🚀 go-pugleaf

In article <18833@shemp.CS.UCLA.EDU> flowers@cs.ucla.edu (Margot Flowers)
writes:
>
>On the subject of picking personal finance packages:  What kinds of
>improvements are there in MYM compared to MacMoney for portfolio
>management?
>
MacMoney does not have ANY portfolio management support as such
because you can only enter new data into it in the form of a
transaction.  As a workaround, they suggest treating a move in a security as an
accounting event; for example, if your Adobe shares go up $3.00 you
enter that as a transaction under STOCK INCOME or some such category.
This strategy is unusable for several reasons, so you end up only
updating your portfolio when you buy, sell, or receive dividends.  In addition,
MacMoney has no facility for combining catagories such as STOCK INCOME
and BROKERAGE COSTS to figure out your profits.  Finally, there is no
easy way to calculate annualized returns on your investments.

MYM, on the other hand, was written from an investor mindset.  You
can easily update your portfolio as well as track a hypothetical group of stocks
or other investments.  Unlike MacMoney, you can determine annualized
returns and your actual profits.

>They told me there would be a new version of MacMoney this summer.
Glad to hear it, but for anyone wanting investment features it's too
little, too late.

jack decker