price = 1

[jcarrallo]

Hi,
I would like to keep 1 investment with a price = 1 and keep it at 1 when I retreive prices.
Can I do this?
many thanks,

[Mark]

Hi jcarrallo,

You can turn off the option to retrieve price for this investment. This is quite common, especially for cash type investments. See "Investment Properties... / Internet Retrieve" and turn off "Retrieve Price".

[AssetHound]

Mark,

In addition to doing what you suggest, I go in a manually enter a 12/31 price of $1 for the current year. FM appears to look forward for pricing when calculating correlations, and this will give me a figure for my money market accounts -- but, more importantly, for the entire portfolio.

No problems doing this? Right?

[Mark]

Hi AssetHound,

There is no problem doing this, but it isn't necessary either. If all the prices are $1, any price needed for a future date will also be $1. When FM interpolates past a prior recorded price, it uses that last price.

FM has an option to do either "Linear" or "Step" interpolation. In the case for the very last recorded price, it will always use Step, since there aren't 2 points to draw a straight line between.