This page contains answers to common questions asked of our support staff about Portfolio Manager along with some tips and tricks we have found useful.
Click on the question below to go directly to the answer
Should I set up the portfolios first or define my
Can I track market indices?
Some of my security values were not updated
Do I have to use the Cash Account?
Should I use a margin account?
Does ScoreCard support shortcuts?
Do you have any tips for selecting multiple portfolios in a list, e.g. for a report?
Can I value my portfolio for a prior calendar date?
I entered manual quotes, but the security values aren't updated. Why not?
The Portfolio Invested Amount does not equal the Total Cost of the securities?
I entered a Buy transaction for a mutual fund and the total does not agree with my statement.
- Should I set up the portfolios first or define my securities first?
- Can I track market indices?
- I retrieved quotes, but some of my security values were not updated. What happened?
- Do I have to use the Cash Account?
- Should I use a margin account?
- Does Portfolio Manager support shortcuts?
- Do you have any tips for selecting multiple portfolios in a list, e.g. for a report?
- Can I value my portfolio for a prior calendar date?
- I entered manual quotes, but the security values aren't updated. Why not?
- The Portfolio Invested Amount does not equal the Total Cost of the securities shown on the Statement of Account. What's Wrong?
- I entered a Buy transaction for a mutual fund, and the transaction total does not agree with my statement. Why?
It's more efficient to set up portfolios first because you can assign a security to one or more portfolios as you define each security.
Yes, every market index has a ticker symbol. Create a Watch Portfolio and define the index as a stock in the Watch Portfolio.
For Yahoo quote retrieval, the symbol for the:
Dow Jones Industrial average is ^DJI
NASDAQ is ^IXIC
NYSE is ^NYA and
S&P 500 is ^GSPC
For Microsoft Money Central quote retrieval, the symbol for the:
Jones Industrial average is $INDU
NASDAQ is $COMPX and
S&P 500 is $INX
Check your automatic quote retrieval flags. If the Securities Library automatic quote retrieval flag is turned off, no market quote data will be retrieved for that security. If the portfolio level flag is turned off, then no securities in that portfolio will be updated. Finally, if the automatic quote retrieval flag is turned off for a specific security within a portfolio, the security value will not be updated. All three of these flags must be on for the security value to be updated. At the time you define the security all flags default to "on".
No, however, if you wish to balance Portfolio Manager to your monthly brokerage statements, then use of the Cash Account is recommended. Ensure that the "Post to Cash" flags are turned on for the portfolio and each security within the portfolio. At the time you define a portfolio and a security, the flags default to "on".
You should activate your margin account in Portfolio Manager only if you have set up your brokerage account to allow margin trading. The Portfolio Manager margin account has the same characteristics as the Cash Account.
Yes. Rght click in the Portfolio View, the Securities View, the Cash Account View, or the Margin Account View window, and pop-up menus will be displayed. These give you one-click access to nearly all of the functionality of Portfolio Manager, particularly entry and edit capabilities.
To select multiple non-contiguous portfolios hold the Control Key (Ctrl) down and click on the desired portfolios. To select contiguous portfolios click on the first one, hold down the left mouse button, move the mouse pointer to the last one, release the mouse button.
No. If you want to save valuations at a specific point in time
(e.g. year end), then you should make a copy of the database on
that date using the Database Administration function.
When entering manual quotes, don't forget to click on the "Update" button.
There is nothing wrong with this situation. The Portfolio Invested Amount is the amount of money deposited at the time the portfolio was established - that is, the amount used to start the portfolio. For an IRA account, this is typically $2,000. The Statement of Account Total Cost is the cost basis of the current holdings in the portfolio. For the IRA example, this will initially be $2,000, but will change as securities are bought and sold over time. The funds available to purchase securities in a portfolio will be the initial deposit plus gains from the sale of prior investments.
This apparent problem is caused by mathematical rounding of fractional pennies in a calculated total, and by the rounding of unit prices done by some mutual fund companies. The confirmation provided by some mutual fund companies typically shows the share price to the nearest penny. This can cause rounding discrepancies when the transaction total amount is calculated. To calculate the true price per share, divide the transaction total amount minus commission (if any) by the number of shares. Investor's ScoreCard maintains four significant figures for prices, and rounds to the nearest penny for currency amounts. Suggestion: during transaction entry, if you enter the transaction total amount, the commission amount will be automatically calculated. Using this technique, any extra pennies that appear because of mathematical rounding will be shown as commission, and will not affect the total amount of the transaction.