New Feature: Add Notes and Expected Return to Invest. Props.

[ganamide]

I would like to have a notes field for each investment to include pertinent decision making information, such as why I got into the investment, when I should get out, etc.

Another feature I would like to see would be an investment property called Expected Return, which typically would be the sum of a set of possible returns and the probabilities of achieving those returns.

Here is an example: Let's say you buy Microsoft at $30. You might make projections of Microsoft returning different values based on what their actual earnings are reported relative to analyst estimated earnings.

Expected Return = 5%, probability = 0.25
Expected Return = 10%, probability = 0.45
Expected Return = 15%, probability = 0.30

The Expected Return for the security given these probabilities would be .05*.25+.1*.45+.15*.3 = 10.25%

You would need a way to enter the table of Expected returns, probabilities, and perhaps what they are based on (i.e. earnings for next quarter.)

Then you might have a portfolio optimizer that takes into account the single calculated expected earnings value (i.e. 10.25%) to help you determine asset allocation.

The software at the following site has a feature like this:

https://www.alphatheory.com/index.jsp?section=overview

[Mark]

Hi ganamide,

Thanks for the feedback and ideas.

You can have notes on your investments. Right mouse click on an investment, and choose "Investment Data / Notes...". Notes are also displayed as markers on the graphs, so you can assign a date to each note, and see it when viewing graphs as well. Notes are also displayed in your Investment Transaction report.