Clone portfolio.

The following is mail correspondence about how to clone a portfolio in the software program Amateur Invest. It is placed here so that you can see questions asked either in the investment forum or directly by email. It can be used to learn more about the software program Amateur Invest.

---------- Original Message -----------
From: "tim l." <tim@?.com.au>
To: <amateur-invest.com>
Sent: Wed, 24 Jan 2007 17:37:57 +0900
Subject: CLONING A PORTFOLIO

Is there any way I can duplicate / clone a portfolio. For instance, my superfund has a list of shares with closing balances at 30/6/06. Now what I would like to do is to name that portfolio 2006 for instance.

Then I would like to clone the 50 stocks, so that I dont have to put in all the accounts and callsigns again - just the opening balance 1/7/06 which will be the same as the closing balance 30/6/06 - and then call that 2007 for example. When the auditor comes, I give him printout of the 2007 and it only shows opening to closing 30/6/07.

That way I make it KIS for him, and he does not get distracted about old purchase prices and the like.

Perhaps I can export a portfolio and import it as another name and then change?
------- End of Original Message -------

From: R. Michael
To: tim l.
Subject: Re: CLONING A PORTFOLIO

Hi Tim,

In the "Admin" window in the registered version it is possible to "clone" / create a portfolio. When creating a new portfolio you are asked if the currently selected portfolio should be copied to the new. However, when you switch between portfolios, the latest available prices will update the current value of the portfolio. I can change this in the coming release, so that it asks if it should update the values.

Finally there's only 3 characters available for portfolio naming. So the name has to be shortened - something like b16 for "balance first half 06", and b26 for second half 06.

Regards,
R. Michael

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---------- Original Message -----------
From: "tim l." <tim@?.com.au>
To: "R. Michael"
Subject: Re: CLONING A PORTFOLIO

Oh thanks SO much for that Michael. When do you reckon you will have the coming release to which you refer? No problem on 3 chrs - will make J06 J07 and the like.

TIM
------- End of Original Message -------

From: R. Michael
To: tim l.
Subject: Re: CLONING A PORTFOLIO

Hi Tim,
It is planned for Feb. 1st.

Regards,
R. Michael

---------- Original Message -----------
From: "tim l." <tim@?.com.au>
To: "R. Michael"
Subject: Re: CLONING A PORTFOLIO

So that is not so long to wait. To make sure I have the position correct -.

I start off 1/7/05, not with the purchase price of the stocks, but with the value at that date, or purchase price if bought during that year. I do this easily enough by listing the shares and showing the purchase price as the opening value. Then at the end of the year, those stocks on hand at 30/6/06 are listed with the value updated from yahoo at end date. This portfolio is then left to rest as is, and another portfolio cloned at 1/7/06. This table is named another one, such as 307, (from the earlier 306), and is modified by editing stocks to show the cost as the closing value at 30/6/06. Those shares on hand, not sold, at 30/6/07 are left with value updated from yahoo on end date. Both tables are left as is, and whenever recourse is made to view them, the option to update the values is not taken.

Is that how you understand the position to be?
Another thing -where are you - locstat town and state? Merely out of interest to get an idea when help emails are manned.

Thanks a lot TIM
------- End of Original Message -------

From: "R. Michael"
To: "tim l." <tim@?.com.au>
Subject: Re: CLONING A PORTFOLIO

Hi Tim.

From what I can gather, from your description - Yes, that looks correct.

The only thing I'm unsure about, is what you mean by some shares not having purchase price, and others having.

But in general, in Amateur Invest you can adjust values in the portfolio by setting the share price for a certain company at a certain date in the "prices & info" window.

- If you have not done so, I suggest you download the program, and try the things you want - the only thing you cannot try out, is the saving of the portfolio - since "multiple portfolios" are not available in the free version. - Also you cannot try out the "update" of portfolio values, since that will be available in the next version.

I'm located in Copenhagen, Denmark, Europe - and usually (except for vacations) answer questions from 8-22 GMT+1

Regards,
R. Michael


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