Simple portfolio app that automatically drip feeds
Discussion
I'm paying into an employee share save scheme, so it's 150 a month every month into one specific share always at the price at the start of the scheme, cash out in three years. FTSE stock.
(Yes I know in reality it is an option to purchase the share at the end, but for the purpose of tracking the opportunity that's the same thing).
I just need a free Android app that automatically tracks my "portfolio" of that one stock, ie looks at the current share price and my 150 per month and tells me where I am. Any ideas please?
(Yes I know in reality it is an option to purchase the share at the end, but for the purpose of tracking the opportunity that's the same thing).
I just need a free Android app that automatically tracks my "portfolio" of that one stock, ie looks at the current share price and my 150 per month and tells me where I am. Any ideas please?
The month by month (or any other) method, is of course purely theoretical, because you won't become the owner until the very end.
Perhaps more fun and of course a bigger number, would be simply to occasionally multiply the number of share options you have been granted, by the current share price. You can then look forward to the total value, that you might be receiving in the future.
A word of warning. Some employee share options were due to mature in October 1987. A few excited options holders ordered new cars, before they could sell their options shares. You might not know what happened in October 1987, but it was a 'stock brokers jump from window sills moment'.
Suddenly there was not enough money to pay for those cars.
Perhaps the moral though is, a 1987 new car would now be worth nothing and has long ago been scrapped.
The share value now is about 20 more than it was in 1987 and the dividend income about 30 times more.
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