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Features and Benefits

Wondering what features DRIP Wizard offers? How you would benefit from DRIP Wizard? Here is a brief list of some of the features and benefits of our program:

Cost-Basis Tracking
Capital Gains Calculations
Keep Track of the Value of your Investments
Tax Report
Return on Investment (ROI) Analysis
Simple to Use
Mutual Fund Support
Direct Support for DRIP Fees, Commissions, and Discounts
Suggest Buy/Sell
Dollar Cost Averaging Advantage
DRIP Investor Perks



Cost-Basis Tracking
Manually keeping track of cost basis is virtually impossible for people who reinvest. The problem is with every dividend reinvested, the cost basis increases. Keeping track of all the share and cost-basis of all holdings could be a full time job. When you throw in splits, mergers, and other complications, it becomes virtually impossible. DRIP Wizard automatically handles the task of tracking cost-basis for all your investments.

Capital Gains Calculations
When you sell shares, the IRS will expect you to calculate your capital gains. But with potentially hundreds of purchases to consider, the calculations are nearly impossible. If you only sell part of your holdings, you must also ask which shares were sold, which shares were kept, and how will you keep track of which ones remain? This is NOT FUN! DRIP Wizard handles all the calculations automatically. It then puts the data in your hands, so there's no confusion about how the calculations were made. A Tax Report can be generated, which itemizes all your capital gains and shows how they were calculated. This feature, alone, makes DRIP Wizard a must-have for all DRIP investors.

Keep Track of the Value of your Investments
With an ever-changing number of shares and with multiple companies in a typical DRIP portfolio, something as simple as keeping track of the value of all your stocks can be cumbersome. With all the information in DRIP Wizard, you'll always know the value of your portfolio. And all your stock prices can be updated automatically over the internet with the click of a button.

Tax Report
With the click of a button, DRIP Wizard will generate a printable tax report for all of your investments. The report will include an itemized list of all capital gains, dividend income, investment expenses (deductible), and other tax relevant categories. The program even helps explain where the information should be filed on your tax return. When April 15 rolls around, you'll be more grateful for DRIP Wizard than ever!

Return on Investment (ROI) Analysis
Ever wonder how well your investments are really performing? Because of the large number of purchases at different prices, it's pretty tough to figure this out by hand. DRIP Wizard has extensive ROI analysis. For each of your stocks, you'll know the total return on investment and the overall annual return on investment. With a few clicks, you'll be able to graph historical ROI for any of your holdings. We've even gone as far as to calculate the return on investment for each individual purchase of shares! All the calculations are done automatically. The information is presented to you directly...no need to go digging for ways to find the information.

Simple to Use
Our program has a unique design. While other programs on the market continue to get more difficult to use, we've focused on keeping our design as simple as possible. This allows anyone to use our program comfortably and without hesitation. Whether adding transactions, getting investment analysis, or handling about anything else, you'll appreciate the simple and straightforward design of our program.

Mutual Fund Support
DRIP Wizard has full support for mutual funds. This portion of the program was designed specifically for mutual funds. So you can directly enter information in exactly as it's being given to you by your broker. No need for any 'workarounds'.

Direct Support for DRIP Fees, Commissions, and Discounts
Some investment programs claim to handle DRIPs. But none of them allow you to directly enter in fees and commissions separately and specify who paid for them (i.e. 'you' or 'the company'). Other programs also don't allow you to directly account for discounted purchases. Some have come up with 'workarounds' but they are complicated and confusing. With DRIP Wizard, the information can be directly entered. So you'll know the program will have the most accurate cost basis and ROI information possible.

Suggest Buy/Sell
Wondering which one of your stocks to buy more of (or which ones to sell)? Let DRIP Wizard give you its opinion. Based on a number of criteria, DRIP Wizard will look at the performance, price history, P/E ratio, and diversity balance of your portfolio to help you make a more informed decision regarding your investments.

Dollar Cost Averaging Advantage
Did you know you can actually enhance your profits by dollar cost averaging? DRIP Wizard is the only available program that actually analyzes your purchases and determines the enhancement to your return on investment from dollar cost averaging.

DRIP Investor Perks
DRIP Wizard includes a database of over 800 stocks that offer DRIPs, along with their categories and contact information. DRIP Wizard allows you to keep track of pending orders (sell or OCP orders). It also keeps track of purchase dates for all your DRIPs, so you know when to send the check in. Worried about how much fees and commissions are hurting your bottom line? DRIP Wizard calculates the percentage lost to these extra charges.  Plus lots more of extras!
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Simplisoft LLC  |  2910 Rose Hill St  |  Boise, ID 83705  |  email:  support@dripwizard.com  |  Fax 267.373.4213  |  Copyright 2010  

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