Money Hacks

One of the trickier parts of investing is keeping track of all the stocks that interest you. When I was young, my friends did this with pen and paper. (Not that they actually invested, mind you, but they followed the market.) Then they graduated to spreadsheets. Now there are all sorts of applications that let you watch stocks on your computer. Stocktickr is a web-based stock-tracking tool.

StockTickr is a free portfolio tracker with an important twist: all watchlists are shared among all users! There are hundreds of users sharing their watchlists right now via StockTickr. StockTickr is a great way to generate trading ideas by browsing the stocks on the site. Because all watchlists are shared, you can view reports on the most popular stocks added recently or see which stocks have been the most profitable for StockTickr users.

The site lists the following features:

• Categorize your watchlist using tags (kind of like categories)
• Track picks from other users that trade like you do
• See how the stocks in your watchlist have performed since you added them
• Set up email alerts for stocks in your watchlist
• View the alerts in other users’ watchlists
• Identify trends by viewing your performance by tag
• View aggregate reports generated from all stocktickr users
• Add other users to your friends list and track trades from all your friends
• Subscribe to RSS feeds of most any view in stocktickr - there are feeds for each user, each tag, and more!
• Coming Soon! For a small monthly fee, you’ll have access to lots of tools that will help you become a better trader!

I’m satisfied with the OS X stock-tracking widget. But stocktickr tempts me.