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1
Announcements / IAMv3 Individual Update 3.1.8 Available
« on: November 18, 2019, 03:07:02 PM »
Investment Account Manager v3 Individual - Maintenance Releases 3.1.8 Now Available

Use the choice 'Check For Updates' located on the IAMv3 Individual Version Menu Bar to automatically verify you are currently running the latest version of Investment Account Manager v3 Individual. You will be notified as to whether or not you have the current version. If not, you will be prompted to download the latest file.

Note: if this choice is inactive in your copy of Investment Account Manager, this indicates your support period has expired. To extend technical support for an additional year, renew thru our website Products page: www.investmentaccountmanager.com.

If you have any questions, contact our technical support team: techsupport@investmentaccountmanager.com

Click here for a listing of improvements/changes/corrections included in IAMv3.1.8:
https://www.investmentaccountmanager.com/maintenance-release.php

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Announcements / Blog Post - The Inherent Value of Global Diversification
« on: November 01, 2019, 09:03:01 AM »
Highlights:
> Investors have a natural bias to invest domestically.
> Exposure to international stocks can improve portfolio performance over the long term.
> How best to invest internationally is a subject of considerable debate.

Ahh, home sweet home. That feeling of security and warmth of a place we are all so familiar with. For many of us, the house we grew up in is considered sacred as we have a powerful connection to the places and environment that shaped us. In fact, researchers using fMRI brain technology found key areas of emotional processing in the brain that are activated by places that individuals have strong emotional ties to....

https://www.investmentaccountmanager.com/products/the-inherent-value-of-global-diversification/


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Diversification is for folks who don’t know the future - which is all of us. Think of it this way, if you knew the future perfectly would you ever diversify your portfolio? Of course not. You would simply pick the single ticker that was destined to produce the highest return...     

https://www.investmentaccountmanager.com/products/the-purpose-of-diversification-a-review-of-the-past-49-years/


4
Announcements / IAMv3 Individual Update 3.1.7 Available
« on: September 18, 2019, 02:02:38 PM »
Investment Account Manager v3 Individual - Maintenance Releases 3.1.7 Now Available

Use the choice 'Check For Updates' located on the IAMv3 Individual Version Menu Bar to automatically verify you are currently running the latest version of Investment Account Manager v3 Individual. You will be notified as to whether or not you have the current version. If not, you will be prompted to download the latest file.

Note: if this choice is inactive in your copy of Investment Account Manager, this indicates your support period has expired. To extend technical support for an additional year, renew thru our website Products page: www.investmentaccountmanager.com.

If you have any questions, contact our technical support team: techsupport@investmentaccountmanager.com

Click here for a listing of improvements/changes/corrections included in IAMv3.1.7:
https://www.investmentaccountmanager.com/maintenance-release.php

5
Announcements / Blog Post - Managing Your Investment Portfolio Roster
« on: September 10, 2019, 09:20:54 AM »
With the NFL 2019 season underway,  we here at Investment Account Manager thought to offer an approach for managing your investment portfolio, much like the general manager of an NFL team manages their team roster. Considering the holdings in your investment portfolio as your ‘roster’ may help you to identify the role of each holding within your portfolio...

https://www.investmentaccountmanager.com/products/managing-your-investment-portfolio-roster/


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Announcements / Blog Post - Avoiding Investing Pitfalls...
« on: August 19, 2019, 10:08:58 AM »
Even the most experienced of investors, including professional advisors, occasionally overlook the fundamentals of investing, often resulting in negative consequences for their portfolios, and investing clients...

https://www.investmentaccountmanager.com/products/avoiding-investing-pitfalls/

7
Options / Using Covered Calls With IAM3 Individual
« on: July 17, 2019, 10:56:09 AM »
Investment Account Manager 3 Individual:  Using Covered Call Options
 
Investment Account Manager 3 Individual can track both long and short option transactions. The use of options in an investment portfolio can help to reduce risk, increase leverage, or both. Given the market indices are at all-time highs, now might be an ideal time to consider using such strategies to improve your investment results.

One popular option strategy is known as covered call writing.  Using this strategy, the investor attempts to reduce portfolio risk and increase portfolio income by giving up potential future gains on a stock holding (all or partial) within the portfolio. In this strategy, the investor sells the right to another investor (selling a call), to buy the stock owned (underlying security) at a predetermined price (strike price) within a predetermined time period (expiration date) for an agreed upon price (option price is known as the option premium).   Using covered call options offers an effective strategy to reduce over concentrated positions in an effort to rebalance your portfolio to targeted goals.

For example, if an investor owns 400 shares of XYZ which currently trades at $100/share, the investor could sell 1 covered call option giving the right to another investor to 'call away' 100 shares of XYZ at $110/share within 90 days. The seller of the call might receive a premium of $4.00/share at the time of the sale. The receipt of the $400 ($4 x 100 shares) increases portfolio income, but also limits the potential gain on these 100 shares to $110 for the next 90 days.  If XYZ has become too over concentrated in your portfolio, this provides an effective way to reduce the position, while realizing some additional gains and premium income, should the option be exercised.

If you utilize options within your portfolio, you’ll be impressed with IAM3’s superior functionality in tracking option transactions, and handling the complicated tax treatment they may involve. Option costs, pricing and values are maintained. And whether the call option is either closed by the seller, expires worthless, or is exercised by the buyer of the option, IAM3 Individual will accurately make all necessary tax and underlying stock basis adjustments automatically to satisfy record keeping requirements.

NOTE: An investor using options MUST have their investment account approved for option transactions. Before doing so, your financial institution will provide option information to help you understand the characteristics and risks of options. There are many sources for further information regarding option strategies. One of the best can be found at the Chicago Board of Options Exchange website - http://www.cboe.com/education/getting-started.




8
Importing your portfolio from Yahoo! Finance

Having the ability to manage your portfolio holdings within Investment Account Manager v3.1.6 will provide many important tools and reports not available in Yahoo! Finance. IAM allows:

   Centralized Secure Portfolio Management – Desktop Application – totally private
   Multiple Portfolio Management and Collective Reporting
   Detailed, Informative and Customizable Reporting
   Portfolio Allocation and Rebalancing Analysis
   Mutual Fund Composition Analysis – Asset Type, Sector
   Portfolio Performance with Benchmark Comparisons
   Fundamental Ratio Analysis
   Financial Institution Downloads
   Automatic Security Price Updating
   Mutual Fund Composition Analysis
   Create Historical Pricing Databases

Since 1985 Investment Account Manager has provided investors with detailed portfolio management tools and professional reporting.
 
Importing from Yahoo! Finance

To Import your Yahoo! portfolio, simply follow these steps.

1.) Go to https://finance.yahoo.com/ and then select My Portfolio (see attachment 1).

Select the portfolio you wish to export to IAM to open within Yahoo!

2.) Next click on Export (see attachment 2).

This will create a file called “quotes.csv” which will be saved to your PC's download folder.

Creating the portfolio in Investment Account Manager.

3.) Start IAM and selected File Menu | Import | Yahoo Portfolio Data (see attachment 3).

4.) Now give the portfolio a name within Investment Account Manager (see attachment 4), and then click on Next.

5.) Select the location of the file downloaded from Yahoo!, then the file, and then the Select button (attachment 5) and then click on import (attachment 6).
                  
6.) Check the following screens closely for any editing which may be needed (attachments 7 and 8 ).
 
7.) Review IAM's import audit report (attachment 9).

Your portfolio is now part of Investment Account Manager, as shown on IAM's Home Page (attachment 10).

Please see www.investmentaccountmanager.com for video tutorials, forums, blogs, and other help, including access to our team.

Thank you for your interest in Investment Account Manager.

9
Exporting your IAM portfolio to Yahoo! Finance

Having the ability to monitor your portfolio holdings online is easy to accomplish with IAM v3.1.6 and Yahoo Finance.   

Users will need to decide: Do I want my actual share values (lot by lot) uploaded, or simply the security names without actual values.

Both methods provide meaningful results available for review by cell phone, tablet, etc. after installing the Yahoo! Finance free application on your device.

To Import your Investment Account Manager portfolio, simply follow these steps.

1.)   Open IAM and select the portfolio from the portfolios list (see attachment 1).

2.)   Select File Menu | Export | Yahoo Portfolio Data (see attachment 2).
 
3.)   Select your preference: Tax lots (actual portfolio) or One Share of Each Asset (see attachment 3).

4.)    Investment Account Manager will create and save the file to use with Yahoo! Finance.  Note the location of the file so you can find it (attachment 4).

When complete, close the open windows and minimize Investment Account Manager. The next steps deal with setting up Yahoo! Finance.


Steps to complete in Yahoo

1.   Log-into Yahoo (http://www.yahoo.com), or download and install the Smartphone app to your device.

2.   Either sign-in or sign-up for a new account.

3.   After logging into your account, select Finance from the left panel on Yahoo's Home Page, or the Menu Bar. This will take you to Yahoo Finance home page (http://finance.yahoo.com).

4.   Click on “My Portfolio” in the Menu Bar and then Create Portfolio.

5.   Look for “Import”. Click on “Import”.

6.   In the Import window click on “Choose File”. Find the file:(attachment 4 again).
      
then double-click on it to select it for import to Yahoo!, and Submit button. After the page refreshes, you will have uploaded your portfolio to Yahoo!

7.   The final step is to rename your portfolio on Yahoo!’s website: Click on “Settings” then Rename.

That's it... you now can monitor your portfolio from anywhere in the world!

10
User Tips / Using the QuoteMedia Data Feed with IAM3 Individual
« on: April 16, 2019, 12:36:04 PM »
The QuoteMedia data feed when used with Investment Account Manager 3 Individual provides for much quicker daily market pricing, automatic fundamental analysis, and mutual fund/exchange traded fund compositional data. The QuoteMedia™ data feed is particularly helpful at month end, so with just a few simple clicks, your investments reflect updated fundamental and descriptive data.

QuoteMedia™ offers users the ability to automatically populate and update the fundamental and descriptive data for common stocks. This data, when incorporated into Investment Account Manager, provides the information for powerful fundamental ratio analysis, screening, and asset allocation analysis. Fundamental ratio analysis offers a "snap shot" of a company's value, where the analysis is a review of a firm's financial report.

The QuoteMedia data feed also provides the ability to automatically populate the fund allocation analysis (breakdown by allocation percentages for asset type, sector and size compositions) for mutual funds and exchange traded funds.  These allocation percentages are used in allocation reports to include the portfolio compositions of any funds (mutual funds and exchange traded funds) held in your portfolio when IAM3 Individual derives asset allocation percentages. This means each fund's proportional impact (amount invested in cash, bonds and stocks, by sector, by size) will be included along with any individual holdings of each asset type held outside of your funds, providing a total allocation analysis of your portfolio.




11
User Tips / Transfer Security
« on: March 19, 2019, 08:21:44 AM »
The Transfer a Security to Another Portfolio choice is used to transfer either a portion of a security holding or an entire position to another portfolio being tracked in Investment Account Manager.  It can also be used to deliver holdings out of Investment Account Manager (i.e. to a charity).  This feature provides the ability to assign the original cost basis to the transferred security, or to enter a market price of your choice to use for the adjusted (stepped up) basis for the transferred shares.  The basis rules are dictated by the I.R.S.
 
From the Edit Menu, select Transfer a Security to Another Portfolio.  Shown in the Transfer a Security form are all securities currently owned in the open portfolio, listing the total quantity and the current market value.  Select the security you wish to transfer out of the 'donor' portfolio.  Then, in the lower portion of this form, select the 'destination' portfolio for receipt of the transferred shares.  If you are transferring the security to a portfolio not being tracked within Investment Account Manager, (i.e. to a charity, or other outside account), select the check box 'Transfer out of Investment Account Manager'.

Once the transferred security and the destination portfolio (or the choice Out Of Investment Account Manager) have been selected, you can complete the necessary information for the transfer activity.  Investment Account Manager's transfer feature allows you to assign what values to use for the cost basis of shares transferred.  Select the proper radial button to assign original cost basis and basis date for transferred shares, or to assign current market values as cost basis and transfer date for basis information (for inherited shares, gifts to charity, required distributions from non-taxable accounts).  In most cases, the IRS requires the original cost basis and basis date be used for shares transferred. Check with a tax advisor or appropriate IRS publications as necessary.

12
User Tips / Watch Lists
« on: March 08, 2019, 11:20:43 AM »
User Tip: Watch lists to Improve Decision Making with Investment Account Manager 3 Individual
 
Using 'watch lists' help investors better manage their portfolios by providing alternative investment ideas to use when building or modifying existing portfolios.  A 'watch list' is a grouping of securities in a portfolio that have something in common.  For instance, you might have a watch list for your IRA portfolio, another for your taxable portfolio.  Watch lists can also be effectively grouped by types of securities: i.e., by sector such as Energy stocks, by factor such as Growth stocks, etc.  Investment Account Manager allows for an unlimited number of watch list portfolios that you can maintain with alternative investment ideas.
 
Creating a watch list portfolio in IAM is easy.  Select the Tool Bar | Portfolio Setup Wizard | enter a name | and use the radio button to  'Use quick setup form to manually enter positions'.  Typically, the current date, a quantity of '1' and the current share price is used for populating your watch list.  This will allow you to easily track the performance of the security since its inclusion to the watch list.  Once you've finished the quick setup, you'll have your newly created 'watch list' portfolio available for tracking within IAM3 Individual!

Watch lists also offer very effective “what-if” testing.  For example, users can gauge diversification and allocation impact of additions to an existing portfolio before actually purchasing new securities. This can be easily accomplished by combining a  'watch list' with any existing portfolio(s) on any of the IAM3 reports (using the “Portfolio to include” option on the report setup form).

We encourage you to experiment with watch lists to improve your portfolio management process.  If you have any additional questions on using watch lists in IAM3 Individual, please contact our technical support team: techsupport@investmentaccountmanager.com





13
User Tips / Price Alerts
« on: March 08, 2019, 11:10:27 AM »
User Tip: Using Price Alerts in IAMv3

The Price Alert feature found in Investment Account Manager (Asset Library Menu | Price Alerts) will allow you to enter target prices for the securities you currently own or are tracking within a watch list.  As part of the automatic price updating feature, you'll be automatically notified once a target price has been reached for one or more issues. Those securities that have exceeded their high alert limit will be shown in green; those securities that have fallen below their low alert limit will be shown in red.  Simply click on the tab labeled 'Security Search' to locate the portfolio(s) that hold the selected issue with the price alert.

The strategy behind your price alerts depends on your objective. You can use Investment Account Manager's price alerts to set your potential high price and potential low price ranges for your securities, in effect setting up your price zone. In this case, you might consider selling a security if the market price reaches the high target, and buying a security if the market price reaches the low target. 

Another strategy might be to set all price alerts at a given percentage value above or below the current market prices. This approach works well if you would like to see which of your securities reach their targets before others, while also helping you manage gains and losses. For example, users can quickly set all price alerts using a range- i.e., 5% above and 10% below each security's current market price.

The price alerts feature in IAM3 Individual is a useful tool to better help you better manage your current holdings, as well as your watch-list candidates.  We encourage you to use this feature, and if you have any questions, please contact our technical support team: techsupport@investmentaccountmanager.com

14
Talking Stocks, Funds and ETFs / Closed-end funds
« on: February 06, 2019, 08:45:48 AM »
What is a closed end investment company?

A closed end investment company, i.e., closed-end fund,  is formed when someone sells shares in the company to investors, but instead of using those funds to produce widgets, the funds are used to buy shares of other public companies. These funds get their closed-end name from the fact that they usually do not issue additional shares for sale, nor do they typically purchase their own shares.

Investopedia™ defines closed-end funds as follows:

“A closed-end fund is organized as a publicly traded investment company by the Securities and Exchange Commission (SEC). Like a mutual fund, a closed-end fund is a pooled investment fund with a manager overseeing the portfolio; it raises a fixed amount of capital through an initial public offering (IPO). The fund is then structured, listed and traded like a stock on a stock exchange.”

A closed-end fund can trade at a value that is either greater or less than its net asset value.  Net Asset Value (NAV) equals the excess per share value of the fund’s assets over its liabilities.  Typically, closed ends fund trade rarely trade at their NAV due to due to market demand and supply forces, which is influenced by management track record, operational costs, etc.

If you invest in closed-end funds, please share your experience with visitors to this forum.

Thank you.

15
Options / Understanding Options
« on: February 05, 2019, 01:32:42 PM »
Understanding Options

The following definitions must be understood by traders of American Style equity stock options.

An option contract is a forward agreement giving the holder a future right, not an obligation, to conduct a transaction involving an underlying asset at a specific price at a future date.

Buyer (holder) of option: holds the right to decide whether the option is executed.
  • The buyer of call option: gives the holder right to buy (call away) an asset at a predetermined price on or before a predetermined date.
  • The buyer of a put option: gives the holder right to sell (put to) an asset at a predetermined price on or before a predetermined date.

Seller (writer) of the option: bound by an obligation to the terms of the option agreement.
  • The seller of a call option: must deliver the underlying security at the predetermined price.
  • The seller of a put option: must purchase the underlying security at the predetermined price.

Assignment: the activation of the right to buy or sell the underlying security.

Exercise: the receipt of an exercise notice by an option seller that obligates the writer to fulfill the terms of the option agreement.

Option exercise (strike) price:  the predetermined price the buyer of call option is will to purchase the underlying security, or the buyer of a put to sells the underlying security at the strike price.  If the call is exercised, the seller of a call will deliver the underlying security at the strike price, and the seller of a put is required to buy the security at the strike price.

Option expiration date: The date at which the options ability to be executed terminates, which most commonly occur on the Saturday following the third Friday of each month. Weekly cycles also trade, but at less volume.

Option premium:  The price of the option.

In-the-money-option
   Call option – the underlying stock price is greater than the option strike price.
   Put option – the underlying stock price is less than the option strike price.

Out-of-the-money:
   Call option – the underlying stock price is below the option strike price.
   Put option – the underlying stock is above the option strike price.

At- the-money:
   Call or put option – the underlying stock price is equal to the option strike price.

Intrinsic value: this represents the options in-the-money value. Options that are out-of-the-money or at-the-money do not have any intrinsic value.

Time value premium: the part of the option price that is not intrinsic.

Investment Account Manager will help monitor option positions by tracking performance and tax consequences of option trading. 

To learn more about option trading strategies, please visit:   the CBOE for educational materials including online classes. http://www.cboe.com/education/getting-started

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