Disclaimer
I’m not a certified financial planner/adviser. I am not a certified financial analyst. I am not an economist nor a CPA nor an accountant nor a lawyer. I’m not a finance professional through formal education.
I’m retail investor who believes and takes pride in a sense of freedom, satisfaction, fulfillment and empowerment that I get from being financially competent and being conscious managing my family’s invested monies.
The contents on this site are for informational and entertainment purposes only and does not constitute financial, accounting, or legal advice. I can not promise that the information found on this site is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
With the Retail Investor In Mind
The retail investor often collaborates, shares information, leanings, tips and insights in online forums. It is in the online communities where the idea of using R programming for portfolio tracking originates. A recurring theme raised by many new investors in the forums is how to track and analyze portfolios. There are plenty of options available for portfolio tracking available ranging from DYI spreadsheets to robust online services.
One problem remains consistent in these options. That problem is many of these options require cumbersome steps in preparing, maintaining and administering the data for these options to be useful. Why not be part of the solution?
Being Part of the Solution
This web application addresses the tracking problem with three guiding principles in mind, an application that is Value for Money, provides Meaningful Metrics and is a Simple Interface.
Value for Money
Applying open source methods to provide great low-cost development. That is not to say the application seeks to apply only free, questionable services to try to build some product to charge a fee to users. There are plenty of enterprise-grade open source options available in the marketplace. This application is a consumer of one the best in statistical analytics and web application development available today.
All of the data mutations supplied in this service are done in the R Programming Language. Not only does R open up a host of statistical options, it brings capabilities that simplify many of the challenges the Retail Investor experiences in portfolio tracking. Using programming based in open source principles results in world-class capabilities being made available to users of this application.
Meaningful Metrics
Straightforward metrics presenting key investment insights. Investors need the ability to efficiently assess the performance of their investments. No matter if the assessment is done at the individual stock/security or the full portfolio, this service will always put a premium on providing clear, concise data measures. Each time using the application, the user should have an experience that has provided meaningful data presentations.
Simple Interface
An effective User Interface. Simplicity in design while providing value and meaningful outputs is a cornerstone to this application development.