account types for investment gains and losses
Derek Atkins
warlord at MIT.EDU
Mon Aug 7 14:43:22 EDT 2006
"Michael P. Soulier" <msoulier at digitaltorque.ca> writes:
> Hello,
>
> I'm wondering what people normally use to represent investment gains and
> losses. For mutual funds, for example, when funds gain or lose value, what
> account type to you attribute those gains and losses to/from?
Nothing. Until they are realized there's no entries into your
datafile except PriceDB entries. The reports will tell you your
current holding value, but there IS no gain/loss until you sell.
-derek
--
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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