Portfolio Manager
From MTHWiki
Contents |
Overview
Portfolio Manager is an investments management tool that allows you to track and assess your holdings in stocks, bonds and other financial instruments. Whether you are a casual investor or an experienced trader, Portfolio Manager can help you set investment priorities, identify under-performing investments and verify efficiency improvements.
Portfolio Manager enables you to measure and understand every aspect of your financial returns including:
- Keep track of all your trading activities.
- Always know your trading performance.
- Perfect for all types of traders/investors.
- Trade in multiple-currencies.
- Charts, technical analysis.
- Manage your trading with total control.
Investment Records Management
Within MyMoney groups of assets are categorized as Portfolios. A portfolio may contain any combination of the following assets:
- Stocks
- Bonds
- U.S. Treasuries
- Mutual Funds
- Currencies
- Index Funds
- Money Market Funds and
- Other financial instruments
Portfolios holdings are further aggregated into Positions, that are classified as the amount of a security either owned (a long position) or owed (a short position).
You are not limited to a single Portfolio per Account, you can track an unlimited number of hierarchical Account Portfolios. Sub-portfolios are useful for organizing your investments into specific areas, and/or for investment advisors tracking investments for multiple clients
When creating new investments for your account you can either record all the historical transactions, or enter starting positions as of a specified date. It is preferable to record all the historical transactions, as this enables accurate performance reporting over past time periods. In cases where the historical data are unavailable or impractical to enter, you may use starting positions.
Historical transactions can be retrieved automatically, imported from a file, or entered manually. In order to retrieve historical transactions, your account must be available from one of the supported brokerage or mutual fund companies. The term "retrieve" is used when Portfolio Manager connects via the internet and automatically obtains your data. The term "import" is used when you have your data in a file, and Portfolio Manager reads in the data from this file. Portfolio Manager can import transactions and positions from a wide variety of files.
By default, Portfolios are grouped by the accounts in which they are held. To view the Investment Positions click the plus sign (+) to the left of an item and My Money will show current positions. To view the transactions for an Investment Position simply select it and MyMoney will retrieve and show purchases, sales, and other activities that have been executed on that investment in Investments Transactions window at the lower half of the Portfolio Manager screen.
Updating Stock Prices
From the Portfolio Manager, you can quickly update your stock prices automatically or manually. While connected to the Internet, MyMoney can download price and stock data from a variety of sources for publicly-traded companies when you select Update prices online from the Update prices menu in the left pane.
For private firms or stocks for which data cannot be automatically downloaded, select Update prices manually from the Update Prices menu in the left pane. MyMoney will display a list of your stocks and ask you to enter the price and the date on which the investment hit that price.
Once downloaded the prices will be displayed on the Quote Board for a quick reference.
Customizing Portfolio Manager tables
You can customize the layout of the main portfolio view to better suit your personal tastes. First, you should select a general layout from the View menu. There are eleven different investment performance metrics to select from, to help you instantly gain different perspectives on your investments:
