Personal Capital recently implemented some new features on our Web-based Dashboard in effort to provide users with a more interactive and complete financial picture.
We first reconstructed Cash Flow to more clearly display spending and income by category and to allow for the selection of a specific time period. This helps with budgeting and identifying overall spending habits. For example, how much did you spend at Whole Foods last week? And how does that compare to the previous week? We also added a new account selector tool that makes it easy to observe one account at a time or multiple accounts at once.
What’s more, we made it easier for you to search and find specific transactions and label them “Tax Related”, “Business”, “Medical”, and “Reimbursable”. This makes it even simpler to get organized come tax time. You can also filter the list to display only cash, credit, investment, loan or mortgage transactions.
We also improved the way you can view and search Account Details. Now you can use a multiple select feature to search for, and apply changes to, multiple transactions at once. For example, the updated cash flow graph for bank accounts gives you complete at-a-glance information about net inflow and outflow over a select period of time. You can also take advantage of our new Holdings view in the Investment Accounts section. Easily see portfolio performance over time and hover over individual days to see specific movement. Filter via the income graph to view only income transactions within your investment accounts.
Our Portfolio feature also got an upgrade. We combined Holdings and Market Movers to create a more powerful feature that makes it easy to view your entire portfolio’s performance and compare it to major market indices today and over past periods. For example, did your portfolio outperform the S&P 500 today? What about the past month? You can select individual holdings as well and compare them to your overall portfolio and market indices, and view one-day balance changes or changes over time.
We updated our Performance feature to include views of overall and individual investment account performance, displaying reinvested dividends, cash flow, and splits. You may now also view the real performance of an investment account and determine which accounts are under-performing or dragging down your overall portfolio. Our Asset Allocation feature is also much faster and now lets you view your allocation on an individual account basis.
The content contained in this blog post is intended for general informational purposes only and is not meant to constitute legal, tax, accounting or investment advice. You should consult a qualified legal or tax professional regarding your specific situation. Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
Any reference to the advisory services refers to Personal Capital Advisors Corporation, a subsidiary of Personal Capital. Personal Capital Advisors Corporation is an investment adviser registered with the Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training nor does it imply endorsement by the SEC.