Thanks to the internet, finding a solution for all sorts of dilemmas has become easy. It extends to keeping track of investments as well. It is because there is a need amongst investors like you to have easy access to your investments anytime and anywhere. It will not only save your time but also protect investment details. The latter is an issue in offline methods such as filing investment records, as it might get lost. The subsequent retrieval process is cumbersome too. Therefore, keeping a record of investments online eliminates such unnecessary hassles.

What are the ways to track investments online and how to keep record of investments? Let’s have a look at them in detail.

a. Investment management app

Whether you are an android or iOS user, you can download an investment app such as Investment Safeguard to keep a record of your investment details. As far as online solutions go, it is undoubtedly the best one. Following are the reasons why -

1. Keeps your family in the know - Investment apps give you the option of family login, where you can share details with your family as per preferences. This will keep them in the know and will be useful in situations involving a mishap or paying hospital expenses.

2. Track all your investments in one place - Whether it is insurance, gold, property, fixed-deposit or a medi-claim, you can save different types of investments on the app.

3. Gives timely reminders - The app will send you reminders to make sure everything is fine on your end. If you don’t respond, the app will contact your family for the same.
You can also configure the frequency at which you want to receive these reminders.

4. Secured platform - Investment apps are encrypted, which makes it impossible for a third party to access it. Thus, your investment details will be safe and sound.

Not only the above reasons make an investment app the best solution for you, but also because it is easy to set up. All you have to do is follow this four-step process -

●Register and create an account
●Add your investment details
●Add your family members
●Configure your reminders

b. Spreadsheets

If you like drawing spreadsheets in a book to track investments, you can replicate this online. The two platforms are - Microsoft Excel and Google Sheets.

These are two ways by which you can keep a record and protect investment details.Choose the one that you are comfortable with and get started!

Author's Bio: 

Thanks to the internet, finding a solution for all sorts of dilemmas has become easy. It extends to keeping track of investments as well. It is because there is a need amongst investors like you to have easy access to your investments anytime and anywhere. It will not only save your time but also protect investment details. The latter is an issue in offline methods such as filing investment records, as it might get lost. The subsequent retrieval process is cumbersome too. Therefore, keeping a record of investments online eliminates such unnecessary hassles.