Re: CREATING 2DIFFERENT PORTFOLIOS WITH SAME STOCK BUT DIFFERENT SHARES

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In Reply to: Re: CREATING 2DIFFERENT PORTFOLIOS WITH SAME STOCK BUT DIFFERENT SHARES posted by Charalambos Macheras on April 18, 1999 at 21:12:16:

: : : : How do you create 2 portfolios with the same Mutual Funds, if each portoflio has a different amount of shares.
: : : : I created one portfolio and when I created the other portfolio and tried to add the fund I had in the first portfolio it told me it already existed and asked me if I wanted to overwrite it.
: : : : Any help would be greatly appreciated.

: : : : Thank Your
: : : : Gene

: : : Hello,
: : : With your permission let me share my experience on this issue with you. I had the same question since FM 3.x. The solution is to create a second investment with a different name (but same symbol) and include that second investment in your second portfolio with the different number of shares, for instance, MICROSOFT 1 and MICROSOFT 2 (symbol MSFT). Each one can has different number of shares.
: : : Best regards
: : : Thank you
: : : Harris

: : Thanks, but it didn't work.

: : 1st. I create a portfolio called Mary and I add a fund called Putitan with the symbol fpurx to it.

: : 2nd. I create another portfolio called Gene and I add a fund called Puritan-1 with the symbol fpurx to it. When I try to add the puritan-1 with the symbol fpurx it tells me the fund already exist and it asks me If I want to overwrite it.
: : I really don't believe you can have 2 different Portfolios with the same symbols and different amounts of shares.

: : Gene
: :

: Hi,
: I dont really know what to say.
: I tried it again after reading your message and it does work with me.
: Mark certainly can help.
: Best regards
: Harris

Hi Gene,

You can do what you are trying to do.

I think the problem may be that you must
create the 2 different investments with
a different "filename", not "name" or "symbol".
For example, you can create 2 investments
to track IBM with different shares/transactions.
They would both have the name of International Business Machines
and symbol IBM, but one would be saved as
IBM1.dat and the other as IBM2.dat. By default,
FM fills in the filename for a new investment
with the symbol, but you can easily change
this when saving the new investment.

Hope this clears things up.

Thanks,
Mark
--
Mark Beiley

Fund Manager for Windows 3.1x/95/98/NT

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