Re: Portfolio of portfolios

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In Reply to: Portfolio of portfolios posted by Ralph Sherman on April 06, 1999 at 15:59:53:

: I keep my investments in three separate portfolios. It would nice if I could create a master portfolio which would show the performance of each portfolio, not the stocks etc that are in each. I would like to use the stacked value graph to show the value/time variation of the portfolios. Any way to do this?

I do it in a very tedious, manual way. I run a report on the portfolio. Then i have a "dummy stock" of the name of the prtfolio. I enter the portfolio's total value as the value of one share of the stock. Then i make a portfolio of the dummy stocks, and look at that. If i actually add $ to or subtract $ from the portfolio, then i have to enter a split to the portfolio, to make the shares "equal" when i enter the portfolio value from the report later. That all is tedious, but not too bad. The bad part is if i discover a mistake somewhere, like forgot to enter a distribution or something like that. Then [theoretically] i would have to go back and re-run reports and correct all the values. If the mistake isn't too big usually i don't bother. It does make eyeballing the graph a little inaccurate, tho.

Mark -- any word on when this feature might be added. Lack of this feature is the only thing that makes me say your program is merely "excellent" and not "fantastic".

Tom

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