The Lemon Fool

I have a number of portfolios in Yahoo Finance (HYP, IT's Watchlists etc).
Today there is a new piece of information "We are discontinuing Basic Portfolio. Please upgrade to Portfolio 2.0."
I have been ignoring their suggestions to convert up until now as I was quite happy with the Basic version, which I must have been using for years.
Has anyone performed this conversion with their own portfolio(s)?
If so, what conclusion do you have?

Adrian

Upgraded mine yesterday. No difference, but that could be because I created my own personal view for the display.

I too use Yahoo portfolio and have seen the warning message. I went to Google to seek advice on upgrading and saw some savage criticism of the new scheme. This has rather put me off changing. I wonder if there a way of downloading existing holdings then, having created a new P2 portfolio, uploading. I am hoping that, surely, I don't have to type in holdings.

Cinelli

Just upgraded mine - no change that I can see. I have a number of watchlists which I converted first before converting my main portfolio listing. When they switched ok I went ahead.

cheers
Spiderbill

Has anyone worked out how to edit a "Note" against a holding in Portfolio 2.0? Thanks.

Cinelli

cinelli wrote:Has anyone worked out how to edit a "Note" against a holding in Portfolio 2.0? Thanks.

Cinelli

Ah! Notes!

Used to show up on the 'Lots' display when you clicked the arrowhead on the left of the ticker in the My Holdings page - but now doesn't!

I've found it by going to My Holdings, opening the 'Lots' dropdown by clicking the arrowhead.
This gives a view of all* the transactions you've made.
This has three 'tabs' Share Lots, Transactions and Dividends
Click the 'Transactions' tab and 'Notes' is at the end of the row, followed by three dots ( ... )
Click the dots and select 'Edit transaction and you can edit anything in that 'lot'.
(*) When I say 'all', it only displays the latest 5 transactions, you have to click on 'more' to see older ones.
Also, I assume it will show Sales as well as Buys but I haven't got any sales transactions.

Personally. having converted my portfolios last week, in case they decided just to turn the old version off without any further warnings, I find the new version 2 almost useless. I have thought about posting what I dislike about the new format, but decided I needed a lengthy post to describe it all and haven't yet found the time.

Has anyone looked at their portfolio on a mobile? My iPhone 14 using Safari only shows the Symbol, total shareholding, total holding value, daily percentage change and the (completely useless!) column Status (all mine are 'Open' except for indices which are 'No shares'

Adrian

I've just upgraded mine, but I haven't noticed any changes yet. Before converting my main portfolio listing, I converted several watchlists without any issues. Once those switched over smoothly, I proceeded with the main portfolio conversion.

Thank you, Adrian. This is really helpful. I reckon that the people at Yahoo think they are doing us a favour by making an all singing/all dancing portfolio service whereas we users want just a simple tool to track our shares.

Possibly to save you typing what you dislike about P2.0, this is the comment I found on Reddit:

I'd just like express my profound disappointment and frustration with the recent changes to Yahoo Finance portfolios. The upgrade to version 2.0 has been nothing short of a catastrophe, and I cannot remain silent about the havoc it has wreaked on my investment tracking experience.
Whoever was involved in the rollout of this update should be utterly ashamed of themselves. What was once a perfect, user-friendly tool for monitoring my stocks has now been transformed into an unusable mess. My carefully curated portfolio, built up over years of diligent investing, has been ruthlessly decimated by this ill-conceived update.
I despise Yahoo Finance 2.0 with every fiber of my being, and I want the entire support team to understand the depth of my devastation. There is no way to switch back to the previous version, leaving me stranded with a tool that is utterly inadequate.
The requirement to input purchase dates for each stock is absurd and infuriating. Not only does it disrupt the functionality of the platform, but it also wreaks havoc on the mobile app, rendering it virtually unusable. Attempting to input a random date only serves to distort the accuracy of my portfolio, as it inexplicably alters purchase prices. There is no viable workaround for this glaring flaw, and it is a blatant betrayal of the trust that users like myself have placed in Yahoo Finance.

The poster goes on a bit longer in the same vein.

Cinelli

wow! I wonder how that poster is coping with the change to The Archers schedule on Radio 4? That's pretty annoying as well.

Still, assuming the poster lives in the USA he can always go out with his gun and shoot a few people up. That will make him feel better.

But being serious, co-incidentally I had just set my portfolio up in Yahoo Finance and on the same day converted it to 2.0. So I cant compare old v new, just add that I find 2.0 pretty good.

The only odd thing is that on the app - but not on the web version - the cumulative gains showing are very odd (suggesting I've gained £3.2m over the last 12 months which is obviously wrong, although it shows the right % gain) whereas the web version is showing the correct value and % gain.

AndrewInDevon wrote:change to The Archers schedule on Radio 4?

WHAT!