Tracking Internal Rate of Return with Quicken or MS Money
Howdy,
My wife and I have 3 Roth IRA accounts at Vanguard and a 401k at Fidelity.* Our Internal Rate of Return (a.k.a. Personal Rate of Return) from 12/31/2004 to 12/31/2005 for each account as calculated by Vanguard and Fidelity web sites were as follows:
Roth 1 = 7.7%
Roth 2 = 8.1%
Roth 3 = 8.8%
401k = 10.0%
What I would like to do, in an ideal world, is to download our transaction history for each account (from the Vanguard and Fidelity web sites) into a software package, and then combine all four accounts into one "retirement" portfolio for which I can compute the overall Internal Rate of Return.
Fidelity says it can download to Microsoft Money Deluxe 2003 (or newer version) or Quicken 2002 Deluxe (or newer version).* Vanguard says I need Quicken 2003 (or newer version) or Money 2003 (or newer version).
My question:* does anyone on this board have experience doing something similar, if so does it work properly or is it more hassle than it's worth?* What works better, MS Money or Quicken?* Which package has better tools to help you understand your asset allocation?* I'm trying to decide which package to buy or if there's something better.
Thanks.
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