www.morningstar.com
Diversity is the key to a healthy stock portfolio. But when your investments become a jumble of individual stocks and mutual funds, how can you tell if your holdings are properly balanced?
Enter Morningstar’s Instant X-Ray. The free online service quickly dissects a portfolio, breaking it down by asset type, industry sector, geographic location and company size. Charts and graphs show how your portfolio is apportioned among growth, core and value stocks, as well as by stock type. Average figures for projected growth, price-earnings ratio, expense ratio and other fundamentals also are provided.
The Instant X-Ray is cool enough when used to peer into a single mutual fund, but you’ll be amazed by its ability to crunch the numbers for a complete portfolio. To find it, click on “Tools” from Morningstar’s home page.