I've been using Microsoft Money to track stock, bond, and option investments. I had compared Money and Quicken on the ability to download data from a broker and track investments, and at least back in 2007 Money was easily two or three times better than Quicken for non standard investments. Money handled stock options - both long and short - correctly, and also did a much better job with bonds. Money's error handling and ability to make sense of complex hedges was really impressive, and Quicken's abilities were just buggy. Everything with Quicken had to be patched by hand. Quicken did a fine job with stocks, but I have plenty of non standard investment types like options, so I cannot afford a tool that doesn't deal with these correctly.
Well, fast forward three years and it looks like Money is out of business (amazing!!). Has Quicken's ability to handle stock options and bonds improved any?
If Quicken is not the right tool for most advanced instruments like options, is there another tool out there I should be considering? I'm starting to deal with partnerships now too, so it would be a plus if the tool could handle the more complex tax issues that these involve.
My main application is to download data from brokerages automatically, and then to run Schedule D reports end of year to determine capital gains. It would certainly be nice if the tool showed return on investment of anything in your portfolio that has not been sold yet too.