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PortTrak 2.0 - Dealing with Data, Buying Stock

The Big Picture

When you instruct PortTrak to buy a stock, it will prompt you for all of the relevant information needed to enter the purchase into your portfolio. It needs to know the ticker symbol of your purchase, how many shares you are purchasing, what the cost per share is, and how much you will be paying in commission.

If you do not already own this security in your portfolio, you should tell PortTrak that it is a <new ticker>, and then continue to enter the rest of the data. When you are finished and hit OK, PortTrak will ask you for the symbol.

When you enter all of the information for PortTrak, make sure to only enter positive numbers with decimals. You should not enter fractions or symbols (like dollar signs), or negative numbers.

Once you are finished, PortTrak will take your information and create a transaction on the Separated portfolio sheet. It will include the date (which you may change), as well as the rest of the information you have just entered. On the Consolidated portfolio sheet, there is an aggregate of all of the transactions in a given stock, with the average price, average cost, etc.

PortTrak will subtract the funds for this transaction from the cash part of your portfolio.

Step By Step

1) Choose "Buy Stock" from the menu

2) Choose the ticker symbol, or <new ticker> if you don't already own any of this stock

3) Enter the number of shares you are buying

4) Enter the price per share

5) Enter the commission you are being charged

6) Hit the "Calculate" button to see what the total costs are going to be

7) Hit the "OK" button to enter the transaction

8) PortTrak will enter the data into the Separated portfolio sheet, and onto the Consolidated portfolio sheet

9) PortTrak will subtract the cash for this transaction from the cash in your portfolio

Back to Dealing With Data

 

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