StockWhip

Your portfolio management and performance analysis tool

Help - About Portfolios

In order to accurately measure the performance of a share portfolio, and to keep financial records that can be used by your accountant at the end of the financial year, StockWhip makes some assumptions about a portfolio.

A portfolio has a cash reserve. StockWhip assumes that you have allocated a fixed amount of capital to a portfolio at any one time. Not everyone may do this, instead drawing cash for the purchase of shares from an external pool of funds. Not having a dedicated cash reserve for a portfolio makes it very difficult to measure your trading performance with the portfolio. You may be able to measure capital gain and income from individual share purchases, but you can only see your overall performance when the total capital for a portfolio is tracked over time.

We recommend having a separate account for each portfolio, but often this is unrealistic. At a minimum you should have a separate cash reserve account which all your portfolios use. You would then need to split interest income between the StockWhip cash reserves of all your portfolios, but otherwise this will work fine.

Doing this allows external flows of cash into and out of your portfolio to be tracked separately so they don't have a direct impact on your overall performance figures.

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