MSMoney for investment club?

#2 03-27-2006, 12:24 AM

I don't think so!!!
This is personal finance man, not an accounting program.

There are a lot of free portfolio tools on the www from Yahoo, to
google, to smartmoney, to ...

arthur
==

On 26 Mar 2006 13:55:15 -0800, "Sam" <neverchecked40[at]hotmail.comwrote:

- quote -

> Anyone using money for tracking investments for an investment club?
> If so how would you keep track of contributions for different members
> and different contribution amounts? What about adding new members or
> when some members quit the club? If money is not the right software for
> the job does anyone have a suggestion for software to do this? Maybe
> there is a web based software for this purpose so that all club members
> can log in and view their accounts and the investments performance?
> Thanks

#1 03-26-2006, 10:25 PM

"Sam" <neverchecked40[at]hotmail.com> wrote in message
news:1143410115.367483.266200[at]v46g2000cwv.googlegroups.com...
- quote -

> Anyone using money for tracking investments for an investment club?
> If so how would you keep track of contributions for different members
> and different contribution amounts? What about adding new members or
> when some members quit the club? If money is not the right software for
> the job does anyone have a suggestion for software to do this? Maybe
> there is a web based software for this purpose so that all club members
> can log in and view their accounts and the investments performance?

From a related link I found http://www.iclub.com/products/noca.asp,
available online as a subscription. It seems reasonable at $49 per year, if
the functionality is acceptable. 60-day trial available.

03-26-2006, 10:19 PM

"Sam" <neverchecked40[at]hotmail.com> wrote in message
news:1143410115.367483.266200[at]v46g2000cwv.googlegroups.com...
- quote -

> Anyone using money for tracking investments for an investment club?
> If so how would you keep track of contributions for different members
> and different contribution amounts? What about adding new members or
> when some members quit the club? If money is not the right software for
> the job does anyone have a suggestion for software to do this? Maybe
> there is a web based software for this purpose so that all club members
> can log in and view their accounts and the investments performance?

Not cheap, but the NAIC http://www.betterinvesting.org has software
specifically designed for that purpose:
http://store.yahoo.com/betterinvesting/25103.html. I have never seen it so
cannot opine on its merits.

It probably would be easy to create a Money file for tracking the
portfolio, cash on hand, etc. What might not be as easy would be tracking
individual contributions and the current value of those shares. Since a
club could be treated like a partnership, perhaps the small business
version of Money has functionality to address that? I really don't know.
--
Chris Cowles
Gainesville, FL

#-1 03-26-2006, 09:55 PM

Anyone using money for tracking investments for an investment club?
If so how would you keep track of contributions for different members
and different contribution amounts? What about adding new members or
when some members quit the club? If money is not the right software for
the job does anyone have a suggestion for software to do this? Maybe
there is a web based software for this purpose so that all club members
can log in and view their accounts and the investments performance?

Thanks

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