As an investor, if you wish to free yourself from arduous tasks like managing investment details, you must download an investment tracker app. You can not only store your investment details in this app but also track the progress of your investments. An investment tracker app also has an added advantages. Here’s a list for the same.
1. Stores all types of investment details
An investment app understands that you have details from multiple investments to store. Therefore, an app makes sure you never fall short of space.
As far as uploading these details go, it is hassle-free. You can upload them in two ways - fill the requisite rows or upload the image/PDF file of your investments. Once you upload, all the data will be at your fingertips. Therefore, you can quickly produce these documents whenever necessary.
Some mobile apps also allow visibility to individual family members. We will elaborate on this in our next point.
2. Keeps your family in the loop
While tracking investments is important, it is also essential for your family members to know about these investments. Let us take the example of a mediclaim. In case you meet with a mishap, your family members need to have your mediclaim details for reimbursement or cashless payment of your medical bills. But, you also prefer to share these details with a very few given the sensitivity of the information.
An investment app understands your concerns. Therefore, you can add as many members as you can but give preference to a selected few. After verifying their contact details, you can customize the type of notifications they can receive. Thus, you can keep your family in the know about the details you are comfortable sharing.
3. Provides timely reminders
After adding your investment details and family preferences, you will receive reminders from the app to make sure everything is fine on your end. You can also configure the type of reminders and the frequency at which you want to receive notifications.
4. Secured platform
With modern security features encrypting investment apps, a third party can't access it. Therefore, it eliminates the risk of data hacking or data leak. Thus, your investment details in the app are safe and sound.
So, if your question is “how to keep a record of investment?”, the answer to it is downloading an investment tracker app!
As an investor, if you wish to free yourself from arduous tasks like managing investment details, you must download an investment tracker app. You can not only store your investment details in this app but also track the progress of your investments. An investment tracker app also has an added advantages. Here’s a list for the same.