GNUCash is making up prices
Roland Roberts
roland@astrofoto.org
18 Sep 2001 00:08:07 -0400
>>>>> "Linas" == Linas Vepstas <linas@linas.org> writes:
Linas> On Mon, Sep 17, 2001 at 08:08:42AM -0600,
Linas> ghaverla@freenet.edmonton.ab.ca was heard to remark:
>> I decide to buy shares such that I am working with fractional
>> numbers of shares where the fractional part is a ratio of
>> primes (ignore the integer part). So, one time I buy X + 1/2
>> shares, another time I buy Y + 5/7 shares, another time I buy Z
>> + 13/41 shares, and so
Linas> I am not sure that I beleive that there is any brokerage in
Linas> the world that accepts orders of fractional shares with
Linas> prime denominators (other than 2, 3 and 5).
We're dealing with *Mutual Funds*, not stocks. I get very odd numbers
of shares, but I have always assumed a different rule, namely that the
amount I paid is exactly correct and that the number of shared I
purchased is exactly correct. The price is the ratio and is reported
rounded to some nice number for reporting.
--
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Roland B. Roberts, PhD RL Enterprises
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