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Old 12-27-2014, 03:01 PM   #21
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Join Date: Aug 2007
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Quote:
Originally Posted by braumeister View Post
I use Moneydance for everything.
As to investments, I can just say it works, mostly. There are a few minor difficulties (for example you have to use a somewhat awkward workaround for stock splits, etc.), but on the whole it's good enough for me. And it's very stable.
I've also had very good luck with Moneydance. I converted at the beginning of 2013, so I now have about two years of data in Moneydance. Like any of these programs, they all seem to have their little quirks. I originally started with MS Money, migrated to Quicken when MS Money was discontinued, and then moved from Quicken to Moneydance. My move from Quicken to Moneydance was for two reasons: I was sick of the forced upgrade every 3 years - I was OK with paying, I just hated to deal with all the new issues in Quicken - and I wanted financial software that was cross-platform, in case I ever go from Mac to some other platform.

A couple of quirks that I've noticed with Moneydance is that their default investment reports don't seem to calculate IRR correctly. That's minor for me, since I use a spreadsheet with XIRR to get this value, but it was always nice to confirm that the spreadsheet matches the financial app. I also don't like that you can't group investments across accounts, something that I was able to do in Quicken. Instead, Moneydance generates a report showing all the accounts and their investments. Again, a minor inconvenience. If I was so inclined, I could always write a Moneydance extension to solve these problems. Maybe someday.
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