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Announcements / Blog Post - Avoiding Investing Pitfalls...

« Last post by Forum Administrator 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/

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General Discussion / Re: Mkt Price Taxable Bonds

« Last post by Forum Administrator on August 06, 2019, 09:24:29 AM »

Bob,

We do not offer any sort of automatic free pricing functions for corporate bonds, they are not available for automatic download, those would need to manually updated by you in the current asset library...

Matt

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General Discussion / Re: Allocation = US Stocks NOT

« Last post by Forum Administrator on August 06, 2019, 09:23:12 AM »

You can define for a stock if it is foreign under the asset library menu | current asset library | select the stock | then the edit tab, to select the check box to classify as 'foreign security'.  If you have any additional questions, please contact our support team directly at techsupport@investmentaccountmanager.com.


Matt

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General Discussion / Mkt Price Taxable Bonds

« Last post by mopat on July 31, 2019, 01:03:25 PM »

Have a number of corporate bonds in portfolios.

Their market prices do not seem to update.

I put their CUSIP in for symbol; is this correct/wrong?

Does software update these prices?

thanks, bob

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General Discussion / Allocation = US Stocks NOT

« Last post by mopat on July 31, 2019, 01:00:33 PM »

Just started using your software; I did read through your forum pages, but (so far) could not figure out:

All stocks came out as "Asset Class--U.S. Stocks"

       For example:  Accenture ACN, Bank of Nova Scotia BNS, Nestles NSRGY, Telus TU are not US companies; am I missing something?

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Options / Using Covered Calls With IAM3 Individual

« Last post by Forum Administrator 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.

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General Discussion / Re: 7Twelve Index

« Last post by Forum Administrator on July 02, 2019, 09:23:31 AM »

This index is now included for benchmark performance comparison.  7Twelve is a multi-asset balanced portfolio developed by Craig L. Israelsen, Ph.D. in 2008. Unlike a traditional two-asset 60/40 balanced fund, the 7Twelve balanced strategy utilizes multiple asset classes to enhance performance and reduce risk.

Learn more here:

http://7twelveportfolio.com/

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General Discussion / 7Twelve Index

« Last post by cuda on June 20, 2019, 08:54:31 AM »

I just noticed there is a "7Twelve Moderate Index" showing in my current asset library.
What is this and where did it come from?

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Integrating with Yahoo! Finance / Downloading your Yahoo! Finance portfolios into Investment Account Manager

« Last post by Forum Administrator on May 07, 2019, 10:35:03 AM »

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.

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Integrating with Yahoo! Finance / Uploading your IAM portfolio to Yahoo! Finance

« Last post by Forum Administrator on May 07, 2019, 09:59:57 AM »

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!