Way to track Investments

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PaulG
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Way to track Investments

Post by PaulG » Wed Oct 10, 2018 10:21 am

I'm looking for a way to track investments so I can update their value manually and record their movements. For example on the 1st September one might be worth £10,000 but on the 1st October it's only £9800. I could just find out the difference each month and add / subtract it but that doesn't seem very elegant. I could also simply keep adjusting the opening balance but that wouldn't give me a record of movements. Any suggestions welcome, I'm sure I'm missing something obvious. Thanks

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RLebeau
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Re: Way to track Investments

Post by RLebeau » Thu Oct 11, 2018 1:56 pm

AceMoney has a Portfolio section for tracking investments. In there, you can enter transactions that affect the value of your investments (number of shares, dividends, etc). Typically, you would login to your investment account online, download transactions, and import them into AceMoney. Or you can enter them manually.

An investment is also associated with an account on AceMoney's home screen. In there, you can enter cash transactions related to the investment, and then the home screen can be configured to display the total of cash + shares value for the investment account.

See the Investements section of the AceMoney FAQ.
Remy Lebeau
Lebeau Software

User of AceMoney since 2004.

PaulG
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Re: Way to track Investments

Post by PaulG » Tue Oct 16, 2018 7:28 am

Hi, thanks for the quick reply. I perhaps should have explained better, I want to track a pension investment which is a managed fund rather than individual shares with a number of units, price, etc. All I want to do is to check the value each month and be able to enter the current value. This would allow me to see how the value is going over the year.
I could give an opening balance then each time I check work out the difference and use that to adjust the current value but this seems a bit over the top! Hope this explains it better...

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RLebeau
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Re: Way to track Investments

Post by RLebeau » Tue Oct 16, 2018 12:40 pm

I don't think AceMoney was designed for that particular scenario, but you can still accomplish it by creating an Investment in the Portfolio, set its Type to Fund or whatever you want, and then, in the Investment Transactions, you can record individual transactions as either a "Dividend" or a "(S|L)-Term Cap Gains Dist", as both of them only ask you for a transaction amount and commission (if any), no shares needed. So yes, you would just enter the difference between the previous total and the new total each time.

For that matter, you could just track the Pension as a normal Acemoney bank account and not as an Investment. The end result would be the same either way.
Remy Lebeau
Lebeau Software

User of AceMoney since 2004.

PaulG
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Re: Way to track Investments

Post by PaulG » Tue Oct 16, 2018 2:19 pm

:-) Thanks, I'll just treat it as another account, it all gets spent the same!

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