The DoughRoller Weekly RoundUp (Wikinvest Launches Portfolio Tracking iPhone App Edition)

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Frustrated that your brokerage doesn’t have an iPhone app? Or that you have to download three different apps for your three different brokerage accounts? Today Wikinvest launched the Wikinvest Portfolio Manager iPhone app to solve these problems. The app gives you the features of the online Wikinvest portfolio tracker in the palm of your hand. Just as you can on Wikinvest.com, you can see all of your accounts at 60+ brokerages, all in one screen.

Brokerages have been extremely slow to develop their mobile strategies. In fact, over 80% of the brokerages Wikinvest supports don’t have their own iPhone apps, including Charles Schwab, Merrill Lynch, and Scottrade. Even if your brokerage does have an app, the average user has more than 3 accounts linked to their Wikinvest portfolio so you can see them all in one place.

Wikinvest Portfolio Manager is loaded with features. It lets you see movers in your portfolio, get the latest quotes, and read up on company news that’s most relevant to you. Find your next investment by researching company analysis written by the community, fundamentals data with competitor comparisons, and more. Aside from portfolio-specific content, the app also provides overall market news and market quotes, as well as charts, news, and data for companies, mutual funds, ETFs, currencies, and more.

Set up is simple – it takes less than 60 seconds from start to finish, and if you are already registered on Wikinvest.com then all you need to do is sign in to your Wikinvest account. Tracking over $3 billion (and counting) in investor assets, the Wikinvest portfolio tracker has proven a massive hit. Now, you can literally keep your portfolio in your back pocket wherever you go.

With that neat feature well described, let’s find out where the best money articles from the past week were hiding!

How To Get Yourself into Debt @ WiseBread: That’s an easy one!  First, you go to a private university instead of a public one, then you study Mathematics for five years instead of four.  After you graduate, you get a job in the restaurant industry instead of mathematics and you begin your adult career 200k in debt!

Money Wasting Laundry Products @ Yahoo: If you’ve ever taken a look at shampoo, soap and laundry detergent products, you’ll notice a lot of common ingredients that will allow you to make these things on your own at home.

Three Financial Principles You Can Depend On @ Bible Money Matters: Awesome article about the things in life that are certain other than death and taxes.  Emergencies are something I need to have better focus on because sooner or later, my luck is bound to run out.

The Spending Diet: 7 Treats You Can Live Without @ Moolanomy: Diets are one of the toughest things to manage and like finances, you need extreme discipline in order for them to work.  Willpower is rare to find but something that everyone can accomplish.

5 Frugal Chicken Dishes You Can Make Out of One Chicken @ The Digerati Life: Chicken is the most versatile and inexpensive protein I know and this article can show you five easy dishes you can make at home.  Eating on a budget can be difficult but being a frugal grocery shopper / amateur cook can save you a ton of money.

How Young Is Too Young to Start Teaching Children About Finances @ One Money Design: Once they start walking and talking, they’re old enough to learn about finances.  That doesn’t mean involving your three-year old in weekly family budget meetings but perhaps an allowance is a good way to get things going.

Is Now The Time to Invest in the Housing Market? @ Money Under 30: This question has been asked quite frequently in the last 12 months and depending on your financial situation, the answer might be different.  If you are considering a home purchase, do your homework on property values, taxes, inspections and everything else!

Google Isn’t Anything but a Time Saver @ Motley Fool: Google recently launched a new feature which automatically pulls up listings as your typing your query into their search box.  While some may think this is a good thing, I find it extremely annoying and hope this new feature doesn’t last.

Published or Updated: May 23, 2011

Comments

  1. Joe Oliver says:

    Once an account is set up, can you edit and add other stocks to the portfolio? If yes how does one do that?

    • DR says:

      Joe, with the Wikinvest Portfolio iPhone app, your portfolio is automatically downloaded from your brokerage accounts. So as you make changes in your accounts and synch the accounts with the app, the changes are downloaded automatically.

  2. Steven says:

    What could possibly go wrong???

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