[GNC] GC Best Practices for Investment Management

[brad]

Yes, I think it's very useful to have all of my financial data in GC, 
even tho it doesn't do everything that I want.  I haven't found the 
brokerage firms analysis tools useful.   They seem to be oriented toward 
the active investor & do their best to encourage trading.
I'm an index fund, buy and hold, investor.   I use a balance sheet 
report in GC which I export then use some script and Octave tools to 
generate an asset allocation report where I keep running log in a 
spreadsheet.   It's messy but I don't know anything about Scheme, so 
this was easier for me.

I still rely on the brokerage data for cap gains and taxable stuff, but 
I try to make sure my GC data is consistent.


On 11/8/23 11:16, Jediator wrote:
> After dumping QB and using GC for couple of months, I started really 
> enjoying its features and simplicity.  I noticed that a major feature 
> in GC is the stock and investment management function, which I was 
> hesitating to get into.  I'd like to hear from fellow GC users on the 
> usefulness and best practices for using GC for investment management.  
> Especially:
>
> 1. GC was developed in the 90's before many brokerage firms offer
>    portfolio management and analysis tools.  Is it really useful to
>    replicate your investment data in GC from your brokerage account?
>    What are the advantages does GC bring in doing this other than
>    calculating capital gain taxes/loss?
> 2. What types of direct reporting functions in GC for investment
>    management (Info in tool guide and online Wiki seems to be outdated)?
> 3. How do you compare GC with other open source products (e.g.,
>    Ghostpolio)?
>
> Thanks a lot in advance! -- JC
>
>
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