Kiplinger Magazine has recently named EquityStat one of five great tools for DIY investors. Kiplinger consulted with veteran investors and veteran Wall Street watchers to come up with their list of tools.
Kiplinger Magazine liked that with EquityStat you could quickly build a stock tracking portfolio. They also liked the number of performance metrics you could use to track your stocks as well as the clean interface.
On June 17, 2024, Alphabet (GOOGL/GOOG) will pay a $0.20 dividend per share. This is the first dividend paid by Alphabet in the history of the company.
With EquityStat’s stock portfolio manager, it is easy to add and track your dividends.
To add a dividend to your Alphabet investment, first select this investment in your investment panel. Then in the transactions panel, click the Add button to add a new transaction.
Alphabet dividend transactions example
Next, select either Dividend or Re-invested Dividend from the Activity drop down. If you didn’t re-invest the dividend, just enter the dividend amount in the Total field.
Add Alphabet dividend transaction example
If you re-invested your Alphabet dividend, choose Re-invested Dividend from the Activity drop down. Enter the number of shares you purchased in the Quantity field and enter the price you paid for the shares.
Add a Re-invested Dividend example
Once you have entered your dividend information, click the Add button to save the dividend transaction to your portfolio.
You can follow many of these same steps if you have a different investment that pays a dividend.
Nvidia’s (NVDA) stock is set to split on June 7th, 2024. It is a 10 for 1 stock split. So, for each share you own before the split, you get 10 shares.
If you owned Nvidia (NVDA) stock before the split and you are tracking this stock in your EquityStat portfolio, how do you record the split?
First, select the Nvidia stock in your investment panel. Next, in the transaction panel, click the Add button to add a new transaction. In the Activity drop down, choose a “Split” transaction. Enter how many shares were split, in this case it is a 10 for 1 split, and click the Add button to save the transaction.
Nvidia stock split transaction
When the split transaction is saved, each transaction will be adjusted to reflect this split. The number of shares will be increased ten times and the price will be divided by ten.
For example, if you had the following transactions before the split.
Nvidia transactions before the split.
After the split your transactions will look like this.
Nvidia after the split
Notice that before the split there were two buy transactions. After the split, the number of shares has increased 10 times and the price has been reduced by a factor of ten. For example, the initial buy on 07/21/2021 was for a quantity of 200 shares. After the split, the purchased quantity is 2000 shares. The price the shares were bought on 07/21/2021 was $186.12. After the split, the price paid was $18.61. These adjustments are all automatically done when you enter the split transaction.
If you have other stocks that have split, you can use the same steps to record your split. Just make sure that you enter the correct split information.
We have recently added a new feature to the mobile device user interface. When adding a new investment to your portfolio, you can easily lookup the investment to add. In the past when you added an investment to your portfolio, you needed to know the investment symbol. Now, in the Symbol field you can start typing, which will display all symbols and investment names that matches the text as you type. With this new feature the mobile phone user interface works similar to the desktop user interface.
Example of the new symbol lookup when adding a new investment on a mobile device.
For example, as seen in the screen shot above, if you start typing “A” in the symbol field you will get a list of symbols and investments that match this text. This will make finding your investment symbol much easier.
To choose a symbol, select the line that has the investment you want to add to your portfolio.
If you don’t find your symbol listed, just type in the symbol and tab to the next field. The symbol will then be checked to make sure it is a valid symbol. If it is not a valid symbol for an investment, you will get an “Invalid Symbol” message.
We just released the 2023 8949 IRS tax form. IRS Form 8949 is a form that reports your short and long term gains/losses for any sold investments in the tax year. If you had any investment sales in 2023, this form is a great way to easily calculate your losses/gains from this investment sale.
To generate Form 8949 click the Tools menu and choose the “Generate Form 8949” menuitem. On the “Generate Form 8949” page, click the Generate button. Your short-term and long-term gains/losses on any investment sales will then be calculated. Then a pdf format of IRS Form 8949 will be generated. This form has a short-term gains/losses section and long-term gains/losses section, which is what you need when filing your taxes.
IRS Form 8949 Example
Once this pdf form is generated, you can then send this pdf file to your tax preparer or print a copy of it.
Have you ever wanted to display what stocks you own on a webpage? Or maybe you want to show what stocks you recommend on an online investment forum? What about sharing your stock portfolio on X, Facebook or email?
With our new Share Portfolio feature you can do all of this.
To get started sharing your portfolio, click the Tools menu at the top and choose Share Portfolio from the drop down menu.
On the Share Portfolio page, choose the portfolio you want to share and click the Generate button. An image of your portfolio will then be generated. You can then link to this image on a website or social media post. You can also download the image and send the image in an email or also use the image file in a social media post.
For example, here is an image of a portfolio for Berkshire Hathaway’s top stocks.
If you link to an image, the image will display the most recent prices for the stocks in your portfolio. If you share the image file, the prices will be the current price when the image was generated.
You can also choose what columns to display in the image by clicking the Select Columns link and then choosing the columns you want to display.
If you haven’t heard, Stock Market Eye’s stock portfolio manager has been discontinued. If you were a previous user of Stock Market Eye’s stock portfolio manager and want an alternative, consider EquityStat’s portfolio manager.
To transfer your data from Stock Market Eye to EquityStat, just export the data to an excel spreadsheet or csv file. Once you have exported your data, follow these directions to format your file and upload your data to EquityStat.
If you need any help importing your transactions into EquityState, please contact us using our support page.
You can also manually enter your transactions into EquityStat too.
In addition if there is any feature that you liked in Stock Market Eye’s stock portfolio manager that is missing in EquityStat, let us know. We will seriously consider adding this feature as well as any other feature you might find useful. Our goal is to keep enhancing EquityStat to give our users the features and services they want!
If you have any questions, please contact us using our support page. We will answer any questions or comments you have.
Tech Times recently named EquityStat its best investment portfolio management software. They recognize EquityStat as the top choice for investors seeking effective portfolio management software, with its advanced features and user-friendly interface positioning it as a valuable tool for optimizing investment performance.
Tech Times praises EquityStat for its real-time data capabilities, performance tracking, and personalized portfolio analysis. EquityStat is also recognized for its user-friendly interface, making it suitable for investors of all experience levels.
EquityStat’s mission to empower investors through data-driven investing was a key focal point, emphasizing how the platform enables users to gain control over their investments and make smarter choices. The article also highlights the user-friendly interface, making it accessible for both seasoned investors and those new to the stock market.
The article concludes by emphasizing how EquityStat has successfully simplified the process of managing tech investments, making it an invaluable tool for tech enthusiasts, investors, and professionals alike.
We have added a new feature to our Stock Portfolio Tracker application. When you enter a new stock/investment or add a new transaction for an existing stock/investment, the price of the investment is automatically displayed in the Price field. The price that is displayed is the closing or current price for the date of the transaction. If this price is not correct, you can override the price by entering the correct price.
This feature was designed in case you don’t know the exact price you purchased or sold a stock for, the price is automatically filled in for you and you don’t have to look it up. If you do know the exact price, you can override the filled in price with the correct price.
Example of Auto Price
For example, if your purchased Apple stock on January 12, 2023 the price of $134.56 will automatically be filled in since this was the closing price on January 12th. If you purchased Apple for a lower or higher price, you can edit the price to the correct price.
This feature also comes in handy when you want to see what price a stock was trading for a past date. Just select the stock, enter the date and you will see the price for that date.
We just released the 2022 8949 IRS tax form. IRS Form 8949 is a form that reports your short and long term gains/losses for any sold investments in the tax year. If you had any investment sales in 2022, this form is a great way to easily calculate your losses/gains from this investment sale.
To generate Form 8949 click the Tools menu and choose the “Generate Form 8949” menuitem. On the “Generate Form 8949” page, click the Generate button. Your short-term and long-term gains/losses on any investment sales will then be calculated. Then a pdf format of IRS Form 8949 will be generated. This form has a short-term gains/losses section and long-term gains/losses section, which is what you need when filing your taxes.
IRS Form 8949 Example
Once this pdf form is generated, you can then send this pdf file to your tax preparer or print a copy of it.
