Cash tracking and transactions
Support CASH transactions and balances and then buy/sell transactions with trade fee for portfolios. This will allow customers to have a more accurate representation of their gains/losses.
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s i commented
Yahoo's current crop of programmers are, as a group, incompetent, and I'm not talking about just their coding capabilities.
Common sense is clearly lacking.
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Pedro Emerick commented
There should be a way to sell the stocks in my portifollio, not only delete the intire lot. As you could do in Google Finance.
This way you can see your results through time. -
[Deleted User] commented
Hard to find since Google Portfolio went away. Would be great if a sell could close the position, show the return, and update cash as appropriate!
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Anonymous commented
A uniform system of uploading my trading data into Yahoo instead of manually entering every transaction.
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Anonymous commented
buy when the stock is low and sell when it is high
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Anonymous commented
Include dividends as a cash line on the 'my portfolio' page. Right now the dividends are not included and 'my portfolio' does not agree with reality. Include the ability to record purchases from dividend cash, or sell back to cash.
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Carolina Janovik commented
This is a basic feature! When I migrated from Google Portfolio I was surprised Yahoo doesn't have it
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Mark Armstrong commented
will be a massive improvement... thanks in advance
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Stan Lagun commented
I could even add that more useful to link all trades with a cash in portfolio (as it works in Google Portfolio) - it could help users to track all trades and see whole portfolio performance.
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Olive Tree commented
a sell designated by negative entry in the number of shares should create a non-updating sale value as opposed to "market value" and this will make the average cost and profit calculation right.
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Anonymous commented
Feature request: ability to track sold stocks in portfolio. I'm tracking holdings but when I sell a stock I'd like to see that gain/loss reflected in my overall portfolio value. It would be nice to have a cash position as well but that's not as urgent for me.
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Thomas Bulgin commented
No sensible way to track shares SOLD in a portfolio. Entering the lot as a "-" amount of shares correctly reduces the number of Total Shares in your holding but screws up the Total Gain (and other related) calculations. This just needs some carefully considered logic behind it. Surely not beyond the wit of Yahoo?
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Anonymous commented
Cost Basis error: Select any stock in a list from "My Portfolios" using My Holdings view, select +add lot, enter a negative shares, enter share price of the sale, auto save recalculates holding's values for shares and lot value, BUT THE COST BASIS SEEMS WRONG
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Chuan Lim commented
While the portfolio function allows $$cash to be added, it doesn't track the movement of cash. Can you add a functionality so that the cash balance changes with every purchase/sale of the stocks in the portfolio? This will allow me to have a more comprehensive view of my portfolio, i.e. how much is invested and how much is in cash (can be invested).
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PaulG commented
I must agree with most, that you took one of the BEST free portfolio functions on the web and turned it into one of the worst. However, I see the potential to add functionality that, to my knowledge, is only available for a fee or if you have an account with a broker. You may make your way back to the top, again, if you implement these before losing too many users.
For instance, when you open your new portfolio you get a view including multiple lines containing something that looks like dates, prices and quantities of shares traded. This mistake is easy to fix. Most investors aren’t interested in seeing some yet-to-be-identified history of the stocks in their portfolio. I would bet that more than 90% of all users of your Portfolio page want to see the collapsed display showing only the current data. If I want to see historical data, I expect to click on something else and wait for it to be displayed. That very easy change is a start to restoring some of the usefulness of the Portfolio tool.
Next, is your assumption that you are having dividends automatically reinvested. What if this is a growth and cash portfolio? You force the user to make rather stupid changes to THEIR portfolio, note that it’s not YOUR portfolio, it’s theirs, several times a year! I understand your intent, and your intent is GOOD. However, your implementation needs work.
The first thing you should do is put several posters in, and around the designers offices defining the “components” of the word “assume”. Write me if you don’t know them. Instead of making assumptions about your user’s desires, ask them! It’s very easy to do. In the field where the user identifies the stock they bought or already own and the stock pays dividends, ask them if they are having the dividends automatically reinvested. If they click “Yes”, look up the date, price and number of shares they will be buying, fill in that line, you’re done and everyone’s happy. If they click “No”, ask if they’re receiving the dividend. Again, if the say “Yes”, you’re done and again, everyone’s happy! If they say “No”, move it into the $$CASH field you used to have, but deleted for some unintelligible reason! Of course, this requires you reinstate the $$CASH feature, and the ability to create any number of cash accounts simply by prefixing the name with two dollar signs. Obviously, if the investor has multiple cash accounts, you’ll have to determine the account they want it in, but you should be able to determine the best way to do that. If you can’t, or would like my opinion, you know how to find me.
You can make these few changes, without an excessive amount of development time that will quiet a lot of those complaining about your new portfolio display. There are more changes if you’re willing to invest time for users (a.k.a. ad viewers and, some product buyers, thereby paying for your time).
If you could, I’d rather you not publish the rest. I don’t want to brag, just to show you I have significant experience designing and creating complex software systems. Most of my last 30 years, before becoming permanently disabled, were spent designing and developing software for complex, multi-processor life support equipment, including some inventions and industry firsts still in use. I actually had the wonderful privilege of seeing one of products I helped develop give my father-in-law six more months to live, after having had multiple heart attacks!