* PC-based portfolio management software: PC-based
portfolio management is generally performed with software programs downloaded from the
Internet. These programs usually have more choices and functions than Web-based portfolio
management programs. A good example of a PC-based portfolio management program is
StockTracker Lite at http://www.stockcenter.com .
Limitations of this approach are that the investor must download the proprietary software
and may have to import stock quotes.
* Portfolio management with your online
broker: Portfolio management with your online trader is automatic. Your online broker
knows what you traded, so the brokerage can automatically update your portfolio. A good
example of an online brokerage with portfolio management features is CompuTEL at http://www.computel.com. The advantage of using your
broker's portfolio management system is that you don't have to manually add transactions,
and your portfolio always reflects the current value of your investments.