Stock "price" transactions

[Kevin A. Foss]

On Tue, Dec 05, 2000 at 12:50:38AM -0800, Dave Peticolas wrote:

> also needs to wait. It is true that GnuCash 1.4 allows stock-type
> accounts with no security, but this is really a bug. A stock-type
> account is supposed to be counting *something* and thus every such
> account really must have an actual security specified. The old-format
> importer needs to be modified to prompt the user to specify an actual
> security for such accounts where none exists. That should eliminate
> the need for the patch.

Well this leads to a question I have, I currently use the Mutual Fund
account type to hold the payments I make into my Investment Club, which
obviously isn't an actual 'security' per se.  Basically the accounting
software we use started us out at $10/share in the club, so $100 bought
10 shares.  Now over time the price has fluctuated with the value of
the stocks we've bought, etc and I periodically enter a share price so
any gains/losses figure into the overall value of the investment tree
in gnucash.  I find this much, much easier than maintaining my own
shadow 'mutual fund' and trying to figure my share of all the stocks we
own.

So my question, is 1) what *should* I be filling in for a security?
just a dummy string? or 2) is there a better account type in Gnucash
to keep track of a club type investment?

-Kevin
-- 
Kevin A. Foss ---- kfoss@mint.net