> Im in a Schwab Signature program thats charges 0.5% of all money managed, to

>> give me advise on asset allocation and individual mutual funds/bonds to

>> invest in. They provide 2x/yr updates.

>> Seems like what Schwab gives me is likely just via a computer program

>> anyway without a whole lot of creative thought. So maybe I can use a

>> software application to do the same thing.

>> thanks for any tips.

>Quicken does provide asset allocation "advice" in at least the Deluxe

>version(which is probably all you need....premium adds stuff most people

>don't need) That is, they provide various allocations showing expected

>returns and Std deviations as you select level of risk (high, medium

>etc.) Then they produce a report that tells you how much to add to one

>category and how much to subtract from others to reach your objective

>level. No individual fund/stock recommendations however.

>Would be unfair to not mention, however, that there are many folks out

>there very unhappy with Quicken's ability to monitor their own asset

>allocations going forward. For me its not bad, especially considering

>how inexpensive Quicken is. (There are a lot of threads about that on

Really? It is $1 more than what Fund Manager costs for an
individual investor. And, that latter is for investing, not balancing
cheque books.

If you are interested in investing as opposed to paying your
garbage bill, try something else. There is a lot more out there.

>Quicken's own message board. Check 'em out)

>Bob L.

Posted by trs80 on March 29, 2007, 1:54 pm

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what is it that you are referring to that helps with investing advise?

> On Fri, 16 Mar 2007 15:57:43 GMT, "Bob L."

>>* trs80 wrote:

>>> Does Quicken have programs that offer assest allocation advise for ones

>>> situation and maybe also for individual investments?

>>>

>>> I think Im getting ripped off by Schwab.

>>> Im in a Schwab Signature program thats charges 0.5% of all money

>>> managed, to

>>> give me advise on asset allocation and individual mutual funds/bonds to

>>> invest in. They provide 2x/yr updates.

>>>

>>> Seems like what Schwab gives me is likely just via a computer program

>>> anyway without a whole lot of creative thought. So maybe I can use a

>>> software application to do the same thing.

>>> thanks for any tips.

>>>

>>Quicken does provide asset allocation "advice" in at least the Deluxe

>>version(which is probably all you need....premium adds stuff most people

>>don't need) That is, they provide various allocations showing expected

>>returns and Std deviations as you select level of risk (high, medium

>>etc.) Then they produce a report that tells you how much to add to one

>>category and how much to subtract from others to reach your objective

>>level. No individual fund/stock recommendations however.

>>Would be unfair to not mention, however, that there are many folks out

>>there very unhappy with Quicken's ability to monitor their own asset

>>allocations going forward. For me its not bad, especially considering

>>how inexpensive Quicken is. (There are a lot of threads about that on

> Really? It is $1 more than what Fund Manager costs for an

> individual investor. And, that latter is for investing, not balancing

> cheque books.

> If you are interested in investing as opposed to paying your

> garbage bill, try something else. There is a lot more out there.

>>Quicken's own message board. Check 'em out)

>>Bob L.

Posted by Bob L. on March 30, 2007, 10:04 am

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* trs80 wrote:

> what is it that you are referring to that helps with investing advise?

>> On Fri, 16 Mar 2007 15:57:43 GMT, "Bob L."

>>> * trs80 wrote:

>>>> Does Quicken have programs that offer assest allocation advise for ones

>>>> situation and maybe also for individual investments?

>>>>

>>>> I think Im getting ripped off by Schwab.

>>>> Im in a Schwab Signature program thats charges 0.5% of all money

>>>> managed, to

>>>> give me advise on asset allocation and individual mutual funds/bonds to

>>>> invest in. They provide 2x/yr updates.

>>>>

>>>> Seems like what Schwab gives me is likely just via a computer program

>>>> anyway without a whole lot of creative thought. So maybe I can use a

>>>> software application to do the same thing.

>>>> thanks for any tips.

>>>>

>>> Quicken does provide asset allocation "advice" in at least the Deluxe

>>> version(which is probably all you need....premium adds stuff most people

>>> don't need) That is, they provide various allocations showing expected

>>> returns and Std deviations as you select level of risk (high, medium

>>> etc.) Then they produce a report that tells you how much to add to one

>>> category and how much to subtract from others to reach your objective

>>> level. No individual fund/stock recommendations however.

>>>

>>> Would be unfair to not mention, however, that there are many folks out

>>> there very unhappy with Quicken's ability to monitor their own asset

>>> allocations going forward. For me its not bad, especially considering

>>> how inexpensive Quicken is. (There are a lot of threads about that on

>> Really? It is $1 more than what Fund Manager costs for an

>> individual investor. And, that latter is for investing, not balancing

>> cheque books.

>> If you are interested in investing as opposed to paying your

>> garbage bill, try something else. There is a lot more out there.

>>> Quicken's own message board. Check 'em out)

>>>

>>> Bob L.

As I said, it does offer expected returns for various asset
allocations(small cap, large cap, bonds, etc.). If by asset allocation
you mean which funds/stocks to invest in, then no it does not do that.

Bob L.