How To Effortlessly Track Your Investments With StocksCafe (Review)

StocksCafe Review
This article contains affiliate links. You can read more about affiliate links in my Editorial Guidelines.

Tracking all of your investments can be really hard.

This is especially so if you buy stocks in different exchanges.

Do you ever wish that there could be one platform that tracks everything for you?

StocksCafe might just be the answer!

What is StocksCafe?

StocksCafe is a portfolio management platform developed by Evan Koh.

This platform allows you to track your stock holdings from these 6 exchanges:

  1. Singapore (SGX)
  2. Malaysia (KLSE)
  3. Japan (TSE)
  4. Hong Kong (HKEX)
  5. England (LSE)
  6. USA (USX)

The 2 stock exchanges being tracked in the US markets are NYSE and Nasdaq.

To start tracking your stocks with StocksCafe, you will need to input your entire transaction history into the platform.

StocksCafe How It Works

After that, you will be able to track how all of your stocks are doing in one place!

You are able to track other assets and liabilities that you may have together with your stocks. This will give you a bird’s-eye view on your entire finances.

How do I add my transactions into StocksCafe?

This is the most important step to start using StocksCafe!

You will have to go to the transactions page (Portfolio → Transactions).

StocksCafe Transactions

There are 5 tabs that are found in this section:

  1. Overview
  2. Summary
  3. Add
  4. Split
  5. Import

Overview

You are able to see an overview of all the transactions that you have made.

StocksCafe Transaction1 Overview

Summary

The summary tab gives you a summary of your transactions for each month.

StocksCafe Transaction2 Summary

Add

Here, you can add each transaction manually.

StocksCafe Transaction3 Add

There are a few compulsory fields that you’ll need to enter:

  1. Transaction type (Buy / Sell / Fees)
  2. Stock Code
  3. Date
  4. Portfolio
  5. Units purchased / sold
  6. Price paid / received (for each unit)

It may be pretty tedious to add all of your transactions using this method. You may choose to import multiple transactions instead.

Split

Apple had a stock split in August 2020.

These stock splits may happen from time to time. Companies may do this to make their stock more accessible to investors.

You can make a stock split transaction as well.

StocksCafe Transaction4 Split

Import

You can choose to import your transactions from a .csv file. This makes it really easy to import multiple transactions at once.

You would not need to manually add them in one by one!

First, you’ll need to create a .csv file. StocksCafe will only read the first 9 columns of your .csv file.

Here’s the information that you’ll need to put.

Column NumberInformation
1Buy (1) / Sell (-1) / Fees (0)
2Exchange Code
(E.g. SGX or HKEX)
3Stock Symbol
4Units Purchased or Sold
5Currency
6Price Paid or Received (based on the
currency that the stock trades in)
7Date of transaction (YYYY-MM-DD
or MM/DD/YYYY)
8Total after fees (You can
leave this blank)
9Notes (You can
leave this blank)

If you are unsure of how to create a .csv file, you can download a .csv file that I’ve created.

StocksCafe Importer CSV

You will have to download the file from Google Drive as a .csv file.

StocksCafe Importer Download As CSV

After downloading it, you can start entering your transactions into the sheet!

First, you’ll need to remove the first 2 transactions that I’ve added as an example.

You are able to leave the column headers (row 1) in the .csv file.

After that, you can add in your own transactions!

Once you’ve added your transactions, remember to save the file as a .csv file!

You can then upload the file to StocksCafe.

StocksCafe Transaction5 Import

If everything goes smoothly, you should be able to see all of your transactions in the overview tab.

Issues with importing transactions

A common issue that you may have with importing the transaction is the date.

If you are using the date format with Excel, it will turn out as DD-MM-YY. As such, the format will be rejected by StocksCafe.

I have changed the column format to be plain text instead of the date format. You should not have any issues with the date!

Another issue you may have is with the number values. Since a .csv file uses a comma-separated format, you cannot use a comma in the data field.

The most common place that you may use a comma is when the price of the stock is at least $1,000.

To avoid problems with importing, here are 2 workarounds:

  1. Remove the commas entirely
  2. Add quotation marks around the field (e.g. “1,234”)

Import transactions from robo-advisors

This import function allows you to import your transactions from robo-advisors too!

Robo-advisors such as StashAway and Syfe will send you a monthly statement. This includes all your transactions for the month.

StocksCafe StashAway Statement

Using these information, you are able to import your robo-advisor transactions into StocksCafe!

However, the statements are not formatted properly. You may not be able to convert it into an Excel file.

You can check out KPO and CZM’s StashAway and Syfe parsers. These will help you to format the transaction statements to a tabular format.

That way, you can place the necessary fields into the .csv file and import it to StocksCafe.

Features

StocksCafe has 60 different features, and it can be really overwhelming at the start!

Here’s a walkthrough of the most useful ones:

  1. Wall
  2. Stock Profile
  3. Portfolio
  4. Other Assets
  5. SSB Tracking
  6. Dashboard
  7. Watchlist
  8. Stock Screener
  9. Risk Manager
  10. Forum
  11. Community

Wall

The wall is the first thing that you’ll be greeted with when you enter the StocksCafe platform.

StocksCafe Wall

Here are 5 things that you can see from your wall:

  1. Trending Stocks News
  2. Popular Blog Posts
  3. Portfolio Summary
  4. Trending Stocks
  5. Stock of the Day

You are able to customise the content on your wall in the preference pane.

StocksCafe Wall Preference
StocksCafe Wall Preference2

Furthermore, you can view the portfolio tab. This provides you with detailed information about your investment portfolio.

StocksCafe Wall Portfolio1

You can view a daily report card of your portfolio as well.

StocksCafe Wall Portfolio2

The best part is that everything is denominated in SGD!

Stock profile

Being primarily a stock platform, StocksCafe has a dedicated profile for each stock.

This provides you with tons of information about the stock.

There are 8 tabs that are available, including:

  1. Summary
  2. Profile
  3. Dividends
  4. Prices
  5. Posts
  6. Users
  7. Alerts
  8. Charts

Summary

You are able to see the price of the stock, as well as the price history in a chart.

StocksCafe Stocks Profile1

Scrolling down, you can see more statistics of about the stock.

StocksCafe Stocks Profile2

You can even write your own summary of the stock.

StocksCafe Stocks Profile3

According to ‘The Neatest Little Guide to Stock Market Investing‘, Jason Kelly recommends you to develop a pitch for each stock you buy. You need to convince yourself that the stocks that you’re buying are really worth it.

This will help you to stay invested in the long term!

Profile

The profile tab gives you access to various metrics about the stock.

StocksCafe Stocks Profile4

You are able to customise the metrics used, according to your needs.

StocksCafe Stocks Profile5

Dividends

You are able to track the dividends payouts for that stock. The chart gives you a visual representation of the dividend yield over the years.

StocksCafe Stocks Profile6

You can check the past dividends given out, as well as the projected dividends.

StocksCafe Stocks Profile7

Prices

You are able to view the performance of the stock for each day.

StocksCafe Stocks Profile8

Posts

This tab will allow you to view any articles that are related to the stock.

You are able to view articles from news sites and blogs.

StocksCafe Stock Profile Posts

User

The user tab gives you a summary of your holdings for that specific stock.

StocksCafe Stocks Profile User

Alerts

You are able to set alerts for the stock as well.

First, you’ll need to create the alert.

StocksCafe Alerts1

You can then set the type of alert that you wish to have.

StocksCafe Alerts Preferences

Charts

The charts tab allows you to visualise how various metrics have changed over time.

StocksCafe Stocks Profile9

These include:

  1. Stock Price
  2. Price / Revenue ratio
  3. Price / Earning ratio
  4. Price / Net Asset Value (NAV)
  5. Price / Free Cash Flow (FCF)
  6. Dividend yield (%)

Portfolio

The portfolio function gives you an in-depth analysis of all of your investments.

There are 9 different tabs, each with their own functions:

  1. Overview
  2. Report
  3. Performance
  4. Profile
  5. Blogs
  6. News
  7. Charts
  8. Dividends
  9. Transactions

Overview

The overview tab allows you to see how your stocks are performing. They are split into their different currencies, but you can the total balance too.

StocksCafe Portfolio1 edited

You are able to see your cash balances as well.

This is the amount of cash that you have in your trading accounts.

This may include the dividends that you’ve received from your investments.

StocksCafe Cash Balance Dividend

Further down the page, you are able to see a detailed analysis about the stocks you own.

StocksCafe Portfolio2

You can choose to adjust the display columns in this section.

StocksCafe Adjust Portfolio Columns

You can customise the columns to your personal preference!

Report

The report tab allows you to see your performance against a benchmark stock.

The benchmarks that you may want to use can be the stock indexes of that market.

The metrics that you can view include:

  1. Time-weighted returns
  2. Monthly volatility
  3. Max drawdown (time-weighted)
  4. XIRR and capital flow
  5. Dividends due / paid
  6. Profit and Loss (P&L)
  7. Projected dividends
StocksCafe Report1
StocksCafe Report2

The default benchmark is set as the Straits Times Index (ES3).

If your portfolio is heavy on stocks on other exchanges, you may want to change the baseline.

For example, if you have a US stocks profile, you may want to use the S&P500 as a baseline.

If you’re buying stocks from around the world, you may want to use VT.

You can choose up to 3 baseline stocks.

StocksCafe Report Baseline

Performance

The performance tab compares your stock’s performance against:

  • The index you have chosen
  • The industry your stocks are in
StocksCafe Performance1

Profile

The profile tab lets you see certain metrics of your stocks.

StocksCafe Profile

You are able to adjust these metrics, but only if you are a friend of StocksCafe.

StocksCafe Profile Adjust Metrics2

Blogs

StocksCafe has many finance blogs in their list.

The blogs tab of the portfolio allows you to track blog posts that write about the stocks in your portfolio.

StocksCafe Blogs

News

The news tab helps you to track any news related to your stocks too.

StocksCafe News

Charts

The charts tab helps you to visualise the weightage of each stock in your portfolio.

StocksCafe Charts

You can change the pie chart to group your stocks according to:

  1. Sector
  2. Industry
  3. Exchange
StocksCafe Chart Sort

Dividends

StocksCafe offers comprehensive dividend tracking for all of your stocks.

There are 4 main tabs to choose from:

  1. Announced
  2. Projected
  3. Due / Paid
  4. Override
Announced

When dividends are announced for the stocks that you own, they will be listed here.

StocksCafe Dividends1 Announced
Projected

You can see the projected dividends for your stocks. This is based on the past dividend payouts that the company had given.

StocksCafe Dividends2 Projected
Due / Paid

You are able to view all past dividends that you’ve earned.

StocksCafe Dividends3 Paid
Override

You may have received some dividends that were not being tracked by the platform.

With the add function, you can manually add those dividends in.

StocksCafe Dividends4 Override

However, you are recommended to feedback to Evan about the missing dividend, rather than manually adding it in!

Changing dividend withholding tax rates

If you invest in certain stock exchanges, you may be subjected to dividend withholding taxes.

These taxes will take a portion of your dividends you’ve earned from owning the stock!

The most popular one will be the US stock markets, which charge a 30% dividend withholding tax.

You will need to update the tax rates in StocksCafe. You can do this by going to Settings → Update Preferences → Dividends.

StocksCafe Settings Dividends

You can update the dividend withholding tax for each stock exchange.

Other Assets

StocksCafe does not just let you track your stocks.

You are able to track other assets as well!

There are 16 different asset classes that you can add:

StocksCafe Add Other Assets

Similar to the portfolio tab, you can have an overview of your assets.

StocksCafe Other Assets1 Overview

You can view the transactions you have made as well.

StocksCafe Other Assets3 Transactions

SSB Tracking

StocksCafe allows you to track your Singapore Savings Bonds (SSBs) as well!

It is possibly the only platform that allows you to do so.

You are able to view the past SSBs that have been issued since October 2015.

StocksCafe SSB1

So how can you add your SSBs into StocksCafe?

You will have to go to the Transactions tab and click ‘Add‘.

For the stock code, you can add the SSB in 2 ways:

  1. Type ‘Singapore Savings Bonds’ and choose the month that you bought it
  2. Type the month (e.g. June 2020) that you bought the SSB

SSBs have a default cost per share of $1.

As such, if you’ve put $3000 into SSBs, your units purchased should be 3000, while the price paid should be 1.

Lastly, you will incur a transaction fee of $2. You will need to add this to the ‘Fees‘ field.

In the end, your transaction should look something like this:

StocksCafe Buy SSB

You can view the interest rates that you’ll receive every 6 months from the dividends tab.

StocksCafe SSB Coupon Rate

Dashboard

The dashboard gives you an entire summary of your portfolio.

There are 2 main features of the dashboard:

  1. Net Worth
  2. Financial Freedom Index

Net Worth

The net worth calculates your total assets minus your total liabilities.

You are able to see how your net worth has changed over time.

StocksCafe Dashboard1

You can see how your income has changed over each year too.

StocksCafe Dashboard4

If you have different portfolios in different exchanges, you can choose to filter them out. This allows you to see how each individual portfolio is performing.

StocksCafe Dashboard3.1

Financial Freedom Index

The other metric that is on the dashboard is the financial freedom index.

This is a metric Evan helps you to calculate how far away you are from achieving financial freedom.

The index is calculated by the following formula: Annual Income / Annual Expenses x 100%

Your income consists of:

  1. Projected dividends for the next 12 months
  2. Upcoming payments for the next 12 months

Your upcoming payments is taken from the ‘Other Assets‘ tab.

The annual expenses has a default value of $60k. You will have to update your expenses to get a better picture of your finances.

The financial freedom index is a quick way to see how close you are to becoming financially independent!

Watchlist

You can add stocks to your watchlist as well.

StocksCafe Watchlist1

First, you’ll have to create your watchlist.

StocksCafe Add Watchlist1

After creating your watchlist, you can start adding stocks to it.

Stock Screener

StocksCafe allows you to screen for stocks too.

StocksCafe Stock Screener

You can choose various conditions, and then view stocks that fit these conditions.

Risk Manager

For those of you who are more investment savvy, StocksCafe comes with a risk manager as well.

StocksCafe Risk Manager

This allows you to see various metrics of your portfolio, such as:

  1. Beta
  2. VaR
  3. Expected shortfall

Forum

StocksCafe has a devoted community. You can ask them anything related to investing.

StocksCafe Forum

There are many posts that will be useful for you as an investor!

Community

StocksCafe has a huge community of Singapore investors.

In the community tab, you are able to view shared portfolios and screeners by other users.

Shared Portfolios

Not sure on which stocks you should be buying? You can refer to portfolios of other investors to gain some inspiration.

StocksCafe Shared Portfolio 1

You are able to see all of the investor’s holdings in their portfolio.

StocksCafe Portfolio Profile

All portfolios are private by default.

You can choose to make yours public if you wish to share your portfolio with others!

Shared Screeners

Some investors may have developed their own investing strategies. These strategies may be based on specific metrics.

With the shared screener function, you can view screeners that other users have uploaded!

StocksCafe Shared Screeners

Evan has created a few screeners, based on investing strategies from various sources.

Again, your screeners are set to private by default. You can choose to make them public to share them with others.

Make sure you research before investing

These community options are a great way to see how other people are investing.

However, this doesn’t mean that you should follow their strategies exactly!

I would suggest to use these screeners and portfolios just as a reference.

Ultimately, only you will know the stocks that best suit your risk profile and strategy.

As such, you should do your own research first before investing in any stock!

StocksCafe App

StocksCafe has a mobile app that you can download on the Apple Store or Google Play Store.

StocksCafe App

These are the main things that you can do on the app:

  1. Wall
  2. Blogs
  3. Portfolio

You are able to check your portfolio on the go with the mobile app.

StocksCafe App Portfolio

The 4 main things that you can do are:

  1. Overview of your portfolio
  2. Current holdings
  3. Dividend tracking
  4. Transaction history

You are even able to add transactions on the app!

StocksCafe App Add Transaction

The StocksCafe app makes it really easy to check your investments’ performances.

However, I would advise you against checking your stocks everyday. You may make decisions that you may regret in the future!

Alternatives to StocksCafe

There are many investment tracking platforms that are available besides StocksCafe.

These include:

  1. Yahoo Finance
  2. SGX Mobile
  3. Bloomberg
  4. Investing.com
  5. InvestingNote
  6. Google Finance

However, StocksCafe is rather unique.

It has features that most platforms would not have, such as:

  1. Tracking other assets besides stocks
  2. Tracking SSBs
  3. Tracking your net worth and financial freedom index
  4. A comprehensive set of features to analyse your stocks

As such, StocksCafe is a platform that you should consider to use!

Pricing

StocksCafe has a free and paid tier.

To become a Friend of StocksCafe (paid tier), here are the fees that you’ll need to pay:

LengthFee
Monthly$4.90/mth
Yearly$39
($3.25/mth)
3 Years$99
($2.75/mth)

Here are the main limitations if you choose to use a free account:

  1. You are limited to 25 portfolio transactions
  2. You can only have a single portfolio
  3. You are limited to 20 active alerts and 15 stocks in your watchlist
  4. You have limited access to the stock screener and dividend strength metric

If you just want to have a quick overview of your portfolios’ performance, the free tier may be sufficient. However, you will be limited to 25 transactions.

By paying to be a Friend of StocksCafe, you are able to get access to all full-fledged features of this platform. This is great if you want to analyse your stocks in-depth!

Verdict

So is StocksCafe worth it?

StocksCafe has an extensive collection of features that will be useful for any investor. Whether you’re a passive investor or a more active investor, there will be something that will help you in your investment journey.

You are also able to add in different assets into your StocksCafe portfolio. This allows you to use StocksCafe as an all-in-one platform to track your financial health.

The only problem that I have is the learning curve can be pretty steep. There are so many features available, and you may not know where to start!

I would suggest to import all of your transactions into StocksCafe first. After playing around with the platform, you can customise it to suit your needs!

ProsCons
Extensive features to track
all of your investments
Learning curve may be really steep
Comprehensive profile for each stockFree tier is rather limited, especially
with the 25 transaction limit
Able to track stocks from 6 countries
Dividend tracking is really
easy across different exchanges
Able to add SSBs into your portfolio
Community allows you to view
portfolios of other investors
App allows you to track your
investments on the go

StocksCafe Referral

If you’d like to give StocksCafe a try, you use my referral link when you sign up for an account.

The referral code will be automatically included in the signup page.

StocksCafe Referral

Alternatively, you can type ‘thefipharmacist‘ in the referral code field when you signup.

You will get 2 months worth of ‘Friends of StocksCafe’ benefits for free!

This should give you enough time to decide if this portfolio management platform is the right one for you.

If you enjoy the features, you can consider paying for the subscription to continue supporting Evan’s platform!


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