Re: "Investments" vs "Symbol"

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In Reply to: "Investments" vs "Symbol" posted by C.T. Nguyen (yes it is) on September 02, 2004 at 09:44:09:

: Hi Mark: I am going to be one of your customers!

: To the point: I want to use to auto-import/auto-creation feature. It seems like the "Generic" option is most flexible.

: However I need to be able to specify different "investments" that may have the same "symbol". It would be nice to be able to specify both "SYMB" and, e.g., "INVSTMT" fields. I imagine that the "Investment" would be used as the default filename, whereas the "symbol" would be used for subsequent quote updates.

: Background: I want to be able to track, in one account, different sets of "investments". On the other hand, these different investments may involve the same underlying stocks. I would have a "master porfolio" with all the investments included, and sub-portfolios containing each investment subset. Then I can generate reports about each of these portfolios.

: Is this the right approach? This is not a multiple-account issue. If you want more background of my needs to suggest a better solution, we can take it offline.

: Cheers & thanks!

Hello C.T. Nguyen,

Welcome to Fund Manager! :)

I understand what you're looking for, and a new "INVSTMNT" key would
be helpful here. Since we don't have this "INVSTMNT" key today, you
could work around this by:

1) Create all your investment files with a generic price import.
2) Do a "File / Save All Investments" to make sure the investment files are written to disk.
3) Make a copy of any investment files you need for tracking separate transactions.

Another option is to use multiple imports, creating new investments
each time. You would want to close prior investments before doing the
generic price import, so that it creates the new investments, instead
of just updating the investment already open with the matching symbol.
Fund Manager will take care to uniquely name the investment files.
When you use the generic price import to create investments
automatically the default filename for the investment will be the
symbol. If that filename already exists, then Fund Manager will
append a number to the symbol to use for the filename. It starts
searching from 1, and increments this number until an unused filename
is found.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

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