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Author: roygordon Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 61  
Subject: portfolio s/w - can't do what I want Date: 12/23/2004 9:45 PM
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I've tried both the portfolio s/w on the motley fool website (here) and also that on yahoo and have the same problem with both.

That's the following: when I close out a position, whether recording cash or not, the % gain (loss) in the portfolio no longer includes the closed position.

Yet, to get a true idea of how I'm doing it seems to me it must.

Here's an example: lets suppose I bought A, B, C, D on the same day, $100 in each.

Now, at a certain time A, B, and C are each up $50 and D is down $50. At this point the portfolio manager says, correctly, I'm up %25 on my $400 investment.

Now, I sell off D, leaving A, B, and C. The portfolio manager now reports I'm up by 50%. ($150 profit on $300.)

But, clearly I'm not! I'm still up only 25%. Since I closed out D it seems to have been forgotten.

I'm looking for portfolio software, on-line (hopefully) or not, that will remember what I've sold and reflect whatever that did in the gain/loss and % gain/loss within my portfolio.

TIA.

Roy
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