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NAIC Portfolio Record Keeper
Educational Benefits of Record Keeping
Record keeping is an educational tool that leads to better investing decisions.
NAIC Portfolio Record Keeper - educational benefits of record keeping...
NAIC Portfolio Record Keeper - educational benefits of record keeping...
• Record keeping improves the investment process!– Know where you are, to get where you want to go
• Reinforces the NAIC guidelines for successful long-term investing.– Invest regularly, regardless of the short-term market outlook
– Reinvest all earnings to take advantage of the magic of compounding
– Invest in growth companies
– Diversify to reduce risk
• Understand & Build Portfolios Consistent to Goals, Risk Tolerance
• Leads to greater self-reliance.
• Compliments SSG analysis tools.
• Why Diversification is so important - a simple test….
– What would you prefer for 2 year portfolio performance?• Year 1 = +80%
• Year 2 = - 50%
– or:• Year 1 = +5%
• Year 2 = +5%
• Which leads to better results????…..
NAIC Portfolio Record Keeper - educational benefits of record keeping...
– Year 1 = +80%
– Year 2 = - 50% • Start with $10,000
• 80% return = $18,000
• -50% return = $9,000 balance
• $9,000 - 10,000 = -$1,000 loss. Whoops!!!
– Year 1 = +5%
– Year 2 = +5%• Start with $10,000
• 5% return = $10,500
• 5% return = $11,025 balance
• $11,025 - 10,000 = $1,125 gain. Diversification leads to better performance.
NAIC Portfolio Record Keeper - educational benefits of record keeping...
• More efficient tax planning
• Simplifying complicated transaction accounting– spinoffs, mergers, tenders, exchanges, etc.
• Managing multiple portfolios– aggregate details for multiple portfolio accounts.
• Estate Planning– be prepared for pending estate tax law changes
NAIC Portfolio Record Keeper - educational benefits of record keeping...
• In this session, we’ll review the basics of PRK and demonstrate features that you will find educational, while leading to better portfolio management of investments.
– Portfolio transactions
– Internet access to update prices
– Reports and graphs
– Valuation ratios
NAIC Portfolio Record Keeper - educational benefits of record keeping...
• Reconcile statements
• Keep track of security basis– changing tax laws
• Make more informed decisions during year– weed and feed, monitor diversification
• Tax planning consequences
• Handle complex transactions
• Know where you are, to get where you want to go
• Becoming more educated about what you own
• Gaining self reliance
NAIC Portfolio Record Keeper - educational benefits of record keeping...
Requirements & Purchase Information NAIC Portfolio Record Keeper v4.
• Requires Win 95+; Pentium II 266mhz, 16 MB RAM recommended.
• $40 Upgrade from previous v3
• $89 for NAIC Member
• $129 non NAIC Member
• Available at NAIC Software booth here at CompuFest, or call NAIC @ 877-275-6242, ext. 0
• Web sites:– http://www.quantixsoftware.com– http://www.better-investing.org
User comments often provide objective testimony to a product. Here’s an all-time favorite….
• “As a user of Portfolio Record Keeper for many years, I wish to commend you for its superior performance. I’ve tried them all - and bar none - it’s the best piece of software I’ve ever owned. PRK gives the investor decision-making capability and it’s accurate to a gnats eye. I’d give up my “husband” before I’d give up Portfolio Record Keeper.”