I have tried to set my "defined contribution plan" up 3 separate ways. None of them worked out or were accurate. So I'm still stuck using my Excel spreadsheet to track my investments.
I tried the following:
With the securities as Stocks, Mutual Funds, and Money Market. The closest one to actually getting things right was as a Money Market, because I could force the exact dollar amount. Because of this the share prices are wrong though.
Please take everything to 4 decimal places (or give us the option to select this). When setting up the investment, my "Total" is rounded two 2 decimal places. While your documentation led me to believe this is a display only thing, I believe the calculations are rounded as well. This throws everything out of whack for me. I need everything to four decimals.
Here is my situation,
I have investments that I would like to track. These are part of a "defined contribution plan" similar to a 401K. Within this single account, I have the ability to move within individual funds a few times a month. Mine is basic with only 5 funds to choose from, I know other companies can have 30 or more. None of these individual funds are listed on a stock exchange, though they do mimic (as indexed funds). This is probably a pretty common thing for most folks fortunate enough to have a job with a larger company (in the USA at least).
Are you developing anything that will be helpful toward this? I can track the market on the internet already, but I do enjoy the tools you provided for this and use them. Could you (or are you) developing something that allows us to input (ingest from a file) our own data? I have years of share prices for all the funds I invest in. This would allow me to track the performance of my investments. I'm already doing this in an Excel spreadsheet.
To summarize...
- I need to have under a single investment account, the ability to enter my own data for share purchases of multiple indexed funds.
- The ability to transfer money from one fund to another (sell shares of one price, to buy shares of another price).
- The ability to look at gains and losses.
- The ability to track my contributions and my companies matching contributions to the account.
- All tracking and inputs to at least 4 decimal places.
I know I had more but I guess this will do for this Portfolio problem for now. Though a possible "budgeting tab" would be cool as well.
Guess I want it all.
Thanks,
Pete