|
Posted by Bob L. on March 30, 2007, 10:04 am
Please log in for more thread options * 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.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap