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Strategies & Market Trends : Money95, Money98, Money99, Quicken, and the like.. -- Ignore unavailable to you. Want to Upgrade?

To: Hart who wrote (5)	2/1/1999 8:34:00 PM
From: HIA	Respond to of 14

The Money 95 performance can be custom configured to show performance for a single month... The labeling is perfectly clear: 12/1/98 Through 12/31/98 Gain/Loss (124) Now the original purchase was 100 shares at 7.5 ...the closing price for Nov was 6.75 ...200 shares were bought in Dec at 5.875 ...the closing price for Dec was 6.938 ...that's a gain/loss for Dec of 231.40 ...(That uses the Nov ending price for the first hundred shares and uses the cost basis for the 200 shares bought in Dec...)...and that is precisely the profit/loss for the month of Dec...Go back and look at the Money 95 labeling and look at the Money 95 result...that is not correct gain/loss accounting for Money 95...and there is no way in the world to arrive at the Money 95 figure... I have checked the Money 95 output against my program and against a commercial accounting spreadsheet...the Money 95 output is not correct...

To: Hart who wrote (5)	2/1/1999 11:14:00 PM
From: HIA	Read Replies (1) \| Respond to of 14

And... ...I understand that someone could be looking for a portfolio-to-date profit/loss at Oct...then a portfolio-to-date profit/loss at Nov...and so on...while my program calculates the profit/loss FOR Oct...the profit/loss FOR Nov...and so on...However my program does calculate year-to-date profit/loss...as each step is first arrived at... ...and this type of accounting that I use is called mark-to-market in the securities industry...and it is used by securities dealers...futures traders...and by professional day traders (which are by definition securities dealers...unless they work through a traders service)...It is a NOVEL performance accounting method for non-professional investors...shareware of course.