Work with an individual investment
From MTHWiki
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| - | The face value | + | The face value of the bond: Face value of the bond also called the par value, is the value of the bond when it matures. |
| - | The face value is used to calculate interest payments. For example, a 5 percent bond with a face value of $1,000 pays $50 interest annually | + | Most bonds have a $1,000 face value. The face value is used to calculate interest payments. |
| + | For example, a 5 percent bond with a face value of $1,000 pays $50 interest annually | ||
</pre> | </pre> | ||
Revision as of 03:34, 1 July 2010
Overview
Transactions such as buys, sells, splits, and options can be manually entered for an investment or, if your brokerage firm supports online banking, you can download this information directly into MyMoney.
Setting up an investment
1. Click Position. 2. In the left pane, select Add an investment. 3. In the New Investment screen, select the account where the investment will be held and then click Next. 4. Type the name of the investment and then click Next. 5. Continue working through the steps until you finish setting up the new investment.
Quantity/Units
| Security type | Number of shares to enter |
| Stock or mutual fund | The actual number of shares |
| Money market / CD | The total dollar value |
| Bond | Face value of the bond |
| Collectible | The number 1 |
The face value of the bond: Face value of the bond also called the par value, is the value of the bond when it matures. Most bonds have a $1,000 face value. The face value is used to calculate interest payments. For example, a 5 percent bond with a face value of $1,000 pays $50 interest annually
