HLedger for portfolio tracking? asked
How would hledger compare to portfolio-performance.info for portfolio tracking? More specifically what would be the major pros and cons of each tool?
and received a great answer from a user of both; see the link. (TLDR: they use each for what it's good at and once a month do a coarse update of investment values in hledger.)
I also use both and I agree with comments: they are complementary.
@zako could you maybe explain more what the monthly values update transactions look like ?
Are individual lots and their costs tracked on the PTA side ?
Are P directives used ?
I use PTA to track all my wealth or my personal finances. This consists of daily expenses, tax and other liabilities, checking accounts, saving accounts and investments. The power of PTA is to give my this overall view of all my finances and to provide me quite accurate reliability due to balancing accounts.
However, sometimes to go in deep with some parts of your assets, I think more specialized tools are required because they are complementary, focused on other aspect more related to this group of assets or invesments. For example, screeners of stocks, trading tools, spreadsheet to go in deep with other assets...
In my case, one of my investments is one small group/ammount of DGI stocks. For this investmen I use hledger and portfolio-performance.
hledger to track buys, sells, dividends, splits and every transactions. I use accounts and subaccounts to track lots of stocks. I use pricehist to automatically download prices. I finally use hledger roi and hledger roi -M with the TWR/period column to track the evolution of the portfolio. I am passive/DCA investor so I do not need complex trading tools but I like to follow the evolution of the portfolio, and perhaps if it is goes down several months, i like to purchase additional stocks.portfolio-performance. It automatically download prices of stocks. It provides me with windows to categorize stocks, order stocks based on current prices (appreciation/depreciation), historical return of my portfolio...But at the end the IRR provided by hledger roi and portfolio-performance is quite similar, which make me more confident with the data I recorded in both tools. 