Investment Details

  • Updated

The default Investments window is called mceclip1.png. Here you’ll see a list of the investment accounts you’ve added to the software. Above, you’ll see the total value of all your investments. To the right, you’ll see the value of each individual account, as well as the gain or loss on that account based on the cost basis.


A cost basis may automatically appear, or you may need to enter it manually. The cost basis for an individual security can often be found in the tax section of your brokerage firm.


The following types of investment accounts can be added to the software:
● General Investment
● Plan 401(k)
● Plan Roth 401(k)
● Plan 403(b)
● Plan 529
● Rollover IRA
● Roth IRA
● Taxable
● Non-taxable
● Brokerage
● Trust
● Uniform Gifts To Minors Act
● Plan 457
● Pension
● Employee Stock Ownership Plan
● Simplified Employee Pension
● Simple IRA
● Fixed annuity
● Variable annuity
Within these account types, you may see one or more of the following types of holdings:
● Equity: These represent an an ownership stake in in a company, usually in the form of stock, but sometimes other types of securities.
● ETF (exchange traded fund): These represent an ownership share of a fund made up of other assets, which could be stocks, bonds, futures, gold, or any number of other things. Shareholders
don’t own the underlying assets, just the right to some of the profits generated from those assets. ● Money market: These are cash accounts which are like both a savings account and a checking account combined. They return higher yields than savings or checking accounts but may have restrictions on how often money can be withdrawn. They may also require a minimum balance.
● Mutual funds: These are companies run by professional money managers whose job is to invest the money of people who buy shares in the mutual fund company. Managers may change their investments, buy, and sell the underlying assets in order to meet performance goals. However, these shares are not traded on an exchange, like ETFs above.
● Hedge fund: These are investment companies that aren’t available to the general public and are thus regulated differently than mutual funds or other types of funds. They generally invest in relatively liquid assets and may have an investment strategy aimed at getting a return whether markets go up or down, hence the term “hedge.”
● Annuity: These financial products pay out money on specified schedule after a certain period of time, called annuitization. Money is invested during this time (which can last from 2 to 10 years or more), and then begins paying out in a predictable stream. This is often used as retirement income or providing for long-term care.
● UIT (unit investment trust): These investment companies are much like mutual funds, except they have fixed portfolios that allow investors to know what securities are held from the date of deposit until maturity. This is generally two years. UITs are not actively manages and should be considered as a long-term strategy. They are not intended to be traded prior to maturity.
● Cash: These are the funds in your account that have not yet been invested in a security. ● Fixed income: These holdings produce a specific, predictable, regular level of income. They are generally predictable and stable. There are many kinds, but bonds are the most common type of fixed-income holding.
● Options: These grant the holder the right to buy or sell a stock in the future at a price specified at the time of purchase. If the market price differs from the agreed-upon price, the option holder may earn a return.
● Unknown: Sometimes we are unable to determine the security type of a particular holding. When this happens, you can manually set the security type.
To see details about the holdings within an account:
● Click an investment account.
A drop down menu mceclip4.png will appear. The holding’s symbol and name are to the left. To the right, you’ll see the quantity you own, the cost basis, the current market value of the holding, and the gain or loss since it has been tracked. If your investment includes a cash balance, it will be shown at the bottom of the list. For the software to track your gains and losses accurately, you’ll need to know the cost basis of each holding. The cost basis is the original price you paid for a given holding. It may be imported automatically, or you may need to enter it manually.
To edit the cost basis of a particular holding:
1. Click an account to bring up holding details.
2. Click on the cost basis figure; as you hover over it, it will read “Click to edit.” mceclip5.png
3. Enter in the correct purchase price, including any commission paid. In the event you made multiple purchases of the same security, the cost basis for each purchase will need to be added together before entering it into the software.


ℹ️ — Disclaimer: The functionality of this software varies depending on which financial institution you use. Not all content in this guide will apply to your MoneyMap experience.

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