I downloaded the trial ver. of M-04 and the same problems
seem to exist. Does anyone who invests in stocks and
bonds know the solution?
Reports show incorret annual rate of return for basis in
a merged company:
If you record a merger of a stock using the "Record a
special activity" feature in an investement account, the
dollar amount of your original investment in the acquired
company is transferred to the acquiring company, as it
should be. When you run an investment performance
report, the annual rate of return for your basis is
lost. The report displays the result as if you had
bought the acquiring company on the day of the merger!
The report should be tracking your basis back to the date
you bought the acquired company and start the return
calculation form that date on - but it does not do this
important function. This can thow off the entire
portfolio's rate of return, which is of vital importance
for knowing how one's money is actually performing in an
investment. One of the main reasons investors use
software is to perform accurate ROI and annualized rates
of return for their money.
Not investor friendly:
Bonds: Bonds typically have reocurring interest
payments. Yet there is no way to automate this and at
the same time have your return calculations on the
reports be correct. When in the Investments view of the
bond account, you cannot right click on the interest
payment and "add to bills and deposits" as you can from
other accounts - the option is not available. However,
it can be manually entered directly into the "Bills and
Deposits" list but the re-occuring interest deposit will
not show up when viewing investment performance in a
report, possibly because it is not associated with the
investment. This is a major problem for bond owners
because reoccurring bond interest payments are a common
event.