So you have started to walk down the road to financial freedom and you have chosen to be in control of you own investments. Good choice, no one cares about your future and your time more than you. Not even remotely. (Except probably your family which is likely one of the bigest reasons you are doing this.)
If you have decided to track your own portfolio, you understand that the more middlemen are in between you and your investments the SLOWER you will reach your goal. If you have gotten this far you don't need a financial advisor, life coach, money manager, financial planner or etc. Anyway, half of them have less knowledge and money than you and should not be offering advice.
The are 3 things you need most on you journey to become financially free. 1. Automation 2. Measurement and 3 Encouragement. This site will help you make sure they are simple, fun and encouraging. Saving for you and your family should not feel like a rout canal. You really don't need more than that. You will find links here to help you get through the practical side of things as well. But they are no as important as the following.
Hopefully you have heard the concept, "Pay yourself first!" Or better expressed, "A part of all you earn is yours to keep." from the timeless book on basic personal finance. link to amazon "Richest man in Babylon." A more modern version of this concept is "automatic millionaire by David Bach.
Why is this concept so important? Well is is important and super interesting here is why... Studies have shown that people who resolve to 'budget' each more and put money in their savings and investing account usually only do it the month after they resolve. Yes, more of us stop saving and investing when we forget to budget. We don't do it on purpose it is use a lack of reflection in this crazy busy world we live it. That is why the average retiree has less than $10,000 saved at retirement. It is why most people could not even afford an emergency of $1000. We all do it.
Here is the good part. Studies show that those who pay themselves first and just set up auto deposit or something, even if it is much smaller than the 'budgeters', tend to save a much greater amount. Let that be you. Pay yourself first. Don't pay anything before you set something aside for you and those who depend on you. After all, you are going to be out of money at the end of the month anyway. Might as well have something to so for it, right? Good.
Dear Friend,
My name is Paul and I developed this Stock and Dividend Tracker for myself. After I became convinced that self directed investing was the fastest way to fincial freedom for my family I soon discovered a total lack of good places to keep track of my investments. At first I started buying and subscribing to other Stock asset trackers and services. I entered my info and tried to organize it in a usefull way but all of them had issues. I found that they were all either way to expensive or to complex and confusing and usually a lot of both. Others were inaccuarate ispecailly for Canadians. Yahoo Finance was complicated and after I eventually figured it all out, I found it did not capture my portfolio properly.
At that point I realized I would have to keep track myself. I truly didn't want to do it but I could not find something simple and useful. So I designed my own over a period of months and tool the best parts from other trackers that I had purchases and researched to compliment mine one. It was originally desired for private use and I called 'The Amazing $tonk Tracker for Encouragement'. Because I understood that being able to see you sacrifice of saving was an integral part of investing. When others saw it they asked for a copy and said I should share it because it is so simple and useful. So I fixed some bugs and began offering it here on this page.
Even if you only start with $50 a month, soon you will see how easy it is. You will see the balance growing and find yourself hoping to add more. Something that many overlook is what saving does unconsciously to our spending habits. You see, becoming finicaily free has more to do with our spending then our saving. Where we put the talens that we earn each day. You will start to desire to save money more that you want to spend it on some things. For example, you are ready to buy another bluetooth headset that will probably suck like the others, and you think, "I would rather buy one of those stocks with a dividend this month. So I should just save it." Or sometimes when they tell you the price of your order at a drivethrough, you are thinking, "Darn, that is the same price as the stock I wanted to get." Don't laugh, it will happen to you.
Most finacial 'advisors' want you to start with a huge month autmated amount. While the automation part is good, what you aren't being told is that they get a big commission and in some cases your first payment goes directly too them. Also they will be puting your money in low yeilding investment which will bearly keep pace with inflation.
If you like to look at your stock portfolio every hr or every month, this Spreadsheet Track will be there for you. It was designed for this. No broker or bank lets you see what you need to see in a compact and summarized fashion. Also most traders and investors have their investments spread over multiple brokers. (Remember brokers only insure 500k)
Most advanced Stock & Dividend Tracker with no month subscription fee.
The Amazing Stock Tracker is not meant to keep all the info about each purchase. It is meant to be a general place where you can see everthying together and be encourages not confused. For this reason it does not include place to enter multiple stock purchase of the same stock. You just enter the ticker, the number of stocks you own and your average price.
It is not designed to keep track of details that don't encourage you like when you bought etc. You bank or broker already does that. It is designed to ENCOURAGE you on your journey to finical freedom and to much info can do the opposite.
It focuses on showing grow and buy opportunities.
It doesn't have a month fee
It works everywhere with every device
It uses software and security that you already know. Google Drive and Sheets
It is fully automated. You just enter the ticker symbol and your amount of shares
It actually works with Canadian Stock. I know eh? (And comes with a video just for Canadian stock entry)
Fully customizable. When you buy it, it is yours and you can adjust and tailor it to your needs. Other stock trackers put in special links that expire if you don't pay a monthly fee. Then the formulas stop working.
If this is all too much and you really don't want to think about it. Contact a Primerica Rep with this link and they will help you automate you journey to finacial freedom. They can be trusted offer the fastest way to finacial freedom for someone who does not wish to drive or have a hands on aproach. Place Pauls link here.
FREE AUDIO BOOKS
Websites for research
best banks and credit cards for traveling canadians
Not are brokers are created equal. If you are with your bank you are likely safe. But also likely paying double the price for each trade with no access to the stock reports and true investigative research tools. Must bank broker systems are like driving an old car to work. You will get there, but late and with no ac or navigation. Here are a list of brokers with features and benefits. If they are listed here, they are save and guarantee your account up to 1/2 million. (Remember not to invest more than that with any one broker)
General (Your) Affiliate Link: https://www.questrade.com?refid=5f7e7aef960f7
Wealth simple
primerica, call Kevin Obrien and tell him Paul sent you. He has been helping families for 20 years with Primerica and has many success stories that are real.
We Bull
M1
you need to start big. No. No. No. It is just 'finacial advisers who say this. You need to start. And that is all.
It will take forever, why start. Strange think about build you investment is that it seems to be magnetic. The more you put in and create a critical mass the more money is attracted too it. Money follows to where it is management and valued. That can be you.
Compounding is stupid and doesn't work. What do you think the banks do to you? Who do you think they make their money. You pay them interest on your debts every month and it compounds rapidly sometimes out of control and can bankrupt you.
If you do not enjoy this spreadsheet and find it useful we do not want to force you to pay it. We only ask that you;
Send an email to this address with a copy of your purchase confirmation.
Write one sentence in that email why you are not satisfied.
And give your word you will not keep using it or publish it because it is copyrighted.
Thank you.
Hello Friends. I am just another guy trying to be a half decent husband and father to a family I don't deserve but love very much. I am self employed and started saving late, in my 40's. I couldn't find what I needed so I made it and when people started asking for it, my wife said I should publish it. When I released it could help others I cleaned it up and published it.