financial analysis of investments
I use Quicken to download banking and brokerage information and it works great. What that means is that quicken contains all transactions related to a stock, including purchase price, commissions, dividends and current market price. If I have private investments that I track, I would also have similar information in terms of Initial Investments Costs/Price, Cash returns, and Current Value. Since all that info exists in quicken, it would be really easy to have Quicken use a the equivalent of Excel's XIRR function to computer an annualized IRR one or more investments. This way I could see how various investments of mine have fared. For example, I might compare three stocks and an apartment building over the last five years. See the attached jpeg. (note - when I use the words "Total IRR", I mean the total IRR for both cash and unrealized gains but still on an ANNUAL basis). Using annual IRR information I find is a very useful tool for comparing actual or potential investments.