Thursday, March 20, 2008

Tracking your Nigerian Stocks...a tool you can use!




I practically "sneaked" back to the office to write and make this post. I couldn't go another week without a post...I was sure to be on a guilt trip during the easter holidays...over one month since my last post...gosh! What was I doing? Well I have been busy of some sort with plenty of fun many times in-between. The highlight for me was winning a bronze medal in the team squash competition of the Nigerian Oil and Gas games held in Abuja last month. I was severely trounced by many opponents, but being able to win a bronze medal was down to members of my team and just goes to show that sometimes in life, all you need to win is to just "participate"... at least your name will be on the roll call!

Before I delve into my picks for the month of March/April ( can you believe March is over already?) in a separate post, let me use this post to introduce you to a tool I came across last month that has really brought sanity to the way I now track my stocks.

Prior to discovering this tool, I had this very simple excel sheet I developed for my use with the tedious task of following stock prices and updating them manually. It was quite effective and I had used it for the past 3-4 years. Up to a point, I was hoping I could make it available to readers of this blog. But now there is no need for my excel sheet anymore! I now use a very user friendly tool on http://www.investordelight.com/.

This site provides a tool that you can use to enter all the shares/stocks you have. You can provide all the details that includes: when you bought them, the name of your broker, the charges you'll incur when you buy and sell, and also providing you on a daily basis your stock performance. The site automatically updates with the latest stock prices upon conclusion of a trading session at the stock exchange. If you so choose, you can receive a mail on a daily basis on how your stocks are performing showing price and percentage gains. I was quite excited about the tool because it perfectly mirrors my excel sheet, but more importantly provides a lot more (even when I sell, the tool allows me to make the necessary deductions!). I give a lot of kudos to the developers of the tool. I recommend you use this site and reduce the worries on how to track your stock performance.

With some very simple steps after registering on the site, you are good to go...and for your information, it is free!

so visit http://www.investordelight.com/ today and enjoy!


Have a great Easter!

3 comments:

Anonymous said...

Thankz a bunch for the tool.

Anonymous said...

Been using it for a while now.. love it! and now for the march stock picks...?

Anonymous said...

Anon comment above was by Uche Babatope.. couldn't put in my name and next thing i knew it'd published as 'anonymous'.
Oya for those march picks..