Tracking a TIAA mixed fund account

[AC]

On 2017-07-26 12:17, Eric Siegerman wrote:
> (Lost the attribution; sorry):
>> Assets:TIAA (cash)
>> Assets:TIAA:Lifecycle 1 (commodity)
>> Assets:TIAA:Lifecycle 2 (commodity)
>> Assets:TIAA:TIAA Mutual Fund (commodity)
> 
> I've never heard of TIAA before, but from what's been said, I
> infer that an account there behaves enough like a normal
> investment account for what follows to make sense, i.e. that it
> can hold numerous securities, but can also directly hold cash.
> 
> If that's so, I'd make one small change to the suggested layout:
> track the cash holdings in a fourth subaccount, rather than
> dumping them into the parent account, like so:
> 
>     Assets:TIAA (placeholder -- see below)
>     Assets:TIAA:Cash (cash)
>     Assets:TIAA:Lifecycle 1 (commodity)
>     etc.
> 
> That way you can see at a glance how much uninvested cash the
> TIAA account holds, while the parent Assets:TIAA GNC account
> shows its total value.
> 
> In this scheme, you'd never enter transactions directly into
> Assets:TIAA, but only into its subaccounts.  Turning the former
> into a "placeholder account" would help prevent mistakes in that
> regard, but is entirely optional.


The account does not have the ability to hold cash, whatever is sent
over to them from my paycheck is directly invested in one of the three
commodities.  The only thing the account has is a current cash value
based on the current market values of the commodities.  I'm going to try
the structure in a new file and see how it behaves.  If everything looks
ok then I'll recreate the structure in my main file and start entering
the data.