Navigating Portfolio Visualizer's New Design and a Free Alternative
Вставка
- Опубліковано 10 чер 2024
- One of my favorite tools, Portfolio Visualizer, just launched a new design. In this video, I'll show you how to navigate the changes. Unfortunately, one change is to limit the amount of backtesting data you have access to in the free version. I'll show you a free alternative.
Portfolio Visualizer: www.portfoliovisualizer.com/
Test Folio: testfol.io/
Timestamps
0:00 - Changes to Portfolio Visualizer
0:34 - The old Portfolio Visualizer
1:46 - Navigate the tools
2:27 - Asset Allocation
4:17 - Backtest a portfolio
5:50 - Free tool/Test Folio
6:34 - Add a portfolio
7:54 - Output
9:06 - Financial Freedom
Join the Newsletter. It's Free:
robberger.com/newsletter/?utm...
Financial tools I use:
I track all of my investments, performance, fees, and asset allocation with Empower. It's Free:
robberger.com/empower
My retirement plan comes from New Retirement, the most robust retirement planner available at a reasonable cost:
robberger.com/new-retirement
I used Capitalize for my last 401(k) rollover. They did all of the work, and it's Free:
robberger.com/capitalize
My budgeting tool of choice is Tiller. It downloads all your banking data to Excel or Google Sheets:
robberger.com/tiller
We save and invest our credit card rewards. Here are some of my favorite credit cards:
www.allcards.com/best-credit-...
My Book (Retire Before Mom and Dad):
amzn.to/4d9qbhA
#retirement #investing #robberger
ABOUT ME
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (amzn.to/3by10EE)
LET'S CONNECT
UA-cam: / @rob_berger
Facebook: / financialfreedomguy
Twitter: / robert_a_berger
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning at no cost to you I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom. - Навчання та стиль
This change is a real bummer. RIP Portfolio Visualizer
Thanks for the heads up and walkthrough Rob. $30 monthly for the average person is nuts!
if your going to pay that -- then what are the better "paid" tools
I spat water out of my mouth when you said $30/month. Just put ads up, I wouldn’t pay that much for any website. Even if they ask for donations I would buy the devs a coffee
$30 a month is ridiculously overpriced whether you are a casual user or a professional.
I'm a pro and pay $300 a month for some tools. Not fun, but $30 seems like a steal in comparison.
This is more than I pay Mark Zoril and I get access to eMoney. No way I’m paying $30/month to look at data that is available for free elsewhere.
@@ThePurpleSnork you sound like a bot for portfolio visualizer.
Thank you Rob for saving the day. I've used PV for years on a regular basis and found this 10 year limit on data quite disappointing. Happy to discover this alternative.
Rob's the best! I was just at PV last night trying to use it as I have for months now and thought I just didn't know how to navigate it. Good to know I hadn't lost my mind, but hugely disappointed to lose such a great free tool. No way I'll spend $360 a year for it, not even close.
$30 a month is crazy, just advertise. You have a good tool, and there's nothing wrong with wanting to monetize it, but most people only use it occasionally.
This.
Honestly seems like the Vanguard bug of nickel and diming loyal users is spreading...
I have a paid subscription, I noticed the changes last night 5/17/24. The format is a bummer, one of the greatest things about PV was the simplicity. I noticed tonight right before I watch this video that there was a link back to the LEGACY version. I’m not sure it was there before. It’s highlighted in blue. Thanks Bob for all you do.
Where is the link for the legacy version?
testfolio is great. Never knew it existed. I'm ditching portfoliovisualizer as there's no need anymore. Thanks so much for this video Rob. I put on a chart of McDonald's and it went back to 1966! This is insane.
Hey Rob. Thanks for the video. I just stumbled onto this change about an hour ago. Very disappointing. I loved the classic version - very utilitarian. The new has a more modern look, but feels rather clunky. It won't earn my subscription dollars at that price.
Thanks Rob (and newsletter subscriber)! Very helpful information. You had our backs once again! ;)
Thanks for sharing @Rob. Perhaps you’ll give consideration for adding the Test Folio program to your website under useful tool links?
RIP visualizer...
Wow Rob you don’t miss a tic , you were right on this change!
Thanks Rob!
Thanks. Always is good have an alternative.
Well, I guess PV is (actively) going after the professional (advisor)... (though, I have to imagine they have portfolio analysis tools already).
$30/month is way too high for the DIYer.
Thanks very much for the video, and the alternative.
The free tool looks great, I'm definitely not using Portfolio Visualizer anymore. One big advantage (besides no 10-year limit) is that you get data up to the current day, instead of up to the previous month. That's huge!
Sheesh I was just in the site the other day, didn’t know this was coming
Sad to see it go, brought so much clarity and debunked so much bad info out there.
thanks
Looks like you can't buy just a month. "Billed annually" $360/year is way too much for an individual investor.
I get that they need to have income and they have expenses for the database, etc. But it's like a sidewalk lemonade stand selling for $10 a glass. Be too greedy and you get nothing. $5 a month would be acceptable but not $30.
And 10 year backtest is useless. That's way too short. Darn.
might have thought to pay $10/month or $1 every time you use it
“The Way Back Machine”. Wasn’t that the Adventures of Underdog?
It was Mr. Peabody and Sherman.
No, it was the Peabody's Improbable History segments in the Adventures of Rocky and Bullwinkle show.
10 years isn't too useful.
Its works now!!! going down to 1985 is freee!! check it out guys
the 10 year limitation is a shame, I wished it was at least a little more flexible like post 2000 or something like that since the last 10 years isn't particularly useful. Thanks for the alternative!!!
they now limited it to 5 years
Next!
@rob berger: been listening to you many years. Great stuff. I am confused how some software shows spending in inflated dollars and some don't. How can software show we don't run out of money, if not using inflated numbers??? May you could do a show on that?
Try and use the free one for the show!
I'm not spending $30 per month and I'm not using a tool with limited years nor will I be referring anyone to this in the future. I understand they have costs but so do I I'll continue using other tools including the ones provided by the entities that I have my investments in.
What is the way back machine?
I just used it this morning and I though I had the wrong website.
Are there any other free websites that are good?
I saw a brief comment in the newsletter and looked last night. So much “why”.
Nowadays, web content alters slightly, but consistently. This was jarring and radical.
Moving onto TF, and maybe glancing back at PV.
how about etf-portfolio?
etf-portfolio seems very solid. Lots of capabilities and allows a long list of ETFs to be included.
Do both sites show the same backtesting results?
Testfolio is great but unfortutately, there are a lot of funds where the data is not showing correctly on the chart. For example, VTRIX shows an immediate drop on Jan 1, 1988, which is clearly a stock split or capital gain distribution that is not being accounted for.
🤘🏻
Is it just me, or do these two tools give different results? I've run a few test portfolios over short durations, and the numbers don't match up. For example, VTI from 2020 through 2023 has a CAGR of 11.45% in Visualizer, and 11.27% in Testfolio. I've been trying to work out why, but no luck so far. A man with two watches.....
Actually, running just 2023 for VTI, Portfolio Visualizer matches the Morningstar performance data for 2023 (26.05%), and Testfolio is reporting a bit higher (27%). Not sure if it's user error or the tool.
There is definitely an issue with TestFolio. Its backtest results do differ. I have calculated the backtest on a couple samples using the annual total return as noted by Morningstar or Yahoo Finance and the CAGR is consistent with Portfolio Visualizer but not Testfolio - not sure why?
I'm not getting the "Customize Data" option when I follow along with you.. Am I the only one?
Why can't the big financial institutions subsidize a free one? The 5 big banks and Vanguard, Fidelity and Blackrock. Or just one of them and they could get people interested in their company by offering it.
Great idea!
The less informed the plebes are, the better
The tool leveled the playing field for the DIY investor. Big banks/brokers want you to pay a percentage of your assets to manage them.
@@dobiesj Vanguard could provide it. I don't think it would cost too much. Portfolio Visualizer provided it for free for years Or Vanguard could charge a small fee.
@@canyonoverlook9937 I seriously doubt Vanguard has any desire to offer such a tool because most of their clients just buy a few of their funds. Vanguard isn't the broker of choice when it comes to buying individual stocks, options, or shorting/hedging the market. There's a reason why brokers don't offer these kind of tools, they want to create and manage your portfolio for an ongoing percentage of assets managed.
Boo - guess they weren't making enough money. Can we do this in excel if we have access to raw market data?
Brando: "Look how they massacred my boy..." RIP, Portfolio Visualizer.
You don't mind the look of it? Hello, looks don't beat good data. New site blows Rob!
they ruined it
Its awful!
I logged on earlier and thought I was going crazy. Not a fan other than the appearance.
Thanks, Rob. Maybe I am lazy but, there is no need to backtest any portfolio our is 70% 30% slightly better than 60% 40%. Simple
Definitely don't care for the $30 subscription. Not sure what their thought is there, usually folks try to grow traffic and sell ads. Not sure how many takers they'll have for $30.
With the new "Asset Allocation", PV ditched the table views, which made portfolio-to-portfolio comparisons super easy, and eliminated all the sub allocations like growth/blend/value/emerging/etc.. Why would they lobotomize their old interface like that? Confounding.
The new interface is annoying. Bring back the old (easier) interface!!!
You can no longer model RMDs either.
This is really bad. It was so easy to compare funds we were considering and to see how fund rebalancing affected things. And I don't use it every month. Results of another great management decision.
Approximately 45/30/25 US Equities / Gold / Mid or Long UST. Re-balance semi-annually.
There I saved you hundreds of backtesting hours ;)
9-9.5% CAGR, max 20% drawdown, since 1972.
If you don't want to hold bonds in inflationary times, you can do 60/40 SPY/Gold, but it has 27% max drawdown.
If you want more alpha, 14-16% CAGR, with only 2% more max DD, add in 5% BTC. It's now an asset class on its own many still neglect.
Financial freedom tastes good.
(Disclaimer: Your goal might be different than mine. 20% DD might be too much for you. My goal is returns similar to the stock market with no more than 20% DD).
30% in gold? Get lost 😂
@@afridgetoofar1818 And what is your non-correlated asset class of choice to limit max DD to 20%? Please enlighten us.
RIP portfolio vizualiser 😢😢😢
They totally screwed it up. Its awful!
Absolutely hate the new layout.
The new web page design is a big step backwards from the old design. It looks like it is aimed at newbies who like pretty screens instead of compact data presentation. As if newbies are going to pay $360 a year for this.
Oh, yuck! It doesn't have a scroll bar on the results. It's just one looooooong screen. You have to use the mouse scroll wheel to move up and down. Or the sidebar to jump around. Terrible design.
Unwelcomed change..
Damn...10 years. bleh.
Wow, horrendous design! RIP.
You just lit your website on fire. What a huge loss this is to humanity and human knowledge in general.
everything is worse. typical "development". in particular the results are so much harder to review. obviously designed for a mobile phone. the way all decent websites are getting ruined nowadays.
It’s terrible even on the phone. They destroyed it.
This really sucks.. I'd be happy to pay maybe 10 bucks a month and give me the old website back.
really terrible new layout
Horrible