Fwd: Re: Tracking a TIAA mixed fund account

[AC]

Yes they do all have symbols but I have no plans to download the quotes
directly from any source.  What I'm asking about is setting up the
account tree to track the numbers I'm looking for:  total value of the
whole portfolio, value of the individual products, and tracking of the
underlying mutual fund distributions in the one particular MF product.

So it's basically a cascade of accounts with a top level and multiple
sublevels and I'm just trying to get that correct so that it doesn't
cause issues with the rest of my accounts (mainly a cash flow report).

On 2017-07-22 21:55, Dale Alspach wrote:
> I have two TIAA contracts which contain mutual funds and other similar
> investments. I have a top level asset account named Retirement and below
> that are asset accounts for each contract. Under each contract are accounts
> for each mutual fund, ETF, etc. As far as I am aware all TIAA funds now
> have symbols and quotes can be obtained from Yahoo. The only exception is
> the TIAA guaranteed or stable-value fund. For that one I use pseudo shares
> with 1 dollar = 1 share. So each underlying mutual fund is setup to use
> prices updated by finance-quote. I download transactions
> once a month from the TIAA site.
> 
> To keep things organized I have separate income accounts for tax sheltered
> income and taxed income. Transactions
> under the Retirement account only affect the tax sheltered income accounts.
> 
> Dale
> 
> On Jul 22, 2017 10:38 PM, "AC" <gnucash at acarver.net> wrote:
> 
>> I may be misunderstanding,  but it seems like the following would work:
>> Assets:TIAA (cash)Assets:TIAA:Lifecycle 1 (commodity)Assets:TIAA:Lifecycle
>> 2 (commodity)Assets:TIAA:TIAA Mutual Fund (commodity)
>> My experience of the so called "Lifecycle" funds is that they are just
>> like any other mutual funds.
>> When I handle payroll deductions, the dollars go into the cash account,
>> and a separate purchase transaction moves the cash into fund shares. It's a
>> little cumbersome, but it allows me to ensure that the right numbers get
>> in.
>> HTH, David
>>
>>
>>   On Sun, Jul 23, 2017 at 8:38, AC<gnucash at acarver.net> wrote:   I want
>> to start tracking my TIAA retirement portfolio for informational
>> purposes (no reporting needs, filings, etc.) but I need some suggestions
>> on structuring the account trees so that it doesn't affect my existing
>> accounts.  However, possibly later I'll edit things so that the paycheck
>> contributions are directed accordingly so I'd want the new accounts to
>> allow that eventually (i.e. for now I'll add contributions manually
>> using a virtual source and eventually go back through and move those to
>> withdraw from my paycheck, the amount withheld is already accounted)
>>
>> The trick with my TIAA portfolio is that it has three different products
>> within it.  Two of them are TIAA funds (one of the lifecycle multi-asset
>> funds) that does not have a breakdown of the individual holdings (like a
>> mutual fund).  These two only document the employer contributions, my
>> contributions, shares and interest/dividends.  The third product is a
>> TIAA mutual fund for which the individual holdings are broken out with
>> all the same data as a typical mutual fund (shares, prices, etc.)
>>
>> What I expect to have is some type of top-level account that tracks the
>> overall value of the portfolio in dollars and then either within that or
>> somewhere nearby an account or account tree for each of the three
>> products.  At first I had considered just making the two TIAA funds into
>> an account that was basically a mutual fund with a single holding but I
>> wasn't quite sure how to combine that with the one real mutual fund when
>> each of the three funds receives different amounts of contributions and
>> individual dividends.  Perhaps it would be a top-level account then
>> three sub-accounts that are all mutual funds with two of them having one
>> holding and the last is the broken out holding?
>>
>> I don't plan on using this for any official reporting (I get those
>> documents already), and I don't plan on downloading statements, quotes,
>> or anything else.  I'll just manually track things as my statements come
>> in and I enter the data from those, perhaps updating symbol share prices
>> manually if I'm interested at a particular time.  I don't currently use
>> much reporting as is with my existing accounts except an occasional cash
>> flow report so as long as that isn't affected I'm fine.  I do currently
>> have a mutual fund being tracked so I want to be careful not to cause
>> trouble for that either.
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