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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